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

Spain flag Spain · Delayed Price · Currency is EUR
1.850
-0.018 (-0.96%)
Sep 4, 2024, 3:23 PM CET
72.85%
Market Cap 10.01B
Revenue (ttm) 5.31B
Net Income (ttm) 1.45B
Shares Out 5.36B
EPS (ttm) 0.27
PE Ratio 6.85
Forward PE 6.77
Dividend 0.08 (4.28%)
Ex-Dividend Date Sep 27, 2024
Volume 7,952,275
Open 1.821
Previous Close 1.868
Day's Range 1.817 - 1.857
52-Week Range 1.013 - 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 19,015
Stock Exchange Madrid Stock Exchange
Ticker Symbol SAB
Full Company Profile

Financial Performance

In 2023, ACS's revenue was 35.74 billion, an increase of 6.32% compared to the previous year's 33.62 billion. Earnings were 780.12 million, an increase of 16.75%.

Financial Statements

News

BBVA secures Britain approval for acquisition of Sabadell's unit TSB

Britain's Prudential Regulation Authority has given a green light to BBVA to take indirect control of TSB, the British unit of Spain's Sabadell , BBVA said on Tuesday.

1 day ago - Reuters

BBVA CEO says bank's takeover bid for Sabadell is an 'extraordinary offer'

Onur Genç, CEO of BBVA, discusses the Spanish bank's takeover offer to buy rival Banco Sabadell.

5 weeks ago - CNBC International TV

Sabadell CEO plays down 'white knight' prospect to stop BBVA bid

Banco Sabadell is unlikely to get a competing takeover offer to scupper a hostile bid from rival BBVA because other banks would also face competition concerns, Sabadell's CEO Cesar Gonzalez-Bueno said...

5 weeks ago - Reuters

'Very solid set of results' in first half, Banco Sabadell CFO says

Leopoldo Alvear, CFO at Banco Sabadell, discusses the Spanish lender's latest earnings report.

5 weeks ago - CNBC International TV

Sabadell's Q2 net profit up 35% on higher NII, raises payout to shareholders

Spain's Sabadell on Tuesday said its second-quarter net profit rose 34.5% from the same period in 2023 thanks to rising lending income while it tries to fend off a hostile takeover bid from rival BBVA...

6 weeks ago - Reuters

BBVA's Chairman tells shareholders bid for Sabadell will be successful

BBVA's Chair Carlos Torres on Friday told its shareholders that he was fully confident of the success of its 12-billion-euro takeover for smaller rival Sabadell.

2 months ago - Reuters

BBVA has 'no need' to add cash to sweeten Sabadell offer, chairman says

BBVA's chairman said on Friday the bank had "no need" to improve its hostile bid for Sabadell , and when asked repeatedly to rule out the option of adding cash said it was not his intention to do so.

2 months ago - Reuters

In Full: BBVA's Torres on Sabadell Bid, Cost Synergies, Spain and Mexico Growth

BBVA Chairman Carlos Torres discusses the lender's hostile bid for Banco Sabadell, the potential for cost savings and the outlook for growth. The takeover offer "has always been extremely friendly" an...

2 months ago - Bloomberg Markets and Finance

BBVA Chairman Says He Has No Intention of Sweetening Sabadell Offer

BBVA Chairman Carlos Torres discusses the firm's €10 billion ($10.7 billion) hostile bid for Banco Sabadell as he races to persuade stakeholders of the merits of a deal that would create a giant with ...

2 months ago - Bloomberg Markets and Finance

Spanish government could set more conditions in review of BBVA bid for Sabadell

The head of Spain's anti-trust watchdog, Cani Fernandez, said on Tuesday that the Spanish government could set additional conditions in its review of the 12.28-billion-euro ($13.16 billion) takeover b...

2 months ago - Reuters

BBVA Chairman pledges to maintain Sabadell's strong position in SMES

The Chairman of Spanish lender BBVA Carlos Torres on Monday said that one of the reasons behind its takeover bid of Sabadell was the smaller lender's significant market share in lending towards small ...

2 months ago - Reuters

Exclusive: Sabadell pauses closing of Nexi deal following BBVA bid, sources say

Spain's Sabadell has postponed the completion of the sale of its retailers' payments business to Nexi after becoming the target of a hostile takeover by BBVA , two sources with knowledge of the matter...

2 months ago - Reuters

Spanish supervisor starts processing BBVA's application for $13 bln Sabadell deal

The Spanish stock market supervisor said on Tuesday it had admitted BBVA's application for authorising its 12.28 billion euro ($13.19 billion) hostile takeover bid for Sabadell , a potential tie-up th...

3 months ago - Reuters

Spain's BBVA seeks ECB go-ahead for Sabadell hostile bid, source says

Spain's BBVA asked the European Central Bank on Tuesday to authorize its more than 12 billion euro ($13 billion) hostile bid for Sabadell , a source close to BBVA said.

3 months ago - Reuters

BBVA sets July 5 for vote on share issue to fund Sabadell bid

Spanish bank BBVA's shareholders will vote on July 5 on whether to approve a share issue to fund its 12 billion euro ($13 billion) hostile takeover bid for smaller rival Banco Sabadell.

3 months ago - Reuters

Sabadell CEO rules out M&A defence against BBVA bid

Spain's Sabadell is not planning to try and buy a competitor as part of a potential defence strategy against rival BBVA's hostile takeover attempt, Chief Executive Officer Cesar Gonzalez-Bueno told Re...

3 months ago - Reuters

Sabadell tells shareholders that BBVA bid process may last until 2025

Spanish lender Sabadell has kicked off the process of trying to persuade retail shareholders not to back BBVA's 12.23 billion euro ($13.3 billion) hostile takeover attempt, telling them they may have ...

3 months ago - Reuters

Spanish bank BBVA seeks authorisation of hostile takeover bid for Sabadell

Spanish bank BBVA on Friday asked stock market supervisor CNMV to authorise its 12.23-billion-euro ($13.29 billion) hostile takeover offer for smaller rival Sabadell , a potential tie-up of lenders th...

3 months ago - Reuters

Sabadell rejected BBVA bid over capital ratio impact, CEO says

The board of Spanish bank Sabadell rejected BBVA's takeover proposal as the impact on the capital ratio of the combined entity was likely to be higher than estimated by BBVA, CEO Cesar Gonzalez-Bueno ...

3 months ago - Reuters

Sabadell suspends buybacks after BBVA takeover approach

Banco de Sabadell is temporarily suspending its share buyback program at the Spanish market regulator's request following Banco Bilbao Vizcaya Argentaria's hostile takeover approach.

4 months ago - Market Watch

Sabadell Says BBVA Breaching Law With $12 Billion Offer

Sabadell accused BBVA of breaching Spanish laws governing tender offers with its hostile takeover bid. On Thursday, BBVA took an €11.5 billion ($12.4 billion) bid for Sabadell directly to shareholders...

4 months ago - Bloomberg Markets and Finance

BBVA Makes $12 Billion Hostile Bid for Sabadell

BBVA made an €11.5 billion ($12.4 billion) hostile bid for Sabadell, days after an initial approach was rejected by the smaller rival's board. The Spanish government opposes the deal.

4 months ago - Bloomberg Markets and Finance

Spanish government opposes BBVA's $13 bln Sabadell bid

Spain's government opposes BBVA's hostile takeover bid for its smaller rival Sabadell , its Economy Minister Carlos Cuerpo said on Thursday.

4 months ago - Reuters

BBVA Makes Hostile Bid for Sabadell

The Spanish lender's all-share offer values its smaller rival at around $12 billion and comes after an initial approach on the same terms was rejected.

4 months ago - WSJ

Spain's BBVA announces takeover offer for Sabadell on same terms

Spain's BBVA on Thursday presented a takeover offer to buy its smaller rival Sabadell under the same terms announced last week.

4 months ago - Reuters