Banco Sabadell SA has reported a net income of €503 million ($546 million) for the third quarter, which exceeded analyst expectations of €454 million.
This strong performance comes as the bank intensifies efforts to defend against a potential takeover by rival BBVA SA.
The results indicate a positive trajectory for Sabadell, providing a financial cushion as it navigates the competitive landscape in the banking sector.
The bank's ability to surpass profit estimates may strengthen its position in ongoing discussions regarding its future amid acquisition speculations.