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Ready Capital RC Valuation allowance, loans held for sale

Valuation allowance, loans held for sale at other companies

Sachem Capital Corp. logo
Sachem Capital Corp.SACH
$0-100%
Camden National logo
Camden NationalCAC
$15M+37.6%
Landmark Bancorp logo
Landmark BancorpLARK
$89K-67.9%
Hannon Armstrong Sustainable Infrastructure Capital logo
Hannon Armstrong Sustainable Infrastructure CapitalHASI
$35.81M
Landmark Bancorp logo
Landmark BancorpLARK
$89K-67.9%
Orrstown Financial Services logo
Orrstown Financial ServicesORRF
$89K+1,213%

Segments

By segment

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LMM Commercial Real Estate$6.56M-93.4%
Small Business Lending$0

Other financials

Income statement

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Revenue$81.7M-47.3%
Net income-$200.1M-344%
EPS (diluted)-$1.25-372%

Balance sheet

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Cash & equivalents$241.2M-2.9%
Total debt$1.4B-37.8%
Total equity$1.3B-31.0%
Total assets$6.3B-36.7%

Cash flow

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Operating cash flow$590.2M+444%

Valuation

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Market cap$270.96M-64.2%
Enterprise value$1.39B-45.9%
P/S0.6×-0.5×

Profitability

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Net margin-101.4%-200pp

Returns & leverage

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Return on equity-30.7%-102pp
Debt / equity-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept rc:LoanHeldForSaleValuationAllowanceRecovery.

The official record: Ready Capital’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ready Capital's valuation allowance, loans held for sale?
Ready Capital (RC) reported valuation allowance, loans held for sale of $6.56M in Q1 2026.
How has Ready Capital's valuation allowance, loans held for sale changed year-over-year?
Ready Capital's valuation allowance, loans held for sale decreased by 93.4% year-over-year, from $99.72M to $6.56M.
What does valuation allowance, loans held for sale mean?
Adjustments to the carrying value of loans held for sale to reflect changes in their fair market value or recoverability. This represents the difference between the original cost and the current market value for loans intended to be sold. It is a measure of the market's appetite for the company's loan products.