Ready Capital Corporation

RC

NYSE

2.62

USD

+0.01(+0.19%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Ready Capital Corporation fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

-1.49

Price/Book

0.00

Debt/Equity

0.00%

Return on Equity

-25.41%

Dividend Yield

23.85%

EBITDA

0.00

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through three segments: SBC Lending and Acquisitions; Small Business Lending; and Residential Mortgage Banking. The SBC Lending and Acquisitions segment, through its subsidiary, ReadyCap Commercial, LLC, originate SBC loans secured by stabilized or transitional investor properties using various loan origination channels. The Small Business Lending segment, through its subsidiary, ReadyCap Lending, LLC, acquires, originates, and services owner-occupied loans guaranteed by the SBA under its SBA Section 7(a) Program. The Residential Mortgage Banking segment, through its subsidiary, GMFS, LLC, originates residential mortgage loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	384,652,000	296,336,000	383,333,000	389,936,000	27,354,000
Gross Profit	384,652,000	296,336,000	383,333,000	389,936,000	27,354,000
Operating Income	0	0	0	0	0
Net Income	44,870,000	157,744,000	194,263,000	339,451,000	-435,755,000
Total Assets	5,372,095,000	9,534,031,000	11,620,977,000	12,441,217,000	10,141,921,000
Total Current Liabilities	569,963,000	655,962,000	457,752,000	345,127,000	0
Total Equity	834,208,000	1,280,598,000	1,898,595,000	2,646,762,000	1,935,742,000
Free Cash Flow	68,893,000	-3,739,249,000	359,148,000	33,067,999	-51,220,000
Cash from Operations	68,893,000	-34,441,000	359,148,000	33,067,999	-51,220,000
Cash from Investing	-59,442,000	-1,718,405,000	-1,556,428,000	1,037,506,000	1,861,052,000
Cash from Financing	63,051,000	1,875,692,000	1,170,979,000	-1,085,087,000	-1,879,780,000
Net Change in Cash	72,502,000	122,846,000	-26,301,000	-50,373,000	5,768,000

Ready Capital Corporation

RC

2.62

Ready Capital Corporation fundamentals

Key ratios

Statements Highlights

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