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Ready Capital RC Small Business Lending — Noninterest Expense
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Where this comes from
Reported directly by Ready Capital in its filing.
Tagged under the XBRL concept us-gaap:NoninterestExpense.
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 |
|---|---|---|---|
| Loan servicing expense | (2,104) | (1,335) | (3,439) |
| Impairment on real estate | (952) | — | (952) |
| Other operating expenses | (22,208) | (9,061) | (31,269) |
| Total non-interest expense | $(32,746) | $(28,170) | $(60,916) |
| Loss before unallocated expenses and provision for income taxes | $(77,020) | $(20,094) | $(97,114) |
| Unallocated corporate expenses | |||
| Employee compensation and benefits | (7,346) | ||
| Professional fees | (3,035) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Ready Capital's small business lending — noninterest expense?
- Ready Capital (RC) reported small business lending — noninterest expense of $28.17M in Q2 2026.
- How has Ready Capital's small business lending — noninterest expense changed year-over-year?
- Ready Capital's small business lending — noninterest expense increased by 1.6% year-over-year, from $27.72M to $28.17M.
- 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?
- The total of all operating costs incurred by the small business lending segment, excluding interest expense. This is a key metric for assessing the overall cost structure and operational efficiency of the segment.
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