The latest update is out from Banco de Sabadell ( (ES:SAB) ).
Banco de Sabadell reported a significant increase in net profit for the first quarter of 2025, achieving 489 million euros, a 58.6% rise year-on-year. This growth is attributed to improved commercial activity, asset quality, and the performance of its TSB subsidiary. The bank’s capital ratio improved to 13.31%, and it has executed 21% of its share buyback programs. The company also enhanced its shareholder remuneration forecast, estimating dividends and share buybacks to total 3.4 billion euros for 2024 and 2025, reflecting its strong financial position and commitment to its strategic goals.
More about Banco de Sabadell
Banco de Sabadell is a financial institution operating in the banking industry, primarily offering services such as business financing, mortgages, and other banking products. The company focuses on the Spanish market and has a subsidiary, TSB, which contributes to its operations.
Average Trading Volume: 18,677,908
Technical Sentiment Signal: Buy
Current Market Cap: €13.43B
Learn more about SAB stock on TipRanks’ Stock Analysis page.