8-K Announcements
6Mar 24, 2026·SEC
Feb 26, 2026·SEC
Nov 6, 2025·SEC
Ready Capital Corporation (RCB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Ready Capital Corporation (RCB) stock price & volume — 10-year historical chart
Ready Capital Corporation (RCB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Ready Capital Corporation (RCB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.43vs $0.14-210.4% | $14Mvs $84M-116.8% |
| Q4 2025 | Nov 6, 2025 | $0.11vs $0.24+53.4% | $623,000vs $73M-100.9% |
| Q3 2025 | Aug 7, 2025 | $0.14vs $0.01-1300.0% | $182Mvs $169M+7.5% |
| Q2 2025 | May 8, 2025 | $0.09vs $0.12-175.0% | $74Mvs $207M-135.7% |
Ready Capital Corporation (RCB) competitors in Small-balance bridge and hard-money lenders — business model, growth, and fundamentals comparison
Ready Capital Corporation (RCB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Ready Capital Corporation (RCB) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 176.99M | 280.19M | 306.76M | 390.81M | 635M | 697.97M | 404.04M | 426.58M | 907.04M | 240.25M |
| Revenue Growth % | 4.92% | 58.31% | 9.48% | 27.4% | 62.48% | 9.92% | -42.11% | 5.58% | 112.63% | -48.98% |
| Property Operating Expenses | 22.4M | 72.22M | 61.36M | 96.79M | 194.88M | 162.04M | 104.99M | 95.28M | 108.27M | 110.99M |
| Net Operating Income (NOI) | 154.59M▲ 0% | 207.97M▲ 34.5% | 245.4M▲ 18.0% | 294.02M▲ 19.8% | 440.12M▲ 49.7% | 535.94M▲ 21.8% | 299.05M▼ 44.2% | 331.3M▲ 10.8% | 798.77M▲ 141.1% | 364.66M▲ 0% |
| NOI Margin % | 87.35% | 74.22% | 80% | 75.23% | 69.31% | 76.78% | 74.01% | 77.67% | 88.06% | 151.78% |
| Operating Expenses | 62.99M | 159.87M | 148.99M | 164.3M | 137.63M | 105.35M | 131.11M | 162.55M | 159.14M | 12.91M |
| G&A Expenses | 0 | 0 | 0 | 0 | 130.91M | 100.2M | 124.95M | 34.74M | 26.89M | 95.24M |
| EBITDA | 115.36M | 236.85M | 260.68M | 178.95M | 237.92M | 427.15M | 25.71M | 899.56M | -392.23M | -418.34M |
| EBITDA Margin % | 65.18% | 84.53% | 84.98% | 45.79% | 37.47% | 61.2% | 6.36% | 210.88% | -43.24% | -174.12% |
| Depreciation & Amortization | 109.7M | 232.21M | 255.62M | 172.7M | 10.83M | 16.01M | 25.07M | 20.23M | 19.77M | 11.81M |
| D&A / Revenue % | 61.98% | 82.88% | 83.33% | 44.19% | 1.71% | 2.29% | 6.2% | 4.74% | 2.18% | 4.92% |
| Operating Income | 5.66M▲ 0% | 4.64M▼ 18.0% | 5.06M▲ 9.0% | 6.25M▲ 23.5% | 227.09M▲ 3532.8% | 411.14M▲ 81.1% | 644.83K▼ 99.8% | 879.33M▲ 136266.8% | -412M▼ 146.9% | -430.15M▲ 0% |
| Operating Margin % | 3.2% | 1.66% | 1.65% | 1.6% | 35.76% | 58.91% | 0.16% | 206.14% | -45.42% | -179.04% |
| Interest Expense | 0 | 0 | 0 | 151.88M | 175.48K | 0 | 403.7K | 716.47M | -696.46M | 0 |
| Interest Coverage | - | - | - | 0.04x | 1294.08x | - | 1.60x | 1.23x | - | - |
| Non-Operating Income | 31.12M | -43.34M | -46.08M | -193.89M | 0 | -232.52M | 0 | 0 | 0 | -80.59M |
| Pretax Income | 138.54M▲ 0% | 129.63M▼ 6.4% | 167.14M▲ 28.9% | 228.04M▲ 36.4% | 54.45M▼ 76.1% | 189.06M▲ 247.2% | 175.03M▼ 7.4% | 358.42M▲ 104.8% | -516.51M▼ 244.1% | -353.2M▲ 0% |
| Pretax Margin % | 78.27% | 46.27% | 54.49% | 58.35% | 8.58% | 27.09% | 43.32% | 84.02% | -56.94% | -147.01% |
| Income Tax | 132.88M | 124.99M | 162.08M | 221.79M | 8.38M | 29.08M | 29.73K | 7.17M | -104.51M | -72.4M |
| Effective Tax Rate % | 95.91% | 96.42% | 96.97% | 97.26% | 15.4% | 15.38% | 0.02% | 2% | 20.23% | 20.5% |
| Net Income | 65.22M▲ 0% | 47.65M▼ 26.9% | 62.84M▲ 31.9% | 64.5M▲ 2.6% | 54.45K▼ 99.9% | 148.65M▲ 272889.6% | 184.7M▲ 24.3% | 339.45M▲ 83.8% | -443.75M▼ 230.7% | -151.91M▲ 0% |
| Net Margin % | 36.85% | 17.01% | 20.49% | 16.51% | 0.01% | 21.3% | 45.71% | 79.58% | -48.92% | -63.23% |
| Net Income Growth % | 55.15% | -26.93% | 31.88% | 2.64% | -99.92% | 272889.55% | 24.25% | 83.78% | -230.73% | -35.27% |
| Funds From Operations (FFO) | 174.92M▲ 0% | 279.87M▲ 60.0% | 318.46M▲ 13.8% | 237.21M▼ 25.5% | 10.88M▼ 95.4% | 164.66M▲ 1412.8% | 209.77M▲ 27.4% | 359.68M▲ 71.5% | -423.98M▼ 217.9% | -115.88M▲ 0% |
| FFO Margin % | 98.83% | 99.88% | 103.81% | 60.7% | 1.71% | 23.59% | 51.92% | 84.32% | -46.74% | -48.23% |
| FFO Growth % | 3409.74% | 60% | 13.79% | -25.52% | -95.41% | 1412.8% | 27.4% | 71.46% | -217.88% | -1312.79% |
| FFO per Share | 6.38 | 8.73 | 9.91 | 4.82 | 0.20 | 2.40 | 1.79 | 2.42 | -2.51 | -0.69 |
| FFO Payout Ratio % | 26.8% | 17.24% | 16.11% | 26.7% | 522.63% | 67.97% | 89.54% | 59.8% | 0% | -19.7% |
| EPS (Diluted) | 2.38▲ 0% | 1.49▼ 37.4% | 1.96▲ 31.5% | 1.31▼ 33.2% | 0.81▼ 38.2% | 1.54▲ 90.1% | 1.51▼ 1.9% | 2.24▲ 48.3% | -2.60▼ 216.1% | -0.91▲ 0% |
| EPS Growth % | 43.37% | -37.4% | 31.54% | -33.16% | -38.17% | 90.12% | -1.95% | 48.34% | -216.07% | 371.06% |
| EPS (Basic) | 2.38 | 1.49 | 1.91 | 1.31 | 0.81 | 1.55 | 1.32 | 2.27 | -2.62 | - |
| Diluted Shares Outstanding | 27.42M | 32.04M | 32.13M | 49.23M | 53.82M | 68.66M | 117.19M | 148.57M | 169.11M | 167.79M |
Ready Capital Corporation (RCB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.61B | 2.52B | 487.62M | 4.98B | 5.37B | 9.53B | 11.62B | 12.44B | 10.14B | 8.33B |
| Asset Growth % | 11.82% | -3.14% | -80.68% | 920.67% | 7.94% | 77.47% | 21.89% | 7.06% | -18.48% | -82.54% |
| Real Estate & Other Assets | -61.07M | -80.61M | -72.49M | -177.82M | 4.89B | -256.91M | -336.11M | 11.97B | 9.78B | 7.5B |
| PP&E (Net) | 0 | 0 | 0 | 4.53M | 3.17M | 2.4M | 1.69M | 2.54M | 0 | 0 |
| Investment Securities | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 1000K | 0 | 1000K |
| Total Current Assets | 59.7M | 63.45M | 54.41M | 0 | 139M | 0 | 0 | 138.53M | 143.8M | 402.69M |
| Cash & Equivalents | 79.76M | 75.09M | 83.33M | 119.66M | 186.67M | 281.1M | 218.97M | 139.2M | 143.8M | 192M |
| Receivables | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 0 | 0 | -187.65M | -88.81M | -364.28M | -301.36M | -384.24M | -88.65M | 0 |
| Intangible Assets | 87.49M | 97.3M | 122.98M | 0 | 121.65M | 0 | 0 | 120.59M | 165.45M | 215.34M |
| Total Liabilities | 3K | 3K | 3K | 4.13B | 4.54B | 8.25B | 9.72B | 9.79B | 8.2B | 6.45B |
| Total Debt | 1.89B | 2.1B | 2.57B | 3.93B | 4.12B | 7.92B | 9.34B | 9.18B | 437.85M | 6.13B |
| Net Debt | 1.81B | 2.03B | 2.49B | 3.81B | 3.94B | 7.64B | 9.12B | 8.86B | 294.04M | 5.93B |
| Long-Term Debt | 890.88M | 1.78B | 1.82B | 3.01B | 3.12B | 5.81B | 8.34B | 8.51B | 0 | 6.01B |
| Short-Term Borrowings | 0 | 247.07M | 288.85M | 922.29M | 999.47M | 2.11B | 996.56M | 649.98M | 437.85M | 135.21M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 3.67M | 3M | 1.78M | 8.21M | 0 | 8.51M |
| Total Current Liabilities | 632K | 18.51M | 19.97M | 0 | 70.43M | 0 | 0 | 433.83M | 437.85M | 135.21M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 2.05B | 1.97B | 2.47B | 0 | 0 | 286K | 0 | 313.06M | 0 | 0 |
| Other Liabilities | 1.12B | 156.33M | 609.6M | -3.03B | 1.42B | -5.82B | -8.37B | 615.26M | 7.76B | 294.48M |
| Total Equity | 4.02B▲ 0% | 4.22B▲ 5.0% | 5.26B▲ 24.5% | 844.78M▼ 83.9% | 834.21M▼ 1.3% | 1.29B▲ 54.5% | 1.9B▲ 47.3% | 2.65B▲ 39.4% | 1.94B▼ 26.9% | 1.88B▲ 0% |
| Equity Growth % | 737.93% | 4.98% | 24.53% | -83.94% | -1.25% | 54.51% | 47.3% | 39.41% | -26.86% | -84.08% |
| Shareholders Equity | 2.61B | 2.52B | 3.04B | 825.41M | 815.4M | 1.28B | 1.8B | 2.55B | 1.84B | 1.78B |
| Minority Interest | 1.42B | 1.7B | 2.22B | 19.37M | 18.81M | 4.49M | 99.15M | 98.46M | 97.7M | 100.53M |
| Common Stock | 3K | 3K | 0 | 5K | 5K | 8K | 11K | 17K | 17K | 17K |
| Additional Paid-in Capital | 513.29M | 539.46M | 540.48M | 822.84M | 849.54M | 1.16B | 1.68B | 2.32B | 2.25B | 2.26B |
| Retained Earnings | 513.1M | 536.07M | 544.83M | 8.75M | -24.2M | 8.6M | 4.99M | 124.41M | -505.09M | -569.71M |
| Preferred Stock | 0 | 0 | 5.27M | 0 | 0 | 119.74M | 119.74M | 119.74M | 119.74M | 119.74M |
| Return on Assets (ROA) | 2.64% | 1.86% | 4.17% | 2.36% | 0% | 1.99% | 1.75% | 2.82% | -3.93% | -1.82% |
| Return on Equity (ROE) | 2.9% | 1.16% | 1.33% | 2.11% | 0.01% | 14% | 11.59% | 14.94% | -19.37% | -8.07% |
| Debt / Assets | 72.62% | 83.28% | 526.72% | 78.97% | 76.77% | 83.06% | 80.35% | 73.78% | 4.32% | 73.53% |
| Debt / Equity | 0.47x | 0.50x | 0.49x | 4.65x | 4.94x | 6.14x | 4.92x | 3.47x | 0.23x | 0.23x |
| Net Debt / EBITDA | 15.71x | 8.56x | 9.53x | 21.29x | 16.55x | 17.88x | 354.61x | 9.84x | - | -14.19x |
| Book Value per Share | 146.76 | 131.84 | 163.70 | 17.16 | 15.50 | 18.77 | 16.20 | 17.82 | 11.45 | 11.23 |
Ready Capital Corporation (RCB) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -10.23M | -20.14M | -21.45M | -50.45M | -7.03M | -77.51M | 3.35B | 33.07M | -51.22M | -51.22M |
| Operating CF Growth % | -137.06% | -96.95% | -6.52% | -135.13% | 86.06% | -1002.22% | 4422% | -99.01% | -254.89% | -22853.28% |
| Operating CF / Revenue % | -5.78% | -7.19% | -6.99% | -12.91% | -1.11% | -11.1% | 829.1% | 7.75% | -5.65% | -21.32% |
| Net Income | 51.33M | 43.23M | 59.04M | 72.31M | 43.48M | 148.65M | 184.7M | 341M | -418.49M | -151.91M |
| Depreciation & Amortization | 5.66M | 4.64M | 5.06M | 6.25M | 10.83M | 16.01M | 25.07M | 20.23M | 19.77M | 36.03M |
| Stock-Based Compensation | 0 | 290K | 447K | 1.48M | 5.3M | 0 | 0 | 0 | 0 | 1.59M |
| Other Non-Cash Items | -39.88M | -88.86M | -60.91M | -133.71M | -154.95M | -224.92M | 3.17B | -195.18M | 482.28M | 244.76M |
| Working Capital Changes | -25.59M | 20.28M | -12.58M | -15.17M | 71.9M | -17.25M | -28.29M | -132.97M | -134.79M | -128.82M |
| Cash from Investing | 409.68M | 136.9M | -419.01M | -1.21B | 16.48M | -1.68B | -4.55B | 1.04B | 1.86B | 2.43B |
| Acquisitions (Net) | 34.93M | 0 | 0 | -5M | 0 | -11.54M | 123.71M | 38.71M | -44.37M | 800K |
| Purchase of Investments | -1.59B | -908.19M | -74.88M | -36.37M | 0 | -59.71M | -139.21M | -37.79M | -34.65M | -18.67M |
| Sale of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 3M |
| Other Investing | -2.32M | -1.1M | -555K | -1.22B | -18.2M | -3.68B | -4.78B | 942.95M | 1.86B | 2.39B |
| Cash from Financing | -381.46M | -106.5M | 444.48M | 1.3B | 63.05M | 1.88B | 1.17B | -1.09B | -1.88B | -2.35B |
| Dividends Paid | -46.87M | -48.32M | -51.32M | -63.33M | -56.88M | -111.92M | -187.83M | -215.09M | -206.06M | -135.32M |
| Common Dividends | -46.87M | -48.26M | -51.32M | -63.33M | -56.88M | 0 | 0 | 0 | 0 | -22.83M |
| Debt Issuance (Net) | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -4M |
| Share Repurchases | -130K | 0 | -103K | 2K | -10.52M | -98.24M | -36.97M | -18.11M | -82.25M | -108.78M |
| Other Financing | -1K | -16.95M | -8.92M | -29.41M | -13.19M | -12.65M | -29.13M | 35.27M | -41.89M | -66.55M |
| Net Change in Cash | 38.19M▲ 0% | -4.67M▼ 112.2% | 8.24M▲ 276.5% | 36.33M▲ 341.1% | 67.02M▲ 84.5% | 94.43M▲ 40.9% | -62.13M▼ 165.8% | -50.37M▲ 18.9% | 5.77M▲ 111.5% | -20.65M▲ 0% |
| Exchange Rate Effect | -1000K | 0 | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 3.28M |
| Cash at Beginning | 41.57M | 79.76M | 75.09M | 83.33M | 119.66M | 186.67M | 281.1M | 218.97M | 168.59M | 222.48M |
| Cash at End | 79.76M | 75.09M | 83.33M | 119.66M | 186.67M | 281.1M | 218.97M | 168.59M | 174.36M | 194.5M |
| Free Cash Flow | -10.23M▲ 0% | -20.14M▼ 96.9% | -21.82M▼ 8.3% | -51.34M▼ 135.3% | -7.03M▲ 86.3% | -77.51M▼ 1002.2% | 3.35B▲ 4422.0% | 33.07M▼ 99.0% | -51.22M▼ 254.9% | -139.83M▲ 0% |
| FCF Growth % | -137.06% | -96.95% | -8.32% | -135.33% | 86.3% | -1002.22% | 4422% | -99.01% | -254.89% | -177.08% |
| FCF / Revenue % | -5.78% | -7.19% | -7.11% | -13.14% | -1.11% | -11.1% | 829.1% | 7.75% | -5.65% | -58.2% |
Ready Capital Corporation (RCB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 6.38 | 8.73 | 9.91 | 4.82 | 0.2 | 2.4 | 1.79 | 2.42 | -2.51 | -0.69 |
| FFO Payout Ratio | 26.8% | 17.24% | 16.11% | 26.7% | 522.63% | 67.97% | 89.54% | 59.8% | 0% | -19.7% |
| NOI Margin | 87.35% | 74.22% | 80% | 75.23% | 69.31% | 76.78% | 74.01% | 77.67% | 88.06% | 151.78% |
| Net Debt / EBITDA | 15.71x | 8.56x | 9.53x | 21.29x | 16.55x | 17.88x | 354.61x | 9.84x | - | -14.19x |
| Debt / Assets | 72.62% | 83.28% | 526.72% | 78.97% | 76.77% | 83.06% | 80.35% | 73.78% | 4.32% | 73.53% |
| Interest Coverage | - | - | - | 0.04x | 1294.08x | - | 1.60x | 1.23x | - | - |
| Book Value / Share | 146.76 | 131.84 | 163.7 | 17.16 | 15.5 | 18.77 | 16.2 | 17.82 | 11.45 | 11.23 |
| Revenue Growth | 4.92% | 58.31% | 9.48% | 27.4% | 62.48% | 9.92% | -42.11% | 5.58% | 112.63% | -48.98% |
Ready Capital Corporation (RCB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 24, 2026·SEC
Feb 26, 2026·SEC
Nov 6, 2025·SEC
Ready Capital Corporation (RCB) stock FAQ — growth, dividends, profitability & financials explained
Ready Capital Corporation (RCB) reported $240.3M in revenue for fiscal year 2024. This represents a 97% decrease from $9.40B in 2012.
Ready Capital Corporation (RCB) grew revenue by 112.6% over the past year. This is strong growth.
Ready Capital Corporation (RCB) reported a net loss of $151.9M for fiscal year 2024.
Yes, Ready Capital Corporation (RCB) pays a dividend with a yield of 4.81%. This makes it attractive for income-focused investors.
Ready Capital Corporation (RCB) has a return on equity (ROE) of -19.4%. Negative ROE indicates the company is unprofitable.
Ready Capital Corporation (RCB) generated Funds From Operations (FFO) of $-115.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Ready Capital Corporation (RCB) offers a 4.81% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
Ready Capital Corporation (RCB) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates