Banco de Sabadell SA

Banco de Sabadell SA

3.39
EUR
-0.18
(-5.05%)
0.26EPS
8.57P/E
14.73BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.14
1.26
1.13
1.02
1.04
0.98
0.98
1.04
0.97
0.98
1.16
0.96
0.95
1.08
Basic EPS, GAAP
0.04
0.09
0.14
0.13
0.14
0.06
0.14
- -
0.09
0.16
0.25
0.34
0.34
0.36
Free Cash Flow per Basic Share
-1.13
-0.35
0.16
0.59
2.08
-0.74
-2.02
3.54
2.12
-1.26
-2.05
-2.16
0.21
- -
Dividend per Share
0.01
0.01
- -
0.03
0.05
0.07
0.01
0.02
- -
0.05
0.05
0.11
0.27
- -
Book Value per Share
2.01
2.23
2.29
2.29
2.3
2.12
2.3
2.23
2.32
2.33
2.56
2.78
2.81
2.54
Tangible Book Value per Share
1.71
1.91
1.91
1.92
1.91
1.69
1.84
1.76
1.86
1.89
2.1
2.3
2.31
2.04
Basic Weighted Avg Shares
4,059
4,169
4,963
5,534
5,654
5,649
5,538
5,582
5,586
5,594
5,401
5,376
5,152
4,924
Sales/Revenue/Turnover
4,637
5,241
5,610
5,641
5,906
5,521
5,434
5,780
5,395
5,474
6,282
5,141
4,883
5,325
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
228
278
329
396
402
353
470
523
527
545
519
436
421
483
Net Income, GAAP
146
372
708
710
801
328
768
2
530
889
1,332
1,827
1,775
1,771
Effective Tax Rate (%)
9.72
22.56
4.37
29.78
5.08
19.97
18.32
- -
13.11
29.31
29.47
27.51
32.96
34.91
Profit Margin (%)
3.15
7.09
12.63
12.6
13.57
5.94
14.13
0.03
9.83
16.25
21.2
35.53
36.36
33.26
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
22,256
28,475
34,929
34,372
27,396
25,837
26,413
23,762
22,837
24,755
30,112
32,367
22,535
20,889
Total Equity
10,216
11,216
12,768
13,083
13,222
12,117
12,974
12,492
12,996
13,086
13,879
15,033
14,082
12,176
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
0.37
1.02
1.61
1.48
1.81
0.82
1.96
- -
1.45
2.39
3.25
3.99
4.22
4.56
Return on Common Equity (%)
1.54
3.49
5.93
5.51
6.12
2.6
6.15
0.02
4.18
6.84
9.91
12.67
12.23
13.32

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,998
4,920
4,781
Market Capitalization
16,523
15,173
14,730

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
12,935
22,967
20,518
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.13%
2.55%
-6.33%
Free Cash Flow
7.7%
-49.45%
-109.19%
Net Income, GAAP
2,652.56%
5,307.45%
-2.81%
Sales/Revenue/Turnover
-1.01%
-2.72%
-5.03%
Total Cash Common Dividend
- -
- -
131.11%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,392
1,632
1,611
1,545
5,141
2025
1,193
1,190
1,510
1,482
4,883
2026
1,134
1,199
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.09
0.09
0.1
0.34
2025
0.09
0.09
0.08
0.08
0.34
2026
0.07
0.13
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.11
2025
- -
- -
- -
- -
0.27
2026
- -
- -
- -
- -
- -

Company Description

CEO
Marc Armengol Dulcet
Full Time Employees
18,736
Sector
Finance
Industry
Major banks
Address
Plaça de Sant Roc núm. 20 Alicante VA Spain 08201
IPO Date
Nov 23, 1989
Business
Banco de Sabadell, S.A. Banco de Sabadell, S.A. (SAB.MC) operates as a Spanish multinational universal bank specializing in retail, commercial, and private banking services, primarily targeting small and medium-sized enterprises (SMEs), affluent individuals, retailers, self-employed professionals, and large corporations with a focus on international trade; it offers a comprehensive range of products including current and savings accounts, personal and consumer loans, mortgages, debit and credit cards, leasing and rental services, short-term financing, working capital facilities, revolving loans, medium- and long-term finance, structured finance solutions, investment funds, pension plans, savings insurance, payment methods such as point-of-sale (PoS) terminals, import/export remittances, collections and payments, corporate treasury, investment banking, trading, custody, and research services. The bank maintains a multi-brand strategy through brands such as SabadellAtlántico, SabadellGuipuzcoano, Banco Herrero, SabadellSolbank, ActivoBank, SabadellUrquijo, SabadellGallego, and SabadellCAM, serving personal, business, and institutional clients across diverse sectors including franchises, agriculture, tourism, real estate, and startups; its subsidiaries and affiliates include BanSabadell Fincom for consumer finance, Solvia for real estate services, and TSB Banking Group in the United Kingdom, with operations spanning Spain, the UK, Andorra, the US, Mexico, and international branches in locations such as London, Paris, Miami, Mexico City, New York, and others in 14 countries overall. Founded in 1881 and headquartered in Alicante, Spain with a significant presence in Sabadell, Catalonia, the bank employs over 18,000 staff across approximately 1,600 branches and supports 12 million customers with total assets exceeding €250 billion. In recent developments, Banco de Sabadell announces a new Strategic Plan for 2025-2027 in July 2025 aimed at delivering €6.3 billion in shareholder returns, achieving over €1.6 billion in profit by 2027 through accelerated loan book growth of 5% annually, enhanced customer acquisition especially via digital channels, revenue expansion in consumer banking, private banking, insurance via its alliance with Zurich, and PoS penetration, alongside improved asset quality and cost efficiency, without reliance on its UK subsidiary TSB; it proposes the sale of TSB Banking Group to Banco Santander for £2.65 billion subject to shareholder and regulatory approvals, enabling an extraordinary dividend distribution; faces an ongoing hostile takeover bid from BBVA launched in 2024 and amended in September 2025 to an all-stock offer valued at €17 billion, which the bank and Spanish authorities oppose, with the CNMV communicating outcomes in October 2025; relocates its registered office back to Sabadell, Plaça de Sant Roc in early 2025 after a prior move to Alicante in 2017; and reports robust third-quarter 2025 net profit growth of 7.3% to €1.39 billion driven by higher loan volumes, customer funds, and reduced provisions.

Company News

  • France's BPCE buys 7% stake in Spain's Sabadell, explores cooperation

  • Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Shares Shorted: Short Interest Down 63.2% in September

  • Banco de Sabadell, S.A. (BNDSY) Presents at Bank of America 31st Annual Financials CEO Conference Transcript

  • Banco de Sabadell, S.A. (OTCMKTS:BNDSY) Short Interest Down 59.9% in July

  • Banco de Sabadell, S.A. (BNDSY) Q2 2026 Earnings Call Transcript

  • Sabadell's Q2 net profit up 28% on capital gains from TSB sale

  • Mexican investor David Martinez sells 1.6% stake in Sabadell

  • Spain's Sabadell, Bankinter set to join European stablecoin consortium, Expansion says

  • Sabadell's Q1 net profit falls 29% hit by higher costs and lower lending income

  • Spanish bank Sabadell sells TSB to Banco Santander for 3.3 billion euros

  • Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Drops By 49.3%

  • Short Interest in Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Drops By 16.2%

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

  • Banco De Sabadell Appoints TSB's Marc Armengol as Next CEO

  • Spain's Sabadell names TSB's Armengol as new CEO, replacing Gonzalez-Bueno

  • Banco de Sabadell, S.A. (OTCMKTS:BNDSF) Sees Large Increase in Short Interest

  • BBVA to Launch $4.6 Billion Buyback After Failed Takeover Bid for Sabadell

  • Sabadell's David Martinez steps down from board after failed BBVA bid

  • Banco de Sabadell, S.A. (BNDSY) Q3 2025 Earnings Call Transcript

  • Banco de Sabadell Posts Lower Net Profit, But Sees Targets on Track