Banco de Sabadell

Banco de Sabadell reported a net profit of €971m for H1 2026, including a one-off net capital gain from the sale of TSB; adjusted recurring profit excluding TSB and one-offs was €691m. In Q2, adjusted profit rose sequentially by 8.4% and net interest income amounted to €1.77bn. The bank announced an ECB-approved share buyback program of €331m (around 2.1% of share capital) and had previously cancelled about 119.75m own shares (approx. 2.45% of prior capital). The combination of operational recovery and capital return pushed the share price up about 3.7% to €3.375. » More on de.investing.com

Re-elected president Joan Laporta has appointed Sergio Serrano, an executive from Banco Sabadell, as FC Barcelona’s new financial director to lead the final phase of the club’s restructuring. Serrano’s main task is refinancing Barça’s reported €2.5 billion debt, which includes a €1.45 billion Goldman Sachs loan tied to the Espai Barça project. Laporta may seek member approval to increase that loan by €300–400 million while maintaining competitiveness on the pitch through selective signings and youth promotion. » More on forbes.com

Banco de Sabadell reported Q1 2026 EPS of €0.0705 versus a forecast of €0.0907 (−22.27%), while revenue of €1.52bn exceeded expectations by 10.14%. The sale of TSB was completed, ROTE stands at 14.1% and the CET1 ratio at 13.18%. The bank confirms guidance for net interest income growth of more than 1% for 2026; the stock showed a mixed price reaction after the results. » More on de.investing.com