Ready Capital Corp. (RC) Tops Q3 EPS by 6c

Go back to Ready Capital Corp. (RC) Tops Q3 EPS by 6c

Ready Capital Corporation Announces Third Quarter 2018 Results

November 7, 2018 4:15 PM EST

NEW YORK, Nov. 7, 2018 /PRNewswire/ -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) today reported financial results for the quarter ended September 30, 2018.   

Third Quarter Highlights:

Net income of $17.6 million, or $0.53 per share of common stock Core earnings of $16.1 million, or $0.48 per share of common stock, up 26% compared to the same quarter last year Return on Equity of 12.4% Adjusted net book value of $17.08 per share of common stock as of September 30, 2018 Originated $291.2 million of small balance commercial ("SBC") loans... More