Banco de Sabadell ( (ES:SAB) ) has issued an announcement.
Fitch Ratings has upgraded Banco Sabadell’s long-term rating to BBB+ from BBB, reflecting improvements in the bank’s asset quality, profitability, and capitalization. This upgrade is also supported by a better assessment of the operating environment for Spanish banks, potentially enhancing Banco Sabadell’s competitive positioning and stakeholder confidence.
More about Banco de Sabadell
YTD Price Performance: 5.21%
Average Trading Volume: 1,807,926
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €10.69B
For detailed information about SAB stock, go to TipRanks’ Stock Analysis page.