RC on NYSE
Ready Capital Corp
American real estate investment trust based in New York, listed on NYSE (RC)2
In its 2026 annual report the company says: “We sell qualifying loans to Freddie Mac, which, in turn, sells such loans to securitization structures.”5
Price unavailable
Last updated Oct 21, 2026.
Overview
- TickerRC on NYSE2
- IndustryReal Estate Investment Trusts2
- HeadquartersNew York, United States2
- Incorporated inMD3
- Business address1251 Avenue Of The Americas, 50Th Floor, New York, Ny 100203
- Filer categoryLarge accelerated filer3
- Legal formCORPORATION2
- LEI549300MYWGZUG7ZUYO872
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O The Corporation Trust Incorporated, 21093-2264 Lutherville Timonium, United States2
- Registered withBusiness Services (Maryland Department of Assessments and Taxation), D141342412
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The commercial mortgage market is largely bifurcated by loan size between “large balance” loans and LMM loans.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest income | $569.2M | $897.0M | $945.8M |
| Interest expense | -$514.1M | -$696.5M | -$716.5M |
| Net interest income before provision for loan losses | $55.0M | $200.5M | $229.3M |
| Provision for loan losses | -$87.0M | -$292.8M | -$7.2M |
| Net interest income after provision for loan losses | -$32.0M | -$92.2M | $222.1M |
| Net realized gain (loss) on financial instruments and real estate owned | -$142.1M | -$54.0M | $65.0M |
| Net unrealized gain (loss) on financial instruments | -$13.2M | -$15.0M | $9.7M |
| Valuation recovery (allowance), loans held for sale | $15.4M | -$124.9M | $0 |
| Servicing income, net of amortization and impairment of $29,919, $21,972 and $7,911 | $18.7M | $16.6M | $21.2M |
| Bargain purchase gain | $109.5M | $13.9M | $208.0M |
| Income (loss) on unconsolidated joint ventures | $4.6M | $10.9M | -$905.0K |
| Other income | $53.7M | $50.8M | $105.5M |
| Total non-interest income (expense) | $46.7M | -$101.8M | $408.5M |
| Professional fees | -$30.8M | -$26.9M | -$34.7M |
| Loan servicing expense | -$41.3M | -$46.7M | -$40.8M |
| Transaction related expenses | -$6.0M | -$10.1M | -$17.8M |
| Impairment on real estate | -$23.5M | -$56.5M | -$8.6M |
| Other operating expenses | -$91.0M | -$63.6M | -$51.0M |
| Total non-interest expense | -$317.3M | -$322.5M | -$272.2M |
| Income (loss) from continuing operations before benefit for income taxes | -$302.6M | -$516.5M | $358.4M |
| Income tax benefit (provision) | $86.7M | $104.5M | -$7.2M |
| Net income (loss) from continuing operations | -$215.9M | -$412.0M | $351.2M |
| Loss from discontinued operations before income tax benefit | -$6.9M | -$24.5M | -$3.8M |
| Income tax benefit | $1.7M | $6.1M | $945.0K |
| Net loss from discontinued operations | -$5.2M | -$18.4M | -$2.8M |
| Net income (loss) | -$221.1M | -$430.4M | $348.4M |
| Less: Dividends on preferred stock | $8.0M | $8.0M | $8.0M |
| Less: Net income attributable to non-controlling interest | $7.9M | $5.4M | $9.0M |
| Net income (loss) attributable to Ready Capital Corporation | -$236.9M | -$443.8M | $331.5M |
| Earnings per common share from continuing operations - basic (in dollars per share) | -$1 | -$3 | $2 |
| Earnings per common share from discontinued operations - basic (in dollars per share) | -$0 | -$0 | -$0 |
| Total earnings per common share - basic (in dollars per share) | -$1.44 | -$2.63 | $2.25 |
| Earnings per common share from continuing operations - diluted (in dollars per share) | -$1 | -$3 | $2 |
| Earnings per common share from discontinued operations - diluted (in dollars per share) | -$0 | -$0 | -$0 |
| Total earnings per common share - diluted (in dollars per share) | -$1.44 | -$2.63 | $2.22 |
| Basic (in dollars per share) | 164.5M shares | 169.1M shares | 146.8M shares |
| Diluted (in dollars per share) | 167.3M shares | 170.5M shares | 148.6M shares |
| Dividends declared per share of common stock (in dollars per share) | $0.39 | $1.10 | $1.46 |
| Servicing income, amortization and impairment | $29.9M | $22.0M | $7.9M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $207.8M | $143.8M | $138.5M | |
| Restricted cash | $39.7M | $30.6M | $30.1M | |
| Loans, net (including $737 and $3,533 held at fair value) | $3.5B | $3.4B | ||
| Loans, held for sale (including $73,094 and $128,531 held at fair value and net of valuation allowance of $67,612 and $97,620) | $585.8M | $241.6M | ||
| Mortgage-backed securities | $34.5M | $31.0M | ||
| Investment in unconsolidated joint ventures (including $5,737 and $6,577 held at fair value) | $161.4M | $161.6M | ||
| Derivative instruments | $6.7M | $8.0M | ||
| Servicing rights | $126.3M | $128.4M | ||
| Real estate owned | $620.2M | $193.4M | ||
| Other assets | $508.2M | $362.5M | ||
| Assets of consolidated VIEs | $2.0B | $5.2B | ||
| Assets held for sale (refer to Note 9) | $0 | $287.6M | ||
| Total Assets | $7.8B | $10.1B | ||
| Senior secured notes, net | $722.7M | $437.8M | ||
| Corporate debt, net | $652.5M | $895.3M | ||
| Guaranteed loan financing | $524.1M | $691.1M | ||
| Contingent consideration | $18.7M | $573.0K | ||
| Derivative instruments | $1.4M | $352.0K | ||
| Dividends payable | $3.6M | $43.2M | ||
| Loan participations sold | $56.6M | $95.6M | ||
| Due to third parties | $3.1M | $1.4M | ||
| Accounts payable and other accrued liabilities | $171.6M | $188.1M | ||
| Liabilities held for sale (refer to Note 9) | $0 | $228.7M | ||
| Total Liabilities | $6.1B | $8.2B | ||
| Preferred stock Series C, liquidation preference $25.00 per share (refer to Note 20) | $8.4M | $8.4M | ||
| Preferred stock Series E, liquidation preference $25.00 per share (refer to Note 20) | $111.4M | $111.4M | ||
| Common stock, $0.0001 par value, 500,000,000 shares authorized, 163,010,012 and 162,792,372 shares issued and outstanding, respectively | $17.0K | $17.0K | ||
| Additional paid-in capital | $2.3B | $2.3B | ||
| Retained deficit | -$807.5M | -$505.1M | ||
| Accumulated other comprehensive loss | -$24.2M | -$18.6M | ||
| Total Ready Capital Corporation equity | $1.5B | $1.8B | ||
| Non-controlling interests | $99.2M | $97.7M | ||
| Total Stockholders Equity | $1.6B | $1.9B | $2.6B | $1.9B |
| Total Liabilities, Redeemable Preferred Stock, and Stockholders Equity | $7.8B | $10.1B | ||
| Loans held, at fair value | $737.0K | $3.5M | ||
| Loans, held for sale, at fair value | $73.1M | $128.5M | ||
| Loans, held for sale, valuation allowance | $67.6M | $97.6M | ||
| Investment in unconsolidated joint ventures, at fair value | $5.7M | $6.6M | ||
| Preferred stock Series C, liquidation preference (in dollars per share) | $25.00 | $25.00 | ||
| Preferred stock, liquidation preference (in dollars per share) | $25 | $25 | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, issued (in shares) | 163.0M shares | 162.8M shares | ||
| Common stock, outstanding (in shares) | 163.0M shares | 162.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $207.8M | $143.8M | $138.5M | |
| Restricted cash | $39.7M | $30.6M | $30.1M | |
| Loans, net (including $737 and $3,533 held at fair value) | $3.5B | $3.4B | ||
| Loans, held for sale (including $73,094 and $128,531 held at fair value and net of valuation allowance of $67,612 and $97,620) | $585.8M | $241.6M | ||
| Mortgage-backed securities | $34.5M | $31.0M | ||
| Investment in unconsolidated joint ventures (including $5,737 and $6,577 held at fair value) | $161.4M | $161.6M | ||
| Derivative instruments | $6.7M | $8.0M | ||
| Servicing rights | $126.3M | $128.4M | ||
| Real estate owned | $620.2M | $193.4M | ||
| Other assets | $508.2M | $362.5M | ||
| Assets of consolidated VIEs | $2.0B | $5.2B | ||
| Assets held for sale (refer to Note 9) | $0 | $287.6M | ||
| Total Assets | $7.8B | $10.1B | ||
| Senior secured notes, net | $722.7M | $437.8M | ||
| Corporate debt, net | $652.5M | $895.3M | ||
| Guaranteed loan financing | $524.1M | $691.1M | ||
| Contingent consideration | $18.7M | $573.0K | ||
| Derivative instruments | $1.4M | $352.0K | ||
| Dividends payable | $3.6M | $43.2M | ||
| Loan participations sold | $56.6M | $95.6M | ||
| Due to third parties | $3.1M | $1.4M | ||
| Accounts payable and other accrued liabilities | $171.6M | $188.1M | ||
| Liabilities held for sale (refer to Note 9) | $0 | $228.7M | ||
| Total Liabilities | $6.1B | $8.2B | ||
| Preferred stock Series C, liquidation preference $25.00 per share (refer to Note 20) | $8.4M | $8.4M | ||
| Preferred stock Series E, liquidation preference $25.00 per share (refer to Note 20) | $111.4M | $111.4M | ||
| Common stock, $0.0001 par value, 500,000,000 shares authorized, 163,010,012 and 162,792,372 shares issued and outstanding, respectively | $17.0K | $17.0K | ||
| Additional paid-in capital | $2.3B | $2.3B | ||
| Retained deficit | -$807.5M | -$505.1M | ||
| Accumulated other comprehensive loss | -$24.2M | -$18.6M | ||
| Total Ready Capital Corporation equity | $1.5B | $1.8B | ||
| Non-controlling interests | $99.2M | $97.7M | ||
| Total Stockholders Equity | $1.6B | $1.9B | $2.6B | $1.9B |
| Total Liabilities, Redeemable Preferred Stock, and Stockholders Equity | $7.8B | $10.1B | ||
| Loans held, at fair value | $737.0K | $3.5M | ||
| Loans, held for sale, at fair value | $73.1M | $128.5M | ||
| Loans, held for sale, valuation allowance | $67.6M | $97.6M | ||
| Investment in unconsolidated joint ventures, at fair value | $5.7M | $6.6M | ||
| Preferred stock Series C, liquidation preference (in dollars per share) | $25.00 | $25.00 | ||
| Preferred stock, liquidation preference (in dollars per share) | $25 | $25 | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, issued (in shares) | 163.0M shares | 162.8M shares | ||
| Common stock, outstanding (in shares) | 163.0M shares | 162.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$221.1M | -$430.4M | $348.4M |
| Net loss from discontinued operations, net of tax | -$5.2M | -$18.4M | -$2.8M |
| Net income (loss) from continuing operations | -$215.9M | -$412.0M | $351.2M |
| Amortization of premiums, discounts, and debt issuance costs, net | $45.6M | $52.5M | $66.5M |
| Stock-based compensation | $5.8M | $8.1M | $7.5M |
| Provision for loan losses | $87.0M | $292.8M | $7.2M |
| Impairment loss on real estate owned, held for sale | $23.5M | $56.5M | $8.6M |
| Depreciation and amortization on real estate owned | $2.8M | $0 | $0 |
| Repair and denial reserve (recovery) | $5.0M | $385.0K | -$3.9M |
| Paid-in-kind accrued interest | -$6.0M | -$77.6M | -$42.1M |
| Provision for loan losses on purchased future receivables | $0 | $2.1M | $9.0M |
| Valuation allowance (recovery), loans held for sale | -$15.4M | $124.9M | $0 |
| Net (income) loss of unconsolidated joint ventures, net of distributions | -$2.3M | -$7.7M | $2.9M |
| Realized (gains) losses, net | $143.5M | $53.9M | -$66.4M |
| Unrealized (gains) losses, net | $12.1M | $15.1M | -$8.9M |
| Bargain purchase gain | -$109.5M | -$13.9M | -$208.0M |
| Loans, held for sale, net | $635.6M | $326.0M | $18.1M |
| Derivative instruments | -$1.4M | $5.2M | $12.4M |
| Assets of consolidated VIEs (excluding loans, net), accrued interest and due from servicers | $80.1M | -$60.8M | -$28.0M |
| Receivable from third parties | -$3.0M | $1.9M | -$21.3M |
| Other assets | -$217.2M | -$58.9M | -$60.0M |
| Accounts payable and other accrued liabilities | -$14.4M | -$22.2M | $14.0M |
| Net cash provided by operating activities from continuing operations | $455.9M | $286.4M | $59.0M |
| Net cash used for operating activities from discontinued operations | -$23.8M | -$11.6M | -$7.9M |
| Net cash provided by operating activities | $432.1M | $274.8M | $51.1M |
| Origination of loans | -$592.6M | -$826.4M | -$1.0B |
| Proceeds from disposition and principal payment of loans | $2.1B | $2.3B | $1.9B |
| Funding of investments held to maturity | -$2.4M | $0 | -$140.0K |
| Proceeds from sale and principal payment of mortgage-backed securities | $776.0K | $0 | $8.1M |
| Funding of real estate, held for sale | -$2.4M | -$1.4M | -$12.5M |
| Proceeds from sale of real estate, held for sale | $72.6M | $67.2M | $78.0M |
| Investment in unconsolidated joint ventures | -$25.5M | -$33.2M | -$25.2M |
| Distributions in excess of cumulative earnings from unconsolidated joint ventures | $33.2M | $13.6M | $7.6M |
| Payment of liabilities under participation agreements | -$48.1M | -$14.5M | -$9.1M |
| Net cash provided by disposal of discontinued operations | $3.5M | $0 | $0 |
| Net cash provided by asset acquisitions | $4.2M | $0 | $0 |
| Net cash provided by (used for) business acquisitions | $16.0M | -$44.4M | $38.7M |
| Net cash provided by investing activities from continuing operations | $1.6B | $1.4B | $1.0B |
| Net cash provided by investing activities from discontinued operations | $43.3M | $100.0M | -$1.9M |
| Net cash provided by investing activities | $1.6B | $1.5B | $1.0B |
| Proceeds from secured borrowings | $3.0B | $2.1B | $4.1B |
| Repayment of secured borrowings | -$2.3B | -$2.2B | -$4.7B |
| Repayment of the Paycheck Protection Program Liquidity Facility borrowings | -$12.3M | -$17.2M | -$165.0M |
| Proceeds from issuance of securitized debt obligations of consolidated VIEs | $0 | $0 | $1.1B |
| Repayment of securitized debt obligations of consolidated VIEs | -$2.4B | -$1.5B | -$976.8M |
| Proceeds from corporate debt | $0 | $125.9M | $0 |
| Repayment of corporate debt | -$247.4M | $0 | $0 |
| Proceeds from senior secured note | $290.2M | $92.1M | $0 |
| Repayment of convertible note | $0 | $0 | -$115.0M |
| Repayment of guaranteed loan financing | -$185.1M | -$153.4M | -$154.4M |
| Payment of deferred financing costs | -$29.8M | -$12.2M | -$32.2M |
| Payment of contingent consideration | $0 | $0 | -$9.0M |
| Proceeds from issuance of equity, net of issuance costs | $0 | $0 | $108.0K |
| Common stock repurchased | -$67.6M | -$82.2M | -$18.1M |
| Settlement of share-based awards in satisfaction of withholding tax requirements | -$2.1M | -$1.2M | -$3.9M |
| Dividend payments | -$113.3M | -$206.1M | -$215.1M |
| Distributions, net | $0 | -$18.0K | -$6.0K |
| Net cash used for financing activities from continuing operations | -$2.0B | -$1.8B | -$1.1B |
| Net cash provided by (used for) financing activities from discontinued operations | -$4.3M | -$40.6M | $48.2M |
| Net cash used for financing activities | -$2.0B | -$1.9B | -$1.1B |
| Net decrease in cash, cash equivalents, and restricted cash including cash classified within assets held for sale | $37.0M | -$69.9M | -$14.5M |
| Less: Net increase (decrease) in cash and cash equivalents within assets held for sale | -$29.8M | $9.8M | -$3.4M |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $66.8M | -$79.7M | -$11.1M |
| Cash paid for interest | $489.2M | $659.3M | $661.2M |
| Cash paid (received) for income taxes | -$34.0K | -$11.9M | $2.0M |
| Loans transferred from loans, held for sale to loans, net | $158.8M | $13.2M | $68.7M |
| Loans transferred from loans, net to loans, held for sale | $1.4B | $729.0M | $3.6M |
| Consolidation of assets in securitization trusts | $0 | $0 | $689.1M |
| Loans transferred to real estate owned, held for sale | $540.5M | $87.0M | $56.9M |
| Shares and OP units issued in connection with merger transactions | $64.6M | $0 | $637.2M |
| Consolidation of borrowings in securitization trusts | $0 | $0 | $689.1M |
| Conversion of OP units to common stock | $2.3M | $3.8M | $2.8M |
No quarter-by-quarter statement was filed.
Corporate structure
Ready Capital Corp sits at the top of its group. 252 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Ready Capital Corp
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Ready Capital Corp, latest Mar 27, 2026 (5 filings since Feb 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on Ready Capital Corp, latest Jan 8, 2026 (5 filings since Jan 26, 2022)
- Howard Amster Filed SCHEDULE 13D/A on Ready Capital Corp, latest Nov 10, 2025 (3 filings since Aug 5, 2025)
- Sutherland REIT Holdings, LP Filed SC 13D/A on Ready Capital Corp, latest Apr 17, 2024 (4 filings since Jun 22, 2022)
- Ready Capital Corp New York, New York, United States
- 6100 North Keystone Avenue – 10103450 LLC Subsidiary · Delaware, United States
- Aetna Springs Resorts, LLC Subsidiary · Delaware, United States
- Boost Events, LLC Subsidiary · Delaware, United States
- BRMK 1301 N. 29th, LLC Subsidiary · Washington, United States
- BRMK 19302 Cottonwood, LLC Subsidiary · Delaware, United States
- BRMK 411 Sam Houston LLC Subsidiary · Texas, United States
- BRMK Bellaire II LLC Subsidiary · Texas, United States
- BRMK Bellaire LLC Subsidiary · Texas, United States
- BRMK Blue Sky LLC Subsidiary · Washington, United States
- BRMK Blueprint LLC Subsidiary · Colorado, United States
- BRMK Boerne Ranch LLC Subsidiary · Washington, United States
- BRMK Cedar Corners LLC Subsidiary · Washington, United States
- BRMK Chesapeake Acquisitions LLC Subsidiary · Delaware, United States
- BRMK Colfax & Sable, LLC Subsidiary · Colorado, United States
- BRMK Dakin LLC Subsidiary · Colorado, United States
- BRMK Dayton Townhomes LLC Subsidiary · Colorado, United States
- BRMK Echo Lake LLC Subsidiary · Washington, United States
- BRMK Esplanade Apartments LLC Subsidiary · Utah, United States
- BRMK Gateway Northbrook LLC Subsidiary · Washington, United States
- BRMK Grove, LLC Subsidiary · Washington, United States
- BRMK Harrison, LLC Subsidiary · Colorado, United States
- BRMK Heber City, LLC Subsidiary · Delaware, United States
- BRMK Hoefgen, LLC Subsidiary · Delaware, United States
- BRMK Jefferson, LLC Subsidiary · Colorado, United States
- BRMK Legacy Lofts LLC Subsidiary · Delaware, United States
- and 226 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Ready Capital Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $3.4M9 Dec 31, 2025 | $7.4M9 Dec 31, 2024 | −54.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $207.8M9 Dec 31, 2025 | $143.8M9 Dec 31, 2024 | +44.5% |
| Stakes in other companies (equity method) | $161.4M9 Dec 31, 2025 | $161.6M9 Dec 31, 2024 | −0.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $49.5M9 Dec 31, 2025 | $49.5M9 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $38.2M9 Dec 31, 2025 | $37.0M9 Dec 31, 2024 | +3.2% |
| Accumulated amortization | $16.5M9 Dec 31, 2025 | $11.0M9 Dec 31, 2024 | +49.4% |
| Finite-lived intangibles, net | $34.0M9 Dec 31, 2025 | $33.5M8 Dec 31, 2024 | +1.5% |
Properties, in its own words
Our principal executive offices are located at 1251 Avenue of the Americas, 50th Floor, New York, New York, 10020,
in an office space leased by our Manager as part of our management agreement. For our Small Business Lending
The rest of Item 2
segment, we use the office of ReadyCap Lending located at 200 Connell Drive, Suite 4000, Berkeley Heights, New
Jersey, 07922, the office of Madison One located at 9375 East Shea Boulevard, Suite 100, Scottsdale, Arizona, 85260,
and the office of iBusiness Funding LLC, located at 110 Southeast 6th Street, Suite 700, Fort Lauderdale, Florida,
33301. We use our principal executive offices and the two offices of Ready Capital Affordable located at 666 Old
Country Road, Suite 603, Garden City, New York, 11530 and 350 Fifth Avenue, Suite 4830, New York, New York,
10118 for our LMM Commercial Real Estate segment. We do not own any properties and lease the space we utilize for
our offices and consider these facilities, which exclude properties related to our discontinued operations, to be adequate
for the management and operations of our business.
Item 2 of the 10-K filed Mar 2, 2026.5
Leadership
Who has led Ready Capital Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerThomas E. Capasse Nov 10, 2016 to now15
- Chief executive officerMichael Szymanski Feb 7, 2013 to Nov 1, 201616
- ChairThomas E. Capasse Nov 10, 2016 to Nov 10, 201615
- ChairChristian Zugel Feb 7, 2013 to Nov 1, 201617
- PresidentMichael Szymanski Aug 19, 2014 to Nov 1, 201618
- Chief financial officerAndrew Ahlborn Jun 11, 2019 to now19
- Chief financial officerFrederick C. Herbst Nov 10, 2016 to Mar 8, 201820
- Chief financial officerDonna Blank Jun 10, 2015 to Jun 10, 201521
- Chief financial officerPaul McDade Feb 7, 2013 to Sep 9, 201322
- Chief operating officerCarole Mortensen Jun 27, 2017 to Mar 8, 201823
Board members and other officers (24)
- Chief Credit OfficerDominick Scali Mar 17, 2026 to now24
- Chief Credit OfficerAdam Zausmer Jul 26, 2021 to now25
- Chief Investment OfficerThomas Buttacavoli Nov 10, 2016 to Nov 10, 202126
- Chief Investment OfficerBrian Hargrave Feb 7, 2013 to Aug 19, 201427
- Chief Accounting OfficerNisha Motani Mar 25, 2013 to Nov 1, 201628
- Board memberKevin M. Luebbers Jun 1, 2023 to Mar 6, 202429
- Board memberPinkie Dent Mayfield Jun 1, 2023 to Feb 26, 202430
- Board memberDaniel J. Hirsch Jun 2, 2023 to Feb 26, 202431
- Board memberJulius W. Erving Ii. Apr 13, 2022 to Apr 27, 202232
- Board memberMeredith Marshall Dec 5, 2022 to now33
- Board memberDominique Mielle Mar 19, 2021 to now34
- Board memberAndrea Petro Jul 27, 2020 to Feb 26, 202435
- Board memberGilbert E. Nathan Apr 8, 2019 to now36
- Board memberFrank P. Filipps Nov 10, 2016 to Feb 26, 202437
- Board memberJ. Mitchell Reese Nov 10, 2016 to now38
- Board memberTodd M. Sinai Nov 10, 2016 to now39
- Board memberThomas E. Capasse Nov 29, 2016 to now40
- Board memberDavid L. Holman Mar 26, 2015 to Mar 12, 202041
- Board memberChristian Zugel Aug 20, 2014 to Aug 20, 201442
- Board memberDaniel Mudge Feb 7, 2013 to Nov 1, 201643
- Board memberDenise Crowley Feb 7, 2013 to Jun 6, 201444
- Board memberJames Zinn Feb 7, 2013 to Aug 19, 201445
- Board memberMarran H. Ogilvie Feb 7, 2013 to Aug 26, 201446
- Board memberMichael Szymanski Feb 7, 2013 to Aug 19, 201416
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 6100 North Keystone Avenue – 10103450 LLC Delaware4
- Aetna Springs Resorts, LLC Delaware4
- BRMK 1301 N. 29th, LLC Washington4
- BRMK 19302 Cottonwood, LLC Delaware4
- BRMK 411 Sam Houston LLC Texas4
- BRMK Bellaire II LLC Texas4
- BRMK Bellaire LLC Texas4
- BRMK Blue Sky LLC Washington4
- BRMK Blueprint LLC Colorado4
- BRMK Boerne Ranch LLC Washington4
- BRMK Cedar Corners LLC Washington4
- BRMK Chesapeake Acquisitions LLC Delaware4
- BRMK Colfax & Sable, LLC Colorado4
- BRMK Dakin LLC Colorado4
- BRMK Dayton Townhomes LLC Colorado4
- BRMK Echo Lake LLC Washington4
- BRMK Esplanade Apartments LLC Utah4
- BRMK Gateway Northbrook LLC Washington4
- BRMK Grove, LLC Washington4
- BRMK Harrison, LLC Colorado4
- BRMK Heber City, LLC Delaware4
- BRMK Hoefgen, LLC Delaware4
- BRMK Jefferson, LLC Colorado4
- BRMK Legacy Lofts LLC Delaware4
All 251 listed subsidiaries
- BRMK Lending SPE AT, LLC Delaware4
- BRMK Lending SPE AT2, LLC Delaware4
- BRMK Lending SPE CH, LLC Delaware4
- BRMK Lending SPE CN, LLC Delaware4
- BRMK Lending SPE D Trust Delaware4
- BRMK Lending SPE DB, LLC Delaware4
- BRMK Lending SPE GS, LLC Delaware4
- BRMK Lending SPE I LLC Delaware4
- BRMK Lending SPE JP LLC Delaware4
- BRMK Lending SPE NM LLC Delaware4
- BRMK Lending, LLC Delaware4
- BRMK Management SPE CN LLC Delaware4
- BRMK Management SPE JP LLC Delaware4
- BRMK Management, LLC Delaware4
- BRMK Market Street REO, LLC Delaware4
- BRMK Mesa Drive, LLC Delaware4
- BRMK OLD WASHINGTON LLC Washington4
- BRMK PROVO CANYON LLC Washington4
- BRMK Reserve at Deer Valley LLC Delaware4
- BRMK Roth Park Building B LLC Colorado4
- BRMK SAGE CREEK LLC Washington4
- BRMK SR LLC Washington4
- BRMK St Mary’s, LLC Delaware4
- BRMK TACONY ST LLC Washington4
- BRMK W TAMPICO DR LLC Washington4
- BRMK Willow Springs LLC Texas4
- BRMK World Resorts LLC Washington4
- Boost Events, LLC Delaware4
- Broadmark Private REIT Management, LLC Delaware4
- Broadmark Realty Management, LLC Delaware4
- Cascade RE, LLC Vermont4
- Conventional Loan SPV I, LLC Delaware4
- FC Capital US III LLC Delaware4
- FC MARKETPLACE, LLC Delaware4
- Financial AI Holdings, LLC Delaware4
- Funding Circle USA, Inc. Delaware4
- GMFS LLC Delaware4
- Knight Capital Funding II, LLC Delaware4
- Knight Capital Funding III SPV, LLC Delaware4
- Knight Capital Funding III, LLC Delaware4
- Knight Capital Funding, LLC Delaware4
- Knight Capital SVC, LLC Delaware4
- Knight Capital, LLC Delaware4
- M1 CUSO, LLC Delaware4
- MREC BPPE Holdings, LLC Delaware4
- MREC GALA SUBCO, LLC Delaware4
- MREC PH Holdings, LLC Delaware4
- MREC U2 Asset Pool, LLC Delaware4
- Madison One Capital, LLC Nevada4
- Madison One Lender Services, LLC Nevada4
- Mosaic Aetna Springs PE, LLC Delaware4
- Mosaic Aetna Springs Resorts JV, LLC Delaware4
- Mosaic DTLA, LLC Delaware4
- Mosaic Davis Hotel, LLC Delaware4
- Mosaic ECI Tranche III, LLC Delaware4
- Mosaic NB Investor, LLC Delaware4
- Mosaic Portland Hotel, LLC Delaware4
- Mosaic Portland Superblock, LLC Delaware4
- Mosaic Sacramento Hotel, LLC Delaware4
- Mosaic Southlake, LLC Delaware4
- Mosaic Spring Street Hotel, LLC Delaware4
- Mosaic Vintage Oaks, LLC Delaware4
- PBRELF Peak, LLC Washington4
- Puma Secured Finance DAC Ireland4
- RC 1106 11th St REO LLC Delaware4
- RC 1112 Fulton REO 2024, LLC Delaware4
- RC 158 Lafayette REO, LLC Delaware4
- RC 1609 Sherry REO, LLC Delaware4
- RC 200 N Booth Calloway REO, LLC Delaware4
- RC 201 W Blacklidge REO, LLC Delaware4
- RC 2350 N Sam Houston REO, LLC Delaware4
- RC 251 Carroll St REO LLC Delaware4
- RC 2800 John West REO, LLC Delaware4
- RC 685 North Main REO LLC Delaware4
- RC 903 Central REO LLC Delaware4
- RC Artea Financing, LLC Delaware4
- RC Barry Avenue REO, LLC Delaware4
- RC Block 216 REO Aggregator Topco, LLC Delaware4
- RC Block 216 REO Aggregator, LLC Delaware4
- RC Block 216 REO Condo Propco, LLC Delaware4
- RC Block 216 REO Hotel Leaseco Topco, LLC Delaware4
- RC Block 216 REO Hotel Leaseco, LLC Delaware4
- RC Block 216 REO Hotel Propco, LLC Delaware4
- RC Block 216 REO Office-Retail Propco, LLC Delaware4
- RC Even Hotel REO, LLC Delaware4
- RC Good Asset, LLC Delaware4
- RC HYPO GALA, LLC Delaware4
- RC Henness Financing, LLC Delaware4
- RC Holdings Sub I, LLC Delaware4
- RC Holdings Sub II, LLC Delaware4
- RC International Holdings, LLC Delaware4
- RC Knight Holdings, LLC Delaware4
- RC Lakin Park Financing, LLC Delaware4
- RC Lofts 2-4 W 2nd Street REO, LLC Delaware4
- RC M1 Holdings, LLC Delaware4
- RC Macon Portfolio REO, LLC Delaware4
- RC Merger Subsidiary, LLC Delaware4
- RC Mosaic Manager, LLC Delaware4
- RC Norterra Financing, LLC Delaware4
- RC REO LLC Washington4
- RC San Marcos REO 2023, LLC Delaware4
- RC Sunbelt Portfolio Sub-Pool 1, LLC Delaware4
- RC TE REIT Pref Holdings, LLC Delaware4
- RC U Asset Pool, LLC Delaware4
- RCH Term Holdings, LLC Delaware4
- RCH Term Intermediate Holdings, LLC Delaware4
- RCMF 2018-FL2 Marathon Street, LLC Delaware4
- RCMF 2019-FL3 Ellis Street LLC Delaware4
- RCMF FL7 NM, LLC Delaware4
- RCMF RH2 Member, LLC Delaware4
- RCMF RH3 Member, LLC Delaware4
- RCMF Residual Holdings 1, LLC Delaware4
- RCMF Residual Holdings 2, LLC Delaware4
- RCMF Residual Holdings 3, LLC Delaware4
- RCMT 2018-FL2 Texas Multifamily Properties, LLC Delaware4
- RCSR I Collateral Holdings, LLC Delaware4
- RCSR I Holdings, LLC Delaware4
- RCSR I Intermediate Holdings, LLC Delaware4
- RCSR I Investments, LLC Delaware4
- RCSR II Financing 1, Ltd. Cayman Islands4
- RCSR II Investments, LLC Delaware4
- RS Development Partners LLC Delaware4
- Ready Capital Insurance Agency, LLC Delaware4
- Ready Capital Investments Parent, LLC Delaware4
- Ready Capital Investments, LLC Delaware4
- Ready Capital Kilfane I, LLC Delaware4
- Ready Capital Kilfane II, LLC Delaware4
- Ready Capital Mortgage Depositor FL12, LLC Delaware4
- Ready Capital Mortgage Depositor II, LLC Delaware4
- Ready Capital Mortgage Depositor IV, LLC Delaware4
- Ready Capital Mortgage Depositor IX, LLC Delaware4
- Ready Capital Mortgage Depositor V, LLC Delaware4
- Ready Capital Mortgage Depositor VI, LLC Delaware4
- Ready Capital Mortgage Depositor VII, LLC Delaware4
- Ready Capital Mortgage Depositor VIII, LLC Delaware4
- Ready Capital Mortgage Depositor, LLC Delaware4
- Ready Capital Mortgage Financing 2019-FL3, LLC Delaware4
- Ready Capital Mortgage Financing 2020-FL4, LLC Delaware4
- Ready Capital Mortgage Financing 2021-FL5, LLC Delaware4
- Ready Capital Mortgage Financing 2021-FL6, LLC Delaware4
- Ready Capital Mortgage Financing 2021-FL7, LLC Delaware4
- Ready Capital Mortgage Financing 2022-FL10, LLC Delaware4
- Ready Capital Mortgage Financing 2022-FL8, LLC Delaware4
- Ready Capital Mortgage Financing 2022-FL9, LLC Delaware4
- Ready Capital Mortgage Financing 2023-FL11, LLC Delaware4
- Ready Capital Mortgage Financing 2023-FL12, LLC Delaware4
- Ready Capital Partners I, LLC Delaware4
- Ready Capital Subsidiary REIT I Trust Delaware4
- Ready Capital Subsidiary REIT I, LLC Delaware4
- Ready Capital Subsidiary REIT II, LLC Delaware4
- Ready Capital TRS I, LLC Delaware4
- Ready Term Holdings, LLC Delaware4
- Ready Term Intermediate Holdings, LLC Delaware4
- ReadyCap Commercial Mortgage Depositor, LLC Delaware4
- ReadyCap Commercial Trust Delaware4
- ReadyCap Commercial, LLC Delaware4
- ReadyCap Holdings, LLC Delaware4
- ReadyCap Lending SBL Depositor, LLC Delaware4
- ReadyCap Lending Small Business Loan Trust 2019- 2 Delaware4
- ReadyCap Lending Small Business Loan Trust 2023- 3 Delaware4
- ReadyCap Lending, LLC Delaware4
- ReadyCap Mortgage Trust 2014- 01 New York4
- ReadyCap Mortgage Trust 2015- 02 New York4
- ReadyCap Mortgage Trust 2016- 03 New York4
- ReadyCap Mortgage Trust 2018- 04 New York4
- ReadyCap Mortgage Trust 2019- 05 New York4
- ReadyCap Mortgage Trust 2019- 06 New York4
- ReadyCap Mortgage Trust 2022- 7 New York4
- ReadyCap RedStone, LLC Delaware4
- ReadyCap Warehouse Financing AT2 LLC Delaware4
- ReadyCap Warehouse Financing AT2 REO, LLC Delaware4
- ReadyCap Warehouse Financing CN, LLC Delaware4
- ReadyCap Warehouse Financing II LLC Delaware4
- ReadyCap Warehouse Financing III LLC Delaware4
- ReadyCap Warehouse Financing IV LLC Delaware4
- ReadyCap Warehouse Financing LLC Delaware4
- ReadyCap Warehouse Financing NM, LLC Delaware4
- ReadyCap Warehouse Financing WF LLC Delaware4
- Red Stone A7 II LLC Delaware4
- Red Stone A7 III LLC Delaware4
- Red Stone A7 LLC Delaware4
- Red Stone Companies II LLC Delaware4
- Red Stone Companies III LLC Delaware4
- Red Stone Companies LLC Delaware4
- Red Stone Financial Services LLC Delaware4
- Red Stone Partners Companies LLC Delaware4
- Red Stone Servicer, LLC Delaware4
- SAMC DFW REO 2021, LLC Delaware4
- SAMC REO 2013-01, LLC Delaware4
- SAMC REO 2018-01, LLC Delaware4
- Skye Hawk RE, LLC Vermont4
- Skyeburst IC, LLC Vermont4
- Starz Acquarius DAC Ireland4
- Sutherland 2018-SBC7 REO I, LLC Delaware4
- Sutherland Asset I Trust Delaware4
- Sutherland Asset I, LLC Delaware4
- Sutherland Asset I-AT2, LLC Delaware4
- Sutherland Asset I-CN, LLC Delaware4
- Sutherland Asset I-CS, LLC Delaware4
- Sutherland Asset I-NM, LLC Delaware4
- Sutherland Asset I-WF, LLC Delaware4
- Sutherland Asset II, LLC Delaware4
- Sutherland Asset III, LLC Delaware4
- Sutherland Asset IV-CH, LLC Delaware4
- Sutherland Asset IV-GS, LLC Delaware4
- Sutherland Commercial Mortgage Depositor II, LLC Delaware4
- Sutherland Commercial Mortgage Loans 2015-SBC4, LLC Delaware4
- Sutherland Commercial Mortgage Trust 2017- SBC6 New York4
- Sutherland Commercial Mortgage Trust 2019- SBC8 New York4
- Sutherland Commercial Mortgage Trust 2021- SBC10 New York4
- Sutherland ERISA Holdings, Ltd. Delaware4
- Sutherland Fund, Ltd. Delaware4
- Sutherland Holdings, Ltd. Delaware4
- Sutherland Partners, L.P. Delaware4
- Sutherland REIT Holdings, LP Delaware4
- Sutherland Warehouse Trust Delaware4
- Tiger Merchant Funding, LLC Delaware4
- UDF IV Acquisitions Manager, LLC Delaware4
- UDF IV Acquisitions, LP Delaware4
- UDF IV LB I, Inc Delaware4
- UDF IV LB II, Inc Delaware4
- UDF IV LB III, Inc Delaware4
- Waterfall Commercial Depositor II, LLC Delaware4
- Waterfall Commercial Depositor LLC Delaware4
- eBusiness Funding, LLC Delaware4
- iBusiness Funding, LLC Delaware4
- iBusiness Software LLC Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 28, 20268-K Other events47
- Sep 23, 20268-K Change to shareholders' rights48
- Sep 18, 20268-K New debt or obligation; Other events49
- Aug 6, 20268-K Results of operations50
- Jul 23, 20268-K Shareholder vote51
- May 7, 20268-K Results of operations52
- Mar 24, 20268-K Other events53
- Feb 26, 20268-K Results of operations54
- Nov 6, 20258-K Results of operations55
- Oct 15, 20258-K Shareholder vote56
- Sep 9, 20258-K Regulation FD disclosure57
- Aug 8, 20258-K Results of operations58
- Nov 10, 2016New chief executive Thomas E. Capasse becomes CEO15
- Feb 7, 2013New chief executive Michael Szymanski becomes CEO16
- May 24, 2011Founded Ready Capital Corp is founded2
Calendar
Coming up
- Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.94) a share, on Nov 6, 2025.59
When it reported results
- Aug 6, 2026Reported quarterly or annual results50
- May 7, 2026Reported quarterly or annual results52
- Feb 26, 2026Reported quarterly or annual results54
- Nov 6, 2025Reported quarterly or annual results55
- Aug 8, 2025Reported quarterly or annual results58
- May 8, 2025Reported quarterly or annual results60
- Mar 3, 2025Reported quarterly or annual results61
- Nov 7, 2024Reported quarterly or annual results62
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
307 filings to the SEC since October 2021: 9 annual reports, 15 quarterly reports, 67 major events, 96 insider forms, 17 large holders, 103 other. The latest 20:
- Sep 28, 20268-K EDGAR
- Sep 23, 20268-K EDGAR
- Sep 18, 20268-K EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 23, 20268-K EDGAR
- Jul 17, 2026S-8 EDGAR
- Jun 2, 20264 EDGAR
- Jun 1, 2026DEF 14A EDGAR
- Jun 1, 2026ARS EDGAR
- May 29, 2026144 EDGAR
- May 8, 202610-Q EDGAR
- May 7, 20268-K EDGAR
- Apr 30, 202610-K/A EDGAR
- Apr 22, 202625-NSE EDGAR
- Mar 27, 2026SCHEDULE 13G/A EDGAR
- Mar 24, 20268-K EDGAR
- Mar 17, 20264 EDGAR
- Mar 17, 20264 EDGAR
- Mar 17, 20263 EDGAR
The 307 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
29 open-market trades by officers, directors and large owners since October 2021: 25 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 29, 2026 | Ahlborn AndrewChief Financial Officer | Buy | 2,799 | $1.82 | $5.1K | Form 4 |
| May 29, 2026 | Ahlborn AndrewChief Financial Officer | Sale | 2,799 | $1.81 | $5.1K | Form 4 |
| Mar 6, 2026 | NATHAN GILBERT EDirector | Buy | 30,000 | $1.95 | $58.5K | Form 4 |
| Mar 5, 2026 | NATHAN GILBERT EDirector | Buy | 10,000 | $2.02 | $20.2K | Form 4 |
| Oct 30, 2025 | Ahlborn AndrewChief Financial Officer | Buy | 565 | $2.93 | $1.7K | Form 4 |
| Jul 30, 2025 | Ahlborn AndrewChief Financial Officer | Buy | 377 | $4.16 | $1.6K | Form 4 |
| Apr 29, 2025 | Ahlborn AndrewChief Financial Officer | Buy | 358 | $4.17 | $1.5K | Form 4 |
| Mar 12, 2025 | Ahlborn AndrewChief Financial Officer | Buy | 10,000 | $5.04 | $50.4K | Form 4 |
| Mar 10, 2025 | NATHAN GILBERT EDirector | Buy | 5,000 | $5.12 | $25.6K | Form 4 |
| Mar 10, 2025 | Taylor GaryChief Operating Officer | Buy | 10,000 | $5.23 | $52.3K | Form 4 |
| Mar 7, 2025 | Zausmer AdamChief Credit Officer | Buy | 10,000 | $5.42 | $54.2K | Form 4 |
| Mar 6, 2025 | Capasse Thomas ECEO and CIO | Buy | 90,000 | $4.99 | $449.1K | Form 4 |
| Mar 5, 2025 | Capasse Thomas ECEO and CIO | Buy | 10,000 | $4.80 | $48.0K | Form 4 |
| Mar 5, 2025 | Ross Jack J.President | Buy | 5,000 | $4.85 | $24.2K | Form 4 |
| May 24, 2024 | NATHAN GILBERT EDirector | Buy | 10,000 | $8.29 | $82.9K | Form 4 |
| Mar 22, 2024 | NATHAN GILBERT EDirector | Buy | 9,150 | $9.12 | $83.5K | Form 4 |
| Mar 14, 2024 | NATHAN GILBERT EDirector | Buy | 10,000 | $8.65 | $86.5K | Form 4 |
| Mar 5, 2024 | LUEBBERS KEVIN MDirector | Buy | 5,000 | $8.43 | $42.1K | Form 4 |
| Aug 15, 2023 | Capasse Thomas ECEO and CIO | Sale | 26,623 | $10.70 | $284.9K | Form 4 |
| Mar 8, 2023 | NATHAN GILBERT EDirector | Buy | 3,841 | $11.05 | $42.4K | Form 4 |
All 29 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 27, 202663
- BlackRockSCHEDULE 13G/A, 5 filings Jan 26, 2022 to Jan 8, 202664
- Howard AmsterSCHEDULE 13D/A, 3 filings Aug 5, 2025 to Nov 10, 202565
- Sutherland REIT Holdings, LPSC 13D/A, 4 filings Jun 22, 2022 to Apr 17, 202466
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Andrew Ahlborn | $550.0K | $2.8M67 | |
| 2025 | Gary Taylor | $450.0K | $2.1M67 | |
| 2025 | Adam Zausmer | $550.0K | $1.8M67 | |
| 2024 | Chief Financial Officer | $450.0K | $2.3M67 | |
| 2024 | Former Chief Credit Officer | $450.0K | $2.3M67 | |
| 2024 | Former Chief Operating Officer | $450.0K | $2.0M67 | |
| 2023 | Former Chief Credit Officer | $450.0K | $3.9M67 | |
| 2023 | Chief Financial Officer | $450.0K | $3.9M67 | |
| 2023 | Former Chief Operating Officer | $450.0K | $2.6M67 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 17,747,767 | $31.1M | 0.0% | +3,250,961 |
| UBS Group AG | 11,361,883 | $19.9M | 0.0% | +75,072 |
| Private Management Group Inc | 7,932,521 | $13.9M | 0.4% | +689,928 |
| Vanguard Capital Management LLC | 6,489,106 | $11.4M | 0.0% | −21,055 |
| Mason Capital Management LLC | 4,319,933 | $7.6M | 1.2% | No change |
| Geode Capital Management, LLC | 3,926,983 | $6.9M | 0.0% | +184,950 |
| Waterfall Asset Management, LLC | 3,908,983 | $6.8M | 5.8% | No change |
| State Street Corp | 3,355,345 | $5.9M | 0.0% | −38,533 |
| Aqr Capital Management LLC | 3,147,977 | $5.5M | 0.0% | +1,514,986 |
| Charles Schwab Investment Management Inc | 3,038,221 | $5.3M | 0.0% | −194,908 |
| Goldman Sachs Group Inc | 1,796,045 | $3.1M | 0.0% | −285,408 |
| Morgan Stanley | 1,792,938 | $3.1M | 0.0% | +93,976 |
| Tudor Investment Corp Et Al | 1,292,949 | $2.3M | 0.0% | +71,310 |
| Ramsey Quantitative Systems | 1,249,003 | $2.2M | 2.0% | No change |
| Northern Trust Corp | 1,209,565 | $2.1M | 0.0% | −255,596 |
| Qube Research & Technologies Ltd | 1,209,540 | $2.1M | 0.0% | −178,357 |
| Vanguard Portfolio Management LLC | 1,208,816 | $2.1M | 0.0% | +100,979 |
| Quadrant Private Wealth Management, LLC | 1,105,627 | $1.9M | 0.4% | −7,187 |
| Vanguard Fiduciary Trust Co | 1,023,341 | $1.8M | 0.0% | +48,570 |
| Mariner, LLC | 1,018,434 | $1.8M | 0.0% | +96,779 |
| Soltis Investment Advisors LLC | 863,008 | $1.5M | 0.1% | −35,643 |
| Nexpoint Asset Management, L.P. | 850,129 | $1.5M | 0.1% | No change |
| D. E. Shaw & Co., Inc. | 727,537 | $1.3M | 0.0% | +68,350 |
| Arax Advisory Partners | 597,353 | $1.0M | 0.0% | +47,663 |
| Atom Investors LP | 581,559 | $1.0M | 0.1% | −124,037 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 16, 2022 | Christopher L. Jacobs, House | Buy | $15,001 - $50,000 | −200.5% | Report |
| Jun 16, 2022 | Christopher L. Jacobs, House | Buy | $15,001 - $50,000 | −200.5% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Ready Capital Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARReady Capital Corp1
- CIK0001527590
- Employer ID (EIN)90-07291435
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inMaryland5
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address1251 Avenue Of The Americas, 50Th Floor, New York, NY 100201
- Phone(800) 453-35481
- Shares outstanding165,190,992 as of Aug 6, 202611
- Public float$694.7M as of Jun 30, 20255
- AuditorDELOITTE & TOUCHE LLP, New York, New York PCAOB ID 34; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceAug 9, 20111
- Filings836 in all: 4 (189), 8-K (181), 425 (54), 10-Q (41), 3 (34), 424B3 (29), CORRESP (27), UPLOAD (26)1
All 54 form types
ABS-15G (25), SC 13G/A (19), EFFECT (16), 10-K (14), DEF 14A (12), SC 13G (12), FWP (10), S-4/A (10), DEFA14A (9), 8-A12B (8), 8-K/A (8), 10-K/A (7), S-3 (7), 25-NSE (6), 424B5 (6), CERT (6), S-4 (6), SC 13D/A (6), 5 (5), D (5), S-11/A (5), S-3/A (5), S-8 (5), 4/A (4), SC TO-I/A (4), ARS (3), S-3ASR (3), SCHEDULE 13G/A (3), 424B1 (2), CERTNYS (2), DRSLTR (2), POS AM (2), S-11 (2), SC 13D (2), SC TO-I (2), SCHEDULE 13D/A (2), 144 (1), 15-12G (1), 424B7 (1), AW (1), DRS (1), DRS/A (1), NT 10-K/A (1), POSASR (1), S-3D (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Mar 2, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Jun 1, 2026
Latest 8-K (8-K) Sep 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.0001 par value per share | RC | New York Stock Exchange |
| Preferred Stock, 6.25% Series C Cumulative Convertible, par value $0.0001 per share | RC PRC | New York Stock Exchange |
| Preferred Stock, 6.50% Series E Cumulative Redeemable, par value $0.0001 per share | RC PRE | New York Stock Exchange |
| 6.20% Senior Notes due 2026 | RCB | New York Stock Exchange |
| 9.00% Senior Notes due 2029 | RCD | New York Stock Exchange |
From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Ready Capital Corp names in Item 1A of its 10-K filed Mar 2, 2026: 79 risks under these headings, as written.5
- Risks Related to Our Business
- Difficult conditions in the mortgage, residential and commercial real estate markets, or in the financial markets and
- the economy generally, including market volatility, inflation and geopolitical tensions, may cause us to experience
- market losses related to our holdings, and there is no assurance that these conditions will improve in the near future.
- Periods of higher inflation in the U.S. may have an adverse impact on the valuation of our investments.
- We anticipate a significant portion of our investments will be in the form of LMM loans that are subject to risks, such
- as credit risk.
- Disruptions in the financial and banking sectors may adversely impact our access to capital and our cost of
- borrowing, which could adversely affect us, our business or our results of operations.
- The lack of liquidity of our assets may adversely affect our business, including our ability to value and sell our assets.
- Our and Waterfall’s due diligence of potential LMM loans and ABS assets may not reveal all of the liabilities
- associated with and other combined weaknesses in such LMM loans and ABS assets, which could lead to investment
The other 68 risks
- The use of underwriting guideline exceptions in the LMM loan origination process may result in increased
- delinquencies and defaults.
- Deficiencies in appraisal quality in the mortgage loan origination and acquisition process may result in increased
- principal loss severity.
- Changing market conditions may make it more difficult to analyze potential investment opportunities for our portfolio
- Any costs or delays involved in the completion of a foreclosure or liquidation of the underlying property may further
- reduce proceeds from the property and may increase the loss.
- Real estate properties acquired through foreclosure subject us to additional risks associated with owning real estate.
- If any of our properties incurs a vacancy, it could be difficult to sell or re-lease.
- Our properties may be subject to impairment charges.
- We could face potential adverse effects from tenant defaults, bankruptcies or insolvencies.
- Any mezzanine loan assets we may purchase or originate may involve greater risks of loss than senior loans secured
- by income-producing properties.
- We may be exposed to environmental liabilities with respect to properties to which we take title, which may in turn
- decrease the value of the underlying properties.
- Investments outside the United States that are denominated in foreign currencies subject us to foreign currency risks
- and to the uncertainty of foreign laws and markets, which may adversely affect our distributions and our REIT status.
- Significant movements in foreign currency exchange rates or change in monetary policy could affect our investments
- and may harm our financial results.
- Our loans are dependent on the ability of the commercial property owner to generate net income from operating the
- property, which may result in the inability of such property owner to repay a loan, as well as the risk of foreclosure.
- Future pandemics and epidemics may adversely affect our borrowers, the real estate industry and global markets, and
- our business and operations, financial condition, results of operations, liquidity and capital resources.
- Our portfolio of assets may at times be concentrated in certain property types or secured by properties concentrated in
- a limited number of geographic areas, which increases our exposure to economic downturn with respect to those
- property types or geographic locations.
- The increasing number of proposed United States federal, state and local laws may affect certain mortgage-related
- assets in which we intend to invest and could materially increase our cost of doing business.
- Failure to obtain or maintain required approvals and/or state licenses necessary to operate our mortgage-related
- activities may adversely impact our investment strategy.
- Loans to small businesses involve a high degree of business and financial risk, which can result in substantial losses
- that would adversely affect our business, results of operations and financial condition.
- Some of the mortgage loans we will originate or acquire are loans made to self-employed borrowers who have a
- higher risk of delinquency and default, which could have a material and adverse effect on our business, results of
- operations and financial condition.
- Some of the mortgage loans we will originate or acquire are secured by non-owner/user properties that may
- experience increased frequency of default and, when in default, the owners are more likely to abandon their
- properties, which could have a material and adverse effect on our business, results of operations and financial
- We are a seller/servicer approved to sell mortgage loans to Freddie Mac and failure to maintain our status as an
- approved seller/servicer could harm our business.
- A diminished role and other changes in the role of Freddie Mac in the mortgage market may adversely affect our
- Our acquisitions and the integration of acquired businesses subject us to various risks and may not result in all of the
- cost savings and benefits anticipated, which could adversely affect our financial condition or results of operations.
- We are subject to the unique risks related to integrating a construction lending platform into our existing operations
- and the origination and ownership of construction loans.
- If Waterfall underestimates the credit analysis and the expected risk-adjusted return relative to other comparable
- investment opportunities, we may experience losses.
- Waterfall utilizes analytical models and data in connection with the valuation of our LMM loans and LMM ABS, and
- any incorrect, misleading or incomplete information used in connection therewith would subject us to potential risks.
- The failure of a third-party servicer or the failure of our own internal servicing system to effectively service our
- portfolio of mortgage loans would materially and adversely affect us.
- The bankruptcy of a third-party servicer would adversely affect our business, results of operations and financial
- New entrants in the market for LMM loan acquisitions and originations could adversely impact our ability to acquire
- LMM loans at attractive prices and originate LMM loans at attractive risk-adjusted returns.
- We cannot predict the unintended consequences and market distortions that may stem from far-ranging interventions
- in the financial system and oversight of financial markets.
- Joint venture investments could be adversely affected by our lack of sole decision-making authority, our reliance on
- joint venture partners’ financial condition and liquidity and disputes between us and our joint venture partners.
- Our inability to manage future growth could have an adverse impact on our financial condition and results of
- Declines in the fair market values of our assets may adversely affect periodic reported results and credit availability,
- which may reduce earnings and, in turn, cash available for distribution to our stockholders.
- Our investments may include subordinated tranches of ABS which are subordinate in right of payment to more senior
- In certain cases we may not control the special servicing of the mortgage loans included in the securities in which we
- may invest in, and in such cases, the special servicer may take actions that could adversely affect our interests.
- Any credit ratings assigned to our LMM loans and ABS assets will be subject to ongoing evaluations and revisions
- and we cannot assure you that those ratings will not be downgraded.
- The receivables underlying the ABS we may acquire are subject to credit risks, liquidity risks, interest rate risks,
- market risks, operations risks, structural risks and legal risks, which could result in losses to us.
Legal proceedings
From time to time, the Company may be involved in various claims and legal actions in the ordinary course of business.
Merger litigation
On June 6, 2024, a purported former stockholder of Broadmark filed a class action lawsuit in the Circuit Court for
Baltimore City, Maryland, captioned Eibling v. Pyatt, et al., No. C-24-CV-24-000818 (Md. Cir. Ct. Balt. City), (the
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARChristian Zugel, Chair
- 18SEC EDGARMichael Szymanski, President
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- 21SEC EDGARDonna Blank, Chief financial officer
- 22SEC EDGARPaul McDade, Chief financial officer
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- 24SEC EDGARDominick Scali, Chief Credit Officer
- 25SEC EDGARAdam Zausmer, Chief Credit Officer
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- 29SEC EDGARKevin M. Luebbers, Board member
- 30SEC EDGARPinkie Dent Mayfield, Board member
- 31SEC EDGARDaniel J. Hirsch, Board member
- 32SEC EDGARJulius W. Erving Ii., Board member
- 33SEC EDGARMeredith Marshall, Board member
- 34SEC EDGARDominique Mielle, Board member
- 35SEC EDGARAndrea Petro, Board member
- 36SEC EDGARGilbert E. Nathan, Board member
- 37SEC EDGARFrank P. Filipps, Board member
- 38SEC EDGARJ. Mitchell Reese, Board member
- 39SEC EDGARTodd M. Sinai, Board member
- 40SEC EDGARThomas E. Capasse, Board member
- 41SEC EDGARDavid L. Holman, Board member
- 42SEC EDGARChristian Zugel, Board member
- 43SEC EDGARDaniel Mudge, Board member
- 44SEC EDGARDenise Crowley, Board member
- 45SEC EDGARJames Zinn, Board member
- 46SEC EDGARMarran H. Ogilvie, Board member
- 47SEC EDGAROther events
- 48SEC EDGARChange to shareholders' rights
- 49SEC EDGARNew debt or obligation; Other events
- 50SEC EDGARResults of operations
- 51SEC EDGARShareholder vote
- 52SEC EDGARResults of operations
- 53SEC EDGAROther events
- 54SEC EDGARResults of operations
- 55SEC EDGARResults of operations
- 56SEC EDGARShareholder vote
- 57SEC EDGARRegulation FD disclosure
- 58SEC EDGARResults of operations
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