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
A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.
Detailed definition
Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...
Peer comparison
Standard operating expense line item found in the SG&A section of the income statement.
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?
- The total cost of external legal, accounting, and consulting services.