Bank Hapoalim

Founded in 1921, Bank Hapoalim (Hebrew: The Workers' Bank) is now one of Israel's leading financial institutions. There is an emphasis on retail banking services, although the bank caters to corporate and institutional clients as well. More than 250 of its branches and offices can be found in Israel and other countries. Bank Hapoalim has a sizable share of the Israeli banking market and is a major player in the industry.

The bank earned a profit of 915 million shekels ($267 million) in the fourth quarter of 2020, up from a loss of 629 million shekels in the same period in 2019. The bank's loan portfolio expanded, and it began offering digital wallets and striking partnerships with financial institutions in Bahrain and the United Arab Emirates. The increase in interest rates and inflation led to a record net profit for the bank in 2023: NIS 6.5 billion ($1.82 billion).

The market cap for Bank Hapoalim as of April 2023 is $10.92 billion. Based on its current market capitalization, Bank Hapoalim is the 1389th most valuable company in the world. The most recent annual report shows that Bank Hapoalim's income is $5.21 billion. The company's revenue of $4.43 billion in 2021 represents an increase over the $3.84 billion it earned in 2020.

Founded: 1921
Headquarters: Tel Aviv, Israe
Website: bankhapoalim.com