Banco de Sabadell, S.A. (BME: SAB)

Spain flag Spain · Delayed Price · Currency is EUR
1.818
-0.015 (-0.82%)
Nov 21, 2024, 11:11 AM CET
38.78%
Market Cap 9.90B
Revenue (ttm) 5.43B
Net Income (ttm) 1.48B
Shares Out 5.40B
EPS (ttm) 0.28
PE Ratio 6.61
Forward PE 6.57
Dividend 0.08 (4.38%)
Ex-Dividend Date Sep 27, 2024
Volume 2,224,507
Open 1.840
Previous Close 1.833
Day's Range 1.807 - 1.848
52-Week Range 1.085 - 2.050
Beta 1.03
Analysts n/a
Price Target n/a
Earnings Date Oct 23, 2024

About Banco de Sabadell

Banco de Sabadell, S.A. provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services. In addition, the company offers corporate banking services, inc... [Read more]

Sector Financials
Founded 1881
Employees 19,148
Stock Exchange Madrid Stock Exchange
Ticker Symbol SAB
Full Company Profile

Financial Performance

In 2023, Banco de Sabadell's revenue was 4.99 billion, an increase of 14.80% compared to the previous year's 4.34 billion. Earnings were 1.22 billion, an increase of 56.20%.

Financial Statements

News

BBVA proposes new measures to competition watchdog to clinch green light for Sabadell bid

Spanish bank BBVA on Wednesday committed to taking a series of measures to try to secure a green light from antitrust regulator CNMC for its proposed hostile takeover of smaller rival Banco Sabadell.

18 hours ago - Reuters

BBVA Could Walk Away From Sabadell Deal if Harsh Remedies Are Imposed, CEO Says

The lender said it is prepared to abandon the takeover bid for its rival if conditions imposed by Spain’s competition authority diminish the deal’s value.

8 days ago - The Wall Street Journal

BBVA Could Walk Away From Sabadell Deal if Harsh Remedies Are Imposed, CEO Says

The lender said it is prepared to abandon the takeover bid for its rival if conditions imposed by Spain's competition authority diminish the deal's value.

8 days ago - WSJ

BBVA Could Drop Sabadell Bid on Harsh Conditions, CEO Genc Says

BBVA Chief Executive Officer Onur Genc said he’s prepared to abandon the pursuit of rival Banco Sabadell if stringent regulatory conditions were to spoil the deal’s appeal.

8 days ago - BNN Bloomberg

BBVA aims for approval of Sabadell deal 'in a few months', CEO says

Spain's BBVA remains committed to cooperating with the competition authority CNMC to secure approval for the lender's takeover of Sabadell "in a few months", Chief Executive Officer Onur Genc said on ...

8 days ago - Reuters

BBVA bid for Sabadell dealt blow by antitrust watchdog

Spain’s CNMC will submit €11bn hostile takeover to a more rigorous ‘phase 2’ review

8 days ago - Financial Times

BBVA's Sabadell bid mired in concerns over competition and Mexico

BBVA's long pursuit of Sabadell is becoming even longer, with Spanish regulators launching an in-depth review of its bid, which fell further in value after Donald Trump's U.S. election victory fuelled...

8 days ago - Reuters

Spain's antitrust body says BBVA-Sabadell deal requires longer review

BBVA's hostile takeover bid for smaller rival Sabadell will require a phase 2 review, Spain's anti-trust watchdog CNMC said in a statement on Tuesday.

8 days ago - Reuters

BBVA’s Sabadell Bid Faces Months Of Extra Competition Review

Spain’s competition watchdog is likely to announce it needs more time for a final decision on BBVA’s proposed takeover of Banco Sabadell, which would extend the current takeover battle by several mont...

13 days ago - BNN Bloomberg

BBVA submits remedies as seeks to ease Sabadell competition concerns

BBVA has submitted possible remedies to competition authorities in order to ease concerns and avoid a longer review of its proposed 12 billion euro ($13 billion) takeover of Sabadell , the Spanish ban...

20 days ago - Reuters

Banco de Sabadell, S.A. reports Q3 results

21 days ago - Seeking Alpha

BBVA, Sabadell Clash on Competition as Spain Deal Verdict Nears

BBVA SA and Banco Sabadell SA clashed over whether the proposed takeover of the smaller lender will hurt the provision of banking services in Spain, just weeks before the country’s competition authori...

21 days ago - BNN Bloomberg

Societe Generale Taps Sabadell's Alvear as New CFO

The French bank outlined several management changes as it reported a sharp rise in net profit for the third quarter, helped by higher banking income.

21 days ago - WSJ

Sabadell's Q3 net profit rises 8% from same period in 2023

Spain's Sabadell on Thurday said its third-quarter net profit rose 8% from the same period in 2023 thanks to lower loan loss provisions at a moment when it tries to fend off a hostile takeover bid fro...

21 days ago - Reuters

Sabadell Beats on Profit Amid Push to Avert BBVA Takeover

Banco Sabadell SA’s profit beat estimates in the third quarter, providing tailwind as the lender seeks to avoid a takeover by rival BBVA SA.

21 days ago - BNN Bloomberg

Spain's CNMC to say in few weeks whether to review BBVA's bid for Sabadell in phase 2

Spain's anti-trust watchdog CNMC said on Wednesday it would decide around mid-November whether BBVA's takeover bid for smaller rival Sabadell will be reviewed in phase 1 or phase 2 of its evaluation p...

22 days ago - Reuters

Spain's anti-trust watchdog continues analysis of BBVA's takeover bid for Sabadell

Spain's anti-trust watchdog CNMC on Monday said it continued analysing potential competition issues of BBVA's hostile takeover bid for smaller rival Sabadell which it said was still reviewed under pha...

23 days ago - Reuters

GQG Partners sells BBVA stake over Sabadell hostile bid, FT reports

GQG Partners, one of Spanish bank BBVA's biggest shareholders, has sold its stake over the bank's decision to pursue a hostile bid for domestic rival Banco Sabadell , the Financial Times reported on S...

4 weeks ago - Reuters

BBVA sees an additional 8 bps impact on capital after adjusted offer for Sabadell

Spanish bank BBVA raised the impact on its capital ratio to 38 basis points after it adjusted the hostile takeover offer for its smaller rival Sabadell , it said in a regulatory filing to the U.S. Sec...

5 weeks ago - Reuters

Banking deals can make banks too big and hurt consumers, Sabadell chair says

Sabadell is trying to fend off an around 12 billion euro ($13.09 billion) hostile takeover by rival BBVA that the Spanish government has opposed

5 weeks ago - Zawya

Banking deals can make banks too big and hurt consumers, Sabadell chair says

Banking consolidation is not always the best way to create shareholder value and can lead to oligopolies that are bad for clients, Chair of Spain's Sabadell Josep Oliu said on Monday.

5 weeks ago - Reuters

BBVA bid for Sabadell could last until Q1 2025 if in depth-review required-Economy minister

Spain's Economy minister Carlos Cuerpo said on Friday it was too early to say if the competition authorities would review BBVA's takeover bid for Sabadell in phase 1 or would require a more in-depth p...

5 weeks ago - Reuters