Earnings summaries and quarterly performance for Ready Capital.
Executive leadership at Ready Capital.
Board of directors at Ready Capital.
Research analysts who have asked questions during Ready Capital earnings calls.
Jade Rahmani
Keefe, Bruyette & Woods
6 questions for RC
Also covers: ABR, ACRE, AMH +22 more
Crispin Love
Piper Sandler
4 questions for RC
Also covers: ABL, ABR, AGNC +24 more
Douglas Harter
UBS
4 questions for RC
Also covers: ACRE, ACT, AGNC +42 more
Christopher Nolan
Ladenburg Thalmann
2 questions for RC
Also covers: EIC, GLAD, HTGC +6 more
Doug Harter
UBS Group AG
2 questions for RC
Also covers: ARCC, ARR, BETR +12 more
Stephen Laws
Raymond James
2 questions for RC
Also covers: ABR, ACR, AJX +16 more
Matthew Howlett
B. Riley Securities
1 question for RC
Also covers: AOMR, BRSP, BUR +9 more
Randy Binner
B. Riley Securities
1 question for RC
Also covers: ARR, BRSP, BUR +13 more
Recent press releases and 8-K filings for RC.
Ready Capital Reports Q3 2025 Loss and Outlines Debt Maturity Strategy
RC
Earnings
Debt Issuance
Share Buyback
- Ready Capital reported a GAAP loss from continuing operations of $0.13 per common share and a distributable earnings loss of $0.94 per common share for Q3 2025, with book value per share at $10.28.
- The company is actively repositioning its balance sheet, completing two portfolio sales totaling $758 million in unpaid principal balance and netting $109 million, while also repurchasing 2.5 million shares at an average price of $4.17.
- Ready Capital is prioritizing the management of $650 million of debt maturing in 2026, leveraging $830 million of unencumbered assets (including $150 million of unrestricted cash) and $425 million in expected net liquidity from portfolio maturities and asset resolutions.
- The small business lending platform contributed positively, generating $11 million in net income from $175 million of SBA 7(a) loans and $67 million of USDA production in the quarter.
Nov 7, 2025, 1:30 PM
Ready Capital Reports Q3 2025 Loss Amidst Balance Sheet Repositioning and Debt Maturity Focus
RC
Earnings
Debt Issuance
Share Buyback
- Ready Capital reported a GAAP loss from continuing operations of $0.13 per common share and a distributable earnings loss of $0.94 per common share for Q3 2025, with book value per share at $10.28 at quarter-end.
- The company is actively repositioning its balance sheet, completing two portfolio sales totaling $758 million in unpaid principal balance, which included a sale of 21 loans that contributed $0.02 per share to earnings in the quarter.
- Ready Capital faces $650 million of debt maturing in 2026 and plans to address these obligations using $830 million of unencumbered assets (including $150 million of unrestricted cash) and $425 million in net liquidity from portfolio maturities and asset resolutions over the next 12 months.
- Small business lending operations originated $175 million of SBA 7(a) loans and $67 million of USDA production, generating $11 million in net income and adding 280 basis points return on equity. The company also repurchased 2.5 million shares at an average price of $4.17.
Nov 7, 2025, 1:30 PM
Ready Capital Reports Q3 2025 Financial Results
RC
Earnings
Dividends
Share Buyback
- Ready Capital Corporation (RC) reported a net loss from continuing operations of $(0.13) per common share and distributable losses of $(0.94) per common share for Q3 2025.
- The company declared a dividend of $0.125 per common share and its book value per share was $10.28.
- RC repurchased 2.5 million shares at an average price of $4.17, which had a $0.09 positive impact on book value per share.
- The total loan portfolio stood at $6.5 billion, with a 60+ core delinquency rate of 5.9% at quarter end.
- The company completed two portfolio sales of commercial real estate loans totaling $758 million, generating net proceeds of $109 million.
Nov 7, 2025, 1:30 PM
Ready Capital Reports Q3 2025 Financial Results and Strategic Initiatives
RC
Earnings
Debt Issuance
Dividends
- Ready Capital reported a GAAP loss from continuing operations of $0.13 per common share and a distributable earnings loss of $0.94 per common share for Q3 2025, with net interest income declining to $10.5 million.
- The company is actively repositioning its balance sheet, completing two portfolio sales totaling $758 million in unpaid principal balance and reducing its CRE loan exposure, while delinquencies increased to 5.9% of the total portfolio.
- Ready Capital faces $650 million of debt maturing in 2026 and plans to address these obligations through $830 million in unencumbered assets (including $150 million of unrestricted cash), $425 million in net liquidity from portfolio maturities, accelerated asset sales, and new debt issuance.
- Small business lending operations originated $175 million of SBA 7(a) loans and $67 million of USDA production in Q3 2025, generating $11 million in net income and adding 280 basis points return on equity.
- Book value per share was $10.28 at quarter-end, down $0.16 from June 30, partially offset by the repurchase of 2.5 million shares at an average price of $4.17.
Nov 7, 2025, 1:30 PM
Ready Capital Corporation Reports Third Quarter 2025 Results
RC
Earnings
Share Buyback
- Ready Capital Corporation reported a GAAP loss per common share from continuing operations of $(0.13) and a distributable loss per common share of $(0.94) for the quarter ended September 30, 2025.
- As of September 30, 2025, the company's book value per share was $10.28.
- During the quarter, the company originated $139 million in LMM commercial real estate loans and $283 million in Small Business Lending loans.
- Ready Capital completed two portfolio sales consisting of 217 loans with an unpaid principal balance of $758 million, generating $109 million in net proceeds.
- The company acquired approximately 2.5 million shares of its common stock at an average price of $4.17 per share as part of its stock repurchase program.
Nov 6, 2025, 9:45 PM
Ready Capital Corporation Reports Third Quarter 2025 Results
RC
Earnings
Share Buyback
Dividends
- Ready Capital Corporation reported a GAAP loss per common share from continuing operations of $(0.13) and a distributable loss per common share of $(0.94) for the third quarter ended September 30, 2025.
- As of September 30, 2025, the book value per share of common stock was $10.28.
- The company repurchased approximately 2.5 million shares of its common stock at an average price of $4.17 per share and declared a dividend of $0.125 per common share.
- Total loan originations for the quarter amounted to $421.8 million, including $139 million in LMM commercial real estate and $283 million in Small Business Lending.
- Ready Capital completed two portfolio sales, generating net proceeds of $109 million from loans with an unpaid principal balance of $758 million.
Nov 6, 2025, 9:32 PM
Quarterly earnings call transcripts for Ready Capital.
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