Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017)
Ready Capital's (RC) quarterly Interest Expense - Fed Funds came in at $4.0 million in Q2 2017, up 9.79% year-on-year from $3.7 million in Q2 2016, and down 4.1% quarter-over-quarter from $4.2 million in Q1 2017.
Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017) Analysis & Trends
Ready Capital's Interest Expense - Fed Funds history runs 6 years deep, the most recent figure standing at $4.0 million for 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 fell to $4.0 million in Q2 2017 per RC's latest filing, from $4.2 million in the prior quarter.
- Across five years, Interest Expense - Fed Funds topped out at $16.3 million in Q4 2015 and bottomed at $64880.0 in Q3 2016.
- The 5-year median for Interest Expense - Fed Funds is $872503.0 (2013), against an average of $3.5 million.
- Across the five-year window, Interest Expense - Fed Funds plunged 39.05% in 2015 and surged 858.74% in 2016, its largest moves.
- Year by year, Interest Expense - Fed Funds stood at $659772.0 in 2013, then soared by 230.29% to $2.2 million in 2014, then jumped by 647.4% to $16.3 million in 2015, then slipped by 0.42% to $16.2 million in 2016, then sank by 75.04% to $4.0 million in 2017.
- Per Business Quant, the three latest RC Interest Expense - Fed Funds figures stand at $4.0 million (Q2 2017), $4.2 million (Q1 2017), and $16.2 million (Q4 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | Ready Capital | 243.87 Mn | 243.87 Mn | - |
Historic Data
Download 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 |