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.
11 Articles
11 Articles
Sabadell puts more pressure on the opa and shoots the profit of the first trimester by 58%
The Sabadell Bank further raises the pressure on the hostile opa launched by BBVA after firing the profit by 58% in the first quarter of the year. The entity raises its profits to 489 million, thanks to a greater commercial activity and the new design of the tax on the sector, so it manages to compensate for the falls in the interest rates. All this leads it to increase the capital and profitability and to improve by 100 million the forecasts fo…
Sabadell takes muscle from its “solo project” after firing its benefit 58.6% – Pledge Times
05/08/2025 Updated at 08: 24h. Banco Sabadell won 489 million euros in the first quarter of 2025, which means 58.6% more interannual. A figure supported by the growth of volumes, the improvement in TSB and, also, for the effect of how the bank tax is now counted. All this serves the entity to get muscle at a crucial moment of the BBVA OPA, which is in analysis by the Government of Pedro Sánchez. The group capea the change in the interest rates o…
Sabadell Bank earns 489 million in the first quarter, 58.6% more
In the first quarter of 2025 Banco Sabadell obtained a net profit of 489 million euros, an increase of 58.6% year-on-year, driven by commercial activity, the improvement of the quality of the assets and a decrease of the provisions.
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