Financial insights of RC-PE

MyFinsight

For the quarter ending 2026-03-31.

Income Overview

Net Income
-$203,728K
EPS
-$1.25
Unit: Thousand (K) dollars

Income Statement	2026-03-31	2025-12-31	2025-09-30	2024-12-31
Interest income	81,730	156,693*	137,491	224,244*
Interest expense	96,834	133,212*	126,971	174,114*
Net interest income before (provision for) recovery of loan losses	-15,104	23,481*	10,520	50,130*
(provision for) recovery of loan gaines	70,907	-26,893*	37,977	73,190*
Net interest income after (provision for) recovery of loan gaines	-86,011	50,374*	-27,457	-23,060*
Net realized loss (gain) on financial instruments and real estate owned	-60,085	339,076*	-160,396	-13,500*
Net unrealized gain (loss) on financial instruments	-6,920	-21,895*	2,914	-3,748*
Valuation allowance, loans held for sale	6,557	519,232*	-178,225	31,219*
Servicing income, net of amortization and impairment of 6,587 and 5,294	5,421	-3,824*	7,509	4,139*
Gain on bargain purchase	0	36,133*	24,472	3,465*
Income (gain) on unconsolidated joint ventures	2,059	-17,689*	7,417	2,722*
Other income	18,065	9,397*	14,773	12,701*
Total non-interest income (expense)	-48,017	-178,034*	74,914	-25,441*
Employee compensation and benefits and allocated employee compensation and benefits from related party-Nonrelated Party	23,848	26,034*	21,151	20,631*
Employee compensation and benefits and allocated employee compensation and benefits from related party-Related Party	3,600	4,022*	3,602	2,847*
Professional fees	6,655	12,813*	6,008	6,722*
Management fees related party-Related Party	4,076	4,880*	5,156	6,216*
Incentive fees related party-Related Party	-	0*	-	0*
Loan servicing expense	15,674	11,945*	9,771	11,664*
Transaction related expenses	335	320*	1,910	2,530*
Impairment on real estate	-469	17,917*	1,862	14,126*
Other operating expenses	29,014	16,319*	24,879	15,893*
Total non-interest expense	82,733	94,250*	74,339	80,627*
Income (loss) from continuing operations before benefit for income taxes	-216,761	-221,910*	-26,882	-129,128*
Income tax benefit	-16,674	-56,898*	-9,935	-26,128*
Net income (loss) from continuing operations	-200,087	-165,012*	-16,947	-103,000*
Loss from discontinued operations before income tax benefit	0	-7,784*	280	-6,133*
Income tax benefit	0	-1,946*	70	-1,533*
Net loss from discontinued operations	0	-5,838*	210	-4,600*
Net income (loss)	-200,087	-170,850*	-16,737	-107,600*
Less dividends on preferred stock	1,999	1,999*	1,999	1,999*
Less net income attributable to non-controlling interest	1,642	1,830*	2,008	1,339*
Net income (loss) attributable to ready capital corporation	-203,728	-174,679	-20,744	-110,938

Basic EPS	-1.25	-1.055	-0.13	-0.656
Diluted EPS	-1.25	-1.036	-0.13	-0.651
Basic Average Shares	163,674,011	165,513,997	163,574,703	169,107,477
Diluted Average Shares	167,650,149	168,645,617	165,873,807	170,472,273

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Income Overview

Net Income
-$203,728K
EPS
-$1.25
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Income Overview

Net Income
-$203,728K
EPS
-$1.25
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Net Income-$203,728KEPS-$1.25Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Net Income-$203,728KEPS-$1.25Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Net Income
-$203,728K
EPS
-$1.25
Unit: Thousand (K) dollars

Net Income
-$203,728K
EPS
-$1.25
Unit: Thousand (K) dollars