Finance
Sabadell Beats on Profit Amid Push to Avert BBVA Takeover
This article is for subscribers only.
Banco Sabadell SA’s profit beat estimates in the third quarter, providing tailwind as the lender seeks to avoid a takeover by rival BBVA SA.
Net income was €503 million ($546 million) in the three months through September, the bank said in a statement on Thursday. That compares with an analyst estimate of €454 million.