Ready Capital Corp. (RC) Tops Q4 EPS by 10c

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Go back to Ready Capital Corp. (RC) Tops Q4 EPS by 10c

Ready Capital Corporation Announces Fourth Quarter 2020 Results

March 11, 2021 4:15 PM EST

NEW YORK, March 11, 2021 /PRNewswire/ -- Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services small-to-medium balance commercial loans, today reported financial results for the quarter ended December 31, 2020. Ready Capital reported U.S. GAAP Net income for the three months ended December 31, 2020 of $27.6 million, or $0.49 per share of common stock, and Distributable Earnings (a non-GAAP financial measure) of $28.8 million, or $0.51 per share of common stock.

Fourth Quarter Results:

U.S. GAAP Net income of $27.6... More