Banco de Sabadell SA (SABE.MC)
22 May 2013
|Market Cap (Mil.):||€4,587.31|
|Shares Outstanding (Mil.):||2,959.55|
Update-Moody's upgrades 2 notes and confirms 4 notes in 2 Spanish SME ABS backed by Banco Sabadell-Originated Loans
IM Sabadell Empresas 1, FTA (Sabadell 1) & IM Sabadell Empresas 3, FTA (Sabadell 3)
MADRID, May 3 - Sabadell said on Friday it was taking full control of life insurer Mediterraneo Vida by buying a stake from Dutch firm Aegon, as banking reforms put an end to once-popular insurance joint ventures in Spain.
LONDON - Lloyds has taken a 250 million pound ($387.28 million) loss on a sale of its unprofitable Spanish banking business to Banco Sabadell , a deal that will help bolster the British bank's capital.
* Losses in Spain add to hefty losses in Ireland, Australia
MADRID, April 29 - Spain's fifth largest bank Sabadell said on Monday it had agreed to take on British bank Lloyds' Spanish retail banking business in exchange for 537,409 of its own shares worth 84 million euros ($109 million).
LONDON, April 29 - British bank Lloyds on Monday said it had agreed to sell its Spanish retail banking business to Banco Sabadell in exchange for a 1.8 percent stake in the Spanish bank.
MADRID, April 29 - British bank Lloyds has agreed to sell its Spanish banking business to Banco Sabadell in exchange for a stake in the Spanish bank of between 1.5 and 2.0 percent, newspaper Expansion reported citing unnamed sector sources.
MADRID, April 25 - Spain's fifth-biggest bank, Banco de Sabadell SA, beat analyst expectations on Thursday as it posted a first-quarter net profit of 51 million euros ($66.4 million), boosted by trading gains and a drop in operating expenses.
MADRID - Three of Spain's healthier lenders, including top player Santander , are expected to show the scars from a tough economy when they report first-quarter earnings on Thursday.
* Santander, Caixabank, Sabadell posting Q1 results Thursday
Earnings vs. Estimates
Analyst Research Reports
Banco de Sabadell - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
Provider: Finlabo SIM Spa
Banco de Sabadell SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents
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