Ready Capital LMM Commercial Real Estate — Interest Expense, Operating decreased by 12.1% to $80.67M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 33.0%, from $120.35M to $80.67M. Over 3 years (FY 2022 to FY 2025), LMM Commercial Real Estate — Interest Expense, Operating shows an upward trend with a 6.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower expense relative to interest income indicates better net interest margins and efficient capital structure management.
The interest costs incurred on borrowings, credit facilities, and other debt obligations used to fund the LMM commercial...
Comparable to 'Interest Expense' for any financial institution using leverage to fund assets.
rc_segment_lmm_commercial_real_estate_interest_expense_operating| 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 | $91.09M | $91.09M | $91.09M | $91.09M | $149.49M | $160.50M | $169.02M | $171.61M | $158.89M | $158.34M | $150.49M | $131.13M | $120.35M | $116.09M | $106.56M | $91.75M | $80.67M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +64.1% | +7.4% | +5.3% | +1.5% | -7.4% | -0.3% | -5.0% | -12.9% | -8.2% | -3.5% | -8.2% | -13.9% | -12.1% |
| YoY Change | — | — | — | — | +64.1% | +76.2% | +85.6% | +88.4% | +6.3% | -1.3% | -11.0% | -23.6% | -24.3% | -26.7% | -29.2% | -30.0% | -33.0% |