Discontinued — last reported Q3 '21
Business Segments · Noninterest Expense
Loan Acquisitions — Noninterest Expense
Ready Capital Loan Acquisitions — Noninterest Expense decreased by 26.0% to $3.60M in Q3 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2021Nov 5, 2021
Rolls up toTotal Operating Expenses
How to read this metric
A lower ratio of noninterest expense to revenue indicates higher operational efficiency and better profitability potential.
Detailed definition
This metric represents the total operating expenses of the Loan Acquisitions segment, excluding interest expense on debt...
Peer comparison
Standard metric for evaluating operational overhead in banking and specialty finance segments.
Metric ID:
rc_segment_loan_acquisitions_noninterest_expenseHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $4.86M | $3.60M |
| QoQ Change | — | -26.0% |
Range$3.60M – $4.86M
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Frequently Asked Questions
- What is Ready Capital's loan acquisitions — noninterest expense?
- Ready Capital (RC) reported loan acquisitions — noninterest expense of $3.60M in Q3 2021.
- What does loan acquisitions — noninterest expense mean?
- The total operating costs of the Loan Acquisitions segment, excluding interest expenses.