Banco de Sabadell (BME:SAB) reported Q2 core revenue of €1.23B and €892M net profit (+10.9% YoY) aided by TSB sale and one‑offs, with loans/deposits up, NPLs 2.47% and CET1 13.11%; it launches a €331M buyback and targets ROTE 14.5% (2026)/16% (2027) with cost and NII improvements.Previous Week Reca…
Strong commercial momentum drove 3% QoQ loan growth and 8.4% higher net profit, with NII and fees both rebounding. Guidance for 2026-2027 is reaffirmed, targeting 14.5% ROTE in 2026 and 16% in 2027, supported by cost discipline, stable asset quality, and continued capital returns.Based on Banco de…
Net profit rose 10.9% year-over-year to €892 million, driven by the TSB sale and efficiency initiatives, with strong capital ratios and improved asset quality. The Spanish and Mexican businesses showed solid loan and fund growth, while non-recurring items and macroeconomic uncertainties influenced…
Net profit rose 10.9% year-over-year to €892 million, driven by the TSB sale and strong loan growth in Spain and Mexico. Asset quality improved, with the NPL ratio down to 2.47% and CET1 at 13.11%. Credit ratings outlooks were upgraded, reflecting robust capital and profitability.Original document…
Strong quarterly profit growth driven by higher NII and fees, improved asset quality, and successful execution of cost and capital initiatives. Guidance for 2026 and 2027 ROTE reaffirmed, with new share buyback and continued focus on efficiency and digital transformation.Original document: Banco de…
Net profit rose 10.9% year-over-year to €892 million, with strong capital ratios and improved credit quality. The sale of TSB generated a significant capital gain and enabled an extraordinary dividend, while efficiency initiatives impacted costs.Original document: Banco de Sabadell SA [SAB] Interim…
Net profit rose to €892 million in H1 2026, or €971 million including TSB, driven by strong credit growth and a capital gain from the TSB sale. CET1 fully-loaded reached 13.11%, with improved asset quality and an extraordinary dividend distributed.Original document: Banco de Sabadell SA [SAB] Inter…
