Sabadell (SAB SM) - FY (EUR): NII 4.84bln (prev. 5.02bln Y/Y), Net Profit 1.78bln (prev. 1.83bln Y/Y), announced EUR 800mln share buyback programme

Banco de Sabadell reported a slight decline in net interest income and net profit year-over-year, which may raise concerns about its earnings momentum.

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Sabadell (SAB SM) - FY (EUR): NII 4.84bln (prev. 5.02bln Y/Y), Net Profit 1.78bln (prev. 1.83bln Y/Y), announced EUR 800mln share buyback programme

US-Iran talks are reportedly delayed by a few hours

BoJ's Masu says he does not think the BoJ is behind the curve and need to monitor the impact of FX on inflation

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CEO:

  • “We end the year  delivering on our commitments to the market. This enables us to  confirm the forecasts set out in 2025-2027 Strategic Plan and  announce an ambitious share buyback programme."
Context

However, the announcement of an EUR 800 million share buyback program signals management's confidence in the stock's value and their commitment to returning capital to shareholders, potentially supporting the share price in the face of disappointing earnings.

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