Ready Capital Corp Income Statement

Income Statement Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 11.80M19.64M7.82M2.36M1.70M3.68M34.73M8.05M34.44M7.23M292.76M
Revenue 24.45M19.32M78.43M120.71M144.77M204.88M208.18M252.66M417.91M323.82M425.81M637.81M98.75M
Interest income
Interest income - Loans 10.47M76.08M136.83M130.51M128.74M159.96M218.27M252.72M374.69M634.43M930.57M860.81M
Interest income - Investments 10.47M26.14M17.51M6.63M4.74M5.12M3.44M
Interest Income - Debt Securities 9.40M15.95M4.83M12.08M4.89M3.34M4.21M6.10M6.10M13.68M5.37M4.44M3.99M
Other interest income 0.54M0.56M
Interest Income - Total 9.40M26.42M92.95M148.96M137.02M138.31M169.50M229.92M258.64M395.20M663.22M945.81M896.98M
Interest expenses
Interest Expense - Debt 24.48M25.84M26.09M35.48M49.01M45.43M56.52M127.39M194.42M197.04M
Interest Expense - Fed Funds 1.39M2.92M4.25M16.29M16.34M
Interest Expense - Others 3.61M8.91M9.43M
Interest Expenses 1.39M7.09M19.25M47.81M57.77M74.65M109.24M151.88M175.48M204.37M392.36M716.47M696.46M
Interest Income - Net 8.01M19.32M73.70M101.15M79.25M63.66M60.26M78.04M83.16M190.83M270.86M229.35M200.52M
Non-interest income
Interest Income - Total 61.91M81.51M71.43M61.30M58.56M74.35M48.43M182.78M236.41M222.12M-92.24M
Financial Services Fees 3.02M7.10M5.13M8.66M22.99M
Investment Gain (Loss) 0.03M-7.94M
Investment Banking Income 1.30M1.02M-0.60M2.94M63.02M36.24M54.64M198.94M101.04M-15.42M
Mortgage Banking 2.46M5.13M7.03M41.70M
Other Non-Interest Income 16.41M8.08M14.43M9.16M7.41M5.59M11.08M41.52M6.86M56.21M105.51M14.59M
Non-Interest Income 16.44M-3.62M4.73M19.56M65.52M141.22M147.92M174.63M334.76M132.99M154.95M408.47M-101.77M
Operating Items
Research & Development 2.74M2.41M2.94M3.69M3.62M4.83M6.72M5.15M6.16M7.43M
Wages, Salaries and Other 1.25M12.79M18.95M24.83M55.04M56.60M51.24M91.92M13.39M17.30M34.74M26.89M
Selling, General & Administrative 0.23M2.58M10.84M12.06M17.94M
Rent Expense 0.35M1.00M1.45M2.31M0.52M
Restructuring Costs 2.21M0.57M0.89M7.75M0.06M14.28M13.63M17.76M10.12M
Other Operating Expenses 3.95M7.02M2.85M37.70M48.52M148.85M139.49M171.89M321.95M164.17M196.54M246.97M312.39M
Operating Expenses 4.18M9.60M18.99M53.75M71.73M154.86M143.64M184.48M328.73M183.61M216.34M272.17M322.51M
Operating Income 12.31M18.10M22.82M16.68M13.21M13.58M12.38M38.26M36.76M75.27M
EBIT 14.65M12.31M18.10M22.82M16.68M13.21M13.58M12.38M38.26M36.76M75.27M179.94M
Non-operating items
Non Operating Investment Income -1.17M5.61M6.46M5.73M17.94M7.00M4.85M-18.79M-48.10M22.46M21.89M9.72M-14.99M
Other Non Operating Income 26.42M0.01M0.02M15.22M-2.70M-0.83M30.73M10.06M-10.43M-0.84M207.97M
Non Operating Income -1.83M26.42M41.59M37.80M8.70M7.58M7.18M13.70M10.07M16.71M18.83M
Net income details
EBT 7.55M36.29M53.23M65.22M47.65M62.84M64.50M54.45M132.16M175.03M358.42M-516.51M
Tax Provisions 2.84M7.81M9.65M1.84M1.39M-10.55M8.38M14.86M15.47M7.17M-104.51M
Profit After Tax 20.27M7.55M35.39M45.42M55.56M45.81M61.46M75.06M46.07M159.97M203.16M351.25M-430.40M
Equity Income 1.05M12.15M6.09M2.40M6.92M11.66M-0.91M10.89M
Income from Non-Controlling Interests 0.36M0.88M3.38M4.38M4.24M2.52M2.20M2.09M1.20M2.23M8.90M8.96M5.36M
Income from Continuing Operations 7.55M33.45M45.42M55.56M45.81M61.46M75.06M46.07M117.30M159.55M351.25M-412.00M
Consolidated Net Income 7.55M-2.67M-5.10M-3.54M45.81M61.46M75.06M46.07M56.90M57.87M-3.78M-24.53M
Income towards Parent Company 7.55M-2.67M-5.10M-3.54M45.81M61.46M75.06M46.07M56.90M57.87M-3.78M-24.53M
Preferred Dividend Payments 0.02M0.02M7.50M8.00M8.00M8.00M
Net Income towards Common Stockholders 19.43M6.66M26.74M-1.26M-3.54M45.81M61.46M72.97M44.87M150.24M186.27M331.45M-443.75M
Additional items
EPS (Basic) 7.130.921.301.621.931.381.841.720.812.171.732.27-2.63
EPS (Weighted Average and Diluted) 0.923.081.621.931.381.841.720.812.161.652.24-2.63
Shares Outstanding (Weighted Average) 7.97M7.97M8.84M32.00M32.07M45.10M54.47M73.59M110.51M172.12M168.53M
Shares Outstanding (Diluted Average) 10.68M8.90M117.19M148.57M170.47M
Tax Rate 7.83%14.67%14.80%3.86%2.21%15.40%11.24%8.84%2.00%20.23%