For the quarter ending 2026-03-31, RC-PC has $6,314,288K in assets. $4,865,588K in debts. $200,430K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2024-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 200,430 | 207,841 | 147,505 | 143,803 |
| Restricted cash | 38,906 | 39,746 | 44,491 | 30,560 |
| Loans, net (including 462 and 737 held at fair value) | 3,350,560 | 3,500,298 | 4,360,501 | 3,378,149 |
| Loans, held for sale (including 87,198 and 73,094 held at fair value and net of valuation allowance of 74,315 and 67,612) | 360,228 | 585,820 | 163,792 | 241,626 |
| Mortgage-backed securities | 31,649 | 34,501 | 33,105 | 31,006 |
| Investment in unconsolidated joint ventures (including 5,517 and 5,737 held at fair value) | 167,251 | 161,424 | 178,840 | 161,561 |
| Derivative instruments | 4,104 | 6,740 | 5,295 | 7,963 |
| Servicing rights | 123,687 | 126,279 | 126,966 | 128,440 |
| Real estate owned, held for sale | - | - | - | 193,437 |
| Real estate owned | 610,215 | 620,225 | 632,985 | - |
| Goodwill | 49,501 | 49,501 | 49,501 | 49,501 |
| Deferred loan exit fees | 10,143 | 19,179 | 22,467 | 27,811 |
| Accrued interest | 25,954 | 42,143 | 95,133 | 45,416 |
| Due from servicers | 28,008 | 71,999 | 8,124 | 7,039 |
| Intangible assets | 37,419 | 38,172 | 38,868 | 37,006 |
| Receivable from third party | 57,178 | 43,968 | 47,204 | 34,540 |
| Deferred financing costs | 10,392 | 12,489 | 12,294 | 8,053 |
| Deferred tax asset | 201,573 | 201,573 | 111,325 | 111,325 |
| Tax receivable | 16,733 | 719 | 60,236 | 1,654 |
| Right-of-use lease asset | 3,198 | 3,368 | 3,537 | 7,362 |
| Ppp receivables | 6,820 | 8,783 | 10,641 | 18,363 |
| Investments held to maturity | - | 0 | 0 | 3,000 |
| Purchased future receivables, net | - | - | - | 0 |
| Other | 19,464 | 16,344 | 13,186 | 11,416 |
| Other assets | 466,383 | 508,238 | 472,516 | 362,486 |
| Assets of consolidated vies | 960,875 | 1,978,684 | 2,166,105 | 5,175,295 |
| Assets held for sale (refer to note 9) | - | 0 | 0 | 287,595 |
| Total assets | 6,314,288 | 7,769,796 | 8,332,101 | 10,141,921 |
| Secured borrowings and securitized debt obligations of consolidated vies, net-Consolidated Entity Excluding Variable Interest Entities VIE | 2,321,443 | 2,788,926 | 2,879,172 | 2,035,176 |
| Secured borrowings and securitized debt obligations of consolidated vies, net-Variable Interest Entity Primary Beneficiary | 526,535 | 1,174,785 | 1,293,778 | 3,580,513 |
| Senior secured notes, net | 723,707 | 722,729 | 721,151 | 437,847 |
| Corporate debt, net | 536,972 | 652,487 | 666,624 | 895,265 |
| Guaranteed loan financing | 501,736 | 524,091 | 565,883 | 691,118 |
| Contingent consideration | 20,441 | 18,698 | 18,385 | 573 |
| Derivative instruments | 948 | 1,432 | 1,627 | 352 |
| Dividends payable | 3,685 | 3,633 | 22,602 | 43,168 |
| Loan participations sold | 56,616 | 56,616 | 102,987 | 95,578 |
| Due to third parties | 12,304 | 3,135 | 9,927 | 1,442 |
| Accounts payable and other accrued liabilities | 161,201 | 171,636 | 166,406 | 188,051 |
| Liabilities held for sale (refer to note 9) | - | 0 | 0 | 228,735 |
| Total liabilities | 4,865,588 | 6,118,168 | 6,448,542 | 8,197,818 |
| Preferred stock series c, liquidation preference 25.00 per share (refer to note 20) | 8,361 | 8,361 | 8,361 | 8,361 |
| Preferred stock series e, liquidation preference 25.00 per share (refer to note 20) | 111,378 | 111,378 | 111,378 | 111,378 |
| Common stock, 0.0001 par value, 500,000,000 shares authorized, 165,255,559 and 163,010,012 shares issued and outstanding, respectively | 17 | 17 | 17 | 17 |
| Additional paid-in capital | 2,265,534 | 2,264,355 | 2,257,078 | 2,250,291 |
| Retained deficit | -1,012,927 | -807,522 | -569,709 | -505,089 |
| Accumulated other comprehensive loss | -24,476 | -24,196 | -24,096 | -18,552 |
| Total ready capital corporation equity | 1,339,526 | 1,544,032 | 1,774,668 | 1,838,045 |
| Non-controlling interests | 100,813 | 99,235 | 100,530 | 97,697 |
| Total stockholders equity | 1,440,339 | 1,643,267 | 1,875,198 | 1,935,742 |
| Total liabilities, redeemable preferred stock, and stockholders equity | 6,314,288 | 7,769,796 | 8,332,101 | 10,141,921 |
Ready Capital Corp (RC-PC)
Ready Capital Corp (RC-PC)