Discontinued — last reported Q3 '23
Business Segments · Interest And Dividend Income Operating
Residential Mortgage Banking — Interest And Dividend Income Operating
Ready Capital Residential Mortgage Banking — Interest And Dividend Income Operating decreased by 0.1% to $1.88M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 11.1%, from $2.11M to $1.88M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2023Nov 8, 2023
Rolls up toTotal Interest Income
How to read this metric
An increase indicates higher yield or larger asset base; a decrease suggests lower portfolio performance or reduced asset volume.
Detailed definition
This metric represents the total interest and dividend income generated from the operating assets within the residential...
Peer comparison
Commonly reported by mortgage REITs and specialty finance companies as interest income from mortgage-backed securities or loans.
Metric ID:
rc_segment_residential_mortgage_banking_interest_and_dividend_income_operatingHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.03M | $2.21M | $2.01M | $1.83M | $2.22M | $2.11M | $1.79M | $1.61M | $1.88M | $1.88M |
| QoQ Change | — | +8.8% | -9.2% | -9.2% | +21.6% | -4.8% | -15.1% | -10.5% | +17.1% | -0.1% |
| YoY Change | — | — | — | — | +9.1% | -4.5% | -10.7% | -12.1% | -15.3% | -11.1% |
Range$1.61M – $2.22M
CAGR-3.5%
Avg YoY Growth-7.4%
Median YoY Growth-10.9%
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Frequently Asked Questions
- What is Ready Capital's residential mortgage banking — interest and dividend income operating?
- Ready Capital (RC) reported residential mortgage banking — interest and dividend income operating of $1.88M in Q3 2023.
- How has Ready Capital's residential mortgage banking — interest and dividend income operating changed year-over-year?
- Ready Capital's residential mortgage banking — interest and dividend income operating decreased by 11.1% year-over-year, from $2.11M to $1.88M.
- What does residential mortgage banking — interest and dividend income operating mean?
- The total interest and dividend revenue earned from residential mortgage banking operations.