Banco Sabadell Reports 1% Profit Decline in First Nine Months

Banco Sabadell reported a profit of 1.376 billion euros for the first nine months of 2026, marking a 1% decrease compared to the same period in the previous year. The bank is currently navigating a period of adjustment following the failed takeover bid by BBVA, which concluded one year ago.

January to September 2026

The reported financial results include 79 million euros contributed by TSB, the bank’s former British subsidiary. Banco Sabadell completed the sale of TSB to Santander in May. Excluding the contribution from the British unit, the bank’s earnings would have risen by 13% during this nine-month timeframe.

Current Financial Standing

Banco Sabadell continues to adjust its operations following the collapse of the BBVA acquisition attempt last year. While the headline profit figure shows a slight decline, the underlying performance of the bank’s core business remains positive when accounting for the divestment of its UK assets.

Why it matters: This report highlights the financial stabilization of Banco Sabadell after significant market volatility surrounding the failed BBVA takeover. For investors and stakeholders, the 13% growth in core earnings, excluding the sold TSB unit, indicates a potential rebound in operational efficiency as the institution moves past the failed merger.