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Sabadell Q2 profit up 28% on TSB gains
x/the-united-kingdom
— Jul 24, 2026
Banco Sabadell posted a 28% rise in Q2 net profit to €624 million, helped by a €322 million capital gain from the sale of its UK unit TSB, and provided pro forma figures showing a 48% jump in recurring profit to €608 million. The bank also unveiled a €331 million share buyback while noting that net interest income fell 0.4% on a pro forma basis, though lending volumes and customer funds continued to grow, signaling solid momentum amid higher rates.
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