The shares are represented by book entries and are listed on the stock exchanges of Barcelona, Bilbao, Madrid and Valencia and the Spanish Stock Exchange Interconnection System "SIBE" / Continuous Market.
For full financial information you can access our portal: www.bsmarkets.com.
| Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of shareholders | 234,082 | 235,034 | 236,844 | 237,675 | 240,887 | 235,523 | 234,064 | 234,009 | 231,373 |
| Number of shares (M) | 5,626 | 5,626 | 5,626 | 5,626 | 5,626 | 5,626 | 5,626 | 5,626 | 5,626 |
| Last (end of quarter) (€) | 0.469 | 1.040 | 0.890 | 0.911 | 0.888 | 1.001 | 1.339 | 1.436 | 1.661 |
| High (YTD) (€) | 1.080 | 1.130 | 1.083 | 1.083 | 1.083 | 1.945 | 1.945 | 1.945 | 1.945 |
| Low (YTD) (€) | 0.395 | 0.714 | 0.714 | 0.832 | 0.832 | 0.950 | 1.308 | 1.366 | 1.626 |
| Market cap. (€M) | 2,627 | 5,759 | 4,928 | 5,044 | 4,915 | 5,567 | 7,457 | 8,001 | 9,266 |
| EPS (€) | 0.03 | 0.13 | 0.15 | 0.15 | 0.15 | 0.05 | 0.04 | 0.02 | 0.16 |
| P/E | 15.78 | 8.29 | 5.88 | 6.13 | 5.74 | 20.11 | 37.50 | 59.96 | 10.64 |
| BV per share (€) | 2.33 | 2.38 | 2.38 | 2.35 | 2.30 | 2.25 | 2.25 | 2.23 | 2.32 |
| P/BV (x) | 0.20 | 0.44 | 0.37 | 0.39 | 0.39 | 0.45 | 0.60 | 0.64 | 0.72 |
| Nominal value per share (€) | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 |
| Date | Action | New shares | Total shares | Nominal value (€) | Capital (€) | Voting rights |
|---|---|---|---|---|---|---|
| 23.11.2017 | Capital increase · Final conversion of Subordinated Mandatory Convertible Debentures (OSNC) IV/2013 | 10,813,505 | 5,626,964,701 | 0.125 | 703,370,587.63 | 5,626,964 |
| 16.11.2016 | Capital increase · Partial conversion of Subordinated Mandatory Convertible Debentures (OSNC) IV/2013 | 14,721,130 | 5,616,151,196 | 0.125 | 702,018,899.50 | 5,616,151 |
| 16.11.2016 | Capital increase · Final conversion of Subordinated Mandatory Convertible Debentures (OSNC) III/2013 | 35,168,313 | 5,601,430,066 | 0.125 | 700,178,758.25 | 5,601,430 |
| 04.05.2016 | Capital increase· Scrip dividend | 127,016,761 | 5,566,261,753 | 0.125 | 695,782,719.13 | 6,957,827 |
| 10.12.2015 | Capital increase · Final conversion of Subordinated Mandatory Convertible Debentures (OSNC) II/2013 | 110,856,166 | 5,439,244,992 | 0.125 | 679,905,624.00 | 6,799,056 |
| 26.11.2015 | Capital increase · Partial conversion of Subordinated Mandatory Convertible Debentures (OSNC) Series III/2013 and IV/2013 | 10,312,149 | 5,328,388,826 | 0.125 | 666,048,603.25 | 6,660,486 |
| 06.08.2015 | Capital increase · Final conversion of Subordinated Mandatory Convertible Debentures (OSNC) I/2013 | 130,720,394 | 5,318,076,677 | 0.125 | 664,759,584.63 | 6,647,595 |
Shareholding according to holding size (31.03.2020)
| Shareholding tranches | Shareholders | Shares | %Capital |
|---|---|---|---|
| Up to 12,000 | 186,944 | 579,794,222 | 10.30 |
| From 12,001 to 120,000 | 44,285 | 1,352,564,983 | 24.04 |
| From 120,001 to 240,000 | 1,696 | 278,423,948 | 4.95 |
| From 240,001 to 1,200,000 | 959 | 415,941,511 | 7.39 |
| From 1,200,001 to 15,000,000 | 158 | 498,695,586 | 8.86 |
| Over 15,000,000 | 40 | 2,501,544,451 | 44.46 |
| Total | 234,082 | 5,626,964,701 | 100.00 |
Banco Sabadell is not aware of any shareholders’ agreements currently in effect.
| Year Type | Payment date | Ex-dividend date | Gross amount (€) | Net amount (€) | |
|---|---|---|---|---|---|
| 2019 Final dividend | 03.04.2020 | 01.04.2020 | 0.02 | 0.0162 | |
| 2019 Interim dividend | 24.12.2019 | 20.12.2019 | 0.02 1 | 0.0162 | |
| Total | 0.04 | 0.0324 | |||
| 2018 Final dividend | 05.04.2019 | 03.04.2019 | 0.01 | 0.0081 | |
| 2018 Interim dividend | 28.12.2018 | 24.12.2018 | 0.02 | 0.0162 | |
| Total | 0.03 | 0.0243 | |||
| 2017 Final dividend | 27.04.2018 | 25.04.2018 | 0.05 | 0.0405 | |
| 2017 Interim dividend | 29.12.2017 | 27.12.2017 | 0.02 | 0.0162 | |
| Total | 0.07 | 0.0567 | |||
| 2016 Final dividend | 07.04.2017 | 05.04.2017 | 0.03 | 0.0243 | |
| 2016 Interim dividend | 30.12.2016 | 28.12.2016 | 0.02 | 0.0162 | |
| Total | 0.05 | 0.0405 | |||
| 2015 "Sabadell Dividendo Flexible" | 22.04.2016 | 05.04.2016 | 0.048 2 | 0.0389 | |
| 2015 Supplementary remuneration | 14.04.2016 | 07.04.2016 | 0.02 3 | 0.02 | |
| Total | 0.068 | 0.0589 | |||
| 2014 "Sabadell Dividendo Flexible" | 22.06.2015 | 02.06.2015 | 0.039 4 | 0.0312 | |
| 2014 Supplementary remuneration | 15.06.2015 | 06.06.2015 | 0.01 5 | 0.01 | |
| Total | 0.049 | 0.0412 | |||
| 2013 Supplementary remuneration | 04.04.2014 | - | 0.02 6 | 0.02 | |
| 2013 Interim dividend | 03.04.2014 | - | 0.01 | 0.0079 | |
| Total | 0.03 | 0.0279 | |||
| 2012 Supplementary remuneration | 05.04.2013 | - | 0.02 7 | 0.02 | |
| 2012 Interim dividend | 05.04.2013 | - | 0.01 | 0.0079 | |
| Total | 0.03 | 0.0279 | |||
| 2011 Supplementary remuneration | 08.06.2012 | - | 0.05 8 | 0.05 | |
| 2011 Interim dividend | 06.09.2011 | - | 0.05 | 0.0405 | |
| Total | 0.10 | 0.0905 | |||
| 2010 Final dividend | 19.04.2011 | - | 0.06 | 0.0486 | |
| 2010 Interim dividend | 20.12.2010 | - | 0.09 | 0.0729 | |
| Total | 0.15 | 0.1215 | |||
| 2009 Supplementary remuneration | 23.04.2010 | - | 0.089 | 0.08 | |
| 2009 Interim dividend | 15.12.2009 | - | 0.07 | 0.0574 | |
| 2009 Interim dividend | 01.09.2009 | - | 0.07 | 0.0574 | |
| Total | 0.22 | 0.1948 |
1. Delivery of shares held in treasury stock. Reference value: 1.0725 euros. Delivery proportion: 1 share for every 66.20368225 shares.
2. Amount at which Banco Sabadell acquired the rights to free assignment. Distribution proportion: 1 share for every 34 shares.
3. Distribution in kind of part of the share premium in the form of shares held in treasury stock. Benchmark value: 1.665 euros. Resulting proportion: 1 share for every 83.25 shares.
4. Amount at which Banco Sabadell acquired the rights to free assignment. Distribution proportion: 1 share for every 59 shares.
5. Distribution in kind of part of the share premium in the form of shares held in treasury stock. Benchmark value: 2.3388 euros. Resulting proportion: 1 share for every 233.88 shares.
6. Distribution in kind of part of the share premium in the form of shares held in treasury stock. Benchmark value: 2.2260 euros. Resulting proportion: 1 share for every 111.3 shares.
7. Distribution in kind of part of the share premium in the form of shares held in treasury stock. Benchmark value: 1.5461 euros. Resulting proportion: 1 share for every 77.305 shares.
8. Distribution in kind of part of the share premium in the form of shares held in treasury stock. Benchmark value: 1.4072 euros. Resulting proportion: 1 share for every 28.144 shares.
9. Distribution in kind of part of the share premium in the form of shares held in treasury stock. Benchmark value: 4.2402 euros. Resulting proportion: 1 share for every 53 shares.
|
Event |
Date |
|---|---|
|
AERI - BofA Made in Iberia Days |
June 5, 2020 (virtual) |
|
Goldman Sachs 24th Annual European Financials Conference |
June 12, 2020, Rome (virtual) |
|
Blackout 2Q20 Financial results |
17th to 31st July, 2020 |
|
2Q20 Financial results |
July 31, 2020, 9.00 h (CET) |
|
BofA Global Research 25th Annual Financials CEO Conference |
22nd to 23rd September, 2020 (virtual) |
|
Blackout 3Q20 Financial results |
9th to 23rd October, 2020 |
|
3Q20 Financial results |
October 23, 2020, 9.00 h (CET) |
|
Event |
Date |
|---|---|
|
2020 Autonomous European Banks and Exchanges Rendez-Vous |
May 19, 2020, London (virtual) |
|
KBW UK & European Financials Conference |
May 12, 2020, London (virtual) |
|
4Q20 Financial results |
April 30, 2020, 13.00 h (CET) |
|
Blackout 4Q20 Financial results |
16th to 30th April, 2020 |
|
Shareholders’ annual meeting |
March 26, 2020, Alicante |
|
Morgan Stanley European Financials Conference |
March 17, 2020, London (virtual) |
|
Speed-Dating Natixis (Fixed income) |
February 26, 2020, Paris |
|
Santander Iberian Conference 2020 |
February 5, 2020, Madrid |
|
4Q19 Financial results |
January 30, 2020,18.00 h (CET) |
|
Blackout 4Q19 Financial results |
17th to 31st January, 2020 |
|
TSB Investor & Analyst Day 2019 |
November 25, 2019, 11.00 h (GMT), London |
|
Blackout TSB Investor & Analyst Day 2019 |
11th to 25th November, 2019 |
|
3Q19 Financial results |
October 25, 2019, 9.00 h (CET) |
|
Blackout 3Q19 Financial results |
11th to 25th October, 2019 |
|
Financial Institutions Group DCM Issuer and Investor Event (Fixed income) |
October 10, 2019, Milano |
|
BofAML 24th Annual Financials CEO Conference 2019 |
September 25, 2019, London |
|
Euromoney / ECBC Covered Bond Congress 2019 (Fixed income) |
September 12, 2019, Munich |
|
Barclays Global Financial Services Conference |
9th to 10th September, 2019, New York |
|
2Q19 Financial results |
July 26, 2019, 9.00 h (CET) |
|
Blackout 2Q19 Financial results |
12th to 26th July, 2019 |
|
Goldman Sachs - Chairmen's Forum |
July 5, 2019, London |
|
AFME & IMN's Global ABS |
11th to 13th July, 2019, Barcelona |
|
Goldman Sachs 23th Annual European Financials Conference |
June 7, 2019, Paris |
|
Unicredit Conference (Fixed income) |
June 4, 2019, Munich |
|
2019 Fidentiis Iberian Company Meetings |
May 23, 2019, Madrid |
|
Autonomous Financials Rendez-Vous |
May 21, 2019, London |
|
KBW European Financials Conference |
May 14, 2019, London |
|
1Q19 Financial results |
April 26, 2019, 9.00 h (CET) |
|
Blackout 1Q19 Financial results |
12th to 26th October, 2019 |
|
Morgan Stanley European Financials Conference |
March 19, 2019, London |
|
Deutsche Bank Global Bank Capital Forum (Fixed income) |
March 13, 2019, London |
|
Natixis Speed Dating Conference (Fixed income) |
February 19, 2019, Paris |
|
Santander Iberian Conference 2019 |
February 6, 2019, Madrid |
|
4Q18 Financial results |
February 1, 2019, 8.30 h (CET) |
|
Blackout 4Q18 Financial results |
18th January to 1st February, 2019 |
|
Exane BNP Paribas – Spain Investor Day 2019 |
January 15, 2019 |
|
3Q18 Financial Results |
October 26, 2018 |
|
2Q18 Financial Results |
July 27, 2018 |
|
1Q18 Financial Results |
April 26, 2018 |
|
Investor & Analyst Day 2018 |
February 23, 2018 |
|
4Q17 Financial Results |
February 2, 2018 |
|
3Q17 Financial Results |
October 27, 2017 |
|
2Q17 Financial Results |
July 28, 2017 |
|
1Q17 Financial Results |
April 28, 2017 |
|
4Q16 Financial Results |
January 27, 2017 |
|
3Q16 Financial Results |
October 28, 2016 |
|
2Q16 Financial Results |
July 22, 2016 |
|
1Q16 Financial Results |
April 22, 2016 |
|
4Q15 Financial Results |
January 29, 2016 |
|
3Q15 Financial Results |
October 23, 2015 |
|
2Q15 Financial Results |
July 24, 2015 |
|
1Q15 Financial Results |
April 24, 2015 |
|
4Q14 Financial Results |
January 29, 2015 |
|
3Q14 Financial Results |
October 30, 2014 |
|
2Q14 Financial Results |
July 24, 2014 |
|
1Q14 Financial Results |
April 24, 2014 |
|
4Q13 Financial Results |
January 23, 2014 |
|
3Q13 Financial Results |
October 24, 2013 |
|
2Q13 Financial Results |
July 25, 2013 |
|
1Q13 Financial Results |
April 25, 2013 |
|
4Q12 Financial Results |
January 24, 2013 |
|
3Q12 Financial Results |
October 25, 2012 |
|
2Q12 Financial Results |
July 25, 2012 |
|
1Q12 Financial Results |
April 26, 2012 |
Equity research analyst coverage (last update: 14.05.2020)
| Broker | Analyst | Date | Target price (€) | Recommendation |
|---|---|---|---|---|
| Santander | José Coll | 21.04.2020 | 1,01 | Neutral |
| Norbolsa | Nagore Díez | 20.06.2019 | 0.92 | Sell |
| Caixabank- BPI | Carlos Peixoto | 19.03.2020 | 0.75 | Neutral |
| Goldman Sachs | José Abad | 31.03.2020 | 0.72 | Neutral |
| JB Capital | Maksym Mishyn | 04.05.2020 | 0.60 | Neutral |
| Autonomous | Britta Schimdt | 19.03.2020 | 0.60 | Neutral |
| Barclays | Fernando Gil | 08.05.2020 | 0.60 | Neutral |
| AlphaValue | David Grinsztajn | 30.04.2020 | 0.57 | Buy |
| KBW | Daragh Quinn | 01.04.2020 | 0.56 | Sell |
| J.P. Morgan | Sofie Peterzens | 07.05.2020 | 0.55 | Neutral |
| Berenberg | Andrew Lowe | 26.03.2020 | 0.55 | Neutral |
| Deutsche Bank | Kazim Andac | 23.04.2020 | 0.55 | Neutral |
| Jefferies | Benjie Creelan | 03.04.2020 | 0.50 | Neutral |
| Fidentiis | Mario Ropero | 13.05.2020 | 0.49 | Buy |
| Morgan Stanley | Álvaro Serrano | 07.05.2020 | 0.45 | Neutral |
| Citi | Stefan Nediakov | 14.04.2020 | 0.45 | Neutral |
| UBS | Ignacio Cerezo | 21.04.2020 | 0.45 | Neutral |
| Bankinter | Rafael Alonso | 04.05.2020 | 0.44 | Neutral |
| BBVA | Alfredo Alonso | 22.04.2020 | 0.40 | Sell |
| Redburn | Gonzálo López | 22.04.2020 | 0.40 | Sell |
| Exane | Ignacio Ulargui | 30.04.2020 | 0.40 | Sell |
| Mediobanca | Andrea Filtri | 05.05.2020 | 0.40 | Neutral |
| HSBC | Iason Kepaptsoglou | 13.05.2020 | 0.37 | Neutral |
| Beka | Marisa Mazo | 22.04.2020 | 0.36 | Neutral |
| Société Générale | Carlos Cobo | 04.05.2020 | 0.34 | Sell |
| Alantra | Francisco Riquel | 13.05.2020 | 0.32 | Sell |
| Ahorro | Ya-Lan Liu | 29.04.2020 | 0.31 | Sell |
| BofAML | Marta Sánchez | 23.04.2020 | 0.20 | Sell |
| Kepler Chevreux | Mariano Miguel | - | - | - |
| Average | 0.51 |
Breakdown of equity research analysts’ recommendations
Banco Sabadell is covered by the analysts listed above. This list may not be complete and is subject to change. Please note that any opinions, estimates or forecasts regarding Banco Sabadell’s future performance reflect the analyst’s view and do not represent opinions, estimates or forecasts of Banco Sabadell or its management. Banco Sabadell provides this data for your information. It is not Banco Sabadell’s intention to endorse the analyst’s view or provide any form of investment advice. Banco Sabadell accepts no liability derived from this information or the conclusions and recommendations provided by these analysts.
Consensus of estimated annual results for Sabadell Group
| (€M) | 2020e | 2021e | 2021e |
|---|---|---|---|
| Net interest income | 3,501 | 3,477 | 3,507 |
| Net fees and commissions | 1,361 | 1,384 | 1,424 |
| Gross income | 4,741 | 4,705 | 4,763 |
| Total expenses | -3,179 | -3,149 | -3,158 |
| Pre-provision profit | 1,562 | 1,556 | 1,605 |
| Attributable net profit | 248 | 258 | 437 |
Average based on 24 research analysts' estimates.
1. Consensus based on estimates provided by research analysts covering Banco Sabadell’s shares. Some of those estimates may not be public, for which reason research analysts’ consensus could differ from consensus published by other financial information providers. Banco Sabadell does not provide any guarantee, whether implicitly or explicitly, as to the accuracy or completeness of the information referred to herein. The fulfilment of these estimates is not guaranteed by Banco Sabadell.
2. These figures and estimates are outside of the scope of mandatory information required by the National Securities Market Commission (CNMV for its acronym in Spanish). They are provided as a courtesy of Banco Sabadell for their possible relevance and for information purposes only.
3. This information does not represent the opinions, estimates or forecasts of Banco Sabadell or its directors or managers, and must not be interpreted as investment advice given by Banco Sabadell. This information may not include an exhaustive list of the entities and analysts that follow Banco Sabadell’s shares and is subject to change. Under no circumstances shall Banco Sabadell be liable for any errors or omissions in the foregoing, or for any type of loss or damage arising in connection with the same.
