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Ready Capital RC Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Other income by Business
LMM Commercial Real Estate$34.71M+169%$25.81M+14.2%$15.33M-53.6%$10.89M-71.9%$12.92M-69.4%
Small Business Lending$21.19M-23.2%$23.26M-0.7%$30.42M-37.1%$34.73M-26.7%$27.59M-51.7%
Noninterest Income by Business
LMM Commercial Real Estate-$104.24M+54.8%-$150.71M+36.9%-$145.51M+29.8%-$181.68M-15.9%-$230.5M-395%
Net realized gain (loss) on financial instruments and real estate owned by Business
LMM Commercial Real Estate-$245.23M-60.2%-$191.58M-44.3%-$224.32M-142%-$140.25M-1,567%-$153.1M-537%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business
LMM Commercial Real Estate-$514.99M-19.9%-$337.43M+33.0%-$431.02M-158%-$433.92M-710%-$429.41M-1,184%
Small Business Lending-$29.1M-159%-$13.33M-129%$30.8M-41.6%$38.31M-21.6%$48.97M+12.6%
Total Assets by Business
LMM Commercial Real Estate$24.27B-29.5%$27.65B-24.1%$29.77B-23.0%$32.28B$34.43B
Small Business Lending$5.6B-3.3%$5.82B+3.1%$5.96B+6.3%$5.95B$5.79B
Interest Income (Expense), after Provision for Loan Loss by Business
LMM Commercial Real Estate-$259.52M-291%-$48.66M+58.2%-$148.65M-191%-$123.45M-153%-$66.37M-131%
Small Business Lending$17.44M-24.5%$16.66M-30.7%$18.57M-25.5%$18.62M-30.7%$23.1M+4.1%
Noninterest Expense by Business
LMM Commercial Real Estate$151.24M+14.1%$138.06M-6.9%$136.86M+11.1%$128.8M-2.3%$132.55M+6.0%
Small Business Lending$113.44M+4.2%$114.28M+18.0%$117.29M+17.0%$119.27M+36.5%$108.84M+21.8%
Financing Receivable, Credit Loss, Expense (Reversal) by Business
LMM Commercial Real Estate$246.19M+25.2%$61.73M-78.3%$197.91M+1,756%$216.17M+508%$196.61M+1,027%
Small Business Lending$21.32M+62.5%$25.31M+183%$24.14M+539%$21.07M+874%$13.12M+52.0%
Other Cost and Expense, Operating by Business
LMM Commercial Real Estate$55.72M+298%$41.71M+174%$25.16M+131%$15.53M+16.1%$13.99M-0.5%
Small Business Lending$38.31M-8.4%$40.07M+11.0%$42.66M+13.1%$45.88M+51.7%$41.83M+44.1%
Servicing income, net of amortization and impairment of $6,587 and $5,294 by Business
LMM Commercial Real Estate$6.55M+11.5%$6.37M+10.6%$6.26M+11.1%$6.55M+21.6%$5.88M-2.5%
Small Business Lending$11.12M-16.9%$12.33M+14.2%$11.51M+0.8%$9.13M-30.4%$13.38M-6.1%
Net unrealized gain (loss) on financial instruments by Business
LMM Commercial Real Estate-$19.44M+19.6%-$11.25M+45.4%-$22.08M-8,459%-$26.81M-260%-$24.18M-238%
Small Business Lending$2.19M-22.0%-$834K-115%$5.68M+44.4%$6.05M+81.3%$2.81M+14.0%
Net interest income (loss) before provision for loan losses by Business
LMM Commercial Real Estate-$13.33M-110%$13.07M-92.2%$49.26M-71.7%$92.73M-49.0%$130.25M-31.4%
Small Business Lending$38.77M+7.0%$41.97M+27.1%$42.71M+48.8%$39.69M+36.7%$36.22M+17.5%
Interest Expense, Operating by Business
LMM Commercial Real Estate$395.06M-29.5%$434.74M-27.4%$474.13M-25.8%$518.06M-21.3%$560.32M-15.1%
Small Business Lending$75.43M-18.7%$79.38M-18.7%$83.06M-17.6%$87.73M-9.1%$92.8M+14.0%
Interest Income by Business
LMM Commercial Real Estate$381.73M-44.7%$447.81M-41.6%$523.39M-35.7%$610.79M-27.3%$690.56M-18.8%
Small Business Lending$114.2M-11.5%$121.36M-7.1%$125.77M-2.9%$127.42M+1.5%$129.02M+15.0%
Income (loss) on unconsolidated joint ventures by Business
LMM Commercial Real Estate$10.57M+65.0%$4.51M-58.6%$9.32M+195%$5.11M+39,200%$6.4M+686%
Small Business Lending$36K+9.1%$54K+440%$41K$44K$33K
Goodwill by Business
LMM Commercial Real Estate$109.3M0.0%$109.3M0.0%$109.3M0.0%$109.3M$109.3M
Small Business Lending$88.71M+1.7%$88.71M+16.4%$88.71M+36.0%$87.6M+58.2%$87.19M+94.5%
Labor and Related Expense by Business
LMM Commercial Real Estate$26.36M+8.8%$24.58M-4.8%$22.11M-23.6%$23.55M-28.0%$24.22M-29.4%
Small Business Lending$58.25M+11.9%$58.23M+26.5%$58.24M+44.3%$58.16M+66.1%$52.05M+35.9%
Loan Portfolio Expense by Business
LMM Commercial Real Estate$37.22M-21.1%$37.72M-15.6%$45.75M+8.6%$47.3M+5.8%$47.18M+5.9%
Small Business Lending$3.86M+53.2%$3.54M+78.1%$3.65M+269%$2.43M+183%$2.52M+183%
Impairment (recovery) on real estate owned, held for sale by Business
LMM Commercial Real Estate$20.69M-50.5%$23.5M-58.3%$38.28M+33.0%$36.94M+21.4%$41.8M+78.3%
Small Business Lending$0-100%$0-100%$75K$75K$75K
Professional Fees by Business
LMM Commercial Real Estate$9.73M+135%$9.08M+82.9%$4.18M-21.4%$4.2M-27.3%$4.14M-31.3%
Small Business Lending$13.01M+5.1%$12.44M-1.9%$12.66M-40.1%$12.73M-40.1%$12.37M-41.4%
Valuation allowance, loans held for sale by Business
Small Business Lending$0$0$0$0$0

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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.