RC: Net loss and distributable loss per share widened in Q2 2026, with book value declining
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw a net loss of $0.63 per share and a distributable loss of $0.47 per share, with book value per share declining to $6.83. Non-performing CRE loans remain elevated, but capital and liquidity positions are stable. Dividend declared at $0.01 per share.Original document: Ready Capital Corporation [RC] Slides Release — Aug. 7 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw a net loss of $0.63 per share and a distributable loss of $0.47 per share, with book value per share declining to $6.83. Non-performing CRE loans remain elevated, but capital and liquidity positions are stable. Dividend declared at $0.01 per share.
Original document: Ready Capital Corporation [RC] Slides Release — Aug. 7 2026