Sabadell stock trades at 3.69 euros after stronger Q3 profit
Published on 11/09/2026 at 18:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit Growth And Shareholder Returns
- Recurring third-quarter profit rose as core banking revenue returned to quarterly growth.
- Banco Sabadell plans a 7 euro-cent interim cash dividend for December 29.
- Management kept its 2026 and 2027 recurring RoTE targets in view.
Banco Sabadell delivered stronger recurring earnings in the third quarter and announced a new interim cash dividend, according to the Banco Sabadell results release published on October 29, 2026.
Recurring Profit Gains Momentum
Recurring profit reached 405 million euros in the third quarter, up 13 percent from the second quarter. Core banking revenue excluding TSB rose 2.4 percent quarter on quarter to 1.26 billion euros, with net interest income increasing 2 percent to 920 million euros and fees and commissions rising 3.7 percent to 340 million euros.
Reported net profit for the first nine months was 1.376 billion euros, down 1 percent year on year. The figure includes TSB's contribution during the first four months of 2026 and a net gain of 322 million euros from the sale of the British business, alongside other one-off effects.
Targets And Capital Returns
Recurring return on tangible equity improved to 14.2 percent. Management kept its recurring RoTE targets of 14.5 percent for 2026 and 16 percent for 2027, while the non-performing loan ratio declined to 2.4 percent in the third quarter.
Banco Sabadell will pay an interim cash dividend of 7 euro cents per share on December 29, with a total distribution of 325 million euros. The payment supplements the 331 million euro share buyback launched in July, of which 57 million euros remained to be executed in the company's release.
Sabadell stock traded at 3.69 euros on Lang & Schwarz at 18:08 CET on Monday, November 9, 2026. The quote was 3.42 euros in the October 31 report, making the change since that report 7.89 percent.
Banco Sabadell Stock Facts
- Company: Banco de Sabadell, S.A.
- ISIN: ES0113860A34
- Ticker: SAB.MC
- Home exchange: BME
- Lang & Schwarz quote: 3.69 euros on November 9, 2026 at 18:08 CET
- Change since October 31 report: 7.89 percent from 3.42 euros
- Third-quarter recurring profit: 405 million euros
- Interim dividend: 7 euro cents per share, payable December 29, 2026
- Fully loaded CET1 ratio: 13.12 percent
Spanish banking stocks remain sensitive to interest-rate expectations, credit quality and shareholder distributions; investors can follow the IBEX 35 for broader Spanish equity-market signals.
