for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Banco de Sabadell SA

SABE.MC

Latest Trade

1.02EUR

Change

0.00(+0.44%)

Volume

23,287,059

Today's Range

1.00

 - 

1.04

52 Week Range

0.71

 - 

1.35

As of on the Mercado Continuo Espana ∙ Minimum 15 minute delay

Pricing

Previous Close
1.02
Open
1.01
Volume
23,287,059
3M AVG Volume
571.80
Today's High
1.04
Today's Low
1.00
52 Week High
1.35
52 Week Low
0.71
Shares Out (MIL)
5,605.46
Market Cap (MIL)
5,750.76
Forward P/E
7.28
Dividend (Yield %)
2.94

Next Event

Q3 2019 Banco de Sabadell SA Earnings Release

Latest Developments

More

Sabadell Analyses Potential Strategic Alliance For Its Unit Sabadell Asset Management

Sabadell Issues EUR 1 Bln Securitisation Generating About 10 BPS Of FL CET1

Sabadell Transfers SDIN Residencial And Pool Of Real Estate Assets For 882 Mln Euros

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Banco de Sabadell SA

Banco de Sabadell SA is a Spain-based financial institution (the Bank) primarily engaged in the banking sector. The Bank's activities are divided into four segments: Banking in Spain, Asset transformation, Banking in the United Kingdom (UK) and Banking in America. The Banking in Spain division includes commercial banking products, such as mortgage loans, deposit accounts, insurance policies and mutual funds; corporate banking products, such as customized financing and treasury, as well as markets and private banking investment. The Asset transformation division focuses on real estate operations and management. The Banking in UK division includes TSB Banking Group PLC that offers current and savings accounts, personal loans, credit cards and mortgages. The Banking in America division provides retail and commercial banking services, as well as solutions for corporate customers, such as project finance operations. The Bank operates through numerous subsidiaries.

Industry

Regional Banks

Contact Info

Sena, 12, Pol. Ind. Can Sant Joan

+34.937.288882

https://www.bancsabadell.com/

Executive Leadership

Jose Oliu Creus

Executive Chairman of the Board

Jaime Guardiola Romojaro

Chief Executive Officer, Executive Director

Jose Javier Echenique Landiribar

Independent Vice Chairman of the Board

Tomas Varela Muina

Chief Financial Officer, General Director

Richard Meddings

Interim - Chief Executive Officer of UK TSB

Key Stats

2.57 mean rating - 23 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

5.5K

2017

5.7K

2018

5.0K

2019(E)

4.9K
EPS (EUR)

2016

0.130

2017

0.140

2018

0.050

2019(E)

0.140
Price To Earnings (TTM)
7.48
Price To Sales (TTM)
0.96
Price To Book (MRQ)
0.45
Price To Cash Flow (TTM)
4.99
Total Debt To Equity (MRQ)
196.06
LT Debt To Equity (MRQ)
187.24
Return on Investment (TTM)
--
Return on Equity (TTM)
0.34

Latest News

Latest News

REFILE-UPDATE 1-Sabadell reports Q2 profit of 273 mln euros

Spain's Banco Sabadell on Friday reported a net profit of 273 million euros ($304.5 million) for the second quarter compared with a loss it posted last year when an IT outage hit its British unit TSB.

Sabadell books Q2 profit of 273 mln euros after loss last year due to TSB costs

Spain's Banco Sabadell on Friday announced a net profit of 273 million euros ($304.50 million) in the second quarter compared to a loss in the same period last year due to its IT outage at its British unit TSB.

Sabadell gets bids from Cerberus, Oaktree for real estate business: source

Banco Sabadell has received binding bids from U.S. private equity funds Cerberus and Oaktree for a real estate company owned by the Spanish bank and is expected to assess them on Thursday, a source with knowledge of the matter said.

UPDATE 2-Spain's Sabadell draws line under costly IT glitch at TSB

* Shares up 1 pct in early trade, leading gainers (Releads, adds details, share price update)

Spain's Sabadell Q1 net profit flat, beats expectations on lower costs

Spain's Banco Sabadell on Friday said its first-quarter net profit was almost unchanged against the same quarter in 2018 due to lower overall costs and provisions.

Sabadell hires JP Morgan to weigh options for its asset management unit-source

Spain's Banco Sabadell has hired U.S. investment bank JP Morgan to find potential investors for the lender's asset management division, a source familiar with the matter said on Friday.

Sabadell could consider sale of a revamped TSB - chairman

* TSB crisis postpones Sabadell's profitability target by one year

UPDATE 2-IT meltdown at Britain's TSB burdens Spanish parent Sabadell

* TSB execs forego bonuses after IT disaster (Adds Sabadell shares and analyst comment)

Spain's Banco Sabadell 2018 net slumps 54 pct, hit by TSB

Spain's Banco Sabadell posted on Friday a 54 percent slump in 2018 net profit, hit by 292 million euros ($333.81 million) in costs from an IT outage at its British bank TSB.

UPDATE 1-Intrum buys Sabadell's real estate servicer to boost Spain presence

Sweden's Intrum said on Friday it will buy Banco Sabadell's real estate servicer Solvia for an enterprise value of about 300 million euros ($340.62 million), aimed at strengthening its position in the Spanish market.

Intrum buys Banco Sabadell's real estate servicer Solvia

Sweden's Intrum said on Friday it will buy Banco Sabadell's real estate servicer Solvia for an enterprise value of about 300 million euros ($340.62 million), aimed at strengthening its position in the Spanish market.

Spain's Sabadell has no plan to sell TSB, wants it to acquire assets

Spain's Sabadell has no plans to sell its TSB unit and wants the bank to start buying other assets once it has cleared up the fallout from an IT meltdown, a spokesman for the Spanish group said on Friday.

Spain's Sabadell plans eventual merger or sale of British unit TSB -media

Spain's Sabadell plans an eventual merger or sale of its TSB unit once it has returned the British bank to profitability, Sabadell's chairman was quoted as saying on Friday.

UPDATE 2-Spain's Sabadell exceeds forecasts despite TSB outage costs

* Caixabank Q3 net profit down 28 pct due to Repsol sale (Adds details and gives breakdown on results)

Spain's Sabadell Q3 net profit down 37.4 pct on charges due to TSB costs

Spain's Banco Sabadell on Friday announced a 37.4 percent decline in third-quarter net profit to 127.2 million euros ($144.6 million) after extraordinary costs of 87.7 million euros related to an IT outage at its British unit TSB.

Sabadell plans further cut in Spanish real estate business - source

Spain's Banco Sabadell has mandated investment bank Alantra to sell its real estate management unit Solvia Servicios Inmobiliarios, a source with knowledge of the matter said on Wednesday.

UPDATE 4-Spain's Sabadell counts cost of TSB IT failure

* Sabadell shares fall more than 5 percent (Adds Sabadell CFO comments, details)

Spain's Sabadell books Q2 net loss after TSB's IT-failure costs

Spain's Banco Sabadell on Friday announced a loss of 138.7 million euros ($161.6 million) in the second-quarter after extraordinary costs of 203.1 million euros related to its IT outage at its British unit TSB.

Sabadell nears sale of assets worth 3.3 billion euros after Cerberus deal: source

Banco Sabadell <SABE.MC> is close to selling two real estate loan portfolios with a gross value of 3.3 billion euros ($3.8 billion), a source with knowledge of the matter said on Thursday, after it sold two portfolios to Cerberus.

Spain's banking deposit fund in talks with Sabadell, BBVA to simplify asset sales

Spain's bank-funded deposit guarantee fund (FGD) is in talks with Banco Sabadell and BBVA to simplify toxic real asset sales, the deputy governor of Bank of Spain said on Friday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up