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Bank Hapoalim Hits Record Profit Amid Labor Disputes

3/6/2026

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Story summary
  • Bank Hapoalim posted a record net profit of NIS 9.8 billion ($3.14 billion) for 2025, up 30% from 2024.
  • The bank attributed the results to stronger core activities and one-time items, including tax income from the liquidation of its Switzerland subsidiary, with ROE at 15.9% and the credit portfolio up 13.4%.
  • The workers' union criticized the profits amid ongoing labor disputes, saying employee contributions were vital to these results.