Ready Capital (RC-PE) Mortgage Banking (2014 - 2017)
Ready Capital (RC-PE) recorded quarterly Mortgage Banking of $9.5 million in Q4 2017, down 11.77% quarter-over-quarter from $10.7 million in Q3 2017, and up 1105.33% on a YoY basis from $785761.0 in Q4 2016.
Ready Capital (RC-PE) Mortgage Banking (2014 - 2017) Analysis & Trends
Ready Capital's Mortgage Banking history runs 4 years deep, the most recent figure standing at $9.5 million for Q4 2017.
- In Q4 2017, Mortgage Banking rose 1105.33% year-over-year to $9.5 million; the TTM figure through Dec 2017 stood at $31.1 million (up 2552.37% YoY), while the FY2017 annual figure was $41.7 million, up 492.92% from the prior year.
- Mortgage Banking was $9.5 million for Q4 2017 at Ready Capital, down from $10.7 million in the prior quarter.
- In the past five years, Mortgage Banking ranged from a high of $11.0 million in Q2 2017 to a low of -$5.2 million in Q4 2015.
- Historically, Mortgage Banking has averaged $2.3 million across 4 years, with a median of $499784.0 in 2015.
- The sharpest annual moves came in 2015 and 2017: Mortgage Banking tumbled 2549.58% in 2015, then soared 5389.17% in 2017.
- A 4-year view of Mortgage Banking shows it stood at $213540.0 in 2014, then sank by 2549.58% to -$5.2 million in 2015, then soared by 115.02% to $785761.0 in 2016, then soared by 1105.33% to $9.5 million in 2017.
- The last three Mortgage Banking figures came in at $9.5 million (Q4 2017), $10.7 million (Q3 2017), and $11.0 million (Q2 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2017 | 9.47 Mn |
| Sep 30, 2017 | 10.74 Mn |
| Jun 30, 2017 | 10.99 Mn |
| Mar 31, 2017 | -93,000.00 |
| Dec 31, 2016 | 785,761.00 |
| Sep 30, 2016 | 195,567.00 |
| Jun 30, 2016 | 254,134.00 |
| Mar 31, 2016 | -63,000.00 |
| Dec 31, 2015 | -5.23 Mn |
| Sep 30, 2015 | 507,082.00 |
| Jun 30, 2015 | 499,784.00 |
| Mar 31, 2015 | 1.64 Mn |
| Dec 31, 2014 | 213,540.00 |