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Daily Thursday, 14 May 2026

[59651] Bank Hapoalim presents huge profits in the first quarter of 2026 alongside employee strike

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Profits in the shadow of drama: Bank Hapoalim reports financial results alongside organizational measures

Bank Hapoalim published today, May 14, 2026, its financial reports for the first quarter of the year, indicating strong financial performance. According to the report by News Line, the bank presented a net profit of approximately 2.1 billion NIS and a return on equity of 13.0%.

Despite the positive data, the publication of the reports is accompanied by an organizational upheaval. As reported in News Line, "The Bank Hapoalim workers' committee is shutting down the company's activity in protest against cuts." This move indicates growing tension between the management and the workers' representation at the bank.

The website Ice: Economy and Media News also addressed the publication, noting that the bank "reveals: a profit of billions in the shadow of huge drama" (link to the news item). While economic sources are focusing on the financial results, it appears that the strike constitutes the immediate center of uncertainty for the bank's customers.

daily-hebrew-en id:59732 generated 14 May, 12:22 gemini-3.1-flash-lite-preview translated from Hebrew #59651