Banco de Sabadell Full Year 2023 Earnings: EPS: €0.24 (vs €0.13 in FY 2022)

Banco de Sabadell (BME:SAB) Full Year 2023 Results

Key Financial Results

• Revenue: €4.90b (up 14% from FY 2022).
• Net income: €1.33b (up 78% from FY 2022).
• Profit margin: 27% (up from 17% in FY 2022).
• EPS: €0.24 (up from €0.13 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Banco de Sabadell Earnings Insights

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Spain.

Performance of the Spanish Banks industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Banco de Sabadell has 4 warning signs (and 2 which are a bit concerning) we think you should know about.

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