Banco de Sabadell (DB:BDSB) - Stock Price, News & Analysis

BDSB Stock Overview

Provides banking products and services to personal, business, and private customers in Spain and internationally.

BDSB fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 44.1% below our estimate of its fair value

Earnings grew by 56.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 2.9% per year for the next 3 years

Unstable dividend track record

Banco de Sabadell, S.A. Competitors

Commerzbank

XTRA:CBK

€16.7b

ProCredit Holding

XTRA:PCZ

€527.7m

Merkur PrivatBank KgaA

XTRA:MBK

€116.7m

Attijariwafa bank

CBSE:ATW

د.م104.0b

Price History & Performance

Summary of all time highs, changes and price drops for Banco de Sabadell
Historical stock prices
Current Share Price	€1.80
52 Week High	€2.08
52 Week Low	€1.02
Beta	1.0
11 Month Change	-5.09%
3 Month Change	23.57%
1 Year Change	75.84%
33 Year Change	206.30%
5 Year Change	95.01%
Change since IPO	-38.58%

Recent updates

Shareholder Returns

	BDSB	DE Banks	DE Market
7D	2.0%	-0.8%	0.09%
1Y	75.8%	22.7%	3.1%

Return vs Industry: BDSB exceeded the German Banks industry which returned 24.3% over the past year.

Return vs Market: BDSB exceeded the German Market which returned 3% over the past year.

Price Volatility

Is BDSB's price volatile compared to industry and market?
BDSB volatility
BDSB Average Weekly Movement	5.1%
Banks Industry Average Movement	3.4%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.7%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: BDSB has not had significant price volatility in the past 3 months.

Volatility Over Time: BDSB's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1881	19,213	Cesar Gonzalez-Bueno Wittgenstein	www.grupbancsabadell.com

Banco de Sabadell, S.A. provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services.

Banco de Sabadell, S.A. Fundamentals Summary

How do Banco de Sabadell's earnings and revenue compare to its market cap?
BDSB fundamental statistics
Market cap	€9.69b
Earnings (TTM)	€1.32b
Revenue (TTM)	€5.16b

7.3x

P/E Ratio

0.7x

P/B Ratio

Is BDSB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BDSB income statement (TTM)
Revenue	€5.16b
Cost of Revenue	€0
Gross Profit	€5.16b
Other Expenses	€3.84b
Earnings	€1.32b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	100.00%
Net Profit Margin	25.60%
Debt/Equity Ratio	233.9%

How did BDSB perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

24%

Payout Ratio

BDSB Stock Overview

Rewards

Risk Analysis

Banco de Sabadell, S.A. Competitors

XTRA:CBK

€16.7b

XTRA:PCZ

€527.7m

XTRA:MBK

€116.7m

CBSE:ATW

د.م104.0b

Price History & Performance

Recent News & Updates

Banco Bilbao Vizcaya Argentaria, S.A. (BME : BBVA) cancelled the acquisition of Banco de Sabadell, S.A. (BME : SAB).

Investor sentiment improves as stock rises 16%

Banco Bilbao Vizcaya Argentaria, S.A. (BME : BBVA) made an offer to acquire Banco de Sabadell, S.A. (BME : SAB) for €11.4 billion.

Banco Bilbao Vizcaya Argentaria Announces Interest in Negotiations with Banco de Sabadell

First quarter 2024 earnings released

Banco de Sabadell, S.A. to Report Q1, 2024 Results on Apr 25, 2024

Recent updates

Banco Bilbao Vizcaya Argentaria, S.A. (BME : BBVA) cancelled the acquisition of Banco de Sabadell, S.A. (BME : SAB).

Investor sentiment improves as stock rises 16%

Banco Bilbao Vizcaya Argentaria, S.A. (BME : BBVA) made an offer to acquire Banco de Sabadell, S.A. (BME : SAB) for €11.4 billion.

Banco Bilbao Vizcaya Argentaria Announces Interest in Negotiations with Banco de Sabadell

First quarter 2024 earnings released

Banco de Sabadell, S.A. to Report Q1, 2024 Results on Apr 25, 2024

Upcoming dividend of €0.024 per share

Full year 2023 earnings released: EPS: €0.23 (vs €0.13 in FY 2022)

Banco de Sabadell, S.A., Annual General Meeting, Apr 10, 2024

Full year 2023 earnings released: EPS: €0.24 (vs €0.13 in FY 2022)

Banco de Sabadell, S.A. to Report Q4, 2023 Results on Feb 01, 2024

Upcoming dividend of €0.024 per share at 5.3% yield

Third quarter 2023 earnings released

Banco de Sabadell, S.A. to Report Q3, 2023 Results on Oct 26, 2023

Second quarter 2023 earnings released

Banco de Sabadell, S.A. to Report Q2, 2023 Results on Jul 27, 2023

Sandton Capital Partners LP agreed to acquire a 50.99% stake in Sistemas Técnicos de Encofrados, S.A. from Banco Santander, S.A. (BME:SAN), CaixaBank, S.A. (BME:CABK) and Banco de Sabadell, S.A. (BME:SAB).

Sandton Capital Partners LP agreed to acquire a 50.99% stake in Sistemas Técnicos de Encofrados, S.A. from Banco Santander, S.A. (BME:SAN), CaixaBank, S.A. (BME:CABK) and Banco de Sabadell, S.A. (BME:SAB).

First quarter 2023 earnings released: EPS: €0.027 (vs €0.025 in 1Q 2022)

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released

Investor sentiment improves as stock rises 18%

Banco de Sabadell, S.A. to Report Q4, 2022 Results on Jan 26, 2023

Upcoming dividend of €0.016 per share

Third quarter 2022 earnings released

Banco de Sabadell, S.A. to Report Q3, 2022 Results on Oct 27, 2022

Vivalto Santé SA agreed to acquire 9.9 % stake in Ribera Salud, S.A. from Banco de Sabadell, S.A. (BME:SAB).

Second quarter 2022 earnings released

AEW Capital Management LP acquired Residential Property in the Santa Catalina district of Palma de Mallorca, Spain from Banco de Sabadell, S.A. (BME:SAB).

Banco de Sabadell, S.A. to Report Q2, 2022 Results on Jul 28, 2022

Now 21% undervalued

First quarter 2022 earnings released: EPS: €0.025 (vs €0.002 in 1Q 2021)

Now 23% undervalued

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 22% undervalued

The Hines European Core Fund, managed by Hines Interests Limited Partnership acquired The Banco Sabadell Tower in Barcelona from Banco de Sabadell, S.A. (BME:SAB).

Third quarter 2021 earnings released

Q-Energy IV, FCR Fund, a fund managed by Q-Energy Private Equity, S.G.E.I.C., S.A. acquired Les Borges Blanques Thermosolar Plant from Banco de Sabadell, S.A. (BME:SAB), COMSA Corporación de Infraestructuras, S.L. and Avançsa, Empresa de Promoció i Localització Industrial de Catalunya, S.A.

Second quarter 2021 earnings released

BNP Paribas Securities Services S.C.A. completed the acquisition of institutional depositary business of Banco de Sabadell, S.A. (BME:SAB).

ALD S.A. (ENXTPA:ALD) signed an agreement to acquire BanSabadell Renting, S.L. from Banco de Sabadell, S.A. (BME:SAB) for €59 million.

New 90-day high: €0.41

Full year 2020 earnings released: €0.013 loss per share (vs €0.13 profit in FY 2019)

Full year 2020 earnings released: €0.013 loss per share (vs €0.13 profit in FY 2019)

Sabadell Updates on Potential Sale of TSB

Full year 2020 earnings released

Banco de Sabadell, S.A.(BME:SAB) dropped from S&P EUROPE 350

Sabadell Calls Off Merger Talks with BBVA

Spain's BBVA and Sabadell Announce Talks on Potential Merger

New 90-day low: €0.25

Third quarter earnings released

Banco de Sabadell, S.A. to Report Q3, 2020 Results on Oct 30, 2020

New 90-day low: €0.27

Funds managed and/or advised by Oaktree Capital Management, L.P. completed the acquisition of SDIN Residencial, S.L.U. and a pool of real estate assets from Banco de Sabadell, S.A. (BME:SAB).

New 90-day high - €0.39

First half earnings released

Banco de Sabadell, S.A. to Report Q2, 2020 Results on Jul 31, 2020

Banco de Sabadell, S.A.(BME:SAB) dropped from S&P Global 1200

Shareholder Returns