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

Spain flag Spain · Delayed Price · Currency is EUR
2.139
+0.037 (1.76%)
Jan 20, 2025, 5:42 PM CET
86.00%
Market Cap 11.56B
Revenue (ttm) 5.43B
Net Income (ttm) 1.48B
Shares Out 5.40B
EPS (ttm) 0.28
PE Ratio 7.71
Forward PE 7.43
Dividend 0.08 (3.81%)
Ex-Dividend Date Sep 27, 2024
Volume 15,754,840
Average Volume 12,384,077
Open 2.120
Previous Close 2.102
Day's Range 2.095 - 2.156
52-Week Range 1.105 - 2.156
Beta 1.02
RSI 79.60
Earnings Date Jan 31, 2025

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 reduces minimum acceptance condition in Sabadell bid

Spanish bank BBVA has changed its tender bid for the smaller rival Sabadell by reducing the minimum acceptance condition from its previous offer, the lender said on Thursday.

11 days ago - Reuters

BBVA secures approval for acquisition of Sabadell's Mexican units

Mexico's competition authority Cofece has given BBVA the green light to take indirect control of the stakes that Sabadell holds in several units in Mexico, BBVA said on Monday.

4 weeks ago - Reuters

Spain's CNMV will wait for antitrust review to decide on BBVA-Sabadell deal

Spain's stock market supervisor CNMV will wait for the outcome of the competition watchdog's review of BBVA's hostile bid for Sabadell before deciding on the potential authorisation of the takeover pr...

6 weeks ago - Reuters

Private equity group Cerberus ordered to pay Sabadell €400mn

London judge found in favour of Spanish bank in dispute over soured property deal

6 weeks ago - Financial Times

Sabadell Wins €358 Million in UK Cerberus Property Dispute

Banco Sabadell SA won a lawsuit against Cerberus Capital Management LP over a deal struck linked to Spanish real estate assets, winning a €358 million ($376.5 million) award from a London judge.

6 weeks ago - BNN Bloomberg

Sabadell wins $425.1 mln in UK lawsuit against Cerberus over property deal

Sabadell on Wednesday won a London lawsuit against Cerberus Capital Management over a property deal, being awarded just over 405 million euros ($425.1 million) including interest.

6 weeks ago - Reuters

TSB appoints Marc Armengol as new CEO amid uncertainty over bank’s future

Armengol to replace Robin Bulloch in 2025 but owner Sabadell faces $13bn hostile takeover bid by BBVA TSB has appointed the former executive Marc Armengol as its new chief executive as the bank faces ...

7 weeks ago - The Guardian

Sabadell picks Marc Armengol to replace Robin Bulloch as TSB's CEO

Marc Armengol will succeed Robin Bulloch as Chief Executive Officer of Britain's TSB bank at the beginning of 2025, its Spanish owner Banco Sabadell SABE.MC said on Friday.

7 weeks ago - Reuters

BBVA says EU wraps up Sabadell bid subsidies review without objections

BBVA said on Tuesday that the European Commission had not raised any objections to its bid for Spanish rival Sabadell after completing its foreign subsidies review.

7 weeks ago - Reuters

Sabadell sees impact from floods in Spain manageable but will book provisions

Spain's Sabadell will set aside tens of millions of euros in provisions to cope with the impact from last month's deadly floods in eastern Spain, its chief financial officer Sergio Palavecino said on ...

2 months ago - Reuters

BBVA-Sabadell merger: Can new commitments ease antitrust fears?

BBVA has pledged key measures, including branch retention and SME credit guarantees, to ease antitrust concerns over its merger with Sabadell. While regulators cite risks to competition and rural acce...

2 months ago - Euronews

BBVA Vows to Preserve Bank Access to Ease Sabadell Bid Doubts

BBVA said on Wednesday it’s committed to protect access to banking services in an effort to convince authorities that its potential takeover of rival Banco Sabadell SA wouldn’t create competition issu...

2 months ago - BNN Bloomberg

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.

2 months 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.

2 months 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.

2 months 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.

2 months 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 ...

2 months 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

2 months 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...

2 months 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.

2 months 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...

2 months 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...

2 months ago - Reuters

Banco de Sabadell, S.A. reports Q3 results

2 months ago - Seeking Alpha