Banco Sabadell Misses Earnings, But Sees Brighter Future
Update: 2025-11-13
Description
Banco Sabadells third-quarter earnings report showed a three percent drop in shares, despite meeting full-year financial goals. The bank missed pre-tax profit expectations by six point six percent due to weaker trading, foreign exchange income, and lower core revenues. Net interest income was slightly below predictions, and the net interest margin slipped. However, analysts at RBC remain optimistic about the banks future earnings, citing market share gains and a strong position in Spains lending recovery. The non-performing loan ratio improved, but deposits decreased, and the loan-to-deposit ratio increased, slightly impacting the banks liquidity coverage ratio.
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