Previous close | 10.29 |
Open | 9.85 |
Bid | 9.64 x 0 |
Ask | 9.64 x 0 |
Day's range | 9.60 - 9.85 |
52-week range | 6.06 - 11.27 |
Volume | |
Avg. volume | 15,839,525 |
Market cap | 55.328B |
Beta (5Y monthly) | 1.49 |
PE ratio (TTM) | 7.06 |
EPS (TTM) | 1.36 |
Earnings date | 31 Jul 2024 |
Forward dividend & yield | 0.55 (5.34%) |
Ex-dividend date | 08 Apr 2024 |
1y target est | 6.82 |
Sabadell CEO César González-Bueno was in London on Thursday meeting with analysts to champion his bank's success when news landed that rival BBVA was going hostile with its 12.23 billion-euro ($13.2 billion) takeover offer. The surprise move - the first hostile banking takeover bid in Spain since the 1980s - pits the banks' same long-standing executives against each other who tried and failed to negotiate a deal between Spain's second and fourth-largest banks in 2020. After a new approach last month, BBVA Chair Carlos Torres gave his Sabadell counterpart, Josep Oliu, a clear message in a May 5 letter: there would be no improving its all-share offer.
Jeremy Hunt has urged the Bank of England not to cut interest rates too quickly after Governor Andrew Bailey opened the door to a steep fall in borrowing costs.
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