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Forbes: America's Best and Worst Banks 2012

America's Worst Banks

1. Doral Financial

Headquarters: San Juan, P.R.
Assets: $8 billion
Price/Book value: 0.2
NPLs/Loans: 10.9%
Reserves/NPLs: 20%
Doral has the highest ratios of NPLs and NPAs of any bank. Its large commercial real estate loan portfolio has been hurt by the struggling Puerto Rican economy. The bank has not turned a profit since 2005. S&P downgraded the bank’s credit rating two notches this week to CCC- from CCC+. Doral did not reply to a request for comment from Forbes.

(Photo via Forbes)

More from Forbes:
America’s Largest Private Companies
See More of America’s Best Banks
See More of America’s Worst Banks

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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