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Ready Capital RC Sba Loan Origination Acquisition And Servicing — Noninterest Income

Discontinued — last reported Q1 '21

Similar metrics at other companies

SSBSmall Business Administration Income — Revenue

$1.5M-53.6%

WALOperating Segments — Noninterest Income

$4.22M+50.9%

WBSOperating Segments — Noninterest Income

$63.18M+8.8%

FCNCASVB Commercial — Noninterest Income

$135M-1.5%

HBANOperating Segments — Noninterest Income

$317M+4.6%

BPOPOperating Segments — Noninterest Income

——

Other financials

Income statement

Revenue$81.7M-47.3%

Net income-$200.1M-344%

EPS (diluted)-$1.25-372%

Balance sheet

Cash & equivalents$241.2M-2.9%

Total debt$1.4B-37.8%

Total equity$1.3B-31.0%

Total assets$6.3B-36.7%

Cash flow

Operating cash flow$590.2M+444%

Valuation

Market cap$289.13M-69.8%

Enterprise value$1.41B-50.8%

P/S0.6×-0.6×

Profitability

Net margin-101.4%-200pp

Returns & leverage

Return on equity-30.7%-102pp

Debt / equity1×-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept us-gaap:NoninterestIncome.

The official record: Ready Capital’s 10-Q, filed May 7, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does sba loan origination acquisition and servicing — noninterest income mean?: The total revenue earned by the SBA segment excluding interest income.
How do you interpret sba loan origination acquisition and servicing — noninterest income?: An increase suggests strong fee-based business performance and diversification, while a decrease indicates a decline in secondary revenue sources.
How does sba loan origination acquisition and servicing — noninterest income compare across companies?: Standard non-interest income metric used across the financial services industry to assess fee-based revenue.