Ready Capital Q3 GAAP EPS $0.25, Distributable EPS $0.28; Dividend $0.36

Ready Capital Corp

2023-Q3 EPS reported $2.30

GAAP EPS $0.25; Distributable EPS $0.28; Distributable ROE 8.0%.
Total investments $984M: SBC originations $464M, residential mortgage $391M, SBA 7(a) $129M.
Repaid $115M of 7.00% Convertible Senior Notes due August 2023.
Net book value $14.42 per share; declared cash dividend $0.36 per share.
Introduced Small Balance Construction and Residential Finance program (loans $5M-$20M).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ready Capital Corp reported financial results for quarter ended September 30, 2023.

Period: quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 7, 2023, Ready Capital Corporation (the “Company”) issued an earnings release announcing the financial results for the quarter ended September 30, 2023.

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Source: SEC EDGAR

accession 0001558370-23-018004

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