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Sabadell takes muscle from its “solo project” after firing its benefit 58.6% – Pledge Times

  • Banco Sabadell achieved a net income of 489 million euros during the initial quarter of 2025, representing a 58.6% increase compared to the same period last year.
  • This profit growth occurred amid the European Central Bank's interest rate cuts and ongoing government analysis of BBVA's takeover bid.
  • The group offset a 1.3% drop in its interest margin with a 1.3% rise in net commissions and benefited from strong commercial activity and improved asset quality.
  • CEO César González-Bueno emphasized that their business model enhances the speed of capital creation and reported that during the first quarter, capital generation exceeded prior forecasts.
  • Sabadell’s increased profitability and capital capacity enhance its position during the BBVA takeover process, supported by team commitment and a solid solo project.
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deia.eus broke the news in on Wednesday, May 7, 2025.
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