Latest news with #EspañaBancaria
Bloomberg
5 days ago
- Business
- Bloomberg
BBVA's Latest Setback Leaves Analysts Split Over Sabadell Deal
Spain's decision to delay a possible merger of BBVA SA with Banco Sabadell SA is leaving analysts divided over whether the deal will still go ahead. The government's announcement on Tuesday that the two banks would have to keep their operations separate for as long as five years has dented expectations of quick cost savings. BBVA has said it's evaluating the impact of the new hurdles.
Wall Street Journal
08-05-2025
- Business
- Wall Street Journal
Sabadell Net Income Beats Views
Photo: albert gea/Reuters Banco de Sabadell SAB 1.51%increase; green up pointing triangle reported a rise in first-quarter net profit that beat views, bolstering its case for remaining independent as it contends a hostile takeover from larger peer Banco Bilbao Vizcaya Argentaria BBVA 0.28%increase; green up pointing triangle . The Spanish lender said net profit rose 59% to 489 million euros ($552.7 million) in the three months ended March. The result beat expectations of a 438 million-euro figure taken from a company-compiled consensus.
