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
DateValue
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