Sabadell's Q3 net profit falls 18% on lower lending income

Core Viewpoint - Spain's Sabadell reported a 17.7% decline in third-quarter net profit compared to the same period in 2024, primarily due to reduced lending income as the bank shifts its focus towards sustainability in its standalone strategy [1] Financial Performance - The net profit for the third quarter fell significantly by 17.7% from the previous year [1] - The decrease in profit is attributed to lower lending income, indicating a potential shift in the bank's revenue generation strategy [1] Strategic Focus - The company is transitioning its focus towards sustainability, which may impact its traditional lending practices and income streams [1]