Ready Capital Corporation (RC)
NYSE: RC · Real-Time Price · USD
1.740
-0.030 (-1.69%)
Sep 1, 2026, 9:34 AM EDT - Market open
Ready Capital Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest and Dividend Income | 420.6 | 569.17 | 896.98 | 945.81 | 663.22 | 395.2 |
Total Interest Expense | 414.18 | 507.65 | 682.33 | 716.47 | 392.36 | 204.37 |
Net Interest Income | 6.42 | 61.51 | 214.64 | 229.35 | 270.86 | 190.83 |
Other Revenue | 3.7 | -32.49 | -106.4 | 205.18 | 167.63 | 155.1 |
Revenue Before Loan Losses | 10.12 | 29.02 | 108.24 | 434.52 | 438.48 | 345.93 |
Provision for Loan Losses | 280.43 | 87.04 | 292.76 | 7.23 | 34.44 | 8.05 |
| -270.31 | -58.02 | -184.52 | 427.29 | 404.04 | 337.88 | |
Revenue Growth | - | - | - | 5.75% | 19.58% | -16.59% |
Salaries & Employee Benefits | 108.44 | 104.32 | 93.91 | 92.37 | 84.54 | 69.12 |
Cost of Services Provided | 85.66 | 93.77 | 100.41 | 103.56 | 71.22 | 51.64 |
Other Operating Expenses | 150.8 | 121.61 | 83.63 | 54.52 | 55.59 | 70.67 |
Total Operating Expenses | 344.9 | 319.69 | 277.95 | 250.45 | 211.35 | 191.44 |
Operating Income | -615.21 | -377.7 | -462.46 | 176.85 | 192.69 | 146.44 |
Currency Exchange Gain (Loss) | 0.21 | 0.21 | 0.91 | - | - | - |
EBT Excluding Unusual Items | -615.01 | -377.5 | -461.55 | 176.85 | 192.69 | 146.44 |
Other Unusual Items | 27.74 | 109.55 | 13.86 | 207.97 | - | - |
Pretax Income | -620.79 | -302.56 | -516.51 | 358.42 | 175.03 | 132.16 |
Income Tax Expense | -71.51 | -86.7 | -104.51 | 7.17 | 15.48 | 14.86 |
Earnings From Continuing Ops. | -549.28 | -215.85 | -412 | 351.25 | 159.55 | 117.3 |
Earnings From Discontinued Ops. | 0.16 | -5.21 | -18.4 | -2.83 | 43.61 | 42.67 |
Net Income to Company | -549.12 | -221.06 | -430.4 | 348.41 | 203.16 | 159.97 |
Minority Interest in Earnings | -7.07 | -7.85 | -5.36 | -8.96 | -8.9 | -2.23 |
Net Income | -556.19 | -228.92 | -435.76 | 339.45 | 194.26 | 157.74 |
Preferred Dividends & Other Adjustments | 8.34 | 8.67 | 9.13 | 9.28 | 9.56 | 9.09 |
Net Income to Common | -564.53 | -237.58 | -444.88 | 330.17 | 184.7 | 148.65 |
Net Income Growth | - | - | - | 78.76% | 24.25% | 241.90% |
Shares Outstanding (Basic) | 163 | 165 | 169 | 147 | 107 | 69 |
Shares Outstanding (Diluted) | 163 | 165 | 169 | 149 | 117 | 69 |
Shares Change | -2.20% | -2.70% | 13.83% | 26.77% | 70.69% | 27.58% |
EPS (Basic) | -3.45 | -1.44 | -2.63 | 2.25 | 1.73 | 2.17 |
EPS (Diluted) | -3.45 | -1.44 | -2.63 | 2.23 | 1.66 | 2.17 |
EPS Growth | - | - | - | 34.48% | -23.55% | 167.58% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 0.155 | 0.385 | 1.100 | 1.460 | 1.660 | 1.660 |
Dividend Growth | -79.33% | -65.00% | -24.66% | -12.05% | 0% | 27.69% |
Operating Margin | - | - | - | 41.39% | 47.69% | 43.34% |
Profit Margin | - | - | - | 77.27% | 45.71% | 44.00% |
Effective Tax Rate | - | - | - | 2.00% | 8.84% | 11.24% |