Ready Capital Corp.
- RC · NYSE
- Real Estate Investment Trusts
- New York, NY
- 442 employees
- CIK 0001527590
Updated from SEC filings through
Top things to know
Executives
- Thomas E. Capasse Chairman of the Board, Chief Executive Officer and Chief Investment Officer 10-K, 2026-03-02
- Andrew Ahlborn Chief Financial Officer 4, 2026-06-02
- Dominick Scali Chief Credit Officer 4, 2026-03-17
- Jack J. Ross President and a member of our Board 10-K, 2026-03-02
- Dominick D. Scali Chief Credit Officer DEF 14A, 2026-06-01
What leadership is saying
“Following the scheduled repayment of our November notes, we will have retired all of our 2026 corporate maturities, a milestone which drove the Company's activities over the last year”
Earnings press release (8-K Ex. 99.1), filed November 5, 2026
Ready Capital Corp is a U.S. public company in real estate investment trusts (SIC 6798), headquartered in New York, NY. It trades as RC on NYSE. Revenue was $569M in the fiscal year ending December 31, 2025, -36.5% from the year before. It reported about 442 employees. Thomas E. Capasse is Chairman of the Board, Chief Executive Officer and Chief Investment Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $569M 10-K, 2026-03-02 | $897M 10-K, 2026-03-02 | $946M 10-K, 2026-03-02 | $663M 10-K/A, 2025-09-30 | $395M 10-K, 2024-02-28 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | -$221M 10-K, 2026-03-02 | -$430M 10-K, 2026-03-02 | $348M 10-K, 2026-03-02 | $203M 10-K/A, 2025-09-30 | $160M 10-K, 2024-02-28 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Thomas E. Capasse | Chairman of the Board, Chief Executive Officer and Chief Investment Officer | 10-K, 2026-03-02 |
| Andrew Ahlborn Chief Financial Officer | Chief Financial Officer | 4, 2026-06-02 |
| Dominick D. Scali | Named in proxy bio: Chief Credit Officer | DEF 14A, 2026-06-01 |
| Dominick Scali | Chief Credit Officer | 4, 2026-03-17 |
| Jack J. Ross | President and a member of our Board | 10-K, 2026-03-02 |
| Dominique Mielle | Board member (per proxy) bio: Independent Director | DEF 14A, 2026-06-01 |
| MEREDITH MARSHALL | Board member (per proxy) bio: Independent Director | DEF 14A, 2026-06-01 |
What Ready Capital Corp does
We are a multi-strategy real estate finance company that originates, acquires, finances, and services LMM loans, SBA loans, construction loans, USDA loans and, to a lesser extent, MBS collateralized primarily by LMM loans, or other real estate-related investments. Our loans range in original principal amounts generally up to $40 million and are used by businesses to purchase real estate used in their operations or by investors seeking to acquire multi-family, office, retail, mixed use or warehouse properties. Our objective is to provide attractive risk-adjusted returns to our stockholders.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 160.2 million (as of November 5, 2026) | 10-Q, November 6, 2026 |
|---|---|---|
| Public float | $695M (as of March 31, 2025) | 10-K/A, April 30, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 6, 2026 |
| Latest proxy statement | Meeting July 17, 2026 (filed June 1, 2026) | DEF 14A, June 1, 2026 |
| Auditor | Deloitte & Touche LLP (New York, New York) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| May 29, 2026 | Andrew Ahlborn Chief Financial Officer | Sale | 2,799 | $5K | Form 4, June 2, 2026 |
| May 29, 2026 | Andrew Ahlborn Chief Financial Officer | Buy | 4,099 | $10K | Form 4, June 2, 2026 |
| March 6, 2026 | Gilbert E. Nathan Director | Buy | 40,000 | $79K | Form 4, March 9, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-28
- Item 8.01 Other events
- 8-K filed 2026-09-23
- Item 3.03 Material modification to rights of security holders
- 8-K filed 2026-09-18
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-08-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-23
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-24
- Item 8.01 Other events
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-06
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Ready Capital Corp
- What does Ready Capital Corp do?
- In its own words, from Item 1 of its 10-K: "We are a multi-strategy real estate finance company that originates, acquires, finances, and services LMM loans, SBA loans, construction loans, USDA loans and, to a lesser extent, MBS collateralized primarily by LMM loans, or other real estate-related investments. Our loans range in original principal amounts generally up to $40 million and are used by businesses to purchase real estate used in their operations or by investors seeking to acquire multi-family, office, retail, mixed use or warehouse properties. Our objective is to provide attractive risk-adjusted returns to our stockholders."
- What is Ready Capital Corp's revenue?
- $569M for the fiscal year ending December 31, 2025, from its 10-K filed March 2, 2026.
- Is Ready Capital Corp profitable?
- Ready Capital Corp reported net income of -$221M for the fiscal year ending December 31, 2025.
- How many employees does Ready Capital Corp have?
- About 442 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Ready Capital Corp?
- Thomas E. Capasse, Chairman of the Board, Chief Executive Officer and Chief Investment Officer, as named in a 10-K filed March 2, 2026.
- Who is the CFO of Ready Capital Corp?
- Andrew Ahlborn, Chief Financial Officer, as named in a 4 filed June 2, 2026.
- Where is Ready Capital Corp headquartered?
- New York, NY.
- What is Ready Capital Corp's stock ticker?
- RC, RCD, RC-PC, RC-PE on NYSE.
- What industry is Ready Capital Corp in?
- Real Estate Investment Trusts, SIC code 6798.
- What is Ready Capital Corp's website?
- readycapital.com.
- When does Ready Capital Corp report earnings next?
- February 4, 2027. Source: estimate_8k_pattern.
- Is Ready Capital Corp a public company?
- Yes. Ready Capital Corp files with the SEC under CIK 0001527590 and trades as RC.
- Who audits Ready Capital Corp?
- Deloitte & Touche LLP, New York, New York, as named in its latest annual report (10-K).
- How many shares of Ready Capital Corp are outstanding?
- 160.2 million shares as of November 5, 2026, from its 10-Q filed November 6, 2026.
- What is Ready Capital Corp's public float?
- $695M as of March 31, 2025, as reported on the cover of its 10-K/A filed April 30, 2026.
- How many business segments does Ready Capital Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 6, 2026.
- When is Ready Capital Corp's annual shareholder meeting?
- July 17, 2026, per its proxy statement (DEF 14A) filed June 1, 2026.
- Have Ready Capital Corp insiders traded stock recently?
- Since March 6, 2026, officers and directors reported 1 open-market sale worth about $5K and 2 purchases worth about $89K on Forms 4 and 5. The most recent: Andrew Ahlborn (Chief Financial Officer) sold 2,799 shares on May 29, 2026.