Bank Hapoalim (POLI) - Net Assets

Latest as of December 2025: ILA64.68 Billion ILA

Based on the latest financial reports, Bank Hapoalim (POLI) has net assets worth ILA64.68 Billion ILA as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA766.66 Billion) and total liabilities (ILA701.99 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA64.68 Billion
% of Total Assets	8.44%
Annual Growth Rate	6.73%
5-Year Change	51.3%
10-Year Change	88.98%
Growth Volatility	357.66

Bank Hapoalim - Net Assets Trend (2000–2025)

This chart illustrates how Bank Hapoalim's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bank Hapoalim (2000–2025)

The table below shows the annual net assets of Bank Hapoalim from 2000 to 2025.

Year	Net Assets	Change
2025-12-31	ILA64.68 Billion	+11.22%
2024-12-31	ILA58.15 Billion	+10.91%
2023-12-31	ILA52.43 Billion	+12.75%
2022-12-31	ILA46.50 Billion	+8.79%
2021-12-31	ILA42.75 Billion	+7.14%
2020-12-31	ILA39.90 Billion	+4.39%
2019-12-31	ILA38.22 Billion	-91.13%
2018-12-31	ILA430.90 Billion	+1096.82%
2017-12-31	ILA36.00 Billion	+5.20%
2016-12-31	ILA34.23 Billion	+3.03%
2015-12-31	ILA33.22 Billion	+5.09%
2014-12-31	ILA31.61 Billion	+7.85%
2013-12-31	ILA29.31 Billion	+8.33%
2012-12-31	ILA27.06 Billion	-91.64%
2011-12-31	ILA323.75 Billion	+10.40%
2010-12-31	ILA293.27 Billion	+2.38%
2009-12-31	ILA286.44 Billion	+0.14%
2008-12-31	ILA286.03 Billion	+0.65%
2007-12-31	ILA284.18 Billion	+7.45%
2006-12-31	ILA264.48 Billion	+1.91%
2005-12-31	ILA259.53 Billion	+1495.26%
2004-12-31	ILA16.27 Billion	+10.25%
2003-12-31	ILA14.76 Billion	+7.04%
2002-12-31	ILA13.79 Billion	+6.46%
2001-12-31	ILA12.95 Billion	+2.08%
2000-12-31	ILA12.69 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Bank Hapoalim's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 990.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	ILA57.96 Billion	89.62%
Common Stock	ILA7.06 Billion	10.91%
Other Comprehensive Income	ILA-343.00 Million	-0.53%
Total Equity	ILA64.68 Billion	100.00%

Bank Hapoalim Competitors by Market Cap

The table below lists competitors of Bank Hapoalim ranked by their market capitalization.

Company	Market Cap
Caseys General Stores Inc NASDAQ:CASY	$27.89 Billion
Zijin Mining Group Company Limited F:FJZ	$27.94 Billion
Dover Corporation NYSE:DOV	$27.95 Billion
Ryanair Holdings plc IR:RYA	$28.00 Billion
Hubbell Inc NYSE:HUBB	$27.86 Billion
DCI Indonesia Tbk PT JK:DCII	$27.84 Billion
The Hershey Company SA:HSHY34	$27.82 Billion
Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A SHE:300760	$27.81 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bank Hapoalim's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 58,150,000,000 to 64,677,000,000, a change of 6,527,000,000 (11.2%).
Net income of 9,802,000,000 contributed positively to equity growth.
Dividend payments of 3,466,000,000 reduced retained earnings.
Share repurchases of 794,000,000 reduced equity.
Other comprehensive income decreased equity by 343,000,000.
Other factors increased equity by 1,328,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	ILA9.80 Billion	+15.16%
Dividends Paid	ILA3.47 Billion	-5.36%
Share Repurchases	ILA794.00 Million	-1.23%
Other Comprehensive Income	ILA-343.00 Million	-0.53%
Other Changes	ILA1.33 Billion	+2.05%
Total Change	ILA-	11.22%

Book Value vs Market Value Analysis

This analysis compares Bank Hapoalim's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 161.26x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 652.63x to 161.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	ILA12.10	ILA7900.00	x
2005-12-31	ILA12.88	ILA7900.00	x
2006-12-31	ILA14.40	ILA7900.00	x
2007-12-31	ILA14.80	ILA7900.00	x
2008-12-31	ILA14.44	ILA7900.00	x
2009-12-31	ILA15.52	ILA7900.00	x
2010-12-31	ILA17.32	ILA7900.00	x
2011-12-31	ILA17.87	ILA7900.00	x
2012-12-31	ILA20.09	ILA7900.00	x
2013-12-31	ILA21.82	ILA7900.00	x
2014-12-31	ILA23.54	ILA7900.00	x
2015-12-31	ILA24.77	ILA7900.00	x
2016-12-31	ILA25.50	ILA7900.00	x
2017-12-31	ILA26.85	ILA7900.00	x
2018-12-31	ILA28.10	ILA7900.00	x
2019-12-31	ILA28.59	ILA7900.00	x
2020-12-31	ILA29.84	ILA7900.00	x
2021-12-31	ILA31.97	ILA7900.00	x
2022-12-31	ILA34.79	ILA7900.00	x
2023-12-31	ILA39.20	ILA7900.00	x
2024-12-31	ILA43.56	ILA7900.00	x
2025-12-31	ILA48.99	ILA7900.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bank Hapoalim utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 15.16%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.81%
• Asset Turnover: 0.06x
• Equity Multiplier: 11.85x
Recent ROE (15.16%) is above the historical average (9.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	13.96%	9.47%	0.08x	18.62x	ILA473.90 Million
2001	7.36%	4.26%	0.09x	19.30x	ILA-329.00 Million
2002	3.55%	2.62%	0.07x	19.71x	ILA-858.60 Million
2003	9.43%	7.36%	0.07x	18.16x	ILA-81.60 Million
2004	13.77%	18.51%	0.04x	17.28x	ILA572.40 Million
2005	17.79%	23.65%	0.04x	17.30x	ILA1.26 Billion
2006	18.42%	25.94%	0.05x	15.51x	ILA1.54 Billion
2007	14.27%	22.96%	0.04x	16.14x	ILA801.20 Million
2008	-4.76%	-14.00%	0.02x	16.33x	ILA-2.77 Billion
2009	6.31%	11.06%	0.04x	15.03x	ILA-759.80 Million
2010	9.53%	12.45%	0.06x	13.90x	ILA-107.90 Million
2011	11.52%	13.88%	0.06x	14.96x	ILA361.50 Million
2012	9.37%	12.65%	0.05x	14.07x	ILA-169.50 Million
2013	8.73%	13.59%	0.05x	13.08x	ILA-369.00 Million
2014	8.65%	16.03%	0.04x	13.00x	ILA-423.10 Million
2015	9.33%	18.91%	0.04x	13.07x	ILA-221.20 Million
2016	7.72%	17.68%	0.03x	13.16x	ILA-776.70 Million
2017	7.42%	18.08%	0.03x	12.67x	ILA-926.30 Million
2018	6.91%	15.72%	0.04x	12.28x	ILA-1.16 Billion
2019	4.71%	11.38%	0.03x	12.14x	ILA-2.02 Billion
2020	5.16%	14.10%	0.03x	13.53x	ILA-1.93 Billion
2021	11.50%	30.30%	0.03x	14.95x	ILA640.50 Million
2022	14.05%	27.65%	0.04x	14.31x	ILA1.88 Billion
2023	14.04%	19.27%	0.06x	13.09x	ILA2.12 Billion
2024	13.13%	18.86%	0.06x	12.40x	ILA1.82 Billion
2025	15.16%	22.81%	0.06x	11.85x	ILA3.33 Billion

Industry Comparison

This section compares Bank Hapoalim's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $26,981,631,429
Average return on equity (ROE) among peers: 5.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bank Hapoalim (POLI)	ILA64.68 Billion	13.96%	10.85x	$27.88 Billion
Israel Discount Bank Ltd (DSCT)	$137.70 Billion	0.40%	0.03x	$11.22 Billion
Export Inv (EXPO)	$635.32 Million	4.98%	21.38x	$239.94 Million
First International Bank of Israel Ltd (FIBI)	$5.82 Billion	0.00%	14.89x	$6.68 Billion
FIBI Holdings Ltd (FIBIH)	$11.04 Billion	7.26%	16.74x	$2.89 Billion
Jerusalem (JBNK)	$384.10 Million	7.68%	17.69x	$419.14 Million
Bank Leumi Le-Israel B.M (LUMI)	$25.23 Billion	3.65%	13.91x	$1.08 Billion
Mizrahi Tefahot (MZTF)	$8.05 Billion	12.99%	17.65x	$16.61 Billion

About Bank Hapoalim

TA:POLI Israel Banks - Regional

Market Cap

$27.88 Billion

ILA10.40 Trillion ILA

Market Cap Rank

#837 Global

#1 in Israel

Share Price

ILA7900.00

Change (1 day)

-2.47%

52-Week Range

ILA5194.00 - ILA8429.00

All Time High

ILA8429.00