Ready Capital Corporation (RC)

Ready Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	649.16	896.98	945.81	663.22	395.2	258.64
Total Interest Expense	543.06	682.33	713.83	392.36	204.37	175.48
Net Interest Income	106.1	214.64	231.98	270.86	190.83	83.16
Other Revenue	-2.36	-106.4	201.83	167.63	155.1	356.63
Revenue Before Loan Losses	103.74	108.24	433.81	438.48	345.93	439.79
Provision for Loan Losses	222.06	292.76	7.23	34.44	8.05	34.73
Revenue	-118.32	-184.52	426.58	404.04	337.88	405.06
Revenue Growth (YoY)	-	-	5.58%	19.58%	-16.59%	77.04%
Salaries & Employee Benefits	102.71	93.91	92.37	84.54	69.12	98.92
Cost of Services Provided	98.15	100.41	103.56	71.22	51.64	177.35
Other Operating Expenses	96.83	83.63	60.77	55.59	70.67	74.28
Total Operating Expenses	297.69	277.95	256.7	211.35	191.44	350.55
Operating Income	-416.01	-462.46	169.88	192.69	146.44	54.52
Currency Exchange Gain (Loss)	0.91	0.91	0.72	-	-	-
EBT Excluding Unusual Items	-415.1	-461.55	170.6	192.69	146.44	54.52
Other Unusual Items	112.56	13.86	207.97	-	-	-
Pretax Income	-353.2	-516.51	358.42	175.03	132.16	54.45
Income Tax Expense	-72.4	-104.51	7.17	15.48	14.86	8.38
Earnings From Continuing Ops.	-280.81	-412	351.25	159.55	117.3	46.07
Earnings From Discontinued Ops.	-22.4	-18.4	-2.83	43.61	42.67	-
Net Income to Company	-303.2	-430.4	348.41	203.16	159.97	46.07
Minority Interest in Earnings	-7.67	-5.36	-8.96	-8.9	-2.23	-1.2
Net Income	-310.87	-435.76	339.45	194.26	157.74	44.87
Preferred Dividends & Other Adjustments	9.13	9.13	9.28	9.56	9.09	1.39
Net Income to Common	-320	-444.88	330.17	184.7	148.65	43.48
Net Income Growth	-	-	74.74%	23.15%	251.56%	-38.51%
Shares Outstanding (Basic)	166	169	147	107	69	54
Shares Outstanding (Diluted)	166	169	149	117	69	54
Shares Change (YoY)	-2.57%	13.83%	26.77%	70.69%	27.58%	27.99%
EPS (Basic)	-1.93	-2.63	2.25	1.73	2.17	0.81
EPS (Diluted)	-1.93	-2.63	2.23	1.66	2.17	0.81
EPS Growth	-	-	34.48%	-23.55%	167.58%	-52.96%
Dividend Per Share	0.625	1.100	1.460	1.660	1.660	1.300
Dividend Growth	-45.65%	-24.66%	-12.05%	-	27.69%	-18.75%
Operating Margin	-	-	39.82%	47.69%	43.34%	13.46%
Profit Margin	-	-	77.40%	45.71%	44.00%	10.73%
Effective Tax Rate	-	-	2.00%	8.84%	11.24%	15.40%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q