Brief: Sabadell Q2 Net Profit Including TSB At €624 Mln

Banco de Sabadell

24/07/2026 06:09

    July 24 (Reuters) - Banco De Sabadell, S.a SABE.MC:
Q2 NET INTEREST INCOME €902 BILLION
RECURRING ROTE 13.6% AT END-JUNE
Q2 NET PROFIT INCLUDING TSB €624 MILLION
CET 1 FULLY LOADED 13.11% AT END-JUNE
Q2 NET PROFIT €608 MILLION
BAD LOAN RATIO 2.47% AT END-JUNE
SEES RECURRING ROTE AT 14.5% BY END OF 2026, AND AT 16% BY END 2027
MAINTAINS NET INTEREST INCOME GUIDANCE TO GROW OVER 1% FOR FULL YEAR
SEES RECURRING COSTS TO GROW LESS THAN 3% BY END 2026
SEES €40 MILLION ANNUALIZED SAVINGS FROM 2027, €20 MILLION IN H2 2026

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