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Banco de Sabadell SA (SABE.MC)

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

0.92EUR
4:35pm BST
Change (% chg)

€-0.04 (-4.65%)
Prev Close
€0.96
Open
€0.96
Day's High
€0.96
Day's Low
€0.91
Volume
21,950,699
Avg. Vol
24,330,395
52-wk High
€1.49
52-wk Low
€0.83

Latest Key Developments (Source: Significant Developments)

Spain's Bankia not contemplating merger with Banco Sabadell - CEO
Monday, 29 Apr 2019 

April 29 (Reuters) - Bankia SA CEO Jose Sevilla::Says is not contemplating a merger with Banco Sabadell <<>>.  Full Article

Spain's Banco Sabadell has no plans to sell TSB - CEO
Friday, 26 Apr 2019 

April 26 (Reuters) - Spain's Banco Sabadell SABE.M CEO Jaime Guardiola::Says bank is not planning to sell TSB.  Full Article

Sabadell expects to close sale of real estate development assets this year
Friday, 26 Apr 2019 

April 26 (Reuters) - Banco de Sabadell SA executives::Say expect to close sale of real estate development portfolio with net asset value of 700 million-900 million euros ($779 million-$1 billion) this year.Says no plans to sell assets apart from real estate development portfolio, though added looking at options for asset management unit.Says remains committed to cash dividend pay-out ratio of 40-50 percent.Says core-tier 1 fully loaded ratio could reach around 12 percent in 2020.  Full Article

Sabadell Q1 Net Profit At 258 Mln Euros
Friday, 26 Apr 2019 

April 26 (Reuters) - Banco de Sabadell SA ::Q1 NET PROFIT 258 MILLION EUROS.Q1 NET INTEREST INCOME 901 MILLION EUROS.SAYS FULLY LOADED CET1 SET TO REACH 11.6 PERCENT OR HIGHER BY YEAR-END.BAD LOAN RATIO 4.10 PERCENT AT END-MARCH.RETURN ON TANGIBLE EQUITY (ROTE) 8.94 PERCENT AT END-MARCH.EFFICIENCY ON TRACK TO MEET YE TARGET OF C.55%.ON TRACK TO MEET 1%-2% NII GROWTH TARGET BY YEAR-END SUPPORTED BY INCREASING VOLUMES THROUGHOUT THE YEAR.CET 1 FULLY LOADED 11.0 PERCENT AT END-MARCH.  Full Article

Sabadell's chairman expects positive contribution from TSB in 2020
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Banco de Sabadell SA chairman Josep Oliu::SAYS HE EXPECTS BRITISH UNIT TSB TO CONTRIBUTE POSITIVELY TO GROUP RESULTS IN 2020.SAYS THERE IS NO POTENTIAL MERGER ON THE TABLE NOW.  Full Article

Sabadell Starts Competitive Process To Sell Solvia Desarrollos Inmobiliarios
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Banco de Sabadell SA ::STARTS COMPETITIVE PROCESS FOR THE SALE OF 100% OF THE SHARE CAPITAL IN SOLVIA DESARROLLOS INMOBILIARIOS.INTENDS TO SIGN THE TRANSACTION DURING THE FIRST SEMESTER OF 2019.  Full Article

Sabadell says expected costs related to TSB migration are final
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Banco de Sabadell SA CEO Jaime Guardiola::Says expected costs of 321 million euros ($365 million) in 2018 related to TSB migration is final.  Full Article

Sabadell To Pay Dividend Of 0.02 Euro Gross Per Share
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Banco de Sabadell SA ::TO PAY INTERIM DIVIDEND OF 0.02 EURO GROSS PER SHARE ON DECEMBER 28, 2018.  Full Article

Spain's Sabadell sees NII rising around 2 pct in 2018
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Spain's Sabadell ::Says sees net interest income (NII) rising around 2 percent in 2018.Says sees core-tier 1 fully loaded capital ratio of around 12.5 percent in 2020.  Full Article

Spain's Sabadell says expects low-double-digit lending growth at TSB for 2018
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Spain's Banco Sabadell ::SAYS EXPECTS LOW DOUBLE DIGIT LENDING GROWTH AT TSB FOR 2018.  Full Article

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Spain's bad bank transforms into real estate fund as it tries to stem losses

MADRID Spain's 'bad bank' is joining the ranks of the world's biggest real estate funds as it swaps loans for property in an attempt to limit losses on toxic assets it took on during the financial crisis.