Ready Capital (RC) Loans - Loss Allowance (2016 - 2021)

Ready Capital's (RC) quarterly Loans - Loss Allowance came in at $49.6 million in Q2 2021, down 13.03% year-on-year from $57.1 million in Q2 2020, and down 13.03% quarter-over-quarter from $57.1 million in Q2 2020.

Ready Capital (RC) Loans - Loss Allowance (2016 - 2021) Analysis & Trends

Ready Capital's Loans - Loss Allowance history runs 6 years deep, the most recent figure standing at $49.6 million for Q2 2021.

  • On a quarterly basis, Loans - Loss Allowance fell 13.03% year-over-year to $49.6 million in Q2 2021; TTM through Jun 2021 was $49.6 million, a 13.03% decrease from a year earlier, with the FY2019 full-year figure at $7.4 million, changed N/A from the prior year.
  • Loans - Loss Allowance eased to $49.6 million in Q2 2021 per RC's latest filing, from $57.1 million in the prior quarter.
  • Across five years, Loans - Loss Allowance topped out at $57.1 million in Q2 2020 and bottomed at $7.4 million in Q4 2019.
  • The 5-year median for Loans - Loss Allowance is $10.5 million (2018), against an average of $20.0 million.
  • Across the five-year window, Loans - Loss Allowance declined 29.83% in 2018 and soared 547.41% in 2020, its largest moves.
  • Year by year, Loans - Loss Allowance stood at $13.8 million in 2017, then retreated by 29.83% to $9.7 million in 2018, then declined by 23.02% to $7.4 million in 2019, then jumped by 666.87% to $57.1 million in 2020, then declined by 13.03% to $49.6 million in 2021.
  • Per Business Quant, the three latest RC Loans - Loss Allowance figures stand at $49.6 million (Q2 2021), $57.1 million (Q2 2020), and $7.4 million (Q4 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Loss Allowance (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, 2021 49.63 Mn
Jun 30, 2020 57.06 Mn
Dec 31, 2019 7.44 Mn
Jun 30, 2019 8.81 Mn
Mar 31, 2019 8.28 Mn
Jun 30, 2018 9.67 Mn
Mar 31, 2018 10.53 Mn
Jun 30, 2017 13.78 Mn
Mar 31, 2017 14.68 Mn
Jun 30, 2016 15.69 Mn