Other

Noninterest Expense

Ready Capital Noninterest Expense decreased by 17.3% to $82.73M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.0%, from $72.60M to $82.73M. Over 3 years (FY 2022 to FY 2025), Noninterest Expense shows an upward trend with a 13.6% CAGR.

Analysis

StatementIncome Statement
SectionOther
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026
Metric ID: other_noninterest_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$80.08M$88.82M$67.54M$58.72M$74.60M$15.48M$56.05M$70.70M$65.51M$79.91M$78.26M$67.44M$69.93M$106.89M$72.60M$70.28M$74.34M$100.05M$82.73M
QoQ Change+10.9%-24.0%-13.1%+27.0%-79.2%+262.0%+26.1%-7.3%+22.0%-2.1%-13.8%+3.7%+52.9%-32.1%-3.2%+5.8%+34.6%-17.3%
YoY Change-26.7%-16.0%-17.0%+20.4%-12.2%+416.1%+39.6%-4.6%+6.8%+33.8%-7.2%+4.2%+6.3%-6.4%+14.0%
Range$15.48M$106.89M
CAGR+0.7%
Avg YoY Growth+30.1%
Median YoY Growth+4.2%

Business Segments — Sbc Lending And Acquisitions

View all
SegmentQ2 '21Q3 '21Q1 '22Q2 '22Q3 '22
Sbc Lending And Acquisitions$16.88M$18.02M$24.11M$23.55M$22.84M
Residential Mortgage Banking$35.99M$36.59M$13.34M$7.22M$18.88M
Total$80.08M$88.82M$67.54M$58.72M$74.60M

Residential Mortgage Banking, Sbc Lending And Acquisitions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — LMM Commercial Real Estate

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
LMM Commercial Real Estate$31.27M$21.08M$52.44M$27.76M$27.52M$29.14M$53.64M$40.94M
Small Business Lending$17.29M$30.34M$31.15M$30.06M$27.72M$28.36M$28.14M$29.21M
Total$67.44M$69.93M$106.89M$72.60M$70.28M$74.34M$100.05M$82.73M

Frequently Asked Questions

What is Ready Capital's noninterest expense?
Ready Capital (RC) reported noninterest expense of $82.73M in Q1 2026.
How has Ready Capital's noninterest expense changed year-over-year?
Ready Capital's noninterest expense increased by 14.0% year-over-year, from $72.60M to $82.73M.
What is the long-term trend for Ready Capital's noninterest expense?
Over 3 years (2022 to 2025), Ready Capital's noninterest expense has grown at a 13.6% compound annual growth rate (CAGR), from $216.34M to $317.27M.