Bank Hapoalim signs USD 85 million facility. Analysts set ILS 91.10 target for Bank Hapoalim stock

Published on 10/16/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analysts lifted ILS 83.00 to ILS 91.10 on September 29, 2026. Bank Hapoalim stock had ILS 2.49 billion net income in the second quarter.

Capital allocation and valuation

Bank Hapoalim arranged a USD 85.00 million facility in October 2026.
Analysts lifted the target from ILS 83.00 to ILS 91.10 on September 29, 2026.
Second-quarter 2026 net income reached ILS 2.49 billion.
Market capitalization stood at ILS 100.0 billion on October 15, 2026.

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

Bank Hapoalim B.M (IL0006625771) signed an agreement for a USD 85.00 million credit facility in October 2026, supporting power-generation and data-center projects in the United States. EBN reported that the facility will provide loans and guarantees to a subsidiary of Stark Power Ltd. The transaction gives investors a concrete example of the bank's international project-finance activity.

Credit facility expands project finance

The facility supports acquisitions and development of power-generation and data-center projects. That structure links the announcement to corporate lending rather than to a consumer-banking campaign, while the USD 85.00 million amount sets a measurable scale for the transaction.

Bank Hapoalim's second-quarter 2026 income statement lists revenue of ILS 11.51 billion and net income of ILS 2.49 billion. Net income rose from ILS 2.12 billion in the first quarter of 2026 to ILS 2.49 billion in the second quarter, an increase of 17.14 percent. Basic earnings per share were ILS 1.90 in the second quarter of 2026.

What does the target imply?

Simply Wall St reported on September 29, 2026, that the analyst consensus target rose from ILS 83.00 to ILS 91.10. The change reflects revised assumptions for revenue growth, profit margins, the discount rate and the future price-to-earnings multiple. The target is an analyst reference, not a forecast made in this article.

The bank's TASE listing was last at ILA 7,650.00 on October 15, 2026, at 5:28 p.m. IDT, after a previous close of ILA 7,558.00. The same market snapshot places the 52-week range at ILA 6,160.00 to ILA 8,498.00. The latest quoted price was therefore 9.98 percent below the yearly high, calculated against ILA 8,498.00.

Stock context for investors

Bank Hapoalim combines a fresh financing transaction with substantial second-quarter earnings. Its stated operating structure spans corporate banking, retail banking and financial markets, making project finance one part of a broader banking platform.

The next material comparison is between the USD 85.00 million facility and the ILS 2.49 billion quarterly net income. They use different currencies and describe different activities, so neither figure should be treated as a direct measure of the other's profitability.

Price and valuation context

Bank Hapoalim's market capitalization stood at ILS 100.0 billion on October 15, 2026. The combination of the dated TASE quotation, the ILS 91.10 analyst target and the second-quarter earnings figures gives the stock report a market, valuation and operating frame.

Trading developments are shown through the dated TASE quotation and the bank's reported second-quarter figures.