secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001558370-23-002096
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000155837023002096/0001558370-23-002096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000155837023002096/rc-20230227x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-002096

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