Ready Capital Q4 2025 GAAP loss per share $(1.46); sells $855M loans

Ready Capital Corp

2025-FY EPS reported -$1.44

GAAP loss from continuing ops $(1.46) per share; distributable loss $(0.43) per share.
Distributable loss before realized losses $(0.09) per share.
Book value $8.79 per share as of Dec 31, 2025.
Subsequent: sold 34 loans with $855.3M UPB; retired 5.75% notes due Feb 2026.
LMM originations $235M; SBL originations $140M in Q4.

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