Credit Recovery Inches Along but Commercial Real Estate Asset Quality Lags C&I by a Wide Margin
While the search for green shoots in commercial loan growth garners the headlines, banks generally continue to report improvement, albeit modest, in commercial credit quality. Noncurrent C&I loans, defined as those loans on nonaccrual or past due 90 days or more, totaled 0.90% at the end of July, down 10% in the last six months.
Sign up to download Commercial Credit Quality Bulletin August 2021