Ready Capital (RC) Mortgage Banking (2014 - 2017)
Ready Capital (RC) posted Mortgage Banking of $9.5 million for Q4 2017, down 11.77% on a QoQ basis from $10.7 million in Q3 2017, and up 51.12% year-over-year from $6.3 million in Q4 2016.
Analysis
Ready Capital (RC) Mortgage Banking (2014 - 2017) Analysis & Trends
Ready Capital has reported Mortgage Banking for 4 years, with the latest figure at $9.5 million in Q4 2017.
- On a quarterly basis, Mortgage Banking rose 51.12% year-over-year to $9.5 million in Q4 2017; TTM through Dec 2017 was $35.6 million, a 200.1% increase from a year earlier, with the FY2017 full-year figure at $41.7 million, up 492.92% from the prior year.
- Mortgage Banking was $9.5 million for Q4 2017 at Ready Capital, down from $10.7 million in the prior quarter.
- The five-year high for Mortgage Banking was $11.0 million in Q2 2017, with the low at $213540.0 in Q4 2014.
- Average Mortgage Banking over 4 years is $4.3 million, with a median of $2.1 million recorded in 2016.
- The sharpest annual moves came in 2015 and 2016: Mortgage Banking surged 1650.09% in 2015, then retreated 13.69% in 2016.
- Over 4 years, Mortgage Banking stood at $213540.0 in 2014, then soared by 1650.09% to $3.7 million in 2015, then jumped by 67.7% to $6.3 million in 2016, then jumped by 51.12% to $9.5 million in 2017.
- The last three Mortgage Banking figures came in at $9.5 million (Q4 2017), $10.7 million (Q3 2017), and $11.0 million (Q2 2017), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - |
Historic Data
Download Data
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 |