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Ready Capital Corp (RC)

Ready Capital Corp (RC)
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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 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 123,970 137,490 152,740 154,970 203,970
Sales Growth -9.83% -9.98% -1.44% -24.02% -9.96%
Net Income -234,180 -18,750 -55,490 79,510 -316,140
Net Income Growth -1,148.96% +66.21% -169.79% +125.15% -3,295.70%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 7,769,800 8,332,100 9,308,800 9,976,450 10,141,920
Total Assets Growth -6.75% -10.49% -6.69% -1.63% -9.87%
Total Liabilities 6,118,170 6,448,540 7,374,770 7,926,900 8,197,820
Total Liabilities Growth -5.12% -12.56% -6.97% -3.30% -8.04%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow 432,120 442,880 8,200 108,470 274,820
Operating Cash Flow Growth -2.43% +5,300.98% -92.44% -60.53% +11.87%
Net Cash Flow 66,760 11,720 39,710 65,610 -79,730
Change in Net Cash Flow +469.62% -70.49% -39.48% +182.29% -196.17%
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