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Banco de Sabadell SA

SABE.MC

Latest Trade

0.59EUR

Change

-0.04(-6.09%)

Volume

46,218,426

Today's Range

0.58

 - 

0.61

52 Week Range

0.33

 - 

0.74

As of on the Mercado Continuo Espana ∙ Minimum 15 minute delay

Pricing

Previous Close
0.63
Open
0.60
Volume
46,218,426
3M AVG Volume
527.37
Today's High
0.61
Today's Low
0.58
52 Week High
0.74
52 Week Low
0.33
Shares Out (MIL)
5,699.10
Market Cap (MIL)
3,314.28
Forward P/E
10.83
Dividend (Yield %)
--

Next Event

Q4 2021 Banco de Sabadell SA Earnings Release

Latest Developments

More

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BBVA's Chairman Says We Will Not Engage In M&A Activity Just To Rebalance Our Portfolio

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About Banco de Sabadell SA

Banco de Sabadell SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank's activities are divided into four segments: Banking in Spain, Asset transformation, Banking in the United Kingdom (UK) and Banking in America. The Banking in Spain division includes commercial banking products, such as mortgage loans, deposit accounts, insurance policies and mutual funds; corporate banking products, such as customized financing and treasury, as well as markets and private banking investment. The Asset transformation division focuses on real estate operations and management. The Banking in UK division includes TSB Banking Group PLC that offers current and savings accounts, personal loans, credit cards and mortgages. The Banking in America division provides retail and commercial banking services, as well as solutions for corporate customers, such as project finance operations. The Bank operates through numerous subsidiaries.

Industry

Regional Banks

Contact Info

Avenida Oscar Espla, 37

ALICANTE, ALI

03007

Spain

+34.963.085000

https://www.bancsabadell.com/

Executive Leadership

Jose Oliu Creus

Executive Chairman of the Board

Jaime Guardiola Romojaro

Chief Executive Officer, Executive Director

Javier Echenique Landiribar

Independent Vice Chairman of the Board

Tomas Varela Muina

Chief Financial Officer, General Manager

David Vegara Figueras

Chief Risk Officer, Executive Director

Key Stats

3.27 mean rating - 22 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

5.0K

2019

5.1K

2020

4.7K

2021(E)

5.0K
EPS (EUR)

2018

0.049

2019

0.130

2020

0.000

2021(E)

0.054
Price To Earnings (TTM)
26.63
Price To Sales (TTM)
0.50
Price To Book (MRQ)
0.26
Price To Cash Flow (TTM)
4.71
Total Debt To Equity (MRQ)
169.73
LT Debt To Equity (MRQ)
169.73
Return on Investment (TTM)
--
Return on Equity (TTM)
0.07

Latest News

Latest News

Sabadell says no plans to sell TSB for now, as Q3 beats forecast

Spain's Banco Sabadell has no plans to sell TSB for now after recently rejecting an unsolicited offer from Co-op Bank, it said on Thursday, as the British unit helped the group beat third-quarter net profit forecasts.

BRIEF-Santander's CEO Says Is Not Interested In M&A, Asked About Sabadell's TSB

Chief Executive Officer Of Spain's Santander, Jose Antonio Alvarez:

Britain's Co-op bank confirms TSB approach

Britain's Co-operative Bank confirmed on Monday that it expressed interest in potentially buying TSB from Spanish lender Banco de Sabadell.

UPDATE 2-Spain's Sabadell rejects offer from Co-op bank for its British unit TSB

Spain's Sabadell said on Saturday its board has rejected an offer from Co-operative Bank for its British subsidiary TSB, after Sky News first reported about the approach.

Spanish bank Sabadell reaches deal with union to cut jobs

Spanish bank Sabadell has reached a deal on Friday with a leading union to lay off up to 1,605 employees in its home market, fewer than the more than 1,900 initially planned.

Union calls off strike at Sabadell after offer to reduce job cuts

Span's leading union Comisiones Obreras called off a one-day strike planned for Friday after lender Sabadell offered to reduce layoffs from its initial plan by almost 500 employees to 1,440, the union said in statement on Thursday.

Sabadell offers to reduce layoffs by 200 to 1,730

Spain's Banco Sabadell has offered to reduce its proposed job cuts by around 200 employees to 1,730, the Comisiones Obreras (CCOO) union said on Thursday in a statement.

UPDATE 2-Sabadell to cut Spanish branch network by a fifth

* 320 branches to be closed make up one-fifth of Sabadell's total

Spain's Sabadell to downsize by 496 number of branches in Spain

Spain's Sabadell will reduce by 496 the number of branches in its home market, two sources with knowledge of the negotiations said on Tuesday, as part of its plans to slash costs and boost profitability.

UPDATE 2-Sabadell seeks to cut 13% of workforce in Spain -union

* Bank aims for deal with unions in October, source says (Adds details on layoffs, restructuring plan)

Spain's Sabadell plans to cut 1,900 jobs in Spain, union says

Spain's Sabadell is planning to cut around 1,900 jobs in its home market, the union Comisiones Obreras (CCOO) said on Thursday, as a part of the bank's plans to slash costs and boost profitability.

Spain's Sabadell kicks off new round of layoffs in Spain - union and memo

Spain's Sabadell on Monday told its employees it will engage in a new round of layoffs in Spain, according to an internal memo from the bank and a statement from the Spanish union Comisiones Obreras.

UPDATE 3-Sabadell Q2 net profit beats forecasts on higher lending and UK unit TSB

* Sabadell says it is on track to deliver strategic plan (Adds comments from Sabadell's CEO, analysts, shares)

UPDATE 1-Spanish banks consider exiting capital of bad bank Sareb

Spanish banks are considering exiting the capital structure of Spain's bad bank, Sabadell's chief executive said on Wednesday, as Sareb reconsiders its role given the sustained losses it has booked in recent years.

Spanish banks are considering exiting capital of bad bank, Sabadell CEO says

Spanish banks are considering exiting the capital structure of Spain's bad bank Sareb, Sabadell CEO Cesar Gonzalez-Bueno said on Wednesday.

UPDATE 1-Sabadell's CEO may seek to sell UK unit TSB but not yet

Banco Sabadell is open to selling its British unit TSB at some point as buying it was a strategically bad decision, the Spanish bank's Chief Executive Officer Cesar Gonzalez-Bueno said on Monday.

CEO of Sabadell says is open to sell British unit TSB in the long run

Spain's Banco Sabadell is open to sell its British unit TSB in the long run, though has no plans to carry out a transaction in the short-term, the Spanish bank's Chief Executive Officer, Cesar Gonzalez-Bueno, said on Monday.

Spain's Sabadell in talks to sell Andorran business to MoraBanc

Spain's Banco Sabadell said on Monday it had entered talks to analyse a sale of its Andorra business to Andorran lender MoraBanc.

UPDATE 3-BBVA, Sabadell show signs of recovery from pandemic stresses

* BBVA NII drops 14% pressured by low interest rates and Turkey

Sabadell Q1 net profit beats forecasts as UK unit TSB returns to profit

Spain's Banco Sabadell said on Friday its British unit TSB swung back to a profit in the first quarter after speeding up a cost-cutting plan, however the group's bottom line fell 22% as lending income remained under pressure.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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