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Ready Capital Corp (RC)

Ready Capital Corp (RC)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Ready Capital Corporation is a publicly-traded mortgage REIT and is externally managed by Waterfall Asset Management LLC. The company provides non-bank real estate and small business. It lends primarily to multifamily and commercial real estate, delivering value-add bridge loans and fixed rate financings for stabilized assets. The company approved Freddie Mac Small Balance Loan lender and provides residential mortgage lending through its wholly-owned subsidiary GMFS Inc. Ready Capital Corporation, formerly known as Sutherland Asset Management Corporation, is based in New York, United States.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 569,170 896,980 945,810 671,170 403,500
Sales Growth -36.55% -5.16% +40.92% +66.34% +56.01%
Net Income -228,920 -435,760 339,450 194,260 157,740
Net Income Growth +47.47% -228.37% +74.74% +23.15% +251.55%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 7,769,800 10,141,920 12,441,220 11,620,980 9,534,030
Total Assets Growth -23.39% -18.48% +7.06% +21.89% +77.47%
Total Liabilities 6,118,170 8,197,820 9,802,820 9,730,740 8,253,430
Total Liabilities Growth -25.37% -16.37% +0.74% +17.90% +81.88%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 432,120 274,820 51,130 359,150 -34,440
Operating Cash Flow Growth +57.24% +437.49% -85.76% +1,142.83% -149.99%
Net Cash Flow 66,760 -79,730 -11,100 -26,300 122,850
Change in Net Cash Flow +183.73% -618.29% +57.79% -121.41% +69.45%
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