Ready Capital (RC) Mortgage Banking (2014 - 2017)

Ready Capital's (RC) quarterly Mortgage Banking came in at $9.5 million in Q4 2017, up 51.12% year-on-year from $6.3 million in Q4 2016, and down 11.77% quarter-over-quarter from $10.7 million in Q3 2017.

Ready Capital (RC) Mortgage Banking (2014 - 2017) Analysis & Trends

Ready Capital's Mortgage Banking history runs 4 years deep, the most recent figure standing at $9.5 million for 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 258.8% increase from a year earlier, with the FY2017 full-year figure at $41.7 million, up 492.92% from the prior year.
  • Mortgage Banking slipped to $9.5 million in Q4 2017 per RC's latest filing, from $10.7 million in the prior quarter.
  • Across five years, Mortgage Banking topped out at $11.0 million in Q2 2017 and bottomed at $195567.0 in Q3 2016.
  • The 4-year median for Mortgage Banking is $2.1 million (2016), against an average of $3.9 million.
  • Across the five-year window, Mortgage Banking slumped 61.43% in 2016 and surged 5389.17% in 2017, its largest moves.
  • Year by year, Mortgage Banking stood at $213540.0 in 2014, then surged by 1650.09% to $3.7 million in 2015, then soared by 67.7% to $6.3 million in 2016, then soared by 51.12% to $9.5 million in 2017.
  • Per Business Quant, the three latest RC Mortgage Banking figures stand at $9.5 million (Q4 2017), $10.7 million (Q3 2017), and $11.0 million (Q2 2017).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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 195,567.00
Jun 30, 2016 2.06 Mn
Mar 31, 2016 1.41 Mn
Dec 31, 2015 3.74 Mn
Sep 30, 2015 507,082.00
Jun 30, 2015 499,784.00
Mar 31, 2015 388,997.00
Dec 31, 2014 213,540.00