•
Dec 31, 2023
Ready Capital Q4 2023 Earnings Report
Ready Capital reported results for Q4 2023, featuring distributable earnings per share of $0.26 and GAAP earnings per share of $0.12.
Key Takeaways
Ready Capital Corporation reported financial results for the quarter ended December 31, 2023. The company's total investments were $449 million, including $297 million of LMM originations and $152 million of U.S. Small Business Administration 7(a) loans. The company declared and paid a dividend of $0.30 per share in cash. Net book value was $14.10 per share of common stock as of December 31, 2023.
Total investments reached $449 million, encompassing $297 million in LMM originations and $152 million in SBA 7(a) loans.
A dividend of $0.30 per share was declared and distributed in cash.
Net book value stood at $14.10 per share of common stock as of December 31, 2023.
GAAP earnings per common share from continuing operations was $0.12.