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Ready Capital (FRA:0SZ) Allowance For Loans And Lease Losses : €-74.7 Mil (As of Dec. 2023)


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What is Ready Capital Allowance For Loans And Lease Losses?

Ready Capital's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was €-74.7 Mil.

Ready Capital's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 (€-71.1 Mil) to Sep. 2023 (€-69.5 Mil) but then declined from Sep. 2023 (€-69.5 Mil) to Dec. 2023 (€-74.7 Mil).

Ready Capital's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-29.4 Mil) to Dec. 2022 (€-57.6 Mil) and declined from Dec. 2022 (€-57.6 Mil) to Dec. 2023 (€-74.7 Mil).


Ready Capital Allowance For Loans And Lease Losses Historical Data

The historical data trend for Ready Capital's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ready Capital Allowance For Loans And Lease Losses Chart

Ready Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.29 -27.31 -29.40 -57.62 -74.67

Ready Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -57.62 -30.83 -71.09 -69.48 -74.67

Ready Capital Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Ready Capital Allowance For Loans And Lease Losses Related Terms

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Ready Capital (FRA:0SZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ready Capital Corp (FRA:0SZ) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020
Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.

Ready Capital (FRA:0SZ) Headlines

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