Previous close | 10.01 |
Open | 10.11 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 10.11 - 10.16 |
52-week range | 7.77 - 12.19 |
Volume | |
Avg. volume | 0 |
Market cap | 61.154B |
Beta (5Y monthly) | 1.51 |
PE ratio (TTM) | 8.19 |
EPS (TTM) | 1.24 |
Earnings date | 31 Oct 2024 |
Forward dividend & yield | 0.46 (5.63%) |
Ex-dividend date | 03 Apr 2023 |
1y target est | N/A |
The CEO of Spain's Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend off an around 12 billion euro hostile takeover by rival BBVA. In July, Sabadell said it expected to end 2024 with a net profit above 1.4 billion euros, taking into account a target of above 13% for the year's return on tangible equity ratio, a measure of profitability.
The Spanish bank is pushing further into the blockchain space through a partnership with the payments giant.
Spanish lender BBVA and U.S. investor KKR said on Friday they had formed a strategic partnership focused on investments linked to the world's climate-driven transition to a low-carbon economy. BBVA will invest $200 million in KKR's Global Climate Strategy, the companies said in a joint statement during New York Climate Week, and the initiative will also look into finding climate infrastructure-related investments. It is an immense opportunity, said BBVA's global head of sustainability and corporate & investment banking at BBVA, Javier Rodriguez Soler.