Professional fees
Ready Capital Professional fees decreased by 48.7% to $6.66M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.3%, from $5.49M to $6.66M. Over 4 years (FY 2021 to FY 2025), Professional fees shows an upward trend with a 23.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal higher legal or compliance burdens, or significant one-time strategic projects.
Detailed definition
Costs incurred for external legal, accounting, consulting, and advisory services. These expenses are often driven by reg...
Peer comparison
Standard operating expense across all financial institutions, often scaling with company size and complexity.
professional_feesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.87M | $6.90M | $634.00K | $5.13M | $3.85M | $3.87M | $4.46M | $5.54M | $5.53M | $7.67M | $16.00M | $7.07M | $6.03M | $6.23M | $7.56M | $5.49M | $6.37M | $6.01M | $12.97M | $6.66M |
| QoQ Change | — | +140.3% | -90.8% | +708.5% | -24.9% | +0.4% | +15.4% | +24.3% | -0.2% | +38.6% | +108.7% | -55.8% | -14.6% | +3.3% | +21.3% | -27.4% | +16.0% | -5.7% | +115.9% | -48.7% |
| YoY Change | — | — | — | — | +34.1% | -44.0% | +603.5% | +8.1% | +43.7% | +98.3% | +258.7% | +27.5% | +9.0% | -18.7% | -52.8% | -22.3% | +5.6% | -3.6% | +71.7% | +21.3% |
Business Segments — Sbc Lending And Acquisitions
| Segment | Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|
| Sbc Lending And Acquisitions | $993.00K | $1.19M | $2.40M | $1.10M | $1.63M |
| Residential Mortgage Banking | $144.00K | $1.53M | $264.00K | $217.00K | $138.00K |
| Total | $2.87M | $6.90M | $5.13M | $3.85M | $3.87M |
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 — Small Business Lending
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Small Business Lending | $2.93M | $3.33M | $3.21M | $2.91M | $3.29M | $3.26M | $2.99M | $3.48M |
| LMM Commercial Real Estate | $874.00K | $809.00K | $1.64M | $818.00K | $929.00K | $790.00K | $6.54M | $1.48M |
| Total | $6.03M | $6.23M | $7.56M | $5.49M | $6.37M | $6.01M | $12.97M | $6.66M |
Professional fees at Other Companies
Frequently Asked Questions
- What is Ready Capital's professional fees?
- Ready Capital (RC) reported professional fees of $6.66M in Q1 2026.
- How has Ready Capital's professional fees changed year-over-year?
- Ready Capital's professional fees increased by 21.3% year-over-year, from $5.49M to $6.66M.
- What is the long-term trend for Ready Capital's professional fees?
- Over 4 years (2021 to 2025), Ready Capital's professional fees has grown at a 23.2% compound annual growth rate (CAGR), from $13.39M to $30.84M.
- What does professional fees mean?
- Expenses paid to third-party experts like lawyers and consultants.