{
  "docId": "019de517-7f9a-74f4-8f95-e8d1afc22aa0",
  "docSlug": "9b4a9a83ec0a1fad3532a97474545a0d",
  "documentTitle": "Ready Capital | Results Presentation Deck | 19 slides",
  "authorId": "ready-capital",
  "authorName": "Ready Capital",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 4,
  "pageCount": 19,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 60,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de517-7f9a-74f4-8f95-e8d1afc22aa0/4",
  "deckHref": "/decks/019de517-7f9a-74f4-8f95-e8d1afc22aa0",
  "deckJsonHref": "/decks/019de517-7f9a-74f4-8f95-e8d1afc22aa0.json",
  "deckAnchorHref": "/decks/019de517-7f9a-74f4-8f95-e8d1afc22aa0#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.102,
        "w": 0.835,
        "x": 0.07,
        "y": 0.86
      },
      "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.\n2. 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.\n3. ROE based on net income before tax of the Residential Mortgage Banking business line divided by the business line's average monthly equity.\n4. Includes Employee Retention Credit processing fee income.\n5. Non-recurring gains, losses and expenses before applicable tax expenses.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "360c516a-12b2-4d7a-8a4f-304603b1166a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.709,
        "w": 0.866,
        "x": 0.068,
        "y": 0.153
      },
      "kind": "table",
      "text": "SBC Lending and Acquisitions 10.8% 10.8% 91.8% 12.4% 14.2% 12.1% 13.0%\nSmall Business Lending 43.7% 43.7% 4.4%\nResidential Mortgage Banking (3) 15.9% 7.5% 3.8%\nCorporate leverage, net of non-earning assets 0.6 2.2 0.5 1.7\nGross return on equity 13.0% 16.4% 12.6% 14.7%\nRealized & unrealized gains, net 2.0 1.8 2.0 1.8\nLoan loss recovery (provision) 1.9 (3.7) - -\nPPP revenue, net of direct expenses (4) 1.5 2.1 1.5 2.1\nNon-recurring gains, losses and expenses (5) (3.1) 40.9 - -\nOperating expenses (6.0) (7.3) (6.0) (7.0)\nInvestment advisory fees (1.2) (1.1) (1.2) (1.1)\nProvision for income taxes (0.6) (1.0) (0.6) (0.8)\nDividends on preferred stock (0.3) (0.4) (0.3) (0.4)\nReturn on equity 7.2% 47.7% 8.0% 9.3%",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0db885c5-e7ac-49ed-b07f-3ac2053789ee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.027,
        "w": 0.229,
        "x": 0.047,
        "y": 0.075
      },
      "kind": "title",
      "text": "Return on Equity",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2a679b5e-7b62-4b2e-85aa-2fcc7104f5cf",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 1,
      "beatId": "36c67b73-c4fa-4b70-a49e-8a147d025d08",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "What Is",
      "beatSlug": "sparkline-what-is-1",
      "evidence": "Introduction to Ready Capital's financial performance",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [
    {
      "to": 5,
      "from": 3,
      "name": "Aha Moment",
      "slug": "03-aha-moment",
      "bestFor": "Data-heavy sections, research findings, analytical arguments",
      "matchId": "bc1b2fac-c25b-4fd7-9665-0a3466ff4eec",
      "evidence": "The presentation highlights key financial metrics, such as Return on Equity",
      "position": 0,
      "objective": "Highlight key financial metrics",
      "structure": "The Problem/Question -> What the Data Shows -> The Insight",
      "confidence": 0.7,
      "description": "Establish a tension, present data, then deliver the insight that changes everything"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}