Ready Capital (RC) Non Operating Income (2014 - 2024)

Ready Capital (RC) recorded quarterly Non Operating Income of $5.0 million in Q2 2024, up 39.18% quarter-over-quarter from $3.6 million in Q1 2024, and up 16.94% on a YoY basis from $4.2 million in Q3 2023.

Ready Capital (RC) Non Operating Income (2014 - 2024) Analysis & Trends

Ready Capital's Non Operating Income history runs 10 years deep, the most recent figure standing at $5.0 million for Q2 2024.

  • In Q2 2024, Non Operating Income rose 16.94% year-over-year to $5.0 million; the TTM figure through Jun 2024 stood at $18.3 million (up 10.75% YoY), while the FY2023 annual figure was $18.8 million, up 12.7% from the prior year.
  • Non Operating Income was $5.0 million for Q2 2024 at Ready Capital, up from $3.6 million in the prior quarter.
  • In the past five years, Non Operating Income ranged from a high of $6.8 million in Q3 2022 to a low of $903000.0 in Q4 2021.
  • Historically, Non Operating Income has averaged $3.7 million across 5 years, with a median of $3.6 million in 2021.
  • The sharpest annual moves came in 2020 and 2021: Non Operating Income surged 207.85% in 2020, then plunged 75.25% in 2021.
  • A 5-year view of Non Operating Income shows it stood at $3.6 million in 2020, then slumped by 75.25% to $903000.0 in 2021, then soared by 68.44% to $1.5 million in 2022, then surged by 207.76% to $4.7 million in 2023, then rose by 6.17% to $5.0 million in 2024.
  • The last three Non Operating Income figures came in at $5.0 million (Q2 2024), $3.6 million (Q1 2024), and $4.7 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 9.32 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -433.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -3.13 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 11.72 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - -138.36 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 8.78 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -35.99 Mn
10 Ready Capital 279.88 Mn 279.88 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 4.97 Mn
Mar 31, 2024 3.57 Mn
Dec 31, 2023 4.68 Mn
Sep 30, 2023 5.10 Mn
Jun 30, 2023 4.25 Mn
Mar 31, 2023 4.01 Mn
Dec 31, 2022 1.52 Mn
Sep 30, 2022 6.76 Mn
Jun 30, 2022 6.30 Mn
Mar 31, 2022 2.13 Mn
Dec 31, 2021 903,000.00
Sep 30, 2021 3.54 Mn
Jun 30, 2021 2.97 Mn
Mar 31, 2021 2.65 Mn
Dec 31, 2020 3.65 Mn
Sep 30, 2020 3.47 Mn
Jun 30, 2020 3.50 Mn
Mar 31, 2020 3.09 Mn
Dec 31, 2019 1.19 Mn
Sep 30, 2019 1.72 Mn