RC, RCB, RCC, RCD, RC-PC, RC-PE · CIK 0001527590 · operating
Ready Capital Corporation operates as a real estate finance company originating and acquiring commercial real estate loans, small business loans, and residential mortgage products. The company focuses on lower-to-middle-market commercial real estate across the full loan lifecycle, including construction, bridge, stabilized, and agency loan origination channels. It also originates and services mortgage-backed securities collateralized primarily by commercial real estate loans and other real estate-related investments.
The company maintains two primary business segments. The LMM Commercial Real Estate segment originates loans across various property stages and financing structures. The Small Business Lending segment acquires, originates, and services loans guaranteed by the Small Business Administration under its Section 7(a) Program, as well as USDA loans and owner-occupied small business loans.
Ready Capital is incorporated in Maryland and headquartered in New York. The company operates as a real estate investment trust and is subject to REIT distribution requirements, obligating it to distribute at least 90% of taxable income to shareholders. The company was founded in 2007 and was previously known as Sutherland Asset Management Corporation before rebranding in September 2018. Ready Capital trades on the New York Stock Exchange.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-2.63 | $-2.63 | -218.5% | |
| 2023 | $2.22 | $2.25 | +33.7% | |
| 2022 | $1.66 | $1.73 | -23.5% | |
| 2021 | $2.17 | $2.17 | +342.9% | |
| 2020 | $0.49 | $0.49 | +14.0% | |
| 2019 | $0.43 | $0.43 | +43.3% | |
| 2018 | $0.30 | $0.30 | -78.3% | |
| 2017 | $1.38 | $1.38 | — | |
| 2016 | — | — | — | |
| 2015 | $-0.21 | $-0.21 | -1150.0% | |
| 2014 | $0.02 | $0.02 | -98.0% | |
| 2013 | $0.98 | $1.01 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-03 | 0001628280-25-009464 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0001558370-24-002034 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0001558370-23-002422 | SEC ↗ |
| 2021-12-31 | 2022-02-28 | 0001558370-22-002392 | SEC ↗ |
| 2020-12-31 | 2021-03-15 | 0001558370-21-003005 | SEC ↗ |
| 2019-12-31 | 2020-03-12 | 0001558370-20-002546 | SEC ↗ |
| 2018-12-31 | 2019-03-13 | 0001558370-19-001928 | SEC ↗ |
| 2017-12-31 | 2018-03-16 | 0001558370-18-002174 | SEC ↗ |
| 2016-12-31 | 2017-03-15 | 0001558370-17-001850 | SEC ↗ |
| 2015-12-31 | 2016-03-10 | 0001144204-16-087286 | SEC ↗ |
| 2014-12-31 | 2015-03-16 | 0001206774-15-000907 | SEC ↗ |
| 2013-12-31 | 2014-03-13 | 0001206774-14-000850 | SEC ↗ |
| 2012-12-31 | 2013-03-28 | 0001206774-13-001217 | SEC ↗ |