Stark Power signs USD 85 million deal: what it means for Bank Hapoalim stock

Published on 10/08/2026 at 14:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank Hapoalim stock was ILS 7,537 on October 7, 2026, down 1.82 percent. The TASE range was ILS 6,160 to ILS 8,498 for the year.

Bank Hapoalim B.M, IL0006625771, Illustration mit AI erstellt.

Stark Power signed a USD 85 million financing agreement with Bank Hapoalim to support acquisitions of operating utility-scale power assets and initial project construction in the United States, according to Simply Wall St. The agreement places Bank Hapoalim's international project-finance activity alongside the bank's larger domestic retail and corporate franchises.

Three dated milestones

On May 14, 2026, Bank Hapoalim reported its first quarter results, a reporting milestone identified in the bank's event history by 6ix. On August 11, 2026, the bank announced its second quarter results through its investor-relations channel, according to Bank Hapoalim. On August 19, 2026, the bank's dividend went ex-date at ILS 0.7607666 per security, a distribution detail listed by Simply Wall St.

What does the financing add?

The USD 85 million facility connects Bank Hapoalim with utility-scale power projects in the United States, extending the bank's financing role beyond ordinary deposits and lending. The transaction also gives the bank exposure to acquisition funding and construction finance, two activities that can generate fee income while requiring disciplined credit assessment.

Bank Hapoalim's business spans households, private banking, small businesses, large companies and financial markets. Its profile includes account services, mortgages, working-capital facilities, guarantees, foreign trade, securities trading and investment advice.

When is the next report?

The next earnings report is scheduled for November 16, 2026, according to Investing.com. That date gives investors a defined checkpoint for assessing whether international project finance is adding measurable momentum to the bank's reported results.

Stock stays below its yearly high

Bank Hapoalim stock stood at ILS 7,537 on the Tel Aviv Stock Exchange on October 7, 2026, after a 1.82 percent fall. Its 52-week range was ILS 6,160 to ILS 8,498, placing the quoted level ILS 961 below the yearly high.