---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046328"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:31:30.699643+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ready Capital reports Q3 GAAP loss of $(0.07)/share; record SBA lending of $440M

## Summary
- GAAP loss from continuing ops of $(0.07) per share; Distributable Earnings loss of $(0.28) per share.
- Distributable Earnings before realized losses of $0.25 per share; return on equity before realized losses 8.4%.
- Record Small Business Lending originations of $440M, including $355M SBA 7(a) loans.
- Net book value per share $12.59 as of Sept 30; dividend of $0.25 per share declared and paid.
- Acquired Funding Circle USA, Inc. to strengthen Small Business Lending platform.

## SEC filing metadata
- accession: 0001628280-24-046328
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1527590/000162828024046328/0001628280-24-046328-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000162828024046328/rc-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046328
- JSON: https://secwatch.observer/filing/0001628280-24-046328.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046328.txt

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