Brief: Sabadell's NII Target Of €3.9 Billion In 2027 Is Achievable, CFO Says
29/10/2026 07:50
BRIEF-Sabadell's NII Target Of €3.9 Billion In 2027 Is Achievable, CFO Says Oct 29 (Reuters) - Chief Financial Officer of Banco de Sabadell SABE.MC, Sergio Palavecino:
NET INTEREST INCOME TARGET OF €3.9 BILLION IN 2027 IS ACHIEVABLE
BANK SEES FRENCH LENDER BPCE AS STABLE SHAREHOLDER
DEPOSIT COSTS TO KEEP RISING BUT BANK EXPECTS HIGHER YIELDS IN LOANS TO OFFSET IMPACT
SABADELL CEO MARC ARMENGOL: BELIEVES THAT AGREEMENT WITH AMUNDI WILL ENABLE BANK TO FOCUS ON MORE WEALTHY CUSTOMERS
ARMENGOL: BANK REMAINS FOCUSED ON ORGANIC GROWTH AND NOT LOOKING FOR ANY M&A OPTIONS
Further company coverage: SABE.MC
(Reporting By Madrid Newsroom)
((emma.pinedo@thomsonreuters.com;))
Recent news on Banco de Sabadell
See all newsSpanish stocks - Factors to watch on Oct 29
Brief: Sabadell's NII Target Of €3.9 Billion In 2027 Is Achievable, CFO Says
Sabadell strikes cautious tone on lending income as deposit costs rise (updated)
Brief: Sabadell Sees 2026 NII Up About 1% YoY
Sabadell's Q3 reported net profit falls 2% from same period in 2025