Ready Capital (RC) Mortgage Banking (2014 - 2017)
Ready Capital (RC) recorded Mortgage Banking of $9.47 million in Q4 2017, up 51.1% from $6.27 million a year earlier but down 11.8% from the prior quarter.
Ready Capital (RC) Mortgage Banking (2014 - 2017) Analysis & Trends
For FY2017, Ready Capital reported Mortgage Banking of $41.7 million, up 492.9% from FY2016.
- Annual Mortgage Banking has a three-year compound annual growth rate of 480.2% (FY2014 to FY2017).
- Across earlier years, Mortgage Banking came in at $7.03 million in FY2016 (+37.0%), $5.13 million in FY2015 and $213,540 in FY2014.
- Quarterly Mortgage Banking has ranged from $213,540 in Q4 2014 to $10.99 million in Q2 2017 over the past five years.
- On a year-over-year basis, Mortgage Banking has increased for seven consecutive quarters, with growth averaging 150.3% over the last eight quarters.
- Peak year-over-year performance for Mortgage Banking in the last five years was growth of 434.4% in Q2 2017, against a decline of 13.7% in Q1 2016 at the low end.
- Per Business Quant, the preceding three quarters came in at $10.74 million (Q3 2017), $10.99 million (Q2 2017) and $4.44 million (Q1 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2017 | 9.47 Mn |
| Sep 30, 2017 | 10.74 Mn |
| Jun 30, 2017 | 10.99 Mn |
| Mar 31, 2017 | 4.44 Mn |
| Dec 31, 2016 | 6.27 Mn |
| Sep 30, 2016 | 2.14 Mn |
| Jun 30, 2016 | 2.06 Mn |
| Mar 31, 2016 | 1.41 Mn |
| Dec 31, 2015 | 3.74 Mn |
| Sep 30, 2015 | 1.74 Mn |
| Jun 30, 2015 | 1.67 Mn |
| Mar 31, 2015 | 1.64 Mn |
| Dec 31, 2014 | 213,540.00 |
Ready Capital Mortgage Banking API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=mortgage-banking&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "ticker": "RC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=mortgage-banking&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();