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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) Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025
Sales 81,730 123,970 137,490 152,740 154,970
Sales Growth -34.07% -9.83% -9.98% -1.44% -24.02%
Net Income -201,730 -234,180 -18,750 -55,490 79,510
Net Income Growth +13.86% -1,148.96% +66.21% -169.79% +125.15%
(Values in U.S. Thousands) Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025
Total Assets 6,314,290 7,769,800 8,332,100 9,308,800 9,976,450
Total Assets Growth -18.73% -6.75% -10.49% -6.69% -1.63%
Total Liabilities 4,865,590 6,118,170 6,448,540 7,374,770 7,926,900
Total Liabilities Growth -20.47% -5.12% -12.56% -6.97% -3.30%
(Values in U.S. Thousands) Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025
Operating Cash Flow 590,190 432,120 442,880 8,200 108,470
Operating Cash Flow Growth +36.58% -2.43% +5,300.98% -92.44% -60.53%
Net Cash Flow -8,330 66,760 11,720 39,710 65,610
Change in Net Cash Flow -112.48% +469.62% -70.49% -39.48% +182.29%
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