Banco Sabadell doubles its profits and reinforces the dividend
Banco Sabadell has recorded a net profit of 709 million euros at the end of the third quarter of the year, a figure that improves the figure for the previous year by 92%. The new credit concessions in the customer segment and the higher interest margin due to rate hikes to control inflation trigger the group’s profit, which will offer a dividend of 0.02 euros per share to be paid in December and raises the pay-out ratio at 40%.
*The article has been translated based on the content of lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!
For all the latest news click here
Denial of responsibility! HOS is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at firstname.lastname@example.org The content will be deleted within 24 hours.