Discontinued — last reported Q1 '26

Business Segments · Interest Income (Expense), Operating

LMM Commercial Real Estate — Interest Income (Expense), Operating

Ready Capital LMM Commercial Real Estate — Interest Income (Expense), Operating decreased by 3011.3% to -$21.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 571.5%, from $4.62M to -$21.78M. Over 2 years (FY 2021 to FY 2023), LMM Commercial Real Estate — Interest Income (Expense), Operating shows an upward trend with a 31.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026

How to read this metric

Higher values indicate stronger net interest margins and effective cost-of-funds management, while lower values suggest compressed spreads or rising funding costs.

Detailed definition

This metric reflects the net interest income generated by the LMM Commercial Real Estate segment after accounting for in...

Peer comparison

Comparable to net interest income (NII) reported by mortgage REITs and commercial lenders.

Metric ID: rc_segment_lmm_commercial_real_estate_interest_income_expense_operating

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$28.41M$28.41M$28.41M$50.20M$50.20M$50.20M$50.20M$48.55M$51.73M$50.40M$45.96M$41.88M$43.70M$42.76M$4.62M$6.18M-$700.00K-$21.78M
QoQ Change+0.0%+0.0%+76.7%+0.0%+0.0%+0.0%-3.3%+6.6%-2.6%-8.8%-8.9%+4.4%-2.2%-89.2%+33.8%-111.3%<-999%
YoY Change+76.7%+76.7%+76.7%-3.3%+3.1%+0.4%-8.4%-13.7%-15.5%-15.1%-89.0%-85.9%-101.6%-571.5%
Range-$21.78M$51.73M
CAGR-6.1%
Avg YoY Growth-47.9%
Median YoY Growth-11.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ready Capital's lmm commercial real estate — interest income (expense), operating?
Ready Capital (RC) reported lmm commercial real estate — interest income (expense), operating of -$21.78M in Q1 2026.
How has Ready Capital's lmm commercial real estate — interest income (expense), operating changed year-over-year?
Ready Capital's lmm commercial real estate — interest income (expense), operating decreased by 571.5% year-over-year, from $4.62M to -$21.78M.
What is the long-term trend for Ready Capital's lmm commercial real estate — interest income (expense), operating?
Over 2 years (2021 to 2023), Ready Capital's lmm commercial real estate — interest income (expense), operating has grown at a 31.5% compound annual growth rate (CAGR), from $113.66M to $196.63M.
What does lmm commercial real estate — interest income (expense), operating mean?
The net interest income earned by the LMM Commercial Real Estate segment after deducting interest expenses.