Discontinued — last reported Q3 '21
Business Segments · Labor And Related Expense
Sbc Conventional Originations — Labor And Related Expense
Ready Capital Sbc Conventional Originations — Labor And Related Expense increased by 63.8% to $7.03M in Q3 2021 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2021Nov 5, 2021
Rolls up toCompensation and benefits
How to read this metric
An increase relative to revenue may signal declining operational efficiency or aggressive headcount expansion.
Detailed definition
This represents the total compensation and benefits costs associated with personnel dedicated to the Small Business Conv...
Peer comparison
Standard operating expense category for financial services firms, often benchmarked as a percentage of total segment revenue.
Metric ID:
rc_segment_sbc_conventional_originations_labor_and_related_expenseHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $4.29M | $7.03M |
| QoQ Change | — | +63.8% |
Range$4.29M – $7.03M
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Frequently Asked Questions
- What is Ready Capital's sbc conventional originations — labor and related expense?
- Ready Capital (RC) reported sbc conventional originations — labor and related expense of $7.03M in Q3 2021.
- What does sbc conventional originations — labor and related expense mean?
- Total payroll and benefit costs for staff working in the conventional small business lending division.