Business Segments · Noninterest Expense
LMM Commercial Real Estate — Noninterest Expense
Ready Capital LMM Commercial Real Estate — Noninterest Expense decreased by 23.7% to $40.94M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.5%, from $27.76M to $40.94M. Over 4 years (FY 2021 to FY 2025), LMM Commercial Real Estate — Noninterest Expense shows an upward trend with a 21.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 8, 2026
Rolls up toTotal Operating Expenses
How to read this metric
Lower values relative to revenue indicate higher operational efficiency and better profit margins.
Detailed definition
This metric aggregates all operating costs for the commercial real estate segment, excluding interest expense. It provid...
Peer comparison
Standard in finance; peers report this as 'Non-interest expense' or 'Operating expenses'.
Metric ID:
rc_segment_lmm_commercial_real_estate_noninterest_expenseHistorical Data
20 periods
| 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 | $15.88M | $15.88M | $15.88M | $22.82M | $22.82M | $22.82M | $22.82M | $22.21M | $24.45M | $29.68M | $27.43M | $43.45M | $31.27M | $21.08M | $52.44M | $27.76M | $27.52M | $29.14M | $53.64M | $40.94M |
| QoQ Change | — | +0.0% | +0.0% | +43.7% | +0.0% | +0.0% | +0.0% | -2.7% | +10.1% | +21.4% | -7.6% | +58.4% | -28.0% | -32.6% | +148.8% | -47.1% | -0.9% | +5.9% | +84.1% | -23.7% |
| YoY Change | — | — | — | — | +43.7% | +43.7% | +43.7% | -2.7% | +7.2% | +30.1% | +20.2% | +95.6% | +27.9% | -29.0% | +91.2% | -36.1% | -12.0% | +38.3% | +2.3% | +47.5% |
Range$15.88M – $53.64M
CAGR+22.1%
Avg YoY Growth+25.7%
Median YoY Growth+29.0%
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Frequently Asked Questions
- What is Ready Capital's lmm commercial real estate — noninterest expense?
- Ready Capital (RC) reported lmm commercial real estate — noninterest expense of $40.94M in Q1 2026.
- How has Ready Capital's lmm commercial real estate — noninterest expense changed year-over-year?
- Ready Capital's lmm commercial real estate — noninterest expense increased by 47.5% year-over-year, from $27.76M to $40.94M.
- What is the long-term trend for Ready Capital's lmm commercial real estate — noninterest expense?
- Over 4 years (2021 to 2025), Ready Capital's lmm commercial real estate — noninterest expense has grown at a 21.4% compound annual growth rate (CAGR), from $63.53M to $138.06M.
- What does lmm commercial real estate — noninterest expense mean?
- Total operating costs for the commercial real estate segment excluding interest-related expenses.