---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-016617"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:22:10.085021+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ready Capital Q3 GAAP EPS $0.53, distributable EPS $0.46, book value $15.40

## Summary
- Net income $66.3M, diluted EPS $0.53; distributable earnings $58.2M, $0.46 per share.
- Total investment activity $1.5B includes $831.1M SBC, $534.3M residential, $133.6M SBA.
- Declared $0.42/share dividend, covered 1.1x by distributable earnings.
- Issued $100M of 7.375% senior notes due 2027; increased repurchase program to $50M.
- Subsequent to Q3: repurchased ~3.6M shares at avg $10.34 in Oct; securitized $860.1M SBC loans.

## SEC filing metadata
- accession: 0001558370-22-016617
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000155837022016617/0001558370-22-016617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000155837022016617/rc-20221107x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-016617
- JSON: https://secwatch.observer/filing/0001558370-22-016617.json
- Plain text: https://secwatch.observer/filing/0001558370-22-016617.txt

## Key facts
- Earnings Releases
  Ready Capital Corp reported the quarter ended September 30, 2022 results: net income $66.3 million, EPS $0.53 per common share.
  - Period: the quarter ended September 30, 2022
  - Net income: $66.3 million
  - EPS: $0.53 per common share
  - Result: reported results
  source text: Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527590/000155837022016617/0001558370-22-016617-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.