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

Ready Capital has reported Loans - Loss Allowance for 6 years, with the latest figure at $49.6 million in 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 was $49.6 million for Q2 2021 at Ready Capital, 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.
• Average Loans - Loss Allowance over 5 years is $20.0 million, with a median of $10.5 million recorded in 2018.
• The sharpest annual moves came in 2018 and 2020: Loans - Loss Allowance dropped 29.83% in 2018, then surged 547.41% in 2020.
• Over 5 years, Loans - Loss Allowance stood at $13.8 million in 2017, then decreased by 29.83% to $9.7 million in 2018, then fell by 23.02% to $7.4 million in 2019, then surged by 666.87% to $57.1 million in 2020, then fell by 13.03% to $49.6 million in 2021.
• The last three Loans - Loss Allowance figures came in at $49.6 million (Q2 2021), $57.1 million (Q2 2020), and $7.4 million (Q4 2019), per Business Quant data.