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Banco de Sabadell

Market Cap

€3.8b

Last Updated

2021/05/16 00:57 UTC

Data Sources

Company Financials +

Executive Summary

Banco de Sabadell, S.A. provides banking products and services to personal, business, and private customers in Spain and internationally. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Banco de Sabadell's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SAB is more volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SAB's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Spanish stocks.


Market Performance


7 Day Return

11.3%

SAB

4.7%

ES Banks

0.9%

ES Market


1 Year Return

134.0%

SAB

90.0%

ES Banks

36.3%

ES Market

Return vs Industry: SAB exceeded the Spanish Banks industry which returned 90% over the past year.

Return vs Market: SAB exceeded the Spanish Market which returned 36.3% over the past year.


Shareholder returns

SABIndustryMarket
7 Day11.3%4.7%0.9%
30 Day46.4%14.3%5.3%
90 Day71.3%15.8%9.4%
1 Year134.0%134.0%94.1%90.0%42.1%36.3%
3 Year-55.4%-58.0%-25.9%-32.2%3.8%-5.7%
5 Year-51.3%-56.9%2.7%-13.9%29.7%10.0%

Long-Term Price Volatility Vs. Market

How volatile is Banco de Sabadell's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Banco de Sabadell undervalued compared to its fair value and its price relative to the market?

0.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SAB (€0.68) is trading above our estimate of fair value (€0.31)

Significantly Below Fair Value: SAB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SAB is unprofitable, so we can't compare its PE Ratio to the Spanish Banks industry average.

PE vs Market: SAB is unprofitable, so we can't compare its PE Ratio to the Spanish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SAB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SAB is good value based on its PB Ratio (0.3x) compared to the ES Banks industry average (0.7x).


Future Growth

How is Banco de Sabadell forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

46.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: SAB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SAB's is expected to become profitable in the next 3 years.

Revenue vs Market: SAB's revenue (2% per year) is forecast to grow slower than the Spanish market (7.6% per year).

High Growth Revenue: SAB's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SAB's Return on Equity is forecast to be low in 3 years time (3.8%).


Past Performance

How has Banco de Sabadell performed over the past 5 years?

-25.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SAB is currently unprofitable.

Growing Profit Margin: SAB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SAB is unprofitable, and losses have increased over the past 5 years at a rate of 25.6% per year.

Accelerating Growth: Unable to compare SAB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SAB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-57%).


Return on Equity

High ROE: SAB has a negative Return on Equity (-0.11%), as it is currently unprofitable.


Financial Health

How is Banco de Sabadell's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SAB's Assets to Equity ratio (19.4x) is moderate.

Allowance for Bad Loans: SAB has a low allowance for bad loans (58%).

Low Risk Liabilities: 83% of SAB's liabilities are made up of primarily low risk sources of funding.

Loan Level: SAB has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: SAB's Loans to Deposits ratio (82%) is appropriate.

Level of Bad Loans: SAB has a high level of bad loans (3.5%).


Dividend

What is Banco de Sabadell current dividend yield, its reliability and sustainability?

2.61%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SAB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SAB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SAB is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SAB's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Cesar Gonzalez-Bueno Wittgenstein (60 yo)

0.42

Tenure

Mr. Cesar Gonzalez-Bueno Mayer Wittgenstein is Chief Executive Officer and Executive Director at Banco de Sabadell, S.A. since December 17, 2020. Mr. Wittgenstein has been Non-Executive Director at TSB Ban...


Leadership Team

Experienced Management: SAB's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: SAB's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco de Sabadell, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco de Sabadell, S.A.
  • Ticker: SAB
  • Exchange: BME
  • Founded: 1881
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €3.799b
  • Shares outstanding: 5.58b
  • Website: https://www.bancsabadell.com

Number of Employees


Location

  • Banco de Sabadell, S.A.
  • Avenida Óscar Esplá, 37
  • Alicante
  • 3007
  • Spain

Listings


Biography

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 sav...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 00:57
End of Day Share Price2021/05/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.