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Ready Capital RC Small Business Lending — Noninterest Income

Other segment segments

LMM Commercial Real Estate
-$68M+40.6%

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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:NoninterestIncome.

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 — noninterest income?
Ready Capital (RC) reported small business lending — noninterest income of $19.05M in Q1 2026.
How has Ready Capital's small business lending — noninterest income changed year-over-year?
Ready Capital's small business lending — noninterest income decreased by 47.7% year-over-year, from $36.45M to $19.05M.
What is the long-term trend for Ready Capital's small business lending — noninterest income?
Over 3 years (2021 to 2024), Ready Capital's small business lending — noninterest income has grown at a 21.8% compound annual growth rate (CAGR), from $65.6M to $118.57M.
What does small business lending — noninterest income mean?
Reflects all revenue generated by the small business lending segment excluding interest income, such as gains on financial instruments, servicing fees, and other service charges. It serves as a measure of the segment's ability to generate fee-based revenue independent of interest rate fluctuations.