Ready Capital reports first quarter 2026 results
GAAP loss per share was $1.25, and the company continues its balance sheet repositioning plan.
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Commercial real estate and small business lender
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In short: Ready Capital reported a $201.7 million Q1 2026 loss while executing a major balance sheet repositioning strategy and multiple SBA 7(a) loan closures.
GAAP loss per share was $1.25, and the company continues its balance sheet repositioning plan.
The company will report earnings after market close on May 7, 2026, and hold a conference call on May 8 at 8:30 AM ET.
The company completed the sale of 47 CRE loans totaling $943 million, collapsed two CLOs, and redeemed senior notes.
The Board declared a $0.01 per share common dividend and preferred dividends payable in April 2026.
On the call today are Chief Executive Officer, Mike Cecilia, and Chief Executive Officer, Clayton Magouyrk, and Chief financial officer, Hilary Barbara...
On May 29, 2026, Andrew Ahlborn, Chief Financial Officer of Ready Capital Corp, purchased 4,099 shares of the company, according to a SEC Filing. Following...
As we look forward, our liquidity plan contemplates an incremental $400 million liquidity from the sale and runoff of $2 billion to $2.5 billion of...
Ready Capital outlook: worsening CRE/SBA yields, negative margins, high fees, and rising delinquenci...
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