Purchased Credit Deteriorated Loans
Ready Capital Purchased Credit Deteriorated Loans decreased by 19.8% to $4.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 45.8%, from $7.69B to $4.17B. Over 2 years (FY 2023 to FY 2025), Purchased Credit Deteriorated Loans shows a downward trend with a -30.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High levels indicate exposure to risky loan portfolios acquired via M&A, requiring careful monitoring for potential credit losses.
Detailed definition
These are loans acquired through business combinations that showed evidence of credit quality deterioration since their...
Peer comparison
Rare for industrial firms; typically found in financial services or companies with significant captive finance arms.
bank_purchased_credit_deteriorated_loansHistorical Data
| Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $10.63B | $9.06B | $8.31B | $7.69B | $7.18B | $6.32B | $5.19B | $4.17B |
| QoQ Change | — | -14.7% | -8.3% | -7.5% | -6.5% | -12.1% | -17.8% | -19.8% |
| YoY Change | — | — | -21.9% | — | — | -30.3% | -37.5% | -45.8% |
Purchased Credit Deteriorated Loans at Other Companies
Frequently Asked Questions
- What is Ready Capital's purchased credit deteriorated loans?
- Ready Capital (RC) reported purchased credit deteriorated loans of $4.17B in Q1 2026.
- How has Ready Capital's purchased credit deteriorated loans changed year-over-year?
- Ready Capital's purchased credit deteriorated loans decreased by 45.8% year-over-year, from $7.69B to $4.17B.
- What is the long-term trend for Ready Capital's purchased credit deteriorated loans?
- Over 2 years (2023 to 2025), Ready Capital's purchased credit deteriorated loans has grown at a -30.1% compound annual growth rate (CAGR), from $10.63B to $5.19B.
- What does purchased credit deteriorated loans mean?
- Acquired loans that had significant credit issues at the time the company bought them.