Ready Capital Corp 8K

Ready Capital Corporation announced second quarter 2026 results showing a significant GAAP and distributable loss alongside substantial balance sheet deleveraging, debt retirement, and an SBA 7(a) loan securitization to support future funding capacity.

On August 6, 2026, Ready Capital Corporation reported its financial results for the quarter ended June 30, 2026, disclosing a GAAP net loss attributable to the company of approximately $103.5 million, a GAAP loss per common share of $0.63, and a distributable loss per common share of $0.47 (or $0.24 before realized losses), while highlighting ongoing balance sheet repositioning efforts that have generated $1.4 billion of cash year-to-date through loan sales and portfolio runoff, enabled paydown of over $1 billion in asset-level financing, retirement of $184 million of corporate debt including its 6.20% Senior Unsecured Notes in April 2026, and execution of a $158.2 million securitization of unguaranteed SBA 7(a) loans that provided $24.6 million of net liquidity and $500 million of additional funding capacity, along with updated portfolio metrics, capitalization levels, and non‑GAAP distributable earnings reconciliations, and announcing an earnings webcast and conference call to discuss these results.

Filing Facts

CIK

1527590

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-054466

Alert Tier

7