Banco de Sabadell SA

Banco de Sabadell, S.A. provides banking products and services in Spain, the United Kingdom, and Mexico. It offers retail banking products such as investment products, medium- and long-term finance (including consumer loans, mortgages, leasing and rental services, and other short-term finance), as well as cards and insurance products for individuals. The company also provides financial products and services for businesses and self-employed persons, including working capital products, revolving loans, medium- and long-term finance, custom structured finance and capital market solutions, specialized advice, cards and PoS terminals, and import and export services. In addition, it offers corporate banking services to large corporations and financial institutions, such as financial and advisory solutions, structured finance, treasury, investment banking, trading, and custody and research services. It also provides current and savings accounts, loans, credit cards, and mortgages, as well as banking and financial services for corporate and commercial banking. Banco de Sabadell, S.A. was founded in 1881 and is based in Sabadell, Spain.

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Banco Sabadell H1 Net Profit Declines 0.5%

Banco Sabadell Group reported a net profit of 971 million euros in the first half of 2026, down 0.5% from the same period last year. Excluding the contribution of the UK unit TSB and non-recurring items, recurring profit fell 14.1% to 691 million euros. Core banking revenue, not including TSB, declined 1.7% to 2.42 billion euros, with net interest income down 2% to 1.8 billion euros. The Group said it is on track to deliver targets of 14.5% return on tangible equity in 2026 and 16% in 2027, and announced a new share buyback programme of 331 million euros to be launched next week.

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