Banco de Sabadell, S.A. (SAB.MC)
| Previous close | 1.8895 |
| Open | 1.8200 |
| Bid | 1.8835 x 0 |
| Ask | 1.8845 x 0 |
| Day's range | 1.8100 - 1.8980 |
| 52-week range | 0.8960 - 1.9700 |
| Volume | |
| Avg. volume | 34,073,475 |
| Market cap | 10.158B |
| Beta (5Y monthly) | 1.04 |
| PE ratio (TTM) | 7.52 |
| EPS (TTM) | 0.2500 |
| Earnings date | 25 July 2024 - 29 July 2024 |
| Forward dividend & yield | 0.06 (3.18%) |
| Ex-dividend date | 16 Apr 2024 |
| 1y target est | 1.10 |
ReutersSpanish bank Sabadell rejects $12.9 billion BBVA merger proposal
MADRID (Reuters) -Sabadell's board rejected a merger proposal by larger rival BBVA for a 12 billion euro ($12.93 billion) all-share merger, the Spanish lender said on Monday. The country's fourth-largest lender by market value said its board believed BBVA's proposal significantly undervalues the potential of Banco Sabadell and its growth prospects, calling the offer unsolicited. Last week, BBVA had offered an exchange ratio of one newly issued BBVA share for every 4.83 Sabadell shares, a premium of 30% over April 29 closing prices.
- Reuters
UPDATE 3-BBVA, Sabadell to explore possible merger
Spanish lender BBVA and smaller rival Sabadell said on Tuesday that they had started negotiations to explore a possible merger, triggering a rise of more than 7% in Sabadell's shares. BBVA said it had conveyed to the chair of the board of directors of Banco Sabadell the interest of BBVA's board of directors "in initiating negotiations to explore a potential merger transaction between the two entities". Sabadell confirmed that it had received an indicative written proposal from BBVA for a merger on Tuesday afternoon.
GuruFocus.comBanco 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.
