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Ready Capital Corporation Announces First Quarter 2021 Results


Ready Capital Corporation Announces First Quarter 2021 Results
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NEW YORK, May 6, 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 March 31, 2021. Ready Capital reported U.S. GAAP Net income for the three months ended March 31, 2021, of $28.9 million, or $0.49 per share of common stock, and Distributable Earnings (a non-GAAP financial measure) of $24.7 million, or $0.41 per share of common stock.
First Quarter Results:
Distributable Earnings of $24.7 million, or $0.41 per diluted share of common stock ....

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