{
  "docId": "019de517-7f1d-75ba-96f8-448e03735f4e",
  "docSlug": "ba450d4003ee0c791770382f5667314e",
  "documentTitle": "Ready Capital | Investor Presentation Deck | 37 slides",
  "authorId": "ready-capital",
  "authorName": "Ready Capital",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 26,
  "pageCount": 37,
  "prevPage": 25,
  "nextPage": 27,
  "slideType": "other",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 50,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de517-7f1d-75ba-96f8-448e03735f4e/26",
  "deckHref": "/decks/019de517-7f1d-75ba-96f8-448e03735f4e",
  "deckJsonHref": "/decks/019de517-7f1d-75ba-96f8-448e03735f4e.json",
  "deckAnchorHref": "/decks/019de517-7f1d-75ba-96f8-448e03735f4e#slide-26",
  "components": [
    {
      "bbox": {
        "h": 0.025,
        "w": 0.407,
        "x": 0.498,
        "y": 0.863
      },
      "kind": "source-note",
      "text": "3. ROE based on net income before tax of the Residential Mortgage Banking business line divided by the business line's average monthly equity.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "261ccce6-c2fe-4c88-853d-03176b2f4392",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.407,
        "x": 0.498,
        "y": 0.902
      },
      "kind": "source-note",
      "text": "5. Non-recurring gains, losses and expenses before applicable tax expenses.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "27d9a87b-ce95-46ad-8670-c39f38a2fa13",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.407,
        "x": 0.498,
        "y": 0.89
      },
      "kind": "source-note",
      "text": "4. Includes Employee Retention Credit processing fee income.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bd4f78c6-7f28-4b9b-bdf9-7bda0d98128d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.407,
        "x": 0.073,
        "y": 0.863
      },
      "kind": "source-note",
      "text": "1. Levered yield includes interest income, accretion of discount, MSR creation, income from unconsolidated joint ventures, realized gains (losses) on loans held for sale, unrealized gains (losses) on loans held for sale and servicing income net of interest expense and amortization of deferred financing costs on an annualized basis.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c6f54fa3-2a09-47e2-977d-e77c1aa63f75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.407,
        "x": 0.073,
        "y": 0.925
      },
      "kind": "source-note",
      "text": "2. GAAP ROE is based on GAAP Net Income, while Distributable ROE is based on Distributable Earnings, which adjusts GAAP Net Income for certain items detailed on the \"Distributable Earnings Reconciliation\" slide.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e1cf46e3-40ad-458c-90cf-d9b003f7276f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.67,
        "w": 0.865,
        "x": 0.068,
        "y": 0.158
      },
      "kind": "table",
      "text": "Segment, Levered Yield (1), Distributable Levered Yield (1), Equity Allocation, GAAP ROE (2) Q3'23, GAAP ROE (2) Q2'23, Distributable ROE (2) Q3'23, Distributable ROE (2) Q2'23",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "68d6e40c-7034-43b9-ad0f-a09719854c48",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.027,
        "w": 0.22,
        "x": 0.047,
        "y": 0.08
      },
      "kind": "title",
      "text": "Return on Equity",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ac7bcd88-5b10-4a3a-8dd6-f1ee719df5a9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "95bbc6f8-2dcb-448f-8b20-6b9c9f8ec711",
      "evidence": "table/data showing ROE data for different segments",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 29,
      "from": 24,
      "beatId": "1592e305-d05c-4135-a043-aeb7e139d43f",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The presentation provides a detailed overview of Ready Capital's financial performance",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}