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Ready Capital RC Gross loans

Gross loans at other companies

Starwood Property Trust logo
Starwood Property TrustSTWD
$19.82B+11.2%
NewtekOne, Inc. logo
NewtekOne, Inc.NEWT
$988.27M+39.0%
Primis Financial Corp. logo
Primis Financial Corp.FRST
$3.42B+10.9%
Seven Hills Realty Trust logo
Seven Hills Realty TrustSEVN
$719.63M+14.0%
FBR
Franklin BSP Realty TrustFBRT
$4.88M-99.9%
Ladder Capital logo
Ladder CapitalLADR
$2.79B+75.1%

Other financials

Income statement

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Revenue$77.4M-49.3%
Net income-$99.7M-85.7%
EPS (diluted)-$0.63-85.3%

Balance sheet

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Cash & equivalents$177.8M-20.1%
Total debt$1.3B-36.4%
Total equity$1.2B-32.2%
Total assets$6.3B-32.7%

Cash flow

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Operating cash flow$75.1M

Valuation

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Market cap$279.34M-61.2%
Enterprise value$1.4B-44.9%
P/S0.7×-0.3×

Profitability

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Net margin-130.6%-232pp

Returns & leverage

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Return on equity-35.8%-106pp
Debt / equity-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept us-gaap:NotesReceivableNet.

The source filing: Ready Capital’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054850
(in thousands) / June 30, 2026UPBCarrying Value by Year of Origination / 2026Carrying Value by Year of Origination / 2025Carrying Value by Year of Origination / 2024Carrying Value by Year of Origination / 2023Carrying Value by Year of Origination / 2022Carrying Value by Year of Origination / Pre 2022Total
Freddie Mac10,7822,5687,0161,37710,961
SBA - 7(a)1,538,86644,149288,099358,398201,332233,711351,0871,476,776
Other210,7793,07621,00515,9973,1044,992133,554181,728
Total Loans, net$4,630,957$47,225$370,839$683,900$295,849$1,163,312$1,756,280$4,317,405
Gross write-offs$—$1,184$6,250$3,398$30,538$16,382$57,752
UPB20252024202320222021Pre 2021Total
December 31, 2025
Bridge$2,941,656$86,350$295,040$186,723$1,126,875$1,089,802$73,669$2,858,459

Item 1. Financial Statements (Unaudited)

FAQ

What is Ready Capital's gross loans?
Ready Capital (RC) reported gross loans of $4.32B in Q2 2026.
How has Ready Capital's gross loans changed year-over-year?
Ready Capital's gross loans decreased by 39.9% year-over-year, from $7.18B to $4.32B.
What is the long-term trend for Ready Capital's gross loans?
Over 2 years (2023 to 2025), Ready Capital's gross loans has grown at a -30.1% compound annual growth rate (CAGR), from $10.63B to $5.19B.
What does gross loans mean?
Total loans outstanding before deducting the allowance for credit losses — the gross lending portfolio across all categories.

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