Ready Capital (RC-PC) Loans - Loss Allowance (2016 - 2021)

Ready Capital's Loans - Loss Allowance history runs 6 years deep, the most recent figure standing at $49.6 million for Q2 2021.

• In Q2 2021, Loans - Loss Allowance fell 13.03% year-over-year to $49.6 million; the TTM figure through Jun 2021 stood at $49.6 million (down 13.03% YoY), while the FY2019 annual figure was $7.4 million, changed N/A from the prior year.
• Loans - Loss Allowance was $49.6 million for Q2 2021 at Ready Capital, down from $57.1 million in the prior quarter.
• In the past five years, Loans - Loss Allowance ranged from a high of $57.1 million in Q2 2020 to a low of $7.4 million in Q4 2019.
• Historically, Loans - Loss Allowance has averaged $20.0 million across 5 years, with a median of $10.5 million in 2018.
• The sharpest annual moves came in 2018 and 2020: Loans - Loss Allowance slipped 29.83% in 2018, then jumped 547.41% in 2020.
• A 5-year view of Loans - Loss Allowance shows it stood at $13.8 million in 2017, then retreated by 29.83% to $9.7 million in 2018, then declined by 23.02% to $7.4 million in 2019, then jumped by 666.87% to $57.1 million in 2020, then declined by 13.03% to $49.6 million in 2021.
• The last three Loans - Loss Allowance figures came in at $49.6 million (Q2 2021), $57.1 million (Q2 2020), and $7.4 million (Q4 2019), per Business Quant data.