Ready Capital RC Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other income by Business | ||||||
| LMM Commercial Real Estate | $11.94M+293% | $12.76M+460% | $7.24M+158% | $2.78M-42.1% | $3.04M-76.1% | |
| Small Business Lending | $5.19M-28.5% | $2.01M-78.1% | $6.48M-40.0% | $7.52M+1,901% | $7.26M+134% | |
| Noninterest Income by Business | ||||||
| LMM Commercial Real Estate | -$68M+40.6% | -$16.7M-45.2% | $17.03M+189% | -$36.56M+57.2% | -$114.48M+6.9% | |
| Small Business Lending | $19.05M-47.7% | —— | $32.56M-22.5% | $24.13M+21.4% | $36.45M+79.4% | |
| Net realized gain (loss) on financial instruments and real estate owned by Business | ||||||
| LMM Commercial Real Estate | -$68.24M-367% | -$470K+98.6% | -$179.28M-88.3% | $2.77M+127% | -$14.6M-354% | |
| Small Business Lending | $8.16M-67.7% | —— | $18.88M-27.4% | $15.45M-10.9% | $25.27M+92.7% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| LMM Commercial Real Estate | -$197.25M-902% | -$210.92M+30.7% | -$43.79M+6.2% | -$63.04M-7.7% | -$19.68M+79.0% | |
| Small Business Lending | -$7.87M-200% | -$33.28M-407% | $8.42M-47.1% | $3.63M-74.6% | $7.9M+69.1% | |
| Total Assets by Business | ||||||
| LMM Commercial Real Estate | $4.52B-42.7% | $5.94B-26.3% | $6.44B-28.1% | $7.38B-22.6% | $7.9B-20.3% | |
| Small Business Lending | $1.29B-14.4% | $1.28B-10.3% | $1.49B+0.5% | $1.53B+11.9% | $1.51B+11.3% | |
| Interest Income (Expense), after Provision for Loan Loss by Business | ||||||
| LMM Commercial Real Estate | -$88.3M-172% | -$140.57M+41.6% | -$31.68M-389% | $1.03M-98.2% | $122.56M+68.7% | |
| Small Business Lending | $2.29M+51.8% | $3.71M-34.0% | $4.22M-1.2% | $7.22M-38.3% | $1.51M-38.7% | |
| Noninterest Expense by Business | ||||||
| LMM Commercial Real Estate | $40.94M+47.5% | $53.64M+2.3% | $29.14M+38.3% | $27.52M-12.0% | $27.76M-36.1% | |
| Small Business Lending | $29.21M-2.8% | $28.14M-9.7% | $28.36M-6.5% | $27.72M+60.3% | $30.06M+66.0% | |
| Financing Receivable, Credit Loss, Expense (Reversal) by Business | ||||||
| LMM Commercial Real Estate | $66.52M+156% | $143.54M-48.7% | $30.98M-37.1% | $5.15M+136% | -$117.94M-283% | |
| Small Business Lending | $4.38M-47.6% | $6.45M+22.2% | $7M+78.2% | $3.49M+178% | $8.37M+98.8% | |
| Other Cost and Expense, Operating by Business | ||||||
| LMM Commercial Real Estate | $17.35M+420% | $20.88M+382% | $13.02M+284% | $4.47M+52.9% | $3.34M-26.9% | |
| Small Business Lending | $9.31M-15.9% | $9.55M-21.3% | $9.48M-25.3% | $9.97M+68.5% | $11.07M+107% | |
| Servicing income, net of amortization and impairment of $6,587 and $5,294 by Business | ||||||
| LMM Commercial Real Estate | $1.6M+12.9% | $1.87M+6.1% | $1.16M-20.1% | $1.93M+53.9% | $1.42M+9.0% | |
| Small Business Lending | $3.82M-24.1% | $3.17M+35.0% | $6.35M+60.1% | -$2.24M-211% | $5.04M+105% | |
| Net unrealized gain (loss) on financial instruments by Business | ||||||
| LMM Commercial Real Estate | -$8.8M-1,356% | -$8.8M+55.2% | $2.28M+193% | -$4.13M-176% | -$604K-120% | |
| Small Business Lending | $1.88M+264% | -$3.91M-250% | $845K-29.9% | $3.38M+2,314% | -$1.15M-170% | |
| Net interest income (loss) before provision for loan losses by Business | ||||||
| LMM Commercial Real Estate | -$21.78M-572% | $2.97M-92.4% | -$700K-102% | $6.18M-85.9% | $4.62M-89.0% | |
| Small Business Lending | $6.68M-32.5% | $10.15M-6.8% | $11.22M+36.8% | $10.72M+47.9% | $9.88M+48.1% | |
| Interest Expense, Operating by Business | ||||||
| LMM Commercial Real Estate | $80.67M-33.0% | $91.75M-30.0% | $106.56M-29.2% | $116.09M-26.7% | $120.35M-24.3% | |
| Small Business Lending | $16.16M-19.6% | $19.11M-16.1% | $20.42M-18.6% | $19.75M-20.4% | $20.11M-19.3% | |
| Interest Income by Business | ||||||
| LMM Commercial Real Estate | $58.89M-52.9% | $94.71M-44.4% | $105.86M-45.2% | $122.27M-39.5% | $124.97M-37.8% | |
| Small Business Lending | $22.84M-23.9% | $29.26M-13.1% | $31.64M-5.0% | $30.47M-5.0% | $29.99M-5.1% | |
| Income (loss) on unconsolidated joint ventures by Business | ||||||
| LMM Commercial Real Estate | $2.05M+151% | $1.26M-79.3% | $7.41M+131% | -$155K-114% | -$4.01M-956% | |
| Small Business Lending | $5K-78.3% | $13K— | $7K-30.0% | $11K— | $23K— | |
| Goodwill by Business | ||||||
| LMM Commercial Real Estate | $27.32M0.0% | $27.32M0.0% | $27.32M0.0% | $27.32M0.0% | $27.32M0.0% | |
| Small Business Lending | $22.18M0.0% | $22.18M0.0% | $22.18M+5.3% | $22.18M+1.9% | $22.18M+97.9% | |
| Labor and Related Expense by Business | ||||||
| LMM Commercial Real Estate | $7.65M+30.3% | $7.2M+52.0% | $5.02M-22.3% | $6.48M-9.3% | $5.87M-21.5% | |
| Small Business Lending | $15.32M+0.1% | $14.55M-0.1% | $13.94M+0.6% | $14.44M+73.3% | $15.3M+64.7% | |
| Loan Portfolio Expense by Business | ||||||
| LMM Commercial Real Estate | $14.57M-3.3% | $3.56M-69.3% | $8.08M-16.1% | $11.01M+1.1% | $15.06M+20.1% | |
| Small Business Lending | $1.1M+41.2% | $1.05M-9.4% | $1.69M+260% | $25K-78.4% | $780K+216% | |
| Impairment (recovery) on real estate owned, held for sale by Business | ||||||
| LMM Commercial Real Estate | -$469K-120% | $15.03M-49.6% | $1.86M+255% | $4.27M-53.3% | $2.35M-86.2% | |
| Small Business Lending | $0— | $0-100% | $0— | $0— | $0— | |
| Professional Fees by Business | ||||||
| LMM Commercial Real Estate | $1.48M+80.4% | $6.54M+299% | $790K-2.3% | $929K+6.3% | $818K-50.2% | |
| Small Business Lending | $3.48M+19.7% | $2.99M-7.0% | $3.26M-2.1% | $3.29M+12.3% | $2.91M-9.6% | |
| Valuation allowance, loans held for sale by Business | ||||||
| LMM Commercial Real Estate | $6.56M-93.4% | —— | -$178.23M-151% | $39.75M-50.9% | $99.72M-31.8% | |
| Small Business Lending | $0— | $0— | $0— | $0— | $0— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Ready Capital break its business down?
- Ready Capital (RC) reports other income by business across 2 parts — LMM Commercial Real Estate and Small Business Lending. Each is extracted from the segment footnotes and tracked over time.
- Where does Ready Capital's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Ready Capital's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
