Sabadell shares drop after Q4 results underwhelm market

Banco De Sabadell, S.a

06/02/2026 08:24

** Shares of Banco Sabadell SABE.MC fall 4% after its lending income remained under pressure in Q4 on lower interest rates, while the bank appointed a new CEO

** Sabadell's net interest income fell 5.2% year-on-year in the October to December period to 1.21 billion euros  ($1.43 billion), in line with analysts' forecasts and was 3.7% down to 4.84 billion euros for the entire 2025

** Analysts are now watching if Sabadell will be able to maintain growth rates without TSB, a task that will be overseen by Marc Armengol as its new chief executive

** Renta 4 broker says it expects a negative reaction in shares given "a demanding market, figures that were not a surprise and the change of CEO"

** Shares are at the bottom of Marid's IBEX 35 index .IBEX and on track for their worst day in almost three months

($1 = 0.8482 euros)

 (Reporting by Joao Manuel Mauricio)