Ready Capital RC Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Other income by Business | |||||
| LMM Commercial Real Estate | $25.81M+14.2% | $22.61M-41.4% | $38.55M+30.7% | $29.51M— | |
| Small Business Lending | $23.26M-0.7% | $23.42M-63.7% | $64.5M+149% | $25.87M— | |
| Noninterest Income by Business | |||||
| LMM Commercial Real Estate | -$150.71M+36.9% | -$238.97M-378% | $85.97M-5.5% | $90.92M+35.1% | |
| Net realized gain (loss) on financial instruments and real estate owned by Business | |||||
| LMM Commercial Real Estate | -$191.58M-44.3% | -$132.75M-490% | $34.07M+56.2% | $21.81M— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| LMM Commercial Real Estate | -$337.43M+33.0% | -$503.49M-384% | $177.41M+5.0% | $168.97M— | |
| Small Business Lending | -$13.33M-129% | $45.74M-9.7% | $50.64M-23.9% | $66.54M— | |
| Total Assets by Business | |||||
| LMM Commercial Real Estate | $27.65B-24.1% | $36.44B— | —— | —— | |
| Small Business Lending | $5.82B+3.1% | $5.64B— | —— | —— | |
| Interest Income (Expense), after Provision for Loan Loss by Business | |||||
| LMM Commercial Real Estate | -$48.66M+58.2% | -$116.29M-160% | $195.22M+15.3% | $169.31M+59.3% | |
| Small Business Lending | $16.66M-30.7% | $24.05M-10.6% | $26.9M-60.3% | $67.74M-14.5% | |
| Noninterest Expense by Business | |||||
| LMM Commercial Real Estate | $138.06M-6.9% | $148.23M+42.8% | $103.78M+13.7% | $91.27M+43.7% | |
| Small Business Lending | $114.28M+18.0% | $96.89M+9.7% | $88.33M+37.2% | $64.39M+0.5% | |
| Financing Receivable, Credit Loss, Expense (Reversal) by Business | |||||
| LMM Commercial Real Estate | $61.73M-78.3% | $283.8M+19,985% | $1.41M-95.5% | $31.47M— | |
| Small Business Lending | $25.31M+183% | $8.96M+54.0% | $5.82M+95.8% | $2.97M— | |
| Other Cost and Expense, Operating by Business | |||||
| LMM Commercial Real Estate | $41.71M+174% | $15.21M-6.2% | $16.22M-17.8% | $19.73M-10.3% | |
| Small Business Lending | $40.07M+11.0% | $36.11M+30.1% | $27.76M+56.2% | $17.78M-24.0% | |
| Servicing income, net of amortization and impairment of $6,587 and $5,294 by Business | |||||
| LMM Commercial Real Estate | $6.37M+10.6% | $5.76M-1.0% | $5.82M+25.9% | $4.62M— | |
| Small Business Lending | $12.33M+14.2% | $10.8M-29.6% | $15.34M— | —— | |
| Net unrealized gain (loss) on financial instruments by Business | |||||
| LMM Commercial Real Estate | -$11.25M+45.4% | -$20.59M-344% | $8.43M-63.9% | $23.32M— | |
| Small Business Lending | -$834K-115% | $5.6M+334% | $1.29M+190% | -$1.43M— | |
| Net interest income (loss) before provision for loan losses by Business | |||||
| LMM Commercial Real Estate | $13.07M-92.2% | $167.51M-14.8% | $196.63M-2.1% | $200.79M— | |
| Small Business Lending | $41.97M+27.1% | $33.01M+0.9% | $32.72M-53.7% | $70.71M— | |
| Interest Expense, Operating by Business | |||||
| LMM Commercial Real Estate | $434.74M-27.4% | $598.85M-8.0% | $650.62M+78.6% | $364.34M— | |
| Small Business Lending | $79.38M-18.7% | $97.61M+48.2% | $65.84M+140% | $27.38M— | |
| Interest Income by Business | |||||
| LMM Commercial Real Estate | $447.81M-41.6% | $766.35M-9.5% | $847.25M+49.9% | $565.13M— | |
| Small Business Lending | $121.36M-7.1% | $130.62M+32.5% | $98.56M+0.5% | $98.09M— | |
| Income (loss) on unconsolidated joint ventures by Business | |||||
| LMM Commercial Real Estate | $4.51M-58.6% | $10.88M+1,302% | -$905K-108% | $11.66M— | |
| Small Business Lending | $54K+440% | $10K— | —— | $0— | |
| Goodwill by Business | |||||
| LMM Commercial Real Estate | $109.3M0.0% | $109.3M— | —— | —— | |
| Small Business Lending | $88.71M+16.4% | $76.22M+70.0% | $44.82M0.0% | $44.82M— | |
| Labor and Related Expense by Business | |||||
| LMM Commercial Real Estate | $24.58M-4.8% | $25.82M-21.8% | $33.01M+12.2% | $29.42M+77.4% | |
| Small Business Lending | $58.23M+26.5% | $46.04M+14.3% | $40.29M-0.6% | $40.55M+10.3% | |
| Loan Portfolio Expense by Business | |||||
| LMM Commercial Real Estate | $37.72M-15.6% | $44.67M+11.5% | $40.07M+33.1% | $30.11M+53.0% | |
| Small Business Lending | $3.54M+78.1% | $1.99M+168% | $741K+4.8% | $707K-20.2% | |
| Impairment (recovery) on real estate owned, held for sale by Business | |||||
| LMM Commercial Real Estate | $23.5M-58.3% | $56.43M+553% | $8.64M+114% | $4.03M— | |
| Small Business Lending | $0-100% | $75K— | $0— | $0— | |
| Professional Fees by Business | |||||
| LMM Commercial Real Estate | $9.08M+82.9% | $4.96M-7.6% | $5.37M-23.6% | $7.03M+73.0% | |
| Small Business Lending | $12.44M-1.9% | $12.68M-35.1% | $19.54M+264% | $5.36M+76.7% | |
| Valuation allowance, loans held for sale by Business | |||||
| Small Business Lending | $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.
