{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007407","form_type":"8-K","ticker":"RC","cik":"0001527590","company_name":"Ready Capital Corp","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.842809+00:00","generated_at":"2026-06-02T05:43:10.579878+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ready Capital reports Q1 GAAP loss $(0.45)/share; distributable earnings $0.29/share","bullets":["GAAP loss per common share from continuing ops $(0.45); distributable earnings per common share $0.29.","Total investments $457M, including record $197M SBA 7(a) loans; LMM originations $260M.","Declared and paid $0.30/share quarterly dividend; net book value $13.44 per share as of March 31.","Repurchased 2.1M shares in Q1 (avg $8.88); entered $115.25M delayed draw term loan, $75M drawn."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007407","json":"https://secwatch.observer/filing/0001558370-24-007407.json","markdown":"https://secwatch.observer/filing/0001558370-24-007407.md","text":"https://secwatch.observer/filing/0001558370-24-007407.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527590/000155837024007407/0001558370-24-007407-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527590/000155837024007407/rc-20240509x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:43:10.579878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f0ad9870879fe973574d7bc9ea02e46e9bcb0ee9","claim":"Ready Capital Corp reported first quarter 2024 results: EPS -$(0.45) GAAP loss per share from continuing operations; distributable earnings per share $0.29.","evidence_excerpt":"READY CAPITAL CORPORATION REPORTS FIRST QUARTER 2024 RESULTS - GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.45) - - DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.29 - - DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 8.6%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527590/000155837024007407/0001558370-24-007407-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"EPS","value":"-$(0.45) GAAP loss per share from continuing operations; distributable earnings per share $0.29"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}