Ready Capital (RC) Loans - Loss Allowance (2016 - 2021)
Ready Capital (RC) posted quarterly Loans - Loss Allowance of $49.6 million for Q2 2021, down 13.03% year-over-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.
- In Q2 2021, Loans - Loss Allowance fell 13.03% year-over-year to $49.6 million; the TTM figure through Jun 2021 stood at $49.6 million (down 13.03% YoY), while the FY2019 annual figure was $7.4 million, changed N/A from the prior year.
- Loans - Loss Allowance for Q2 2021 stood at $49.6 million, down from $57.1 million in the prior quarter.
- The five-year high for Loans - Loss Allowance was $57.1 million in Q2 2020, with the low 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.
- The sharpest annual moves came in 2018 and 2020: Loans - Loss Allowance decreased 29.83% in 2018, then soared 547.41% in 2020.
- Ready Capital's Loans - Loss Allowance stood at $13.8 million in 2017, then fell by 29.83% to $9.7 million in 2018, then dropped by 23.02% to $7.4 million in 2019, then soared by 666.87% to $57.1 million in 2020, then dropped by 13.03% to $49.6 million in 2021.
- Business Quant data shows RC's Loans - Loss Allowance at $49.6 million in Q2 2021, $57.1 million in Q2 2020, and $7.4 million in Q4 2019.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (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, 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 |