Banco De Sabadell Sa Ord (BNDSF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Buenos días. Muchísimas gracias a todos los que estáis aquí presentes, tanto a los que sois de Madrid como a los que os habéis desplazado, y también a los que nos seguís por streaming, por vuestro interés en los resultados del tercer trimestre de 2025 de Banco Sabadell. Como habitualmente, primero el consejero delegado, César González Bueno, y el director financiero, Sergio Palavecino, harán una explicación de los resultados y después pasaremos al turno de preguntas. Cuando quieras, César. ¿Ya está? Pues no os habíais perdido nada. Buenos días a todos y vamos a ver los resultados del tercer trimestre. which are a positive evolution and we maintain the dynamism. I think that the great novelty of today is that there are no novelties, that what we are going to do is confirm that all the forecasts that had been given during the previous period, that they are still in force, that we are still on the line of fulfilling all that to which we had committed. And well, let's look a little back. I'm not going to bore you much, but let's look a little back with a little perspective. And the transformation and financial recovery of the bank have been very intense. And if you see the evolution, taking into account a figure that is quite significant, which is that of the ROTE, it has grown substantially until 2024. In 2025 we maintain our forecast of 14.5% and we maintain that of 16% for 2027. What does that mean? That during all this period, the bank has continued to advance, the bank has continued to progress, it has not stopped, despite having had such an intense OPA period that has lasted so many months. A reminder of the four keys of our investment case, of what we call our equity story, or what our purpose is. We are a bank focused on Spain. Spain is growing, it is an economy ...