Santander and BBVA increase solvency and dividends
The two major banks, CaixaBank and Sabadell, defy the trend of European entities to cut capital.
Santander and BBVA are bucking the trend of European banks reducing their capital ratios. Santander's CET1 capital ratio is 14.02%, 56 basis points higher than in 2025, despite the impact of its TSB acquisition. The bank aims to maintain a CET1 ratio above 13% and potentially distribute excess capital to shareholders through dividends or share buybacks.
BBVA's CET1 ratio is 12.9%, also above its target, and has announced a €2 billion share buyback program. CaixaBank and Sabadell are also resisting the trend, with CET1 ratios of 12.54% and 13.11% respectively.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.