Banco Sabadell gained corporate business despite BBVA's takeover bid

BarcelonaBBVA's takeover bid for Banc Sabadell was a process that lasted almost a year and a half and was ultimately rejected by shareholders. During this period, both entities dedicated significant resources, one to achieving its objectives and the other to defending itself. However, Sabadell managed to increase its corporate banking business, one of its pillars. It has reached a 16.25% share of total corporate lending (CIRBE), compared to 13.28% last year, and the number of clients in this segment has grown from 65,000 to 85,600 in a year, according to Eduardo Currás de Don Pablos, Deputy General Manager and Head of Corporate Banking at the bank. The entity is achieving the objectives it set just before the takeover bid, which was finalized on May 9, 2024. One of these objectives is to reach a CIRBE share of 20%. In any case, the bank has lowered the customer threshold from €10 million in revenue to €2 million and has added the start-ups

In this way, large company clients (more than 10 million in revenue) remained at 30,000 in 2025, while those with more than two million in revenue increased from 35,000 in 2024 to 50,000 this year, plus the start-upsThis allows for improved figures in this business. Assets under management in the corporate banking business have increased from €24 billion to €32 billion by 2025, and liabilities from €28 billion to €34 billion. The bank has strengthened its management model with specialized professionals and agile financing response, among other measures. BBVA, the other participant in the takeover bid, has substantially increased its high-net-worth client business. Its private banking wealth segment in Spain (clients with more than €2 million) has grown by 38% in the last two years, reaching €42.13 billion under management, according to data from October 2025. And its client base has increased by 17%, to 12,188. These results were presented during BBVA's Wealth Banking Conference, a biennial event where the bank brings together wealth management bankers to share trends, analyze the economic context, and present the evolution of the wealth management and advisory model.