madrid broadly positive result bbva sabadell overshadow friday grow fear impact catalonia bid independence crisis split catalonia cause deep resentment around spain also prompt flight business wealthy region alarm european leaders fear crisis could fan separatist sentiment around continent bbva sabadell among spanish bank high exposure region madrid prepare impose direct rule friday share sabadell among bad performers spain ibex-35 fall 4.5 percent bbva drop 1.8 percent investors focus events catalonia see movements deposit days really nothing material things really normalize days clients nervous uncertainty bbva chief executive officer carlos torres tell analysts deposit northeastern region safe although situation persist could cut spanish growth less 2.5 percent 2018 late add although bbva base northern city bilbao become one big lenders catalonia buy two former save bank region catalunya banc unnim attempt calm clients sabadell decide early october move legal headquarter catalonia economic recovery property rebound allow spain bank tackle toxic balance sheet fast peer italy result bbva sabadell underline pressure revenue lend remain spanish bank struggle lift earn loan interest rat hover historic low increase competition erode margins bbva net interest income nii profit loan minus fund cost around percent previous quarter sabadell nii fell percent offset pressure home spanish bank expand abroad search high revenues bbva net profit 19 percent period july september 1.14 billion euros slightly analysts forecast reuters poll boost mexico account 40 percent earn net profit sabadell however fell percent third quarter 203 million euros analysts forecast bottom line impact sale units lender however stick profit target 800 million euros 2017. friday result show bbva country second big bank assets reduce non-performing loan 1.5 billion euros 1.7 billion quarter sabadell reduce problematic assets 500 million euros sabadell chief executive jaime guardiola say would also meet target reduce problematic assets billion euros year-end despite political uncertainty european central bank announce month new guidelines lenders reduce bad loan although plan meet fierce backlash italy italian bank 210 billion non-performing exposure spanish bank combine non-performing loan 106 billion euros .. catalonia cast shadow positive bbva sabadell result