Banco Sabadell’s net profit in the first quarter 2016 amounted to €252 million
Video published on 05/07/2016
The Banco Sabadell group ended the first quarter 2016 with a 44.3% increase in attributable net profit. Excluding TSB, net profit amounts to €190.3 million, a 9.0% increase. Furthermore, Net interest income increased by 8.2% year-on-year (excluding TSB). The Group’s NPL ratio was reduced to 7.50%, reaching single figures (excluding TSB): 9.45%, down from 9.86% at 2015 year-end. Fully-loaded CET1 was 11.8%, well above the regulator’s capital requirement of 9.25%. For further information visit our Social Media Room http://prensa.bancsabadell.com/en/. Video content exclusively in spanish.