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Banco de Sabadell SA

SABE.MC

Latest Trade

0.32EUR

Change

-0.00(-0.03%)

Volume

36,646,180

Today's Range

0.31

 - 

0.32

52 Week Range

0.25

 - 

1.11

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

Pricing

Previous Close
0.32
Open
0.32
Volume
36,646,180
3M AVG Volume
1,774.44
Today's High
0.32
Today's Low
0.31
52 Week High
1.11
52 Week Low
0.25
Shares Out (MIL)
5,689.99
Market Cap (MIL)
1,800.07
Forward P/E
25.40
Dividend (Yield %)
6.25

Next Event

Q3 2020 Banco de Sabadell SA Earnings Release

Latest Developments

More

Sabadell Sees "Difficult" to Meet TSB Profit Target Of Between 130-140 Mlns Pounds By 2022

Sabadell Expects Bad Loans To Peak In The Second Or Third Quarter Of 2021

Sabadell Says British Unit TSB Will End 2020 With A Loss

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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

3.33 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2017

5.7K

2018

5.0K

2019

5.1K

2020(E)

4.7K
EPS (EUR)

2017

0.138

2018

0.049

2019

0.130

2020(E)

0.010
Price To Earnings (TTM)
4.62
Price To Sales (TTM)
0.30
Price To Book (MRQ)
0.14
Price To Cash Flow (TTM)
2.04
Total Debt To Equity (MRQ)
191.06
LT Debt To Equity (MRQ)
188.40
Return on Investment (TTM)
--
Return on Equity (TTM)
0.17

Latest News

Latest News

UPDATE 2-Spanish banks Caixabank, Sabadell set aside 1.4 bln euros in provisions

* Cost of risk higher at both banks on worsened economy (Gives breakdown for both lenders, adds shares)

UPDATE 1-Sabadell to close more than 200 branches in Spain -source

Banco Sabadell plans to close 235 branches in Spain this year, around 13% of its network, as it speeds up cost cutting and digital transformation following the COVID-19 pandemic, a source with knowledge of the matter said on Thursday.

BRIEF-Sabadell's CEO Says Does Not Expect The Bank To Book A Loss In 2020

Chief Executive Officer of Sabadell , Jaime Guardiola:

BRIEF-Sabadell Sticks To TSB's Target Of Net Profit By 2022

Chief Executive Officer of Sabadell , Jaime Guardiola:

BRIEF-Sabadell's CFO Sees Cost Of Risk To Cover NPL Provisions Hovering Around 90-95 BP

* SEES COST OF RISK TO COVER NPL PROVISIONS HOVERING AROUND 90 BASIS POINTS TO 95 BPS

Sabadell's net profit shrinks on coronavirus-related provisions

Spain's Banco Sabadell <SABE.MC> said on Thursday its first quarter net profit shrunk by almost two-thirds after it braced for coronavirus-led defaults and suspended its guidance for the full year.

BRIEF-Sabadell Q1 Net Profit Down At 94 Mln Euros YoY

* SAYS IN Q1 BOOKS PROVISIONS OF 213 MILLION EUROS DUE TO COVID-19 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

Sabadell's Q1 net profits falls 64% on coronavirus-related provisions

Spain's Banco Sabadell reported a 64% fall in first-quarter net profit against the same period a year ago due to extraordinary provisions of 213 million euros to cover the potential impact on its books from the COVID-19 disease, the bank said on Thursday.

UPDATE 1-Barclays, Sabadell bosses give up some pay to aid coronavirus relief efforts

* Bank of England wants cash bonuses scrapped (Adds Barclays)

Banco Sabadell's senior management to forego 2020 bonus

Banco Sabadell on Tuesday said its senior management, including executive chairman Josep Oliu and chief executive officer Jaime Guardiola, will forego any bonus for 2020 as part of the bank's effort to help mitigate the impact from the coronavirus crisis.

Spain's Banco Sabadell to sell depositary unit to BNP Paribas for 115 million euros

Spanish bank Banco de Sabadell <SABE.MC> said on Monday it agreed to sell its depositary unit to France's BNP Paribas <BNPP.PA> for 115 million euros ($127.40 million).

BRIEF-Sabadell Changes Venue For General Meeting And Recommends Shareholders Follow Via Live Stream

* CONTINUES TO CALL THE ORDINARY GENERAL MEETING OF SHAREHOLDERS ON DESIGNATED DATES AND CHANGES VENUE

BRIEF-Sabadell Recommends Remote Voting To Its Shareholders Due To Coronavirus

* SAID ON THURSDAY, AFTER REVIEWING THE CIRCUMSTANCES AND THE RECOMMENDATIONS ISSUED BY THE COMPETENT AUTHORITIES IN RELATION TO CORONAVIRUS, IT RESOLVED TO MAINTAIN THE CALL TO THE ORDINARY GENERAL MEETING OF SHAREHOLDERS SCHEDULED FOR MARCH 25 AND MARCH 26

UPDATE 1-Sabadell swings to fourth-quarter loss on higher provisions

* Sabadell's NII falls 2.4% in Q4 y/y (Adds British unit loss, details)

Sabadell swings to fourth-quarter loss on higher provisions

Spain's Banco Sabadell swung to a loss of 15 million euros ($16.6 million) in the fourth quarter from a profit of 80 million a year ago due to higher-than-expected provisions for bad loans, the bank said on Thursday.

UPDATE 1-Spain's Sabadell sells asset management unit to Amundi for 430 mln euros

Spain's Banco de Sabadell has agreed to sell its asset management arm to French asset manager Amundi SA for 430 million euros ($477 million), the companies said on Tuesday.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

Spain's Sabadell sells asset management unit to Amundi for 430 mln euros

Spain's Banco de Sabadell said on Tuesday it had agreed to sell its asset management arm to Amundi Asset Management for 430 million euros ($476.83 million).

Spain's Banco Sabadell hires IBM for 1 billion euro IT upgrade

Spain's Banco Sabadell <SABE.MC> has hired IBM <IBM.N> for a 1 billion euro ($1.11 billion) overhaul of its IT systems over the next ten years, Miguel Montes, the bank's director of operations and people, said on Wednesday.

Spain's Banco Sabadell hires IBM for 1 billion euro IT upgrade

Spain's Banco Sabadell has hired IBM for a 1 billion euro ($1.11 billion) overhaul of its IT systems over the next ten years, the companies said on Wednesday.

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

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