Banco de Sabadell, S.A. (BNDSF)
- GuruFocus.com
Banco de Sabadell SA's Dividend Analysis
Banco de Sabadell SA (BNDSF) recently announced a dividend of $0.03 per share, payable on 2024-04-18, with the ex-dividend date set for 2024-04-16. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Banco de Sabadell SA's dividend performance and assess its sustainability.
- Reuters
Spain's High Court annuls $100 million in fines for four big Spanish banks
Spain's High Court has annulled 91 million euros ($100 million) of fines imposed on four Spanish banks, including Santander and BBVA, for selling interest rate derivatives to customers above market rates. The competition watchdog imposed the fines after it considered the lenders, which also included Caixabank and Sabadell, had fixed above market rates the price of derivatives that were used to hedge the interest rate risk associated with syndicated loans for project finance. The court upheld the appeals filed by Santander, BBVA Sabadell and Caixabank against the watchdog's rulings of Feb. 13, 2018.
