Business Segments · Noninterest Expense
Small Business Lending — Noninterest Expense
Ready Capital Small Business Lending — Noninterest Expense increased by 3.8% to $29.21M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.8%, from $30.06M to $29.21M. Over 4 years (FY 2021 to FY 2025), Small Business Lending — Noninterest Expense shows an upward trend with a 15.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026May 8, 2026
Rolls up toTotal Operating Expenses
How to read this metric
Lower values relative to revenue indicate better operational efficiency and higher profitability potential.
Detailed definition
The total of all operating costs incurred by the small business lending segment, excluding interest expense. This is a k...
Peer comparison
A primary benchmark for comparing the cost-efficiency of financial business segments.
Metric ID:
rc_segment_small_business_lending_noninterest_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.59M | $15.86M | $16.35M | $15.28M | $16.08M | $19.34M | $13.70M | $17.09M | $19.23M | $17.52M | $34.48M | $18.11M | $17.29M | $30.34M | $31.15M | $30.06M | $27.72M | $28.36M | $28.14M | $29.21M |
| QoQ Change | — | -9.8% | +3.1% | -6.6% | +5.2% | +20.3% | -29.2% | +24.8% | +12.5% | -8.9% | +96.8% | -47.5% | -4.5% | +75.5% | +2.6% | -3.5% | -7.8% | +2.3% | -0.8% | +3.8% |
| YoY Change | — | — | — | — | -8.6% | +21.9% | -16.2% | +11.9% | +19.6% | -9.4% | +151.7% | +5.9% | -10.1% | +73.2% | -9.7% | +66.0% | +60.3% | -6.5% | -9.7% | -2.8% |
Range$13.70M – $34.48M
CAGR+11.3%
Avg YoY Growth+21.1%
Median YoY Growth+1.6%
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Frequently Asked Questions
- What is Ready Capital's small business lending — noninterest expense?
- Ready Capital (RC) reported small business lending — noninterest expense of $29.21M in Q1 2026.
- How has Ready Capital's small business lending — noninterest expense changed year-over-year?
- Ready Capital's small business lending — noninterest expense decreased by 2.8% year-over-year, from $30.06M to $29.21M.
- What is the long-term trend for Ready Capital's small business lending — noninterest expense?
- Over 4 years (2021 to 2025), Ready Capital's small business lending — noninterest expense has grown at a 15.6% compound annual growth rate (CAGR), from $64.05M to $114.28M.
- What does small business lending — noninterest expense mean?
- Total operating costs for the small business lending segment excluding interest expenses.