Here are the 10-Q quarterly reports from Ready Capital Corporation 5.75% Senior Notes due 2026 (RCC) in our archive since June 2025, 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 RCC 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 RCC filings page.
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.