Discontinued — last reported Q3 '23
Business Segments · Other Cost And Expense Operating
Residential Mortgage Banking — Other Cost And Expense Operating
Ready Capital Residential Mortgage Banking — Other Cost And Expense Operating decreased by 4.5% to $1.61M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 20.9%, from $2.03M to $1.61M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ3 2023Nov 8, 2023
Rolls up toOther operating expenses
How to read this metric
A significant increase may signal uncontrolled overhead growth or unexpected operational issues.
Detailed definition
Captures miscellaneous operating expenses within the residential mortgage banking segment that do not fall into specific...
Peer comparison
Comparable to 'Other Operating Expenses' or 'General and Administrative Expenses' in segment-level reporting.
Metric ID:
rc_segment_residential_mortgage_banking_other_cost_and_expense_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 | $2.21M | $1.91M | $2.17M | $2.02M | $2.18M | $2.03M | $1.42M | $1.71M | $1.68M | $1.61M |
| QoQ Change | — | -13.8% | +13.9% | -6.9% | +7.5% | -6.5% | -30.4% | +20.7% | -1.5% | -4.5% |
| YoY Change | — | — | — | — | -1.7% | +6.6% | -34.8% | -15.6% | -22.6% | -20.9% |
Range$1.42M – $2.21M
CAGR-13.2%
Avg YoY Growth-14.8%
Median YoY Growth-18.3%
Current Streak2 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Ready Capital's residential mortgage banking — other cost and expense operating?
- Ready Capital (RC) reported residential mortgage banking — other cost and expense operating of $1.61M in Q3 2023.
- How has Ready Capital's residential mortgage banking — other cost and expense operating changed year-over-year?
- Ready Capital's residential mortgage banking — other cost and expense operating decreased by 20.9% year-over-year, from $2.03M to $1.61M.
- What does residential mortgage banking — other cost and expense operating mean?
- General operating costs for the residential mortgage banking segment not classified elsewhere.