EBA欧洲银行-ES_SI5RG2M0WQQLZCXKRM20_TR_2015_21页_1mb

2015 EU-wide Transparency Exercise Summary - Banco de Sabadell, SA

Core Information

• Bank Name: Banco de Sabadell, SA
• LEI Code: SI5RG2M0WQQLZCXKRM20
• Country Code: ES (Spain)

Capital Structure Overview

The document provides detailed information on the bank's capital structure and ratios for the years 2014 and 2015, in accordance with the Capital Requirements Regulation (CRR).

Key Capital Elements

• CET1 Capital includes various components such as:

  • Capital instruments eligible as CET1: Increased from 6,126 to 7,755
  • Retained earnings: Slightly decreased from 3,184 to 3,143
  • Accumulated other comprehensive income: Decreased from 937 to -22
  • Other Reserves: Decreased from 99 to 76
  • Minority interest in CET1 capital: Increased from 10 to 11
  • Adjustments to CET1 due to prudential filters: Increased from -241 to 70

• Transitional adjustments to CET1 increased significantly from 654 to 1,551.

Risk Exposure Amounts

The bank's total risk exposure increased from 74,515 million EUR in December 2014 to 88,571 million EUR in June 2015.

Breakdown of Risk Exposure

• Market Risk includes:

  • Foreign exchange risk: Increased from 677 to 2,123
  • Credit Valuation Adjustment: Increased from 92 to 426

• Other risk exposure amounts remained at 0 in both periods.

Profit and Loss (P&L) Overview

• Total Operating Income, Net: Decreased from 4,888 million EUR to 2,903 million EUR
• Profit or Loss Before Tax: Decreased from 444 million EUR to 357 million EUR
• Profit or Loss After Tax: Decreased from 377 million EUR to 354 million EUR

Key P&L Components

• Interest Income: Decreased from 4,419 million EUR to 2,083 million EUR
• Interest Expenses: Decreased from 2,252 million EUR to 828 million EUR
• Net Fee and Commission Income: Decreased from 861 million EUR to 448 million EUR
• Gains or Losses on Derecognition: Decreased from 1,859 million EUR to 998 million EUR
• Gains or Losses on Financial Assets Held for Trading: Increased from 41 million EUR to 108 million EUR

Expenses and Provisions

• Administrative Expenses: Decreased from 1,769 million EUR to 906 million EUR
• Depreciation: Decreased from 276 million EUR to 142 million EUR
• Impairment on Financial Assets: Decreased from 1,780 million EUR to 1,684 million EUR
• Provisions or Reversal of Provisions: Increased from -167 million EUR to -147 million EUR

Credit Risk - Standardised Approach

• Total Risk Exposure Amount: Decreased from 98,867 million EUR to 109,247 million EUR
• Breakdown of Credit Risk Exposure
  • Central governments or central banks: Increased from 20,666 to 31,087
  • Institutions: Increased from 1,109 to 2,526
  • Corporates: Increased from 49,386 to 49,686
  • Retail: Increased from 33,823 to 68,526
  • Retail - Secured on real estate property: Increased from 21,495 to 47,645
  • Equity: Increased from 0 to 7,782

Credit Risk - IRB Approach

• IRB Total Risk Exposure Amount: Increased from 33,132 million EUR to 40,148 million EUR
• Breakdown of IRB Credit Risk Exposure
  • Central banks and central governments: 0
  • Institutions: Increased from 3,365 to 4,377
  • Corporates: Increased from 49,386 to 49,686
  • Retail: Increased from 33,823 to 68,526
  • Retail - Secured on real estate property: Increased from 21,495 to 47,645
  • Equity: Increased from 0 to 7,782

Sovereign Exposure

• Sovereign Exposure: No significant exposure reported in both periods
• Breakdown by Residual Maturity
  • [0 - 3M]: 0
  • [3M - 3Y]: 0
  • [3Y - 5Y]: 0
  • [5Y - 10Y]: 0
  • [10Y - more]: 0

Summary of Key Trends

• Capital Growth: Own funds and CET1 capital increased, indicating a strengthening of the bank's capital base.
• Risk Exposure: Total risk exposure increased, with a significant rise in market and operational risks.
• Profitability Decline: Operating income and net profit after tax decreased, suggesting a decline in profitability.
• Sovereign Exposure: No sovereign exposure was reported, indicating minimal risk from government-related assets.

Regulatory References

• The capital definitions and risk exposures are aligned with the CRR and related articles, including:
  • CET1 Capital definitions under Articles 26(1), 36(1), and 42
  • Tier 2 Capital under Article 71
  • Risk exposure amounts under Articles 92(3), 95, 96, and 98
  • Sovereign exposure under Article 159 and other relevant sections