Previous close | 1.6000 |
Open | 1.6000 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 1.6000 - 1.6000 |
52-week range | 0.9900 - 1.6000 |
Volume | |
Avg. volume | 6,719 |
Market cap | 8.645B |
Beta (5Y monthly) | 1.04 |
PE ratio (TTM) | 6.67 |
EPS (TTM) | 0.2400 |
Earnings date | N/A |
Forward dividend & yield | 0.07 (4.11%) |
Ex-dividend date | 16 Apr 2024 |
1y target est | N/A |
MADRID/LONDON (Reuters) -TSB, the British lender owned by Spain's Sabadell, will cut jobs and close branches to improve its efficiency, the CEO of the Spanish bank told a press conference on Thursday after TSB set aside restructuring costs of 29 million pounds. TSB's restructuring costs set aside in 2023 results published on Thursday include 24.4 million pounds ($30.88 million) estimated employee severance costs, the bulk of which will fall this year, the bank said in its annual report. Asked whether that would involve a reduction in staff and branches, Sabadell CEO Cesar Gonzalez-Bueno told reporters: "Yes, it will include both."
Spain's High Court has annulled 91 million euros ($100 million) of fines imposed on four Spanish banks, including Santander and BBVA, for selling interest rate derivatives to customers above market rates. The competition watchdog imposed the fines after it considered the lenders, which also included Caixabank and Sabadell, had fixed above market rates the price of derivatives that were used to hedge the interest rate risk associated with syndicated loans for project finance. The court upheld the appeals filed by Santander, BBVA Sabadell and Caixabank against the watchdog's rulings of Feb. 13, 2018.
Banco de Sabadell SA (BNDSF) recently announced a dividend of $0.03 per share, payable on 2023-12-29, with the ex-dividend date set for 2023-12-27. Using the data from GuruFocus, let's look into Banco de Sabadell SA's dividend performance and assess its sustainability. What Does Banco de Sabadell SA Do?