secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001558370-23-018004
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000155837023018004/0001558370-23-018004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000155837023018004/rc-20231107x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-018004

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