Business Segments · Interest Expense, Operating

LMM Commercial Real Estate — Interest Expense, Operating

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 8, 2026
Rolls up toInterest Expense

How to read this metric

Lower expense relative to interest income indicates better net interest margins and efficient capital structure management.

Detailed definition

The interest costs incurred on borrowings, credit facilities, and other debt obligations used to fund the LMM commercial...

Peer comparison

Comparable to 'Interest Expense' for any financial institution using leverage to fund assets.

Metric ID: rc_segment_lmm_commercial_real_estate_interest_expense_operating

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$80.67M$171.61M
CAGR-3.0%
Avg YoY Growth+10.9%
Median YoY Growth-11.0%
Current Streak9 quarters decline

Frequently Asked Questions

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 cost of borrowing money to fund the commercial real estate lending business.