Another positive article, although it may surprise those who claim Santander are due a fall purely because they are a Spanish outfit.
Botin predicts profits to rise 50% in next two years
The mere fact they are profitable indicates they are taking risk.
Banks make a profit by being highly leveraged, it can swing the other way and wipe them out in an instant. Then they get dragged into a negative feedback loop, falling share price = falling capitalization = falling share price. The end result is like Barclays bank, profitable but withing hours of nationalization.