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Ready Capital RC Small Business Lending — Goodwill

Other segment segments

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$27.32M0.0%

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Other financials

Income statement

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Revenue$81.7M-47.3%
Net income-$200.1M-344%
EPS (diluted)-$1.25-372%

Balance sheet

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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

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Operating cash flow$590.2M+444%

Valuation

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Market cap$267.65M-65.8%
Enterprise value$1.39B-46.6%
P/S0.5×-0.5×

Profitability

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Net margin-101.4%-200pp

Returns & leverage

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Return on equity-30.7%-102pp
Debt / equity-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Ready Capital’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ready Capital's small business lending — goodwill?
Ready Capital (RC) reported small business lending — goodwill of $22.18M in Q1 2026.
How has Ready Capital's small business lending — goodwill changed year-over-year?
Ready Capital's small business lending — goodwill decreased by 0.0% year-over-year, from $22.18M to $22.18M.
What is the long-term trend for Ready Capital's small business lending — goodwill?
Over 3 years (2022 to 2025), Ready Capital's small business lending — goodwill has grown at a 25.6% compound annual growth rate (CAGR), from $44.82M to $88.71M.
What does small business lending — goodwill mean?
Represents the intangible asset value recognized when the Small Business Lending segment was acquired, reflecting the premium paid over the fair value of net identifiable assets. This reflects the segment's brand reputation, customer relationships, and expected future synergies. It is subject to periodic impairment testing to ensure the carrying value does not exceed its fair value.