Q2 Credit Trends in Commercial Lending - Risk Analysis Service On Demand

Back in May, many of you joined us for the Q1 Credit Trends in Commercial Lending webinar, where we explored the dramatic impact COVID-19 was already having on loan quality. Now, we’re bringing you an exclusive look at the first full quarter of Risk Analysis Service results since the pandemic hit.

Here are just a few of the trends we’ll unpack during the live session on July 29 from 1-2PM ET:

• The percentage of C&I loans with adverse credit ratings increased 34 percent quarter over quarter. Oil & Gas, Arts & Entertainment, and Transportation were among the hardest hit sectors in terms of criticized loans in the quarter.
• After spiking sharply in April and May, delinquencies levelled off. We will examine the impact loan modifications and payment deferral plans had on delinquencies to date.
• Commercial Real Estate loans on nonaccrual tripled in June compared to the prior quarter. When segmented by property type, Lodging displayed a significant increase, as did Multi-family properties.
• Total C&I loan growth (outside of PPP loans) slowed markedly in the second quarter as the industry tightened underwriting standards.

We’re confident the industry insights we’ll share on this webinar will help you not only understand these key trends, but also prioritize work during this difficult time. Register now to make sure you don’t miss out on our complete analysis of how commercial credit trends are rapidly shifting in the time of COVID-19.