Ready Capital Corp
RC · XNYSCIK 1527590fmd_11M5QEP7J2KBEX7X666VHDVJ6PFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2012 to Sep 30, 2026, 59 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 145 | 205 | 208 | 253 | 418 | 324 | 426 | 638 | 99 | 102 |
| Total interest income | 137 | 138 | 169 | 230 | 259 | 395 | 663 | 946 | 897 | 569 |
| Net interest income | 79 | 64 | 60 | 78 | 83 | 191 | 271 | 229 | 201 | 55 |
| Realized investment gains (losses) | 7 | 19 | 38 | 29 | 32 | 69 | 54 | 65 | (54) | (142) |
| Provision for credit losses | 8 | 2 | 2 | 4 | 34 | 9 | 34 | 7 | 293 | 87 |
| Depreciation and amortization | 1 | – | – | – | – | – | – | 0 | 0 | 3 |
| Net interest income after provision | 71 | 61 | 59 | 74 | 48 | 183 | 236 | 222 | (92) | (32) |
| Non-interest income | 66 | 141 | 148 | 175 | 335 | 133 | 155 | 408 | (102) | 47 |
| Total operating expenses | – | – | – | – | – | – | – | – | – | – |
| Compensation and benefits | 25 | 55 | 57 | 51 | 92 | 90 | 99 | – | – | – |
| Impairment of real estate | – | 1 | 1 | 1 | 4 | 2 | 4 | 9 | 57 | 24 |
| Non-interest expense | 72 | 155 | 144 | 184 | 329 | 184 | 216 | 272 | 323 | 317 |
| Funds from operations (NAREIT definition, derived) | 50 | – | – | – | – | – | – | 357 | (374) | (195) |
| Interest expense | 58 | 75 | 109 | 152 | 175 | 204 | 392 | 716 | 696 | 514 |
| Other non-operating income (expense) | – | – | – | – | – | – | – | – | – | – |
| Income before taxes | 65 | 48 | 63 | 65 | 54 | 132 | 175 | 358 | (517) | (303) |
| Income tax expense | 10 | 2 | 1 | (11) | 8 | 15 | 15 | 7 | (105) | (87) |
| Net income from continuing operations | 56 | 46 | 61 | 75 | 46 | 117 | 160 | 351 | (412) | (216) |
| Net income | 49 | 43 | 59 | 73 | 45 | 160 | 203 | 348 | (430) | (221) |
| Net income to common shareholders | 49 | 43 | 59 | 73 | 45 | 150 | 186 | 331 | (444) | (237) |