---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001842"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:43:21.603289+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-001842
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000155837024001842/0001558370-24-001842-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000155837024001842/rc-20240227x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001842
- JSON: https://secwatch.observer/filing/0001558370-24-001842.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001842.txt

## Key facts
- Earnings Releases
  Ready Capital Corp reported financial results for the quarter ended December 31, 2023.
  - Period: the quarter ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024, Ready Capital Corporation (the “Company”) issued an earnings release announcing the financial results for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527590/000155837024001842/0001558370-24-001842-index.htm

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