Banco de Sabadell, S.A. (BNDSF)
| Previous Close | 1.9600 |
| Open | 2.0450 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 2.0450 - 2.0450 |
| 52 Week Range | 1.0500 - 2.3100 |
| Volume | |
| Avg. Volume | 2,009 |
| Market Cap | 10.964B |
| Beta (5Y Monthly) | 1.00 |
| PE Ratio (TTM) | 7.87 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.07 (3.09%) |
| Ex-Dividend Date | Apr 16, 2024 |
| 1y Target Est | N/A |
- Reuters
Spain's BBVA plans to roll out digital bank in Germany
Spain's second largest bank BBVA is planning to extend its digital banking services to Germany as it seeks to boost customer numbers and mirror its success in Italy, the bank's country manager in Spain said on Wednesday. BBVA, which recently submitted a hostile 12.28 billion euro ($13.20 billion) takeover offer for Sabadell, has invested heavily in digital banking services and like larger Spanish rival Santander, has been expanding in emerging economies, such as Mexico, when it struggled in the past to boost income in mature markets. In October 2021, BBVA entered the consumer lending market in Italy by offering free online accounts to take advantage of a shift to digital banking there during the pandemic.
- Reuters
BBVA vows to stand by Sabadell's small business customers
SANTANDER, Spain (Reuters) -Spain's BBVA sought on Monday to ease concerns about its 12.28 billion euro ($13.15 billion) bid for smaller rival Sabadell by saying it would continue Sabadell's lending arrangements with its small and medium-sized business clients for at least a year. The bid, which is opposed by the Spanish government, was rejected by Sabadell's board, prompting BBVA to launch a hostile offer directly to Sabadell's shareholders in its latest attempt at a deal, after a failed effort in 2020. Some of Sabadell's many small and medium-sized enterprise (SME) customers in its home region of Catalonia have expressed concern that BBVA might not continue to work with them in the event of a deal going through.
- Reuters
Exclusive-Sabadell pauses closing of Nexi deal following BBVA bid, sources say
Spain's Sabadell has postponed the completion of the sale of its retailers' payments business to Nexi after becoming the target of a hostile takeover by BBVA, two sources with knowledge of the matter said. "The plans are expected to continue as soon as the outcome of the takeover bid is clarified," the source said. Spokespeople for Sabadell and Nexi declined to comment.
