NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) ("Ready Capital") proudly announces a significant milestone for its non-bank SBA 7(a) subsidiary, ReadyCap Lending (RCL), as it closed $265.7 million of SBA 7(a) loans in the first four months of 2024. This achievement represents a remarkable 103% increase from the same period in the previous year, underscoring the success of its dual strategy catering to both large and small loans per SBA guidelines. In addition to this mileston ...

Dilok Klaisataporn Ready Capital Corporation (NYSE:RC) is a mortgage REIT, which in the company's own words means that it "originates, acquires, finances and services small-to- medium-sized balance commercial loans". We have covered this lender a few times on Seeking Alpha, the last time being after the Q4-2023 results were published. The business was using relatively less leverage compared to late 2022 and the distributable earnings, as expected, were following the same direction. The past due loans were c ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Commission File Number: 001-35808 READY CAPITAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Maryland 90-0729143 (State or Other Jurisdiction of Incorporation or Organization) (IRS Employer Identification No.) 1251 Avenue of the Americas, 50 th Floor, New ...

Ready Capital Corporation (NYSE:RC) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Andrew Ahlborn - Chief Financial Officer Tom Capasse - Chief Executive Officer Adam Zausmer - Chief Credit Officer Conference Call Participants Steve DeLaney - JMP Securities Jade Rahmani - KBW Cory Johnson - UBS Stephen Laws - Raymond James Crispin Love - Piper Sandler Matt Howlett - B. Riley Securities Operator Greetings, and welcome to Ready Capital's First Quarter 2024 Earnings Conference Cal ...

Exhibit 99.1 READY CAPITAL CORPORATION REPORTS FIRST QUARTER 2024 RESULTS - GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.45) - - DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.29 - - DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 8.6% - New York, New York, May 9, 2024 / Globe Newswire / – Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35808 READY CAPITAL CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...

Ready Capital Corporation (NYSE:RC) Q4 2023 Earnings Conference Call February 28, 2024 8:30 AM ET Company Participants Andrew Ahlborn - CFO Adam Zausmer - Chief Credit Officer Thomas E. Capasse - Chairman, Chief Investment Officer, and CEO Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymond James Douglas Harter - UBS Jade Rahmani - KBW Steven Delaney - JMP Securities Christopher Nolan - Ladenburg Thalmann Sarah Barcomb - BTIG Matt Howlett - B. Riley Securities Operator Greetings ...

Exhibit 99.1 READY CAPITAL CORPORATION REPORTS FOURTH QUARTER 2023 RESULTS - GAAP EARNINGS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $0.12 - - DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.26 - - DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS' EQUITY OF 7.5% - New York, New York, February 27, 2024 / Globe Newswire / – Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-marke ...

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Commission File Number: 001-35808 Table of Contents READY CAPITAL CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large a ...

Ready Capital Corporation (NYSE:RC) Q3 2023 Results Conference Call November 8, 2023 8:30 AM ET Company Participants Andrew Ahlborn - CFO Adam Zausmer - Chief Credit Officer Tom Capasse - CEO Conference Call Participants Sarah Barcomb - BTIG Jade Rahmani - KBW Henry Coffey - Wedbush Matt Howlett - B. Riley Securities Operator Greetings, and welcome to the Ready Capital Third Quarter 2023 Earnings Call [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conf ...