---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-039039"
form_type: "8-K"
ticker: "RC"
cik: "0001527590"
company_name: "Ready Capital Corp"
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:27:26.241765+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-039039
- form_type: 8-K
- ticker: RC
- cik: 0001527590
- company_name: Ready Capital Corp
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527590/000162828025039039/0001628280-25-039039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527590/000162828025039039/rc-20250808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-039039
- JSON: https://secwatch.observer/filing/0001628280-25-039039.json
- Plain text: https://secwatch.observer/filing/0001628280-25-039039.txt

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