Bank Hapoalim (OTCMKTS:BKHYY) Shares Gap Down - Here's Why

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $94.35, but opened at $90.95. Bank Hapoalim shares last traded at $90.95, with a volume of 577 shares trading hands.

Bank Hapoalim Stock Up 1.5%

The firm has a market capitalization of $25.40 billion, a P/E ratio of 11.67 and a beta of 1.11. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.92. The firm's fifty day moving average price is $86.89 and its 200-day moving average price is $73.92.

Bank Hapoalim (OTCMKTS:BKHYY - Get Free Report) last issued its earnings results on Sunday, May 18th. The bank reported $2.53 earnings per share for the quarter. The firm had revenue of $1.57 billion during the quarter. Bank Hapoalim had a net margin of 19.73% and a return on equity of 14.07%.

Bank Hapoalim Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 2nd were given a $0.5386 dividend. This represents a dividend yield of 2.07%. The ex-dividend date was Friday, May 30th. This is an increase from Bank Hapoalim's previous dividend of $0.27. Bank Hapoalim's dividend payout ratio is 27.09%.

About Bank Hapoalim

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.