Ready Capital (RC) Loans - Net (2019 - 2025)
Ready Capital's (RC) quarterly Loans - Net came in at $5.2 billion in Q4 2025, down 37.48% year-on-year from $8.3 billion in Q4 2024, and down 17.77% quarter-over-quarter from $6.3 billion in Q3 2025.
Ready Capital (RC) Loans - Net (2019 - 2025) Analysis & Trends
Ready Capital's Loans - Net history runs 5 years deep, the most recent figure standing at $5.2 billion for Q4 2025.
- On a quarterly basis, Loans - Net fell 37.48% year-over-year to $5.2 billion in Q4 2025; TTM through Dec 2025 was $5.2 billion, a 37.48% decrease from a year earlier, with the FY2025 full-year figure at $5.2 billion, down 37.48% from the prior year.
- Loans - Net fell to $5.2 billion in Q4 2025 per RC's latest filing, from $6.3 billion in the prior quarter.
- Across five years, Loans - Net topped out at $10.6 billion in Q4 2023 and bottomed at $5.2 billion in Q4 2025.
- The 3-year median for Loans - Net is $7.7 billion (2025), against an average of $7.8 billion.
- Across the five-year window, Loans - Net retreated 21.85% in 2024 and plunged 37.48% in 2025, its largest moves.
- Year by year, Loans - Net stood at $10.6 billion in 2023, then retreated by 21.85% to $8.3 billion in 2024, then tumbled by 37.48% to $5.2 billion in 2025.
- Per Business Quant, the three latest RC Loans - Net figures stand at $5.2 billion (Q4 2025), $6.3 billion (Q3 2025), and $7.2 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 7.23 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | Ready Capital | 243.87 Mn | 243.87 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.19 Bn |
| Dec 31, 2025 | 5.19 Bn |
| Sep 30, 2025 | 6.32 Bn |
| Sep 30, 2025 | 6.32 Bn |
| Jun 30, 2025 | 7.18 Bn |
| Jun 30, 2025 | 7.18 Bn |
| Mar 31, 2025 | 7.69 Bn |
| Mar 31, 2025 | 7.69 Bn |
| Dec 31, 2024 | 8.31 Bn |
| Dec 31, 2024 | 8.31 Bn |
| Sep 30, 2024 | 9.06 Bn |
| Sep 30, 2024 | 9.06 Bn |
| Dec 31, 2023 | 10.63 Bn |
| Dec 31, 2023 | 10.63 Bn |
| Dec 31, 2020 | 4.44 Bn |
| Dec 31, 2020 | 4.44 Bn |
| Dec 31, 2019 | 4.25 Bn |
| Dec 31, 2019 | 4.25 Bn |