Banco Sabadell Trims NII Outlook as Q3 Recurring Profit Rises 13% Quarter Over Quarter
Photo: TokenPost
Banco Sabadell trimmed its 2026 net interest income growth outlook to about 1% on Oct. 29, while third-quarter recurring net profit climbed 13% from the previous quarter to €405 million. That projection is below the bank’s July forecast of growth above 1%. The October guidance points to a reduction but does not quantify its size. For July through September, core banking revenue excluding TSB reached €1.26 billion, up 2.4% from the second quarter. The measure combines net interest income with fees and commissions, before expenses are deducted.
Source: TokenPost
