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Ready Capital RC LMM Commercial Real Estate — Interest Expense, Operating

Other segment segments

Small Business Lending
$16.16M-19.6%

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MFINCommercial Lending — Interest Income Expense Operating
$3.45M+3.2%

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$264.92M-64.4%
Enterprise value$1.38B-45.9%
P/S0.5×-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 us-gaap:InterestExpenseOperating.

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 LMM commercial real estate — interest expense, operating?
Ready Capital (RC) reported LMM commercial real estate — interest expense, operating of $80.67M in Q1 2026.
How has Ready Capital's LMM commercial real estate — interest expense, operating changed year-over-year?
Ready Capital's LMM commercial real estate — interest expense, operating decreased by 33.0% year-over-year, from $120.35M to $80.67M.
What is the long-term trend for Ready Capital's LMM commercial real estate — interest expense, operating?
Over 3 years (2022 to 2025), Ready Capital's LMM commercial real estate — interest expense, operating has grown at a 6.1% compound annual growth rate (CAGR), from $364.34M to $434.74M.
What does LMM commercial real estate — interest expense, operating mean?
The interest costs incurred on borrowings, credit facilities, and other debt obligations used to fund the LMM commercial real estate loan portfolio. It reflects the cost of capital required to maintain the segment's lending operations.