Ready Capital (RC-PC) Provisions (2016 - 2026)
Ready Capital (RC-PC) recorded quarterly Provisions of $70.9 million in Q1 2026, down 52.73% quarter-over-quarter from $150.0 million in Q4 2025, and up 164.72% on a YoY basis from $26.8 million in Q1 2025.
Ready Capital (RC-PC) Provisions (2016 - 2026) Analysis & Trends
Ready Capital's Provisions history runs 11 years deep, the most recent figure standing at $70.9 million for Q1 2026.
- In Q1 2026, Provisions rose 164.72% year-over-year to $70.9 million; the TTM figure through Mar 2026 stood at $267.5 million (up 27.55% YoY), while the FY2025 annual figure was $87.0 million, down 70.27% from the prior year.
- Provisions was $70.9 million for Q1 2026 at Ready Capital, down from $150.0 million in the prior quarter.
- In the past five years, Provisions ranged from a high of $285.0 million in Q4 2024 to a low of -$109.6 million in Q1 2025.
- Historically, Provisions has averaged $29.0 million across 5 years, with a median of $6.7 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Provisions surged 19375.0% in 2022, then plunged 536.71% in 2023.
- A 5-year view of Provisions shows it stood at $33.9 million in 2022, then slumped by 80.25% to $6.7 million in 2023, then soared by 4161.48% to $285.0 million in 2024, then sank by 47.37% to $150.0 million in 2025, then slumped by 52.73% to $70.9 million in 2026.
- The last three Provisions figures came in at $70.9 million (Q1 2026), $150.0 million (Q4 2025), and $38.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Ready Capital | - | - | - | 70.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.91 Mn |
| Dec 31, 2025 | 149.99 Mn |
| Sep 30, 2025 | 37.98 Mn |
| Jun 30, 2025 | 8.64 Mn |
| Mar 31, 2025 | -109.57 Mn |
| Dec 31, 2024 | 285.01 Mn |
| Sep 30, 2024 | 53.17 Mn |
| Jun 30, 2024 | -18.87 Mn |
| Mar 31, 2024 | -26.54 Mn |
| Dec 31, 2023 | 6.69 Mn |
| Sep 30, 2023 | -12.15 Mn |
| Jun 30, 2023 | 19.43 Mn |
| Mar 31, 2023 | -6.73 Mn |
| Dec 31, 2022 | 33.86 Mn |
| Sep 30, 2022 | 3.43 Mn |
| Jun 30, 2022 | -4.39 Mn |
| Mar 31, 2022 | 1.54 Mn |
| Dec 31, 2021 | 961,000.00 |
| Sep 30, 2021 | 1.58 Mn |
| Jun 30, 2021 | 5.52 Mn |