Sabadell stock: Q3 profit strengthens as dividend plan advances

Published on 11/02/2026 at 18:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sabadell stock follows a stronger recurring quarter and a planned interim cash dividend. Management kept its 2026 and 2027 profitability targets in view.

Quarterly momentum and shareholder returns

Recurring third-quarter profit reached EUR 405 million, up 13% from the second quarter.
Banco Sabadell will pay an interim cash dividend of 7 euro cents per share on December 29.
Credit growth, customer funds and profitability targets support the bank's shareholder-return outlook.

Sabadell, ES0113860A34, Illustration mit AI erstellt.

Banco Sabadell reported stronger recurring earnings for the third quarter on October 29 and announced an interim cash dividend. According to the Banco Sabadell release, recurring profit reached EUR 405 million in the third quarter, 13% above the second quarter.

Revenue growth supports profitability

Core banking revenue excluding TSB rose 2.4% quarter on quarter to EUR 1.26 billion. Net interest income increased 2% to EUR 920 million, while fees and commissions grew 3.7% to EUR 340 million. Recurring return on tangible equity advanced from 13.6% in June to 14.2%.

The bank expects net interest income to increase by around 1% for 2026 and fee income by about 4%. Recurring costs are expected to rise by around 2% for the full year. The outlook leaves management on track for recurring return on tangible equity targets of 14.5% in 2026 and 16% in 2027.

More capital reaches shareholders

Banco Sabadell will pay an interim cash dividend of 7 euro cents per share on December 29, distributing EUR 325 million. The payment follows a EUR 331 million share buyback programme launched in July, with EUR 57 million still pending execution, and a EUR 0.50 extraordinary dividend paid in May after the sale of TSB.

The company also reported 4% year-on-year growth in performing loans and a 5.6% increase in customer funds. Its fully loaded CET1 ratio reached 13.12%, supporting the bank's stated capacity for shareholder remuneration.

Sabadell stock traded at EUR 3.51 on Lang & Schwarz at 18:04 CET on Monday, November 2, 2026. Investors can follow the real-time quote of Sabadell stock.