🔴 Banco Santander is trading 3% down today after report highlights €69 billion Spanish non-performing loans

Banco Santander is trading 3.00% down at $14.38 after a report highlighted Spanish non-performing loans reaching €69 billion, representing 18.5% of Europe’s total.

• The decline follows Banco Santander’s 2.92% gain to $14.82 on September 17.
• Investors are reportedly reacting negatively to the banking-sector credit-risk backdrop.
• No fresh company-specific earnings, guidance, or transaction announcement was identified for September 18; the broader market remains largely mixed.