Banco Sabadell H1 FY26 net profit slips 0.5% to EUR 971 million

• Banco Sabadell posted 1H 2026 net profit of EUR 971 million, down 0.5% year-on-year, including TSB for four months until its sale.
• Net interest income slipped 2% to EUR 1.77 billion, while banking revenue fell 1.7% to EUR 2.42 billion.
• Total costs climbed 13% to EUR 1.23 billion, including EUR 88 million of non-recurring expenses tied to a Spain early-retirement plan.
• CET1 fully loaded stood at 13.11%, while the NPL ratio improved 0.08 percentage points quarter-on-quarter to 2.47%.
• Announced a EUR 331 million share buyback, about 2.1% of share capital, after a EUR 0.50 per share special cash dividend on the TSB sale.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco de Sabadell SA published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.