Ready Capital (RC) Provision for Credit Losses (2016 - 2026)
Ready Capital (RC) reported Provision for Credit Losses of $12.66 million for Q3 2026, down 66.7% from $37.98 million a year earlier and down 41.3% from the prior quarter.
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Analysis
Ready Capital (RC) Provision for Credit Losses (2016 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Ready Capital's Provision for Credit Losses came in at $255.11 million, up 14.9% year-over-year; for FY2025, it came in at $87.04 million, down 70.3% from FY2024.
- Provision for Credit Losses has a five-year compound annual growth rate of 20.2% (FY2020 to FY2025).
- By year, Provision for Credit Losses came in at $292.76 million in FY2024, $7.23 million in FY2023 (-79.0%), $34.44 million in FY2022 (+294.7%) and $8.73 million in FY2021 (-74.9%).
- The Q3 2026 figure ranks as the lowest quarterly Provision for Credit Losses since Q2 2025.
- Year over year, Provision for Credit Losses gained in 1 of the last four quarters, with growth averaging 1.7%.
- Per Business Quant data, the three quarters before Q3 2026 came in at $21.55 million (Q2 2026), $70.91 million (Q1 2026) and $149.99 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | -88.32 Mn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 14.87 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 1.14 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 1.27 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 259.36 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Ready Capital | 135.44 Mn | -449.48 Mn | - | 12.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.66 Mn |
| Jun 30, 2026 | 21.55 Mn |
| Mar 31, 2026 | 70.91 Mn |
| Dec 31, 2025 | 149.99 Mn |
| Sep 30, 2025 | 37.98 Mn |
| Jun 30, 2025 | 8.64 Mn |
| Mar 31, 2025 | -109.57 Mn |
| Dec 31, 2024 | 285.01 Mn |
| Sep 30, 2024 | 53.17 Mn |
| Jun 30, 2024 | -18.87 Mn |
| Mar 31, 2024 | -26.54 Mn |
| Dec 31, 2023 | 6.69 Mn |
| Sep 30, 2023 | -12.15 Mn |
| Jun 30, 2023 | 19.43 Mn |
| Mar 31, 2023 | -6.73 Mn |
| Dec 31, 2022 | 33.86 Mn |
| Sep 30, 2022 | 3.43 Mn |
| Jun 30, 2022 | -4.73 Mn |
| Mar 31, 2022 | 1.54 Mn |
| Dec 31, 2021 | 961,000.00 |
API Access
Ready Capital Provision for Credit Losses 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=provision-for-credit-losses&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "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=provision-for-credit-losses&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();