Investing.com - Banco de Sabadell reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Banco de Sabadell announced earnings per share of €0.03 on revenue of €1.26B. Analysts polled by Investing.com anticipated EPS of €0.0019 on revenue of €1.08B.
Banco de Sabadell shares are up 17% from the beginning of the year and are trading at €0.6979 , down-from-52-week-high.They are outperforming the IBEX 35 which is down 0.55% from the start of the year.
Banco de Sabadell shares gained 6.81% in intra-day trade the report.
Banco de Sabadell follows other major Financial sector earnings this month
Banco de Sabadell's report follows an earnings beat by Bankinter on Wednesday, January 19, 2022, who reported EPS of €0.09 on revenue of €432.4M, compared to forecasts EPS of €0.0571 on revenue of €422M.
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