Bank Hapoalim secured USD 85 million facility: what it means for Bank Hapoalim stock

Published on 10/19/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank Hapoalim secured a USD 85 million facility on September 29, 2026. Bank Hapoalim stock earned ILS 2.49 billion in the second quarter.

Facility and earnings context

Bank Hapoalim secured a USD 85 million facility on September 29, 2026.
Second-quarter 2026 net income reached ILS 2.49 billion and the margin was 39 percent.
The bank's annual general meeting is scheduled for October 29, 2026.

Bank Hapoalim B.M, IL0006625771, Illustration mit AI erstellt.

Bank Hapoalim secured a USD 85 million facility for U.S. power acquisitions on September 29, 2026, while Bank Hapoalim stock remains tied to a strong second-quarter earnings base. Simply Wall St reported that the financing expands the bank's role in backing Israeli companies operating abroad.

What does the facility mean?

The facility links Bank Hapoalim to utility-scale power projects in the United States and Europe. The transaction adds an international project-finance example to a business that remains centered on banking and financial services in Israel, North America and Europe.

The facility also introduces a clear credit-risk dimension. Project acquisitions and construction depend on execution, regulation and asset performance, so the headline USD 85 million amount describes financing exposure rather than immediate revenue.

Results show the earnings base

Bank Hapoalim reported ILS 2.49 billion of net income in the second quarter of 2026, compared with ILS 2.12 billion in the first quarter. Diluted earnings per share increased from ILS 1.62 to ILS 1.90 over the same periods, according to the bank's financial data.

Calcalist reported on August 11, 2026, that the bank posted USD 830 million in second-quarter profit and planned ILS 1.24 billion in dividends and share buybacks. That capital-return figure gives the facility a broader context: growth initiatives and shareholder distributions are being pursued together.

Dates and valuation signals

Chronology shows three dated milestones. On May 15, 2026, Bank Hapoalim reported ILS 2.12 billion of first-quarter net income; on August 11, 2026, second-quarter net income reached ILS 2.49 billion; and on September 29, 2026, the bank secured the USD 85 million facility. The sequence moves from earnings to capital returns and international project finance, as documented by Simply Wall St.

The next substantiated corporate date is the annual general meeting on October 29, 2026, listed by Simply Wall St. On October 16, 2026, the TASE stock closed at ILS 77.02, while its 52-week range stood at ILS 61.60 to ILS 84.98.

Stock context for German investors

Bank Hapoalim trades under ticker POLI on the Tel Aviv Stock Exchange. The October 16 closing level places the stock inside its 52-week range, leaving the facility and the next earnings update as the main dated reference points for assessing the bank's operating direction.