Ready Capital (RC) Retained Earnings (2012 - 2024)
Ready Capital (RC) posted Retained Earnings of $2.3 billion for Q2 2024, down 0.85% on a QoQ basis from $2.3 billion in Q1 2024, and down 1.13% year-over-year from $2.3 billion in Q3 2023.
Analysis
Ready Capital (RC) Retained Earnings (2012 - 2024) Analysis & Trends
Ready Capital has reported Retained Earnings for 13 years, with the latest figure at $2.3 billion in Q2 2024.
- On a quarterly basis, Retained Earnings fell 1.13% year-over-year to $2.3 billion in Q2 2024; TTM through Jun 2024 was $2.3 billion, a 1.13% decrease from a year earlier, with the FY2023 full-year figure at $2.3 billion, up 37.88% from the prior year.
- Retained Earnings was $2.3 billion for Q2 2024 at Ready Capital, down from $2.3 billion in the prior quarter.
- The five-year high for Retained Earnings was $2.3 billion in Q4 2023, with the low at $837.1 million in Q1 2020.
- Average Retained Earnings over 5 years is $1.6 billion, with a median of $1.7 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Retained Earnings jumped 58.3% in 2022, then dropped 2.06% in 2023.
- Over 5 years, Retained Earnings stood at $849.5 million in 2020, then soared by 36.76% to $1.2 billion in 2021, then soared by 44.95% to $1.7 billion in 2022, then soared by 37.88% to $2.3 billion in 2023, then retreated by 1.48% to $2.3 billion in 2024.
- The last three Retained Earnings figures came in at $2.3 billion (Q2 2024), $2.3 billion (Q1 2024), and $2.3 billion (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 28.89 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 19.83 Bn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | -337.91 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | -567.20 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 5.95 Bn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -2.19 Bn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 5.89 Bn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | -360.93 Mn |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 2.29 Bn |
| Mar 31, 2024 | 2.31 Bn |
| Dec 31, 2023 | 2.32 Bn |
| Sep 30, 2023 | 2.32 Bn |
| Jun 30, 2023 | 2.31 Bn |
| Mar 31, 2023 | 1.69 Bn |
| Dec 31, 2022 | 1.68 Bn |
| Sep 30, 2022 | 1.72 Bn |
| Jun 30, 2022 | 1.72 Bn |
| Mar 31, 2022 | 1.72 Bn |
| Dec 31, 2021 | 1.16 Bn |
| Sep 30, 2021 | 1.12 Bn |
| Jun 30, 2021 | 1.09 Bn |
| Mar 31, 2021 | 1.09 Bn |
| Dec 31, 2020 | 849.54 Mn |
| Sep 30, 2020 | 846.96 Mn |
| Mar 31, 2020 | 837.06 Mn |
| Dec 31, 2019 | 822.84 Mn |
| Sep 30, 2019 | 720.82 Mn |
| Jun 30, 2019 | 720.81 Mn |