Ready Capital Corp. Files Q1 2025 10-Q

Ticker: RC-PE · Form: 10-Q · Filed: May 9, 2025 · CIK: 1527590

Ready Capital Corp 10-Q Filing Summary
FieldDetail
CompanyReady Capital Corp (RC-PE)
Form Type10-Q
Filed DateMay 9, 2025
Risk Levelmedium
Sentimentneutral

Sentiment: neutral

Topics: 10-Q, real-estate, REIT, financials

TL;DR

**Ready Capital Q1 2025 10-Q is in! Check financials for common/preferred stock & senior notes.**

AI Summary

Ready Capital Corp. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial instruments and segments are reported, including common stock, preferred stock series, and various senior notes.

Why It Matters

This filing provides investors with a quarterly update on Ready Capital Corp.'s financial health and strategic positioning, crucial for investment decisions.

Risk Assessment

Risk Level: medium — As a real estate investment trust, Ready Capital Corp. is subject to market fluctuations and interest rate risks inherent in the real estate and financial sectors.

Key Numbers

  • 2025 Q1 — Reporting Period (Indicates the first quarter of 2025 financial data.)
  • 12-31 — Fiscal Year End (Specifies the company's fiscal year concludes on December 31st.)

Key Players & Entities

  • Ready Capital Corp. (company) — Filer of the 10-Q
  • 20250331 (date) — Period of report
  • 20250509 (date) — Filing date
  • 1251 AVENUE OF THE AMERICAS (address) — Company business and mail address
  • New York (location) — Company business and mail city
  • Sutherland Asset Management Corp (company) — Former company name
  • ZAIS Financial Corp. (company) — Former company name

FAQ

What is the primary business of Ready Capital Corp. according to the SIC code?

Ready Capital Corp. is classified under SIC code 6798, indicating its business is in Real Estate Investment Trusts.

What is the filing date of this 10-Q report?

This 10-Q report was filed on May 9, 2025.

What is the period of report for this 10-Q filing?

The period of report for this 10-Q filing is March 31, 2025.

What are some of the financial instruments mentioned in the filing?

The filing mentions common stock, Series C Preferred Stock, Series E Preferred Stock, A6.20 Senior Notes Due 2026, and A5.75 Senior Notes Due 2026.

Has Ready Capital Corp. had previous names?

Yes, Ready Capital Corp. was formerly known as Sutherland Asset Management Corp. and prior to that, ZAIS Financial Corp.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on May 9, 2025 regarding Ready Capital Corp (RC-PE).

View full filing on EDGAR

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View this 10-Q filing on SEC EDGAR

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