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Banco de Sabadell SA (SABE.MC)

SABE.MC on Madrid SE C.A.T.S.

1.63EUR
16 Oct 2017
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€1.63
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21,731,560
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€1.96
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€1.11

Latest Key Developments (Source: Significant Developments)

Sabadell confirms board meeting to analyse change of headquarters
Thursday, 5 Oct 2017 07:40am EDT 

Oct 5 (Reuters) - BANCO DE SABADELL SA ::SAYS BOARD SHALL MEET TODAY IN AN EXTRAORDINARY MEETING IN ORDER TO ANALYSE THE POSSIBLE RELOCATION OF THE REGISTERED OFFICE.‍​.  Full Article

Banco de Sabadell completes sale of Sabadell United Bank to US Iberiabank
Tuesday, 1 Aug 2017 01:23am EDT 

Aug 1 (Reuters) - BANCO DE SABADELL SA ::SAID ON MONDAY THAT IT HAD COMPLETED THE SALE OF ITS UNIT SABADELL UNITED BANK NA (SUB) UPON THE TRANSFER OF THE SHARES REPRESENTING 100 PERCENT STAKE OF ITS UNIT TO THE US ENTITY IBERIABANK CORPORATION (IBKC).SABADELL HAS RECEIVED FROM IBKC $796.0 MILLION IN CASH AND 2,610,304 IBKC SHARES REPRESENTING 4.87 PERCENT OF ITS SHARE CAPITAL, WITH A VALUE, AS AT CLOSE OF TRADING ON JULY 28, OF $209.0 MILLION.THE ESTIMATED EARNINGS ON THE TRANSACTION, WHICH INCLUDE THE CAPITAL GAIN AND EARNINGS GENERATED BY SUB DURING THE YEAR, IS OF 402 MILLION EUROS.  Full Article

Sabadell H1 net profit up at 450.6 million euros versus year ago
Friday, 28 Jul 2017 01:50am EDT 

July 28 (Reuters) - Banco de Sabadell SA ::H1 NET PROFIT 450.6 MILLION EUROS VERSUS 425.3 MILLION EUROS YEAR AGO.H1 NET INTEREST INCOME 1.94 BILLION EUROS VERSUS 1.94 BILLION EUROS YEAR AGO.NON-PERFORMING LOANS RATIO 5.49 PERCENT AT END-JUNE.PHASE-IN CET 1 CAPITAL RATIO 12.7 PERCENT AT END-JUNE.FULLY LOADED CORE TIER 1 CAPITAL RATIO 12.1 PERCENT AT END-JUNE.  Full Article

Banco Sabadell reaffirms 2017 net profit target of 800 mln euros
Friday, 28 Apr 2017 07:03am EDT 

April 28 (Reuters) - Spain's Banco Sabadell CEO Jaime Guardiola: :Reaffirms net profit target of 800 million euros ($875 million) for 2017.  Full Article

Spain's Sabadell maintains 1 pct NII forecast for 2017
Friday, 28 Apr 2017 03:56am EDT 

April 28 (Reuters) - Banco De Sabadell Sa Chief Financial Officer Tomas Varela says on a conference call::"NII (net interest income) is tracking well, the guidance remains as an increase of 1 pct for the year at group level.".  Full Article

Banco de Sabadell sells 5 pct of Fluidra at 4.75 eur/shr
Thursday, 2 Mar 2017 01:00pm EST 

Fidentiis Equities Sociedad de Valores SA: Says Fidentiis and Banco de Sabadell SA have closed placement of 5 percent of Fluidra SA at 4.75 euros ($4.99) per share, which represents a discount of 7.86 percent versus closing price of the session .Bansabadell Inversio Desenvolupament SAU, a wholly owned unit of Banco de Sabadell, has completely divested its stake in Fluidra.  Full Article

Banco de Sabadell places 5 pct stake of Fluidra
Thursday, 2 Mar 2017 11:37am EST 

Fidentiis Equities Sociedad de Valores SA: Says Fidentiis and Banco de Sabadell SA are placing a stake of 5 percent of Fluidra SA in accelerated bookbuilding offer .Share placement under mandate from Bansabadell Inversio Desenvolupament SAU, a unit of Banco de Sabadell.  Full Article

Spain's Banco Sabadell sees ROE of over 10 pct by 2020
Friday, 27 Jan 2017 04:10am EST 

Spain's Banco Sabadell :Says it expects to Return on Equity (ROE) of over 10 percent by 2020 compared to 5.84 percent at end 2016.  Full Article

Spain's Sabadell will announce strategic 2018-2020 plan on Feb. 7
Friday, 27 Jan 2017 02:00am EST 

Spain's Sabadell : Says will give strategic update on Feb. 7 . Says new strategic plan will cover 2018-2020 period .Says is aiming to reduce toxic assets by 2 billion euros ($2.13 billion) in 2017.  Full Article

Spain's Banco Sabadell to announce strategic plan in Feb 2017
Friday, 22 Jul 2016 05:28am EDT 

Banco de Sabadell SA CEO Jaume Guardiola:Says expects to announce new strategic plan in February 2017.  Full Article

BRIEF-GFT Technologies concludes major contract in Spain

* CONCLUDES MAJOR CONTRACT WITH SABIS, THE IT COMPANY OF BANCO SABADELL​