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.
| Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of shareholders | 235,053 | 241,078 | 244,225 | 246,671 | 247,003 | 234,082 | 235,034 | 236,844 | 237,675 |
| 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) (€) | 0.574 | 0.456 | 0.354 | 0.297 | 0.309 | 0.469 | 1.040 | 0.890 | 0.911 |
| High (YTD) (€) | 0.684 | 0.502 | 1.080 | 1.080 | 1.080 | 1.080 | 1.130 | 1.083 | 1.083 |
| Low (YTD) (€) | 0.343 | 0.343 | 0.250 | 0.250 | 0.250 | 0.395 | 0.714 | 0.714 | 0.832 |
| Market cap. (€M) | 3,231 | 2,544,8 | 1,976 | 1,660 | 1,728 | 2,627 | 5,759 | 4,928 | 5,044 |
| EPS (€) | 0.06 | 0.01 | -0.01 | 0.02 | 0.03 | 0.03 | 0.13 | 0.15 | 0.15 |
| P/E | 10.27 | 49.54 | -27.75 | 13.65 | 9.43 | 15.78 | 8.29 | 5.88 | 6.13 |
| BV per share (€) | 2.35 | 2.32 | 2.32 | 2.35 | 2.35 | 2.33 | 2.38 | 2.38 | 2.35 |
| P/BV (x) | 0.24 | 0.20 | 0.15 | 0.13 | 0.13 | 0.20 | 0.44 | 0.37 | 0.39 |
| 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 (30.06.2021)
| Shareholding tranches | Shareholders | Shares | %Capital |
|---|---|---|---|
| Up to 12,000 | 184,601 | 588,753,687 | 10.46 |
| From 12,001 to 120,000 | 47,246 | 1,469,482,578 | 26.12 |
| From 120,001 to 240,000 | 1,967 | 322,986,557 | 5.74 |
| From 240,001 to 1,200,000 | 1,067 | 479,898,447 | 8.53 |
| From 1,200,001 to 15,000,000 | 146 | 465,264,258 | 8.27 |
| Over 15,000,000 | 26 | 2,300,579,174 | 40.88 |
| Total | 235,053 | 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 |
|---|---|
|
Kepler Cheuvreux - Autumn Conference 2021 |
September 13, 2021 (virtual) |
|
Barclays - Global Financial Conference NY |
September 14, 2021 (virtual) |
|
BofA 26th Annual Financials CEO Conference 2021 |
September 21, 2021 (virtual) |
|
Event |
Date |
|---|---|
|
2Q21 Financial results |
July 29, 2021 at 09.00am (CEST) |
|
Blackout 2Q21 Financial results |
15-29 July 2021 |
|
AERI - BofA Made in Iberia Days |
June 22, 2021 (virtual) |
|
Goldman Sachs 25th Annual European Financials Conference |
9 June 2021, Berlin (virtual) |
|
Banco Sabadell Investor & Analyst Day 2021 |
May 28, 2021 (virtual) |
|
Blackout Banco Sabadell Investor & Analyst Day 2021 |
14-28 May 2021 |
|
1Q21 Financial results |
30 April 2021 at 11.30am (CEST) |
|
Blackout 1Q21 Financial results |
16-30 April 2021 |
|
Shareholders’ annual meeting |
26 March 2021, Alicante |
|
Morgan Stanley - Virtual European Financials Conference |
17 March 2021, London (virtual) |
|
4Q20 Financial results |
1 February 2021 at 9.00am (CET) |
|
Blackout 4Q20 Financial results |
18 January - 1 February 2021 |
|
Exane BNP - 11th Spain Investors Day CEO conference |
14 January 2021, Madrid (virtual) |
|
JB Capital - XII Iberian Banks Field Trip |
11 January 2021, Madrid (virtual) |
|
3Q20 Financial results |
30 October 2020 at 13.00h (CEST) |
|
Blackout 3Q20 Financial results |
16-30 October 2020 |
|
2Q20 Financial results |
31 July 2020 at 09.00h (CEST) |
|
Blackout 2Q20 Financial results |
17-31 July 2020 |
|
Citi - Virtual Spanish Banks Trip |
22 June 2020 (virtual) |
|
Goldman Sachs 24th Annual European Financials Conference |
12 June 2020, Rome (virtual) |
|
AERI - BofA Made in Iberia Days |
5 June 2020 (virtual) |
|
2020 Autonomous European Banks and Exchanges Rendez-Vous |
19 May 2020, London (virtual) |
|
KBW UK & European Financials Conference |
12 May 2020, London (virtual) |
|
1Q20 Financial results |
30 April 2020 at 01.00pm (CEST) |
|
Blackout 1Q20 Financial results |
16-30 April 2020 |
|
Shareholders’ annual meeting |
26 March 2020, Alicante |
|
Morgan Stanley European Financials Conference |
17 March 2020, London (virtual) |
|
Speed-Dating Natixis (Fixed income) |
26 February 2020, Paris |
|
Santander Iberian Conference 2020 |
5 February 2020, Madrid |
|
4Q19 Financial results |
30 January 2020 at 06.00pm (CET) |
|
Blackout 4Q19 Financial results |
17-31 January 2020 |
|
TSB Investor & Analyst Day 2019 |
25 November 2019 at 11.00am (CET), London |
|
Blackout TSB Investor & Analyst Day 2019 |
11-25 November 2019 |
|
3Q19 Financial results |
25 October 2019 at 9.00am (CEST) |
|
Blackout 3Q19 Financial results |
11-25 October 2019 |
|
Financial Institutions Group DCM Issuer and Investor Event (Fixed income) |
10 October 2019, Milano |
|
BofAML 24th Annual Financials CEO Conference 2019 |
25 September 2019, London |
|
Euromoney / ECBC Covered Bond Congress 2019 (Fixed income) |
12 September 2019, Munich |
|
Barclays Global Financial Services Conference |
9-10 September 2019, New York |
|
2Q19 Financial results |
26 July 2019 at 9.00am (CEST) |
|
Blackout 2Q19 Financial results |
12-26 July 2019 |
|
Goldman Sachs - Chairmen's Forum |
5 July 2019, London |
|
AFME & IMN's Global ABS |
11-13 July 2019, Barcelona |
|
Goldman Sachs 23th Annual European Financials Conference |
7 June 2019, Paris |
|
Unicredit Conference (Fixed income) |
4 June 2019, Munich |
|
2019 Fidentiis Iberian Company Meetings |
23 May 2019, Madrid |
|
Autonomous Financials Rendez-Vous |
21 May 2019, London |
|
KBW European Financials Conference |
14 May 2019, London |
|
1Q19 Financial results |
26 April 2019 at 9.00am (CEST) |
|
Blackout 1Q19 Financial results |
12-26 October 2019 |
|
Morgan Stanley European Financials Conference |
19 March 2019, London |
|
Deutsche Bank Global Bank Capital Forum (Fixed income) |
13 March 2019, London |
|
Natixis Speed Dating Conference (Fixed income) |
19 February 2019, Paris |
|
Santander Iberian Conference 2019 |
6 February 2019, Madrid |
|
4Q18 Financial results |
1 February 2019 at 8.30am (CET) |
|
Blackout 4Q18 Financial results |
18 January-1 February 2019 |
|
Exane BNP Paribas – Spain Investor Day 2019 |
15 January 2019 |
|
3Q18 Financial Results |
26 October 2018 |
|
2Q18 Financial Results |
27 July 2018 |
|
1Q18 Financial Results |
26 April 2018 |
|
Investor & Analyst Day 2018 |
23 February 2018 |
|
4Q17 Financial Results |
2 February 2018 |
|
3Q17 Financial Results |
27 October 2017 |
|
2Q17 Financial Results |
28 July 2017 |
|
1Q17 Financial Results |
28 April 2017 |
|
4Q16 Financial Results |
27 January 2017 |
|
3Q16 Financial Results |
28 October 2016 |
|
2Q16 Financial Results |
22 July 2016 |
|
1Q16 Financial Results |
22 April 2016 |
|
4Q15 Financial Results |
29 January 2016 |
|
3Q15 Financial Results |
23 October 2015 |
|
2Q15 Financial Results |
24 July 2015 |
|
1Q15 Financial Results |
24 April 2015 |
|
4Q14 Financial Results |
29 January 2015 |
|
3Q14 Financial Results |
30 October 2014 |
|
2Q14 Financial Results |
24 July 2014 |
|
1Q14 Financial Results |
24 April 2014 |
|
4Q13 Financial Results |
23 January 2014 |
|
3Q13 Financial Results |
24 October 2013 |
|
2Q13 Financial Results |
25 July 2013 |
|
1Q13 Financial Results |
25 April 2013 |
|
4Q12 Financial Results |
24 January 2013 |
|
3Q12 Financial Results |
25 October 2012 |
|
2Q12 Financial Results |
25 July 2012 |
|
1Q12 Financial Results |
26 April 2012 |
Equity research analyst coverage (last update: 16.07.2021)
| Broker | Analyst | Date | Target price (€) | Recommendation |
|---|---|---|---|---|
| JB Capital | Maksym Mishyn | 17.05.2021 | 0.73 | Neutral |
| Bestinver | Mario Ropero | 07.06.2021 | 0.73 | Buy |
| Autonomous | Britta Schimdt | 10.05.2021 | 0.71 | Buy |
| Citi | Stefan Nediakov | 27.05.2021 | 0.70 | Neutral |
| Alantra | Francisco Riquel | 03.06.2021 | 0.69 | Neutral |
| AlphaValue | David Grinsztajn | 28.05.2021 | 0.68 | Sell |
| Bankinter | Rafael Alonso | 06.05.2021 | 0.65 | Neutral |
| Société Générale | Carlos Cobo | 31.05.2021 | 0.63 | Neutral |
| Morgan Stanley | Álvaro Serrano | 28.05.2021 | 0.60 | Neutral |
| Deutsche Bank | Alfredo Alonso | 27.05.2021 | 0.60 | Neutral |
| HSBC | Iason Kepaptsoglou | 31.05.2021 | 0.60 | Neutral |
| Barclays | Fernando Gil | 01.06.2021 | 0.59 | Neutral |
| UBS | Ignacio Cerezo | 04.05.2021 | 0.56 | Neutral |
| Berenberg | Andrew Lowe | 07.05.2021 | 0.55 | Neutral |
| Mediobanca | Andrea Filtri | 07.05.2021 | 0.55 | Neutral |
| KBW | Daragh Quinn | 14.05.2021 | 0.55 | Sell |
| Caixabank- BPI | Carlos Peixoto | 31.05.2021 | 0.55 | Sell |
| Norbolsa | Nagore Díez | 25.05.2021 | 0.54 | Sell |
| Exane | Ignacio Ulargui | 28.05.2021 | 0.50 | Sell |
| J.P. Morgan | Sofie Peterzens | 14.05.2021 | 0.45 | Neutral |
| Renta 4 | Nuria Álvarez | 17.02.2021 | 0.40 | Neutral |
| Kepler | Mariano Miguel | 28.05.2021 | 0.40 | Neutral |
| Jefferies | Benjie Creelan | 28.05.2021 | 0.37 | Sell |
| Beka | Marisa Mazo | 27.04.2021 | 0.35 | Sell |
| BofAML | Marta Sánchez | 24.05.2021 | 0.30 | Sell |
| Goldman Sachs | Jernej Omahen | 23.11.2020 | Not rated | Not rated |
| Redburn | Gonzálo López | 07.05.2021 | n/a | Neutral |
| ODDO BHF | Steven Gould | - | - | - |
| Average | 0.56 |
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.
Sabadell Group Consensus 2Q21
| (€M) | 2Q21 |
|---|---|
| Net interest income | 847 |
| Income from equity method and dividend | 11 |
| Commissions | 350 |
| Trading & forex | 18 |
| Other operating results | -95 |
| Gross operating income | 1,131 |
| Personal and administrative costs | -617 |
| Depreciation | -132 |
| Pre provision income | 382 |
| Total provisions & impairments | -340 |
| Gains on sale of assets | 76 |
| Profit before taxes | 118 |
| Taxes and others | -33 |
| Minority interest | -1 |
| Attributable net profit | 84 |
Average based on 24 research analysts' estimates.
Consensus of estimated annual results for Sabadell Group
| (€M) | 2021e | 2022e | 2023e |
|---|---|---|---|
| Net interest income | 3,399 | 3,419 | 3,437 |
| Net fees and commissions | 1,398 | 1,441 | 1,483 |
| Gross income | 4,790 | 4,711 | 4,767 |
| Total expenses | -3,096 | -2,930 | -2,930 |
| Pre-provision profit | 1,694 | 1,781 | 1,837 |
| Attributable net profit | 244 | 425 | 565 |
Average based on 22 research analysts' estimates who have published their figures for the years 2021-23 following the 1Q21 results presentation. The average target price of these analysts is €0.60.
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.
