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Ready Capital RC Small Business Lending — Labor and Related Expense
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Where this comes from
Reported directly by Ready Capital in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
The source filing: Ready Capital’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:18 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-054850
| (in thousands) | LMM Commercial Real Estate | Small Business Lending | Total |
|---|---|---|---|
| Other income | 10,213 | 3,194 | 13,407 |
| Total non-interest income (loss) | $(19,281) | $10,089 | $(9,192) |
| Non-interest expense | |||
| Employee compensation and benefits | (6,217) | (14,065) | (20,282) |
| Allocated employee compensation and benefits from related party | (338) | — | (338) |
| Professional fees | (927) | (3,709) | (4,636) |
| Loan servicing expense | (2,104) | (1,335) | (3,439) |
| Impairment on real estate | (952) | — | (952) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Ready Capital's small business lending — labor and related expense?
- Ready Capital (RC) reported small business lending — labor and related expense of $14.07M in Q2 2026.
- How has Ready Capital's small business lending — labor and related expense changed year-over-year?
- Ready Capital's small business lending — labor and related expense decreased by 2.6% year-over-year, from $14.44M to $14.07M.
- What is the long-term trend for Ready Capital's small business lending — labor and related expense?
- Over 4 years (2021 to 2025), Ready Capital's small business lending — labor and related expense has grown at a 12.2% compound annual growth rate (CAGR), from $36.76M to $58.23M.
- What does small business lending — labor and related expense mean?
- Includes all compensation, benefits, and payroll-related costs for personnel dedicated to the small business lending segment. This metric is a primary indicator of the segment's human capital investment and operational scale.
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