Ready Capital Q2 GAAP loss $0.31; distributable loss $0.14; book value $10.44

Ready Capital Corp

2025-Q2 EPS reported $0.12

GAAP loss per common share from continuing operations of $(0.31); distributable loss per share of $(0.14).
Book value per share of common stock $10.44 as of June 30, 2025.
LMM loan originations $173M; SBL originations $359M (incl. $216M SBA 7(a) and $96M USDA).
Repurchased 8.5M shares at avg $4.41 under stock repurchase program.
Subsequent: sold 21 loans (carrying value $494M) for net proceeds $85M on Aug 6, 2025.

item 2.02item 9.01

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