Ready Capital (RC) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Net loss from continuing operations was $(0.13) per common share[5] - Distributable losses were $(0.94) per common share[5] - Distributable losses before realized losses were $(0.04) per common share[5] - A dividend of $0.125 per common share was declared[5] Loan Portfolio - Total loan portfolio amounted to $6.5 billion[5] - Total loan originations reached $421.8 million[5] - Loan repayments and sales totaled $1.3 billion[5] - New 60+ day core delinquencies were $39.9 million, with a 60+ day core delinquency rate of 5.9% at quarter end[5] - The company completed a first portfolio sale of commercial real estate loans worth $665 million, generating net proceeds of $85 million[5] - A second portfolio sale of commercial real estate loans worth $93 million generated net proceeds of $24 million[5] Capitalization - The company repurchased 2.5 million shares at an average price of $4.17, resulting in a book value per share (BVPS) impact of $0.09[5]