Sabadell's Q4 net profit falls 27% from same period in 2024

Banco De Sabadell, S.a

06/02/2026 06:04

MADRID, Feb 6 (Reuters) - Spain's Sabadell SABE.MC said on Friday its fourth-quarter net profit fell 27.4% from the same period in 2024 due to lower lending income and the impact from a banking tax.

The country's fourth-largest bank in terms of market value reported a net profit of 386 million euros ($455.06 million) in the October to December period compared to 532 million euros in the same period last year.

Analysts polled by Reuters expected a net profit of 383 million euros.

($1 = 0.8482 euros)

 (Reporting by Jesús Aguado; Editing by Emma Pinedo)

 ((jesus.aguado@thomsonreuters.com; +34 91 835 68 32; Reuters Messaging: Reuters Messaging: jesus.aguado.reuters.com@reuters.net))