---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-002096"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:32:06.681476+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ready Capital Q4 2022 distributable EPS $0.42, GAAP EPS $0.08, book value $15.20

## Summary
- GAAP EPS $0.08 per common share; distributable EPS $0.42 per common share.
- Distributable return on average stockholders' equity 11.4%.
- Total investments of $1.4B, including $891M SBC originations/acquisitions.
- Completed securitization of $860M floating rate SBC loans; sold $657M senior bonds at SOFR+3.0%.
- Acquired ~3.6M shares at avg $10.34; declared $0.40 dividend with 1.1x coverage.

## SEC filing metadata
- accession: 0001558370-23-002096
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000155837023002096/0001558370-23-002096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000155837023002096/rc-20230227x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-002096
- JSON: https://secwatch.observer/filing/0001558370-23-002096.json
- Plain text: https://secwatch.observer/filing/0001558370-23-002096.txt

## Key facts
- Earnings Releases
  Ready Capital Corp reported the quarter ended December 31, 2022 results: EPS GAAP EARNINGS PER COMMON SHARE OF $0.08.
  - Period: the quarter ended December 31, 2022
  - EPS: GAAP EARNINGS PER COMMON SHARE OF $0.08
  - Result: reported results
  source text: READY CAPITAL CORPORATION REPORTS FOURTH QUARTER 2022 RESULTS - GAAP EARNINGS PER COMMON SHARE OF $0.08 - - DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.42 -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527590/000155837023002096/0001558370-23-002096-index.htm

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