secwatch.observer — SEC 8-K summary
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Issuer:     Ready Capital Corp (RC)
CIK:        0001527590
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001628280-25-050239
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ready Capital posts Q3 2025 GAAP loss per share $(0.13); distributable loss $(0.94)
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- GAAP loss per share from continuing ops $(0.13); distributable loss per share $(0.94); distributable loss before realized losses $(0.04).
- LMM originations $139M; SBL originations $283M (incl. $173M SBA 7(a) and $67M USDA loans).
- Completed two portfolio sales: 217 loans with $758M UPB for net proceeds $109M.
- Book value $10.28 per share; repurchased 2.5M shares at avg $4.17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527590/000162828025050239/0001628280-25-050239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527590/000162828025050239/rc-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-050239

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer