Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017)
Ready Capital (RC) posted Interest Expense - Fed Funds of $4.0 million for Q2 2017, down 4.1% on a QoQ basis from $4.2 million in Q1 2017, and up 9.79% year-over-year from $3.7 million in Q2 2016.
Analysis
Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017) Analysis & Trends
Ready Capital has reported Interest Expense - Fed Funds for 6 years, with the latest figure at $4.0 million in Q2 2017.
- On a quarterly basis, Interest Expense - Fed Funds rose 9.79% year-over-year to $4.0 million in Q2 2017; TTM through Jun 2017 was $24.6 million, a 3.02% increase from a year earlier, with the FY2016 full-year figure at $16.3 million, changed 0.35% from the prior year.
- Interest Expense - Fed Funds was $4.0 million for Q2 2017 at Ready Capital, down from $4.2 million in the prior quarter.
- The five-year high for Interest Expense - Fed Funds was $16.3 million in Q4 2015, with the low at $64880.0 in Q3 2016.
- Average Interest Expense - Fed Funds over 5 years is $3.5 million, with a median of $872503.0 recorded in 2013.
- The sharpest annual moves came in 2015 and 2016: Interest Expense - Fed Funds tumbled 39.05% in 2015, then jumped 858.74% in 2016.
- Over 5 years, Interest Expense - Fed Funds stood at $659772.0 in 2013, then jumped by 230.29% to $2.2 million in 2014, then surged by 647.4% to $16.3 million in 2015, then dropped by 0.42% to $16.2 million in 2016, then slumped by 75.04% to $4.0 million in 2017.
- The last three Interest Expense - Fed Funds figures came in at $4.0 million (Q2 2017), $4.2 million (Q1 2017), and $16.2 million (Q4 2016), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2017 | 4.05 Mn |
| Mar 31, 2017 | 4.22 Mn |
| Dec 31, 2016 | 16.22 Mn |
| Sep 30, 2016 | 64,880.00 |
| Jun 30, 2016 | 3.69 Mn |
| Mar 31, 2016 | 3.86 Mn |
| Dec 31, 2015 | 16.29 Mn |
| Mar 31, 2015 | 402,509.00 |
| Dec 31, 2014 | 2.18 Mn |
| Sep 30, 2014 | 677,159.00 |
| Jun 30, 2014 | 737,290.00 |
| Mar 31, 2014 | 660,402.00 |
| Dec 31, 2013 | 659,772.00 |
| Sep 30, 2013 | 877,522.00 |
| Jun 30, 2013 | 867,484.00 |
| Mar 31, 2013 | 514,035.00 |
| Dec 31, 2012 | 343,562.00 |
| Sep 30, 2012 | 376,742.00 |
| Jun 30, 2012 | 378,407.00 |
| Mar 31, 2012 | 288,740.00 |