Sabadell's Q4 net profit falls 27% from same period in 2024
Reuters·2026-02-06 06:07
Core Viewpoint - Spain's Sabadell reported a 27.4% decline in fourth-quarter net profit compared to the same period in 2024, attributed to lower lending income and the effects of a banking tax [1] Financial Performance - The net profit for the fourth quarter fell significantly by 27.4% from the previous year [1] - The decline in profit is primarily due to reduced lending income [1] - The impact of a banking tax also contributed to the decrease in net profit [1]