Ready Capital Q4 2023 GAAP EPS $0.12, distributable EPS $0.26; pays $0.30 dividend

Ready Capital Corp

2023-FY EPS reported $2.22

GAAP EPS from continuing ops $0.12; distributable EPS $0.26; distributable ROAE 7.5%.
Net book value $14.10/share as of Dec 31, 2023; paid dividend $0.30/share.
Q4 total investments $449M: $297M LMM originations + $152M SBA 7(a) loans.
Full-year GAAP EPS $2.27, distributable EPS $1.18; distributable ROAE 8.6%.
Completed Broadmark merger; liquidated 23% of portfolio; initiated $100M buyback, repurchased 1.7M shares at $10.82 avg.

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 0.95

Ready Capital Corp reported financial results for the quarter ended December 31, 2023.

Period: the quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 27, 2024, Ready Capital Corporation (the “Company”) issued an earnings release announcing the financial results for the quarter ended December 31, 2023.

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1053 earnings releases filed in the last 30 days. Browse all earnings releases →

Ready Capital Corp filing history →

Source: SEC EDGAR

accession 0001558370-24-001842

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