Banco De Sabadell

2019 EPS cut on lowered trading gains

14/05/19 -"We have downgraded our forecasts for 2019. This is fully attributable to the lowering of trading income generation, reflecting a faster-than-expected normalisation."

PDF page sample
Pages
63
Language
English
Published on
14/05/19
Download
You may also be interested by these reports :
14/11/25
Two months ago, we looked at Investor performance under Trump II. Since Trump’s election, Industrivärden (ADD; Sweden) has followed a very similar ...
13/11/25
KBC delivered another quarter of accelerating earnings momentum, with upgrades to 2025 guidance supported by broad-based growth, strict cost control, ...
13/11/25
The third quarter results were barely on track with expectations on an underlying basis. This looks disappointing following peers’ strong results, ...
12/11/25
ABN delivered another mediocre quarter, with a low-quality beat driven by LLP releases, while revenues disappointed and costs rose, pushing C/I to ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO