Banco de Sabadell, S.A. (SAB.MC)
| Previous close | 1.5195 |
| Open | 1.5320 |
| Bid | 1.5090 x 0 |
| Ask | 1.5100 x 0 |
| Day's range | 1.4925 - 1.5350 |
| 52-week range | 0.8734 - 1.5605 |
| Volume | |
| Avg. volume | 26,406,952 |
| Market cap | 8.156B |
| Beta (5Y monthly) | 1.04 |
| PE ratio (TTM) | 6.56 |
| EPS (TTM) | 0.2300 |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | 0.06 (3.95%) |
| Ex-dividend date | 16 Apr 2024 |
| 1y target est | 1.10 |
GuruFocus.comBanco de Sabadell SA's Dividend Analysis
Banco de Sabadell SA (BNDSF) recently announced a dividend of $0.03 per share, payable on 2024-04-18, with the ex-dividend date set for 2024-04-16. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Banco de Sabadell SA's dividend performance and assess its sustainability.
ReutersSabadell feels no pressure from British M&A activity to sell TSB
Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation. Nationwide Building Society agreed in March to buy Virgin Money UK in a potential 2.9 billion pound ($3.7 billion) all-cash deal to create Britain's second-largest savings and mortgage provider. "The commitment to TSB is indefinite, so we have nothing on the horizon," Gonzalez Bueno said, adding that the market sentiment towards banks in Britain had turned more positive.
ReutersBritish bank TSB to cut jobs and close branches, Spanish owner says
MADRID/LONDON (Reuters) -TSB, the British lender owned by Spain's Sabadell, will cut jobs and close branches to improve its efficiency, the CEO of the Spanish bank told a press conference on Thursday after TSB set aside restructuring costs of 29 million pounds. TSB's restructuring costs set aside in 2023 results published on Thursday include 24.4 million pounds ($30.88 million) estimated employee severance costs, the bulk of which will fall this year, the bank said in its annual report. Asked whether that would involve a reduction in staff and branches, Sabadell CEO Cesar Gonzalez-Bueno told reporters: "Yes, it will include both."
