Every 10-Q that Ready Capital Corporation (RC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RC filings page.
Ready Capital Corporation reported weak results for the three and six months ended June 30, 2026. For the quarter, net interest income before credit provisions was a loss of $ ( 5,452 ) (in thousands), versus income of $ 16,898 (in thousands) a year earlier, as interest income fell to $ 77,401 (in thousands) while interest expense was $ 82,853 (in thousands). The provision for loan losses rose to $ 21,554 (in thousands) for the quarter and $ 92,461 (in thousands) year-to-date, contributing to a net loss from continuing operations of $ ( 299,770 ) (in thousands) and net loss attributable to Ready Capital of $ ( 307,258 ) (in thousands), with diluted EPS of $( 1.87 ) for the first half.
Total assets declined to $ 6,263,916 (in thousands) at June 30, 2026 from $ 7,769,796 (in thousands) at December 31, 2025, driven mainly by lower loans held for sale and a reduction in assets of consolidated VIEs. Total liabilities were $ 4,913,679 (in thousands), and total stockholders’ equity fell to $ 1,341,876 (in thousands), as the retained deficit widened to $ ( 1,118,135 ) (in thousands). Loans, net were $ 3,409,500 (in thousands), with real estate owned of $ 572,850 (in thousands), and loans 60 or more days past due carried value of $ 646,604 (in thousands).
Cash flows from continuing operations were strong but reflected portfolio shrinkage and deleveraging. Net cash provided by operating activities was $ 665,296 (in thousands), and investing activities provided $ 944,637 (in thousands), largely from loan repayments and asset sales, while financing activities used $ ( 1,681,711 ) (in thousands) as the company repaid secured borrowings, securitized debt obligations, and corporate debt. Common dividends were sharply reduced to $ 0.01 per share for the quarter and $ 0.02 year-to-date, compared with $ 0.125 and $ 0.25, respectively, in the prior-year periods.
Ready Capital Corporation reported a sharp downturn for the quarter ended March 31, 2026, swinging to a net loss of $200.1 million from net income of $82.0 million a year earlier. The loss reflected a sizeable loan loss provision of $70.9 million versus a prior-year recovery of $109.6 million, along with net realized losses on financial instruments and real estate owned of $60.1 million.
Interest income fell to $81.7 million from $155.0 million, while non-interest income turned negative, partly because last year included a $102.5 million bargain purchase gain. Total assets declined to $6.31 billion from $7.77 billion at year-end, and total stockholders’ equity decreased to $1.44 billion as credit costs and losses accumulated. Basic earnings per common share dropped to $(1.25) compared with $0.47 in the prior-year quarter, and the common dividend was reduced to $0.01 per share from $0.125.
Ready Capital Corporation filed its Q3 2025 10‑Q, detailing a smaller balance sheet and mixed operating results. Total assets were $8.33 billion, down from $10.14 billion at year‑end, as loans, net reached $4.36 billion and real estate owned rose to $632.99 million. Cash and cash equivalents were $147.51 million.
On the income side, for the quarter ended September 30, 2025, interest income was $137.49 million and interest expense was $126.97 million, yielding net interest income of $10.52 million before credit costs. A $37.98 million provision for loan losses turned net interest income after provision to a loss of $27.46 million. Results were heavily influenced by fair‑value and portfolio actions: valuation recovery on loans held for sale was $178.23 million, offset by a $160.40 million net realized loss on financial instruments and real estate owned. The quarter also included a $24.47 million gain on bargain purchase.
Liability mix shifted with securitized debt of consolidated VIEs at $1.29 billion (from $3.58 billion) and senior secured notes at $721.15 million. Corporate debt stood at $666.62 million. Stockholders’ equity was $1.88 billion. Shares outstanding were 162,126,276 as of November 6, 2025.
Ready Capital Corporation (RC) reported mixed results for the quarter ended June 30, 2025, showing strong portfolio growth but a quarterly loss driven by lower interest income and valuation charges. Total assets were $9.31 billion, down from $10.14 billion at year-end, while net loans increased to $5.07 billion from $3.38 billion, and loans held for sale rose to $632.8 million from $241.6 million, reflecting active origination and acquisitions.
For the three months, interest income fell to $152.7 million (from $234.1 million), and net interest income after (provision for) recovery of loan losses was $8.3 million versus $69.8 million a year earlier. The company reported a net loss attributable to Ready Capital of $57.5 million for the quarter, though six-month results showed net income of $28.3 million. Key items included a $88.1 million bargain purchase gain from the UDF IV acquisition and significant valuation allowances on loans held for sale totaling $139.5 million year-to-date. Dividends declared per common share were reduced to $0.125 for the quarter (vs. $0.30 prior year quarter).