• The bank’s Chairman, Josep Oliu, stated: “The end of the takeover bid is the best outcome for Banco Sabadell and for BBVA, which are two great institutions that generate more value separately, than together”
  • Chief Executive Officer César González-Bueno said: “Sabadell is stronger than ever and has an even better future as an independent bank”
  • With the takeover bid having now concluded, the bank will continue implementing its 2025–2027 Strategic Plan as announced in July, returning €6.45 billion to shareholders and increasing profitability to 16% by 2027

17th October 2025

Banco Sabadell’s Chairman and Chief Executive Officer, Josep Oliu and César González-Bueno, today expressed their gratitude to the bank’s shareholders, customers, employees and society at large for the support shown over the past year and a half for the bank’s continued independence.

“It is with great satisfaction that we confirm that Banco Sabadell will continue independently and continue to serve its customers in the same way that it has done for over 144 years,” said the Chairman, who emphasised that “Banco Sabadell and BBVA are two great institutions that generate more value separately, than together.”

“This is the best outcome for everyone, made possible by the unwavering support from our shareholders, customers and society at large, and by the remarkable effort and commitment of the outstanding team of professionals who make up Banco Sabadell,” he added.

For his part, the Chief Executive Officer highlighted that “Sabadell is stronger than ever now and has an even better future as an independent bank, following the major transformation carried out over the past five years.”

“As outlined in our Strategic Plan,” he continued, “we will continue to grow in the coming years, increase our profitability to 16% in 2027, and continue to generate capital at pace. As previously announced, we intend to return €6.45 billion to shareholders by 2027, equivalent to 40% of the bank’s current market value.”

“We will do all this by providing the best possible service to our customers and supporting the Spanish economy with more financing. Our customers want Banco Sabadell to remain independent, and we are determined to prove that it is worth keeping Banco Sabadell as a standalone institution,” González-Bueno concluded, reaffirming “Sabadell’s goal of being the best bank in Spain.”

The public takeover bid launched by BBVA in May 2024 received support from only 25.47% of shareholders, and therefore lapsed as it failed to reach the 50% minimum acceptance threshold required for completion.