Banco Sabadell reported a net income of €486 million for the second quarter of 2025, surpassing estimates of €439.8 million, with net interest income in line at €1.21 billion. The bank's fully loaded CET1 ratio improved slightly to 13.6% year-over-year from 13.5%. Sabadell declared an interim dividend of €0.07 per share payable on August 29, 2025. The bank reaffirmed its 2027 targets, aiming for a return on tangible equity (ROTE) of 16% and planning to distribute €6.3 billion to shareholders by 2027, excluding its UK subsidiary TSB. Sabadell also posted a record net profit of €975 million for the first half of 2025, a 23.3% increase compared to the same period last year. Amid a potential takeover bid from BBVA, Sabadell warned that BBVA would face years of "zero synergies" due to government conditions and described the current offer price as "impossible." CEO Gonzalo González-Bueno emphasized that any synergies during the next three years would be null and that it would be prudent for BBVA to present a strategic plan. Meanwhile, Bankinter reported a 14.4% increase in net profit to €542 million for the first half of 2025. Insurance company Mapfre posted a 23.6% rise in net profit to €570 million in the first half of the year, with increased revenues and premiums.