Bank Hapoalim B.M. (BKHYY) Q2 2026 Earnings Call Transcript

SA Transcripts 161.74K Followers Follow Bank Hapoalim B.M. ( BKHYY ) Q2 2026 Earnings Call August 11, 2026 10:00 AM EDT Company Participants Ram Gev - Senior Deputy MD. CFO & Member of Management Board Victor Bahar - Chief Economist Presentation Operator Ladies and gentlemen, thank you for standing by. Welcome to the Bank Hapoalim Second Quarter 2026 Results Conference Call Webinar. For your convenience, this call will be accompanied by a presentation. May we suggest if you have not yet done so, that you access the presentation on the bank's website, www.bankhapoalim.com by clicking on Financial Information on the homepage and then click on the Second Quarter 2026 Report Presentation. [Operator Instructions] As a reminder, this conference is being recorded August 11, 2026. With us on the line today are Mr. Ram Gev, CFO; and Ms. Tamar Koblenz, Head of Investor Relations. I would like to remind everyone that forward-looking statements for the respective company's business, financial condition and results of its operations are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. Such forward-looking statements include, but are not limited to, product demand, pricing, market acceptance, changing economic conditions, risk in product and technology development and the effect of the company's accounting policies as well as certain other risk factors, which are detailed from time to time in the company's filings with the various securities authorities. Mr. Gev, would you like to begin? Ram Gev Senior Deputy MD. CFO & Member of Management Board Good afternoon to you all, and thank you for joining us today. I'm pleased to review the bank's 2026 second quarter and first half results. Let's start with the highlights on Slide 3. We delivered an excellent second quarter, generating a return on equity of 15% or approximately 16.4% without the special bank tax impact. This brought our first half return on