RC · Ready Capital Corp
Press releases and events scraped from the company's investor relations website. Past events open our own call or event page when we host one; otherwise listings link to the original source.
Recent news
| Date | Headline |
|---|---|
| 2026-08-06 |
Ready Capital Corporation Reports Second Quarter 2026 Results
NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner-occupied commercial real estate loans, today reported financial results for the quarter ended June 30, 2026. “Our second quarter results demonstrate continued progress on our balance sheet repositioning plan with the pace of book value reduction decelerating and earnings pressure narrowing,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer. “Although there is still work to be done, we are encouraged by the progress made, remain focused on meeting our fourth quarter debt maturities, and are increasingly looking towards restarting growth through our core CRE debt investing and SBA 7(a) lending business.” Financial Metrics GAAP loss per common share of $(0.63) Distributable loss per common share of |
| 2026-07-31 |
Ready Capital Corporation Announces Second Quarter 2026 Results and Webcast Call
NEW YORK, July 31, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its second quarter 2026 financial results after the New York Stock Exchange closes on Thursday, August 6, 2026. Management will host a webcast and conference call on Friday, August 7, 2026 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended June 30, 2026. Webcast: The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. The webcast of the conference call will be available in the Investor Relations section of the Company’s website at www.readycapital.com . To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. Dial-in: The conference call can be accessed by dialing 877-407-0792 (domestic) |
| 2026-07-30 |
ReadyCap Lending Completes $145 Million SBA 7(a) Loan Securitization
NEW YORK, July 30, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE:RC) (the “Company”) announced today that ReadyCap Lending completed its fourth securitization of SBA 7(a) loans, ReadyCap Lending Small Business Loan Trust 2026-4, on June 26, 2026. The transaction involved the issuance of approximately $145 million of bonds that generated meaningful additional liquidity for the Company in support of ReadyCap Lending’s continued commitment to financing small businesses nationwide. The securitization included three floating-rate tranches issued at par, with a weighted average coupon of approximately 8.526%. The capital structure consisted of $111.7 million of Class A bonds priced at approximately SOFR + 1.85%, $21.6 million of Class B bonds priced at SOFR + 3.20%, and $11.9 million of Class C bonds priced at SOFR + 6.15%. Performance Trust Capital Partners, LLC served as Initial Purchaser in the transaction with J.P. Morgan Securities LLC and East West Markets, LLC serving as |
| 2026-06-15 |
Ready Capital Corporation Declares Second Quarter 2026 Dividends
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2026. This dividend is payable on July 31, 2026, to shareholders of record as of the close of business on June 30, 2026. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2026, to Series C Preferred stockholders of record as of the close of business on June 30, 2026. The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2026, to Series E |
| 2026-05-07 |
Ready Capital Corporation Reports First Quarter 2026 Results
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner-occupied commercial real estate loans, today reported financial results for the quarter ended March 31, 2026. “Our first quarter results reflect ongoing execution of our previously shared balance sheet repositioning plan that focuses on de-levering to generate liquidity in excess of 2026 debt maturities, thereby resetting Ready Capital’s financials for long-term success,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer. “Year-to-date we have generated $1.4 billion in cash from loan sales and liquidations to facilitate the repayment of $1.1 billion of asset level financing and $184 million of corporate debt. These actions have resulted in a negative impact on earnings and book value, but are necessary to |
| 2026-05-01 |
Ready Capital Corporation Announces First Quarter 2026 Results and Webcast Call
NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its first quarter 2026 financial results after the New York Stock Exchange closes on Thursday, May 7, 2026. Management will host a webcast and conference call on Friday, May 8, 2026 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended March 31, 2026. Webcast: The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. The webcast of the conference call will be available in the Investor Relations section of the Company’s website at www.readycapital.com . To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. Dial-in: The conference call can be accessed by dialing 877-407-0792 (domestic) or |
| 2026-04-01 |
Ready Capital Corporation Provides Business Update
Completed Sale of 47 Commercial Real Estate Loans Totaling $943 Million in Unpaid Principal Balance Collapsed RCMF 2023-FL11 and RCMF 2023-FL12, the Company’s Remaining Outstanding Collateralized Loan Obligations Issued Redemption Notice to Bondholders on the Company’s 6.20% Senior Unsecured Notes due July 2026 Signed a $1 Billion Arrangement to Fund the Company’s Off Balance Sheet Commercial Real Estate Loan Originations NEW YORK, April 01, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE: RC) (the “Company”) today provided an update on its previously disclosed de-leveraging strategy and recent actions intended to strengthen its balance sheet. Liquidity Plan Activity The Company continues to advance its previously disclosed plan to generate over $850 million in free cash and reduce its legacy commercial real estate (“CRE”) loan exposure. Since the beginning of the fourth quarter of 2025, the Company has generated $442 million of proceeds net of financing through loan sales, |
| 2026-03-13 |
Ready Capital Corporation Declares First Quarter 2026 Dividends
NEW YORK, March 13, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share of common stock and Operating Partnership unit for the quarter ended March 31, 2026. This dividend is payable on April 30, 2026, to shareholders of record as of the close of business on March 31, 2026. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on April 15, 2026, to Series C Preferred stockholders of record as of the close of business on March 31, 2026. The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on April 30, 2026, to Series |
| 2026-02-26 |
Ready Capital Corporation Reports Fourth Quarter 2025 Results
- GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(1.46) - - DISTRIBUTABLE LOSS PER COMMON SHARE OF $(0.43) - - DISTRIBUTABLE LOSS PER COMMON SHARE BEFORE REALIZED LOSSES OF $(0.09) - NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner-occupied commercial real estate loans, today reported financial results for the quarter ended December 31, 2025. “We continue to execute on our liquidity plan with a focus on meeting our corporate obligations and repositioning the Company's equity away from Covid-vintage production”, said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer. “The equity drawdown associated with these actions is significant but represents an important step toward addressing the financial pressure experienced since the onset of |
| 2026-02-26 |
Ready Capital Corporation Announces Leadership Changes
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE: RC) (the “Company”) today announced the appointment of Dominick Scali as Chief Credit Officer of the Company and Co-President of ReadyCap Commercial, LLC, the Company’s commercial real estate lending business. Mr. Scali has been a Managing Director and Co-Head of Bridge Lending with the Company since 2015. Prior to that, he was head of credit and underwriting for Doral Bank’s national bridge lending platform and held positions in credit and originations at Anglo Irish bank. He began his career at Citigroup working within Citibank’s affordable housing department. Mr. Scali holds a B.A. from Columbia University. Additionally, the Company elevated David Cohen to the position of Co-President of ReadyCap Commercial, LLC. Mr. Cohen previously served as Chief Production Officer and Co-Head of Bridge Lending for the Company. Prior to joining Ready Capital, Mr. Cohen held positions as a Managing Director and National |
| 2026-02-13 |
Ready Capital Corporation Announces Fourth Quarter and Full Year 2025 Results and Webcast Call
NEW YORK, Feb. 13, 2026 (GLOBE NEWSWIRE) - Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its fourth quarter and full year 2025 financial results after the New York Stock Exchange closes on Thursday, February 26, 2026. Management will host a webcast and conference call on Friday, February 27, 2026 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter and year ended December 31, 2025. Webcast: The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. The webcast of the conference call will be available in the Investor Relations section of the Company’s website at www.readycapital.com . To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. Dial-in: The conference call can be accessed by |
| 2025-12-15 | Ready Capital Corporation Declares Fourth Quarter 2025 Dividends |
| 2025-11-06 | Ready Capital Corporation Reports Third Quarter 2025 Results |
Past events
Source: https://ir.readycapital.com/