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Banco de Sabadell SA (SABE.MC)

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

1.64EUR
23 Nov 2017
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22,572,579
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€1.14

Latest Key Developments (Source: Significant Developments)

Banco Sabadell took liquidity from ECB in 1st week October
Friday, 27 Oct 2017 06:39am EDT 

Oct 27 (Reuters) - Spain's Banco Sabadell ::Says the lender took liquidity from the European Central Bank during the first week of October.Says banking activity came to a halt in the first week of October while the second week was still affected by uncertainty in Catalonia.  Full Article

Banco Sabadell says deposit outflow after Catalonia vote has reversed
Friday, 27 Oct 2017 06:33am EDT 

Oct 27 (Reuters) - Spain's Banco Sabadell ::Says bank registered deposit outflows following Oct.1 independence referendum in Catalonia though, since then, the situation has been reversed.  Full Article

Sabadell 9-month net profit up 1 pct YoY
Friday, 27 Oct 2017 01:13am EDT 

Oct 27 (Reuters) - BANCO DE SABADELL ::9-MONTH NET INTEREST INCOME 2.88 BILLION EUROS VERSUS 2.89 BILLION EUROS YEAR AGO.9-MONTH NET PROFIT 654 MILLION EUROS VERSUS 647 MILLION EUROS YEAR AGO.COMMON EQUITY TIER 1 13.2 PERCENT AT END-SEPT VERSUS 12.1 PERCENT AT END-SEPT 2016.Q3 NET PROFIT 203.2 MILLION EUROS VERSUS 221.6 MILLION EUROS YEAR AGO.RETURN ON TANGIBLE EQUITY (ROTE) 7.20 PERCENT AT END-SEPT.Q3 NET INTEREST INCOME 940.9 MILLION EUROS VERSUS 948.4 MILLION EUROS YEAR AGO.NON-PERFORMING LOANS RATIO 5.40 PERCENT AT END-SEPT VERSUS 6.60 PERCENT AT END-SEPT 2016.SAYS MAINTAINS ITS ANNUAL PROFIT OBJECTIVE AT 800 MILLION EUROS.  Full Article

Sabadell to pay interim dividend of 0.02 euros gross per share
Friday, 27 Oct 2017 01:09am EDT 

Oct 27 (Reuters) - SABADELL ::TO PAY INTERIM DIVIDEND OF 0.02 EUROS GROSS PER SHARE ON DEC. 29‍​.  Full Article

Sabadell sells its hotel management platform for 630.7 mln euro‍​
Tuesday, 17 Oct 2017 02:31am EDT 

Oct 17 (Reuters) - BANCO DE SABADELL SA ::ITS UNIT HOTEL INVESTMENT PARTNERS SELLS 100 PERCENT OF HI PARTNERS HOLDCO VALUE ADDED TO HALLEY HOLDCO FOR 630.7 MILLION EURO‍​.TRANSACTION IS ESTIMATED TO GENERATE NET CAPITAL GAIN OF 55 MILLION EUROS IN THE RESULTS OF THE BANK FOR FY 2017.TRANSACTION TO GENERATE 22 BASIS POINTS OF COMMON EQUITY TIER 1 (CET1).  Full Article

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

BRIEF-Banco Sabadell took liquidity from ECB in 1st week October

* Says the lender took liquidity from the European Central Bank during the first week of October