Huntington non-performing asset ratio hit highest since 2020
Huntington Bancshares’ non-performing asset (NPA) ratio rose to its highest level since the Covid-19 pandemic in the second quarter, as non-accrual commercial and industrial loans increased by a fifth.
Total NPAs rose by $255 million, or 19%, during the quarter to a record $1.61 billion. That followed a $412 million increase in Q1, when Huntington first incorporated loans acquired through its
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