Sabadell earns €1.775 billion in 2025, down 2.8%, after the failed takeover bid

BarcelonaFor Banc Sabadell, 2025 was a year marked by BBVA's takeover bid, which ultimately failed for the Basque bank. However, during the year, the bank, chaired by Josep Oliu and with César González-Bueno as CEO –despite announcing his retirement this Thursday and will leave his post in May – earned €1.775 billion, slightly less than the previous year (-2.8%), when the figure was €1.827 billion. However, the bank maintains that net profit, excluding extraordinary items, increased by 3.4% compared to the previous year.

The bank has also announced an €800 million share buyback plan that will begin next Monday, February 9. This figure includes €365 million charged against 2025 results, plus €435 million from excess capital generated above the 13% target. In this respect, this €800 million remuneration, together with the €700 million distributed as cash dividends against 2025 results, brings the total remuneration for the year to €1.5 billion.

In addition, as announced by the entity during the takeover battle, Sabadell will pay an extraordinary dividend of 50 cents per share. through the sale of Santander's British subsidiary, TSBThis means distributing around 4 billion to shareholders over twelve months.

Increased credit

The bank remains committed to the objectives of its 2025-2027 strategic plan and has announced plans to increase commercial activity in Spain at a faster pace than the market in most business segments. It also expects to grow its loan portfolio, improve its risk profile, increase revenue, and maintain efficient cost management. Sabadell has also increased its outstanding loan portfolio by 2.4% "thanks to strong performance in Spain," the bank states, with growth in all segments, reaching €160.708 billion. Specifically, outstanding loan portfolio (including TSB) closed last December with a balance of €119.615 billion, 5.4% higher than a year earlier; a figure that rises to €103.300 billion (+5.2%) after excluding international operations. In Spain, mortgage lending rose 5.2% year-on-year to €39.8 billion. The largest increase was in consumer credit, which reached €5.4 billion, 17.8% more than the previous year. As for loans and credit to businesses, the total portfolio grew by 2.4% year-on-year to €44.8 billion. Credit card transactions also showed a positive trend, increasing by 6% year-on-year to €26.611 billion; and POS terminal transactions increased by 2% year-on-year to €57.947 billion.

Regarding banking business income (net interest income plus net fees), it totaled €6.221 billion for 2025 (-2.5%). Net interest income reached €4.837 billion, a year-on-year decrease of 3.7%, in line with expectations, mainly due to lower interest rates, according to the bank. Finally, the group's non-performing loan ratio improved to 2.37%.