---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-018004"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T14:54:26.909269+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001558370-23-018004
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000155837023018004/0001558370-23-018004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000155837023018004/rc-20231107x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-018004
- JSON: https://secwatch.observer/filing/0001558370-23-018004.json
- Plain text: https://secwatch.observer/filing/0001558370-23-018004.txt

## Key facts
- Earnings Releases
  Ready Capital Corp reported financial results for quarter ended September 30, 2023.
  - Period: quarter ended September 30, 2023
  - Result: reported results
  source text: On November 7, 2023, Ready Capital Corporation (the “Company”) issued an earnings release announcing the financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527590/000155837023018004/0001558370-23-018004-index.htm

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