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

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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