Discontinued — last reported Q3 '23
Business Segments · Loan Portfolio Expense
Sbc Lending And Acquisitions — Loan Portfolio Expense
Ready Capital Sbc Lending And Acquisitions — Loan Portfolio Expense increased by 13.6% to $12.20M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 48.4%, from $8.23M to $12.20M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 8, 2023
Rolls up toLoan Portfolio Expense
How to read this metric
Higher expenses relative to portfolio size may indicate operational inefficiencies or increased asset management requirements.
Detailed definition
This represents the direct costs associated with maintaining, servicing, and managing the loan portfolio within the SBC...
Peer comparison
Often categorized as 'Loan Servicing Expense' or 'Portfolio Management Expense' by peer mortgage and commercial lenders.
Metric ID:
rc_segment_sbc_lending_and_acquisitions_loan_portfolio_expenseHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.62M | $4.33M | $6.88M | $5.88M | $7.91M | $8.23M | $8.09M | $8.06M | $10.75M | $12.20M |
| QoQ Change | — | -6.2% | +58.8% | -14.6% | +34.7% | +4.0% | -1.6% | -0.4% | +33.4% | +13.6% |
| YoY Change | — | — | — | — | +71.2% | +89.8% | +17.6% | +37.2% | +35.8% | +48.4% |
Range$4.33M – $12.20M
CAGR+54.0%
Avg YoY Growth+50.0%
Median YoY Growth+42.8%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Ready Capital's sbc lending and acquisitions — loan portfolio expense?
- Ready Capital (RC) reported sbc lending and acquisitions — loan portfolio expense of $12.20M in Q3 2023.
- How has Ready Capital's sbc lending and acquisitions — loan portfolio expense changed year-over-year?
- Ready Capital's sbc lending and acquisitions — loan portfolio expense increased by 48.4% year-over-year, from $8.23M to $12.20M.
- What does sbc lending and acquisitions — loan portfolio expense mean?
- Direct operational costs incurred to manage and service the loan portfolio.