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Ready Capital RC Small Business Lending — Professional Fees

Other segment segments

LMM Commercial Real Estate
$1.48M+80.4%

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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-64.2%
Enterprise value$1.39B-45.9%
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:ProfessionalFees.

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 — professional fees?
Ready Capital (RC) reported small business lending — professional fees of $3.48M in Q1 2026.
How has Ready Capital's small business lending — professional fees changed year-over-year?
Ready Capital's small business lending — professional fees increased by 19.7% year-over-year, from $2.91M to $3.48M.
What is the long-term trend for Ready Capital's small business lending — professional fees?
Over 4 years (2021 to 2025), Ready Capital's small business lending — professional fees has grown at a 42.3% compound annual growth rate (CAGR), from $3.03M to $12.44M.
What does small business lending — professional fees mean?
Represents costs incurred for external services such as legal, consulting, accounting, and advisory support specific to the small business lending segment. These expenses are often driven by regulatory compliance, litigation, or strategic initiatives.