Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017)
Ready Capital (RC) posted quarterly Interest Expense - Fed Funds of $4.0 million for Q2 2017, up 9.79% year-over-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.
- In Q2 2017, Interest Expense - Fed Funds rose 9.79% year-over-year to $4.0 million; the TTM figure through Jun 2017 stood at $24.6 million (up 3.02% YoY), while the FY2016 annual figure was $16.3 million, changed 0.35% from the prior year.
- Interest Expense - Fed Funds for Q2 2017 stood at $4.0 million, 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.
- The 5-year median for Interest Expense - Fed Funds is $872503.0 (2013), against an average of $3.5 million.
- The sharpest annual moves came in 2015 and 2016: Interest Expense - Fed Funds tumbled 39.05% in 2015, then surged 858.74% in 2016.
- Ready Capital's Interest Expense - Fed Funds stood at $659772.0 in 2013, then surged by 230.29% to $2.2 million in 2014, then soared by 647.4% to $16.3 million in 2015, then decreased by 0.42% to $16.2 million in 2016, then slumped by 75.04% to $4.0 million in 2017.
- Business Quant data shows RC's Interest Expense - Fed Funds at $4.0 million in Q2 2017, $4.2 million in Q1 2017, and $16.2 million in Q4 2016.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Ready Capital | 281.50 Mn | 281.50 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 |