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Ready Capital reports Q2 distributable EPS 19c, consensus 24c

“The second quarter results are reflective of our cumulative efforts to cycle out of underperforming assets and into market yielding investments,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer. “These efforts, along with improving credit metrics across the loan portfolio and record growth in our Small Business Lending business, position the Company to improve earnings moving into year end.”

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