Discontinued — last reported Q3 '23

Business Segments · Noninterest Income

Sbc Lending And Acquisitions — Noninterest Income

Ready Capital Sbc Lending And Acquisitions — Noninterest Income increased by 26.7% to $31.39M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 61.4%, from $19.45M to $31.39M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 8, 2023

How to read this metric

Higher values indicate strong fee-based business performance and effective monetization of lending services.

Detailed definition

This metric aggregates all revenue generated by the SBC Lending and Acquisitions segment excluding interest income earne...

Peer comparison

Comparable to 'Non-interest Income' or 'Fee Income' reported by other specialty finance and mortgage REITs.

Metric ID: rc_segment_sbc_lending_and_acquisitions_noninterest_income

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$16.37M$22.85M$16.95M$23.81M$22.49M$19.45M$25.18M$9.56M$24.77M$31.39M
QoQ Change+39.6%-25.8%+40.5%-5.6%-13.5%+29.5%-62.1%+159.2%+26.7%
YoY Change+37.3%-14.9%+48.6%-59.9%+10.1%+61.4%
Range$9.56M$31.39M
CAGR+33.5%
Avg YoY Growth+13.8%
Median YoY Growth+23.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is Ready Capital's sbc lending and acquisitions — noninterest income?
Ready Capital (RC) reported sbc lending and acquisitions — noninterest income of $31.39M in Q3 2023.
How has Ready Capital's sbc lending and acquisitions — noninterest income changed year-over-year?
Ready Capital's sbc lending and acquisitions — noninterest income increased by 61.4% year-over-year, from $19.45M to $31.39M.
What does sbc lending and acquisitions — noninterest income mean?
Total non-interest revenue earned by the small business lending segment.