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Ready Capital RC Compensation and benefits
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Where this comes from
Reported directly by Ready Capital in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
The source filing: Ready Capital’s 10-Q, filed May 9, 2023.
- Filed
- May 9, 2023
- Fiscal quarter
- Q1 FY2023
- Calendar quarter
- Q1 2023
- Accession
- 0001558370-23-008847
| (in thousands, except share data) | Three Months Ended March 31, 2023 | Three Months Ended March 31, 2022 |
|---|---|---|
| Other income | 19,883 | 6,501 |
| Total non-interest income | $44,098 | $87,807 |
| Non-interest expense | ||
| Employee compensation and benefits | (25,139) | (27,968) |
| Allocated employee compensation and benefits from related party | (2,326) | (3,000) |
| Variable expenses on residential mortgage banking activities | (5,485) | (979) |
| Professional fees | (5,717) | (5,126) |
| Management fees – related party | (5,081) | (3,196) |
Item 1. Financial Statements
FAQ
- What is Ready Capital's compensation and benefits?
- Ready Capital (RC) reported compensation and benefits of $25.14M in Q1 2023.
- How has Ready Capital's compensation and benefits changed year-over-year?
- Ready Capital's compensation and benefits decreased by 10.1% year-over-year, from $27.97M to $25.14M.
- What does compensation and benefits mean?
- Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.
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