Picture of Banco De Sabadell, S.a logo

SAB Banco De Sabadell, S.a News Story

0.000.00%
es flag iconLast trade - 00:00
FinancialsAdventurousLarge CapTurnaround

Brief: Sabadell Q1 Net Profit With TSB At 347 Mln Euros

May 5 (Reuters) - Banco de Sabadell SA SABE.MC:

Q1 NET INTEREST INCOME 872 MILLION EUROS

Q1 NET PROFIT 284 MILLION EUROS

Q1 NET PROFIT WITH TSB 347 MILLION EUROS

BAD LOAN RATIO 2.55% AT END-MARCH

CET 1 FULLY LOADED 13.2% AT END-MARCH

RECURRENT RETURN ON TANGIBLE EQUITY (ROTE) 14.1% AT END-MARCH

EXPECTS THAT, STARTING FROM THIS QUARTER, NET INTEREST MARGIN WILL GRADUALLY IMPROVE ITS TREND IN 2026, ENDING YEAR WITH GROWTH EXCEEDING 1%

Source text

Further company coverage: SABE.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Banco De Sabadell, S.a

See all news