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Ready Capital RC Small Business Lending — Other Cost and Expense, Operating
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Where this comes from
Reported directly by Ready Capital in its filing.
Tagged under the XBRL concept us-gaap:OtherCostAndExpenseOperating.
The source filing: Ready Capital’s 10-Q, filed May 8, 2026.
- Filed
- May 8, 2026, 4:58 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-032982
| (in thousands) | LMM Commercial Real Estate | Small Business Lending | Total |
|---|---|---|---|
| Professional fees | (1,476) | (3,476) | (4,952) |
| Loan servicing expense | (14,573) | (1,101) | (15,674) |
| Impairment on real estate | 469 | — | 469 |
| Other operating expenses | (17,350) | (9,312) | (26,662) |
| Total non-interest expense | $(40,939) | $(29,212) | $(70,151) |
| Income (loss) before unallocated expenses and provision for income taxes | $(197,245) | $(7,868) | $(205,113) |
| Unallocated corporate income (expenses) | |||
| Employee compensation and benefits | (4,116) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Ready Capital's small business lending — other cost and expense, operating?
- Ready Capital (RC) reported small business lending — other cost and expense, operating of $9.31M in Q1 2026.
- How has Ready Capital's small business lending — other cost and expense, operating changed year-over-year?
- Ready Capital's small business lending — other cost and expense, operating decreased by 15.9% year-over-year, from $11.07M to $9.31M.
- What is the long-term trend for Ready Capital's small business lending — other cost and expense, operating?
- Over 4 years (2021 to 2025), Ready Capital's small business lending — other cost and expense, operating has grown at a 14.4% compound annual growth rate (CAGR), from $23.38M to $40.07M.
- What does small business lending — other cost and expense, operating mean?
- Encompasses all remaining operating expenses for the small business lending segment not classified under labor, professional fees, or portfolio costs. This includes general administrative overhead and other miscellaneous operational outlays.
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