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| 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 | 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 |