Banco de Sabadell SA banner

Banco de Sabadell SA
XMUN:BDSB

Watchlist Manager
Banco de Sabadell SA Logo
Banco de Sabadell SA
XMUN:BDSB
Watchlist
Price: 3.704 EUR Market Closed
Market Cap: €6.5B

Banco de Sabadell SA
Investor Relations

Banco de Sabadell is a Spanish bank that takes deposits, makes loans, and handles payments for people, small businesses, and larger companies. It also sells mortgages, working-capital loans, business lending, cards, foreign-exchange services, and everyday banking accounts through its branch network and digital channels. The bank makes money mainly from charging interest on loans and from fees for services such as payments, account maintenance, card use, asset management, and insurance distribution. Its main customers are households and, especially, small and medium-sized businesses that need day-to-day banking and financing. What sets Sabadell apart is its strong focus on business banking rather than only consumer banking. It plays a key role in funding companies, helping them manage cash flow, and providing banking services that sit between savers, borrowers, and the wider economy.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 24, 2026
AI Summary
Q2 2026

Profitability: Sabadell said second-quarter performance was in line with expectations, with recurring net profit of EUR 691 million and recurring RoTE of 13.6%, keeping the bank on track for its 14.5% full-year target.

Revenue Rebound: Net interest income rose 3.4% quarter-on-quarter and fees increased 4%, with management saying core revenues have returned to growth and the NII inflection point has been reached.

Stronger Lending: Performing loans grew 3% quarter-on-quarter to EUR 125 billion, and management said commercial momentum has clearly strengthened across Spain and international portfolios.

Costs Improved: Recurring costs were broadly stable in the quarter, and the bank improved its full-year recurring cost growth guidance to below 3% from around 3%.

Capital Returns: Sabadell completed its EUR 800 million buyback, announced a new EUR 331 million buyback, and said it also paid an extraordinary EUR 0.50 per share dividend after the TSB sale.

Outlook: Management reiterated 2026 and 2027 targets, including 2026 RoTE of 14.5% and 2027 RoTE of 16%, and said profitability should continue improving in the second half of the year.

Key Financials
Recurring net profit
EUR 691 million
Recurring return on tangible equity
13.6%
Reported return on tangible equity
close to 15%
Net interest income
up 3.4% quarter-on-quarter
Fees
up 4% quarter-on-quarter
Performing loans
EUR 125 billion
Loan book growth since start of year
4.7%
Spain loan book growth
up 2.8% quarter-on-quarter
Customer funds
up 1.8% quarter-on-quarter
On-balance sheet funds
almost 5% year-on-year
Off-balance sheet funds
up more than 4% quarter-on-quarter and 11% year-on-year
Cost of customer funds
78 basis points
Recurring costs
broadly stable in the quarter
Total provisions
EUR 152 million
Cost of risk
40 basis points
Credit cost of risk
31 basis points
NPL ratio
down 8 basis points in the quarter
Total coverage ratio
around 70%
CET1 ratio
13.11%
Organic CET1 generation
61 basis points
TSB capital gain
EUR 340 million
Net one-off impact
EUR 249 million
First-half one-off impact
EUR 201 million
Early retirement plan costs
EUR 37 million
Share buyback completed
EUR 800 million
New share buyback
EUR 331 million
Extraordinary dividend
EUR 0.50 per share
Loan-to-deposit ratio
93%
Net stable funding ratio
131%
Liquidity coverage ratio
188%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Josep Oliu Creus ED, Ph.D.
Executive Chairman of the Board
No Bio Available
Mr. Cesar Gonzalez-Bueno Mayer Wittgenstein
CEO & Executive Director
No Bio Available
Mr. David Vegara Figueras
GM, Chief Risk Officer & Executive Director
No Bio Available
Mr. Leopoldo Alvear Trenor
CFO & GM
No Bio Available
Gerardo Artiach
Head of Investor Relations
No Bio Available
Mr. Gonzalo Barettino Coloma
Assistant GM of Legal & Deputy-Secretary of the Board
No Bio Available
Federico Rodríguez Castillo
Assistant General Manager of Compliance
No Bio Available
Gabriel Martínez Rafael
Assistant General Manager of Communications & Institutional Relations
No Bio Available
Mr. Manuel Tresánchez Montaner
Deputy General Manager of Marketing & Commercial Strategy
No Bio Available
Conchita Álvarez Hernández
Assistant General Manager of Operations, Organization & Resources Human Resources
No Bio Available

Contacts

Address
Catalonia
Alicante
Placa de Sant Roc, 20
Contacts