Discontinued — last reported Q3 '23
Business Segments · Noninterest Income
Residential Mortgage Banking — Noninterest Income
Ready Capital Residential Mortgage Banking — Noninterest Income decreased by 33.0% to $18.83M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 50.1%, from $37.72M to $18.83M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2023Nov 8, 2023
Rolls up toTotal noninterest income
How to read this metric
An increase indicates strong fee-based performance or market gains; a decrease suggests weakness in secondary revenue sources.
Detailed definition
This is the aggregate of all non-interest revenue streams for the residential mortgage banking segment, including servic...
Peer comparison
Standard non-interest income metric for financial service segments.
Metric ID:
rc_segment_residential_mortgage_banking_noninterest_incomeHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $39.50M | $45.20M | $38.19M | $49.16M | $11.53M | $37.72M | $6.16M | $12.47M | $28.12M | $18.83M |
| QoQ Change | — | +14.4% | -15.5% | +28.7% | -76.5% | +227.2% | -83.7% | +102.4% | +125.5% | -33.0% |
| YoY Change | — | — | — | — | -70.8% | -16.5% | -83.9% | -74.6% | +143.9% | -50.1% |
Range$6.16M – $49.16M
CAGR-28.0%
Avg YoY Growth-25.3%
Median YoY Growth-60.4%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Ready Capital's residential mortgage banking — noninterest income?
- Ready Capital (RC) reported residential mortgage banking — noninterest income of $18.83M in Q3 2023.
- How has Ready Capital's residential mortgage banking — noninterest income changed year-over-year?
- Ready Capital's residential mortgage banking — noninterest income decreased by 50.1% year-over-year, from $37.72M to $18.83M.
- What does residential mortgage banking — noninterest income mean?
- Total revenue from non-interest sources within the residential mortgage banking segment.