Discontinued — last reported Q3 '23

Business Segments · Noninterest Income Other Operating Income

Residential Mortgage Banking — Noninterest Income Other Operating Income

Ready Capital Residential Mortgage Banking — Noninterest Income Other Operating Income increased by 79.2% to $43.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 186.7%, from $15.00K to $43.00K. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2023Nov 8, 2023

How to read this metric

An increase suggests diversified revenue streams; a decrease may indicate lower ancillary activity.

Detailed definition

This captures miscellaneous operating income within the residential mortgage banking segment that does not fall under in...

Peer comparison

Commonly categorized as 'Other Income' in financial segment reporting.

Metric ID: rc_segment_residential_mortgage_banking_noninterest_income_other_operating_income

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23
Value$38.00K$31.00K$2.07M$24.00K$21.00K$15.00K$31.00K$24.00K$43.00K
QoQ Change-18.4%>999%-98.8%-12.5%-28.6%+106.7%-22.6%+79.2%
YoY Change-44.7%-51.6%+29.2%+14.3%+186.7%
Range$15.00K$2.07M
CAGR+6.4%
Avg YoY Growth+26.8%
Median YoY Growth+14.3%

Frequently Asked Questions

What is Ready Capital's residential mortgage banking — noninterest income other operating income?
Ready Capital (RC) reported residential mortgage banking — noninterest income other operating income of $43.00K in Q3 2023.
How has Ready Capital's residential mortgage banking — noninterest income other operating income changed year-over-year?
Ready Capital's residential mortgage banking — noninterest income other operating income increased by 186.7% year-over-year, from $15.00K to $43.00K.
What does residential mortgage banking — noninterest income other operating income mean?
Miscellaneous operating revenue not classified as interest or primary servicing income.