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-24 | mar-24 | dec-23 | sep-23 | jun-23 | |
|---|---|---|---|---|---|
| Number of shareholders | 196,497 | 205,510 | 213,560 | 218,033 | 220,614 |
| Number of outstanding shares (M) at the end of the period 1 | 5,361.44 | 5,413.73 | 5,403.04 | 5,431.64 | 5,584.03 |
| Closing session (end of quarter) (€) | 1.801 | 1.455 | 1.113 | 1.101 | 1.054 |
| High (of the year) (€) | 1.972 | 1.469 | 1.364 | 1.334 | 1.334 |
| Low (of the year) (€) | 1.105 | 1.105 | 0.873 | 0.873 | 0.873 |
| Market capitalisation (€M) | 9,653.3 | 7,877.0 | 6,013.6 | 5,977.5 | 5,885.6 |
| EPS | 0.27 | 0.24 | 0.22 | 0.19 | 0.17 |
| PER | 6.75 x | 6.02 x | 5.05 x | 5.75 x | 6.37 x |
| TBV | 2.31 | 2.27 | 2.20 | 2.17 | 2.08 |
| P/TBV | 0.78 x | 0.64 x | 0.51 x | 0.51 x | 0.51 x |
| Nominal value | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 |
1. Number of shares excluding treasury stock.
| Date | Action | New shares | Total shares | Nominal value (€) | Capital (€) | Voting rights |
|---|---|---|---|---|---|---|
| 11.12.2023 | Capital reduction | -186,743,254 | 5,440,221,447 | 0.125 | 680,027,681 | 5,440,221 |
| 23.11.2017 | Capital increase · Final conversion of Subordinated Mandatory Convertible Debentures (OSNC) IV/2013 | 10,813,505 | 5,626,964,701 | 0.125 | 703,370,588 | 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 | 702,018,900 | 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 | 5,601,430 |
| 04.05.2016 | Capital increase· Scrip dividend | 127,016,761 | 5,566,261,753 | 0.125 | 695,782,719 | 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 | 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 | 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 | 664,759,585 | 6,647,595 |
Here you can access information held in the public records of the National Securities Market Commission (CNMV) on Significant Holdings in Banco Sabadell and its Own Shares.
Banco Sabadell is not aware of any shareholders’ agreements currently in effect.
In this section you can download shareholder remuneration policy.
| Year | Type | Payment date | Ex-dividend date | Gross amount (€) | Net amount (€) | |
|---|---|---|---|---|---|---|
| 2024 | Interim dividend | 01.10.2024 | 27.09.2024 | 0.08 | 0.0648 | |
| Total | 0.08 | 0.0648 | ||||
| 2023 | Final dividend | 18.04.2024 | 16.04.2024 | 0.03 | 0.0243 | |
| 2023 | Interim dividend | 29.12.2023 | 27.12.2023 | 0.03 | 0.0243 | |
| Total | 0.06 | 0.0486 | ||||
| 2022 | Final dividend | 31.03.2023 | 29.03.2023 | 0.02 | 0.0162 | |
| 2022 | Interim dividend | 30.12.2022 | 28.12.2022 | 0.02 | 0.0162 | |
| Total | 0.04 | 0.0324 | ||||
| 2021 | Dividend | 01.04.2022 | 30.03.2022 | 0.03 | 0.0243 | |
| Total | 0.03 | 0.0243 | ||||
| 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 |
|---|---|
|
Blackout 4Q24 Financial results |
January 23 - February 7, 2025 |
|
4Q24 Financial results |
February 7, 2025 at 09:00 am (CET) |
|
Event |
Date |
|---|---|
|
CACIB Global Sustainable Finance Conference |
9-10 December, 2024 (Paris) |
|
Citi - Annual Lisbon Financials Credit Investor Event |
November 27, 2024 (Lisbon) |
|
HSBC - ESG Iberian Speed Dating |
November 25, 2024 (Virtual) |
|
JP Morgan European Financials Conference |
November 22, 2024 (London) |
|
Santander FIG Debt Conference |
November 21, 2024 (Madrid) |
|
UBS - European Conference |
November 13, 2024 (London) |
|
Bofa - UK Hedge fund |
November 12, 2024 (London) |
|
JB Capital - Iberian Banks Conference |
November 7, 2024 at 09.30am (CET) (Madrid) |
|
Bernstein Societe Generale Group - Virtual European ESG Conference |
November 6, 2024 (virtual) |
|
3Q24 Financial results |
October 31, 2024 at 13.00 (CET) |
|
Blackout 3Q24 Financial results |
October 16 - October 31, 2024 |
|
Online meeting for retail shareholders |
October 3, 2024 at 05.30pm (CEST) (Virtual) |
|
UniCredit - evento Milán |
October 1, 2024 (Milan) |
|
BofA - 29th Annual Financials CEO Conference |
24 – 26 September 2024 (London) |
|
Baader Investment Conference |
September 23, 2024 (Munich) |
|
JP Morgan - Field trip |
September 20, 2024 at 11.15am (CEST)(Madrid) |
|
Natixis FIG Conference |
19-20 September, 2024 (Paris) |
|
MS - Southern European FIG Conference |
September 18, 2024 (London) |
|
Euromoney/ECBC Covered Bond Congress |
September 12, 2024 (Oporto) |
|
Barclays Yankee Financials Credit Forum |
11-12 September 2024 (New York) |
|
Barclays - Global Financial Services |
10-11 September 2024 (New York) |
|
Morgan Stanley - Field trip |
September 5, 2024 (Madrid) |
|
BofA - Speed dating Copenhagen |
September 5, 2024 (Copenhagen) |
|
CaixaBank-BPI - XXI Iberian Conference |
September 5, 2024 (Madrid) |
|
2Q24 Banco Sabadell Results Presentation |
July 23, 2024 at 09.00am (CEST) |
|
Blackout 2Q24 Financial results |
July 8 - July 23, 2024 |
|
Nomura - Southern European Fund Day |
July 3, 2024 (London) |
|
UBS Financial Institutions Conference |
13-14 June, 2024 (Laussane) |
|
GS European Financials Conference |
5-6 June, 2024 (Madrid) |
|
AFME & IMN - Global ABS Conference |
4-6 June, 2024 (Barcelona) |
|
GS - European Financials Fixed Income Investor Day |
June 4, 2024 (Madrid) |
|
DB - Global Financial Services Conference |
March 30, 2024 (New York) |
|
Citi – Nordic FIG investors |
May 29, 2024 (Helsinki) |
|
BME - Foro MedCap 2024 |
May 28, 2024 (Madrid) |
|
UBS Best of Europe Virtual 1on1 Conference |
14-16 May, 2024 (Virtual) |
|
ABN AMRO Benelux Investor Day |
May 14, 2024 (Amsterdam) |
|
DB - Iberian Financial Institutions Investor Day |
May 9, 2024 (Virtual) |
|
Blackout 1Q24 Financial results |
April 10 - April 25, 2024 |
|
1Q24 Financial results |
April 25, 2024 at 09.00am (CEST) |
|
BofA - Speed dating Italy Swiss |
April 10, 2024 (Virtual) |
|
Shareholders' General Meeting |
April 10, 2024 at 11.00 am (CEST) |
|
Unicredit - FIG Conference |
April 9, 2024 (Milan) |
|
BofA – ESG Speed Dating Event |
March 21, 2024 (Virtual) |
|
Jefferies - Pan-European Mid-Cap Conference |
19 March, 2024 (London) |
|
Online meeting for retail shareholders |
March 14, 2024 at 05.30pm (CET) (Virtual) |
|
SG - Institutions Fixed Income Conference |
March 14, 2024 (London) |
|
Morgan Stanley - European Financials Conference |
12-13 March, 2024 (London) |
|
UBS - Amsterdam Conference |
March 12, 2024 (Amsterdam) |
|
JPM - Group Investor Tour (Dutch & Spanish Financial Tour) |
March 8, 2024 at 09.00am (CET) (Madrid) |
|
ING – BNP FIG Investor Day |
March 7, 2024 (Paris) |
|
Natixis - Virtual ESG Conference |
6-7 March, 2024 (Virtual) |
|
Citi - FIG London Investor Day |
March 5, 2024 (London) |
|
Santander speed dating |
February 28, 2024 (London) |
|
4Q23 Financial results |
February 1, 2024 at 09.00am (CET) |
|
Blackout 4Q23 Financial results |
January 17 - February 1, 2024 |
|
JB Capital - Iberian Banks Conference |
January 9, 2024 at 17.00am (CET) (Madrid) |
Equity research analyst coverage
| Broker | Analyst | Date | Target price (€) | Recommendation |
|---|---|---|---|---|
| Barclays | Cecilia Romero | 16.01.2025 | 2.00 | Neutral |
| Exane | Ignacio Ulargui | 14.01.2025 | 2.25 | Neutral |
| Alantra | Francisco Riquel | 08.01.2025 | 2.55 | Buy |
| RBC | Pablo de la Torre | 24.12.2024 | 2.15 | Buy |
| Renta 4 | Nuria Álvarez | 19.12.2024 | 2.50 | Buy |
| Citi | Borja Ramirez | 03.12.2024 | 2.00 | Neutral |
| KBW | Hugo Cruz | 22.11.2024 | 2.30 | Buy |
| AlphaValue | David Grinsztajn | 20.11.2024 | 2.86 | Buy |
| Deutsche Bank | Alfredo Alonso | 18.11.2024 | 2.30 | Buy |
| Kepler | Jacques-Henri Gaulard / Maria Antonia Casado | 12.11.2024 | 2.10 | Neutral |
| Autonomous | Britta Schmidt | 11.11.2024 | 2.16 | Neutral |
| Bankinter | Rafael Alonso | 08.11.2024 | 2.25 | Neutral |
| UBS | Ignacio Cerezo | 05.11.2024 | Restricted | Restricted |
| HSBC | Domenico Santoro | 04.11.2024 | 2.11 | Buy |
| ODDO BHF | Steven Gould | 04.11.2024 | 2.10 | Neutral |
| JB Capital | Maksym Mishyn | 31.10.2024 | 2.80 | Buy |
| GVC Gaesco | Marisa Mazo | 24.10.2024 | 2.33 | Buy |
| BofA | Antonio Reale | 21.10.2024 | 2.30 | Neutral |
| Caixabank- BPI | Carlos Peixoto | 14.10.2024 | 2.15 | Neutral |
| Santander | Ignacio Mendez | 11.09.2024 | 2.31 | Buy |
| Bestinver | Javier Beldarrain | 10.09.2024 | 2.20 | Buy |
| Kutxabank Investments | Ane Roa | 24.07.2024 | 2.30 | Buy |
| Mediobanca | Andrea Filtri | 30.04.2024 | Restricted | Restricted |
| JP Morgan | Sofie Peterzens | 26.04.2024 | Restricted | Restricted |
| Morgan Stanley | Álvaro Serrano | 05.04.2024 | Restricted | Restricted |
| Redburn | Gonzalo López | 18.03.2024 | 1.43 | Neutral |
| Average | 2.25 | |||
| Analysts' average published post 3Q24 | 2.30 |
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) | 2024 | 2025 | 2026 |
|---|---|---|---|
| Net interest income | 4,975 | 4,967 | 4,976 |
| Net fees and commissions | 1,349 | 1,380 | 1,414 |
| Gross income | 6,271 | 6,269 | 6,317 |
| Total expenses | -3,098 | -3,142 | -3,232 |
| Pre-provision profit | 3,174 | 3,127 | 3,085 |
| Provisions | -772 | -820 | -860 |
| Attributable net profit | 1,674 | 1,594 | 1,517 |
Average based on 14 research analysts' estimates for the years 2024-26 who have published their figures following the 3Q24 results presentation. The average target price of these analysts is €2.27.
Data updated as at 04.12.2024.
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.
