for bbva, it remains well below the range of the spanish banking sector. 6.8% for bbva.ore than 13% for the spanish banking sector. in terms of outlook, the chairman of the bank is positive that 2014 would improve significantly as the demand for credit is rising. both banks have announced this morning a sharp increase of the net profit. more than double and that was below expectations and that's the reason the bank is trading lower. for banco popular, the bank returned to profit after massive loss last year. net interest income for the core business of the bank was below expectations and also the bad loan ratio surge towards tend of the year 14.2% for banco popular, up 11.8% in the third quarter and that's the main reason why the stock is trading lower. >> stephane, bill blain here. these bad loan numbers that have come out of popular this morning, that used to be the top spanish bank at one stage. and these numbers, are they going to be reflected across the rest of the spanish banking sector? and could we see further weakness, i wonder? >> well, so far, all the banks ar

>> sounds so good when she says it. >> it's better than bbva. right?e knicks were a real treat this year and the dallas mavericks. j.r. smith of the knicks during a foul shot. check him out on the left side of the screen, reaches down, unties the shoe of shawn marion of the dallas mavericks. he didn't have time to do anything. >> kept playing throughout the play. >> with an untied shoe. >> kind of unsportsman-like, right? >> this is like three weeks ago when you pantsed willie. >> we were making meatloaf. >> i missed it. >> anyway, that's bad sportsmanship. he'll get fined. >> at the time, nobody saw it. they didn't see it. only after the fact everybody else saw it did they realize. >> the knicks are a wacky bunch this year. >> yeah. that's the nets, sorry. >> it's all new york. >> close. >> new york sports fans. >> one more thing. >> that's right, brooklyn. >> it's all the same to natalie. let's go back into the vortex. >> we're not going into the vortex. >> we're not? >> we are joking about this. but this -- >> it's serious. >> these temperatures are

but i have put the chips on bbva. which is hitting a 52-week high at 13 and in full disclosure happens to be my bank in mexico. there you go. pretty good job. as michael said, you have to have faith. as we saw today, consistent winners will reward you, regeneron and algeren, google, tesla, to name a few winners. "mad money" will be right back. >>> coming up, pharmaceutical phenom? regeneron has soared over 5,000% since cramer first spoke to its ceo back in 2005. will its science make it soar higher? cramer talks to the ceo to find out. >>> and later, cornering the market? the affordable care act is pulling in 30 million more americans into the health care and if walgreens has its way into the doors of its local drugstore. can the company capitalize on the increasing coverage? don't miss cramer's exclusive. >>> plus, an updated outlook on its drug development sent the stock up over 10% in the past week. but is it just the beginning of its run? stick around to find out. all coming up on "mad money." >> announcer: don't

earlier today the "squawk box" team caught up with the spanish bank ceo of bbva and asked him how themy is faring. this is what he had to say. >> it has worked pretty well over the last couple of years. my view is that the war is over and recovery has started. having said that, more has to be done for us to continue. >> joining me is jaime caruan. he said we haven't probingen this doom loop between sovereigns and the banks in europe, do you agree? ? i think a lot has been done and this should not be underestimated. i think banks increased their capital significantly and i think there have been significant he was on the part of sorvereigns to reduce or put their fiscal in order, side in order. i think it's still a lot remains to be done and i think it would be a misteak to think the job is done and that you should not be concerned about that. >> we have a banking union now where the sovereign ultimately is responsible for bank failures between now and the next ten years, so that's not breaking that link, is it at all, the sovereign still ultimately are accou accountable. >> i think the

used to work for bbva, used to do loan modifications for bank of america, has not worked for over a year, lost his benefits, unemployment benefits on december 28. he'd like to go back to work. he'd like to continue to look for work but do it knowing he wouldn't have to go to a food pantry or go homeless. we have to fight for americans the way l.b.j. did. we have to fight to get this done. it is an emergency. we should not have politicians hold this up. it's time for us to get this done, and with that let me now yield to our ranking member from the ways and means committee, who has led in fight to extend unemployment insurance benefits, sandy levin, and he will be followed by our colleague from illinois, robin kelly. >> thank you to the chairman of our caucus and, robin, glad to be here with you. i just want to say a few words d bring home this crisis for 1.4 million americans. it was 1.3 million as of december 28. now every week 72,000 more long-term unemployed are losing their unemployment insurance. so this crisis has begun. this is an anniversary of the war on poverty. the unemploymen