Discontinued — last reported Q3 '23
Business Segments · Interest Income Expense Net
Sbc Lending And Acquisitions — Interest Income Expense Net
Ready Capital Sbc Lending And Acquisitions — Interest Income Expense Net decreased by 2.6% to $50.41M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 6.2%, from $53.75M to $50.41M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 8, 2023
Rolls up toNet Interest Income
How to read this metric
Higher net interest income indicates a wider margin and better profitability, while lower values suggest margin compression.
Detailed definition
Calculated as the difference between interest income earned from loans and interest expense paid on debt within the segm...
Peer comparison
A fundamental metric for all lending institutions, often referred to as Net Interest Income (NII).
Metric ID:
rc_segment_sbc_lending_and_acquisitions_interest_income_expense_netHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $25.74M | $32.93M | $36.31M | $43.25M | $49.74M | $53.75M | $54.05M | $48.55M | $51.73M | $50.41M |
| QoQ Change | — | +27.9% | +10.2% | +19.1% | +15.0% | +8.1% | +0.6% | -10.2% | +6.6% | -2.6% |
| YoY Change | — | — | — | — | +93.2% | +63.2% | +48.9% | +12.2% | +4.0% | -6.2% |
Range$25.74M – $54.05M
CAGR+34.8%
Avg YoY Growth+35.9%
Median YoY Growth+30.6%
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Frequently Asked Questions
- What is Ready Capital's sbc lending and acquisitions — interest income expense net?
- Ready Capital (RC) reported sbc lending and acquisitions — interest income expense net of $50.41M in Q3 2023.
- How has Ready Capital's sbc lending and acquisitions — interest income expense net changed year-over-year?
- Ready Capital's sbc lending and acquisitions — interest income expense net decreased by 6.2% year-over-year, from $53.75M to $50.41M.
- What does sbc lending and acquisitions — interest income expense net mean?
- The net profit earned from the segment's lending activities after accounting for borrowing costs.