Ready Capital Corporation 7.00% Price & Performance (RCA)

While major stock indices have advanced on recent positive economic signals, home lenders have notably missed out on the rally. Persistent concerns over high mortgage rates and reduced refinancing activity are weighing on sector sentiment, highlighting ongoing challenges for mortgage providers despite broader market optimism.12

Customers Bancorp reported first-quarter earnings per share of $1.54, beating analyst estimates by nearly 17%. However, revenue fell short of forecasts at $167.4 million. The bank’s shares rose modestly after hours, as investors weighed strong cost controls against lingering concerns about top-line growth.34

Amerant Bank’s first-quarter results show robust capital metrics, with a tangible common equity ratio of 8.69% and CET1 at 11.11%. The bank’s asset quality remains stable, and liquidity ratios have improved, signaling resilience even as the broader industry navigates persistent economic and regulatory challenges.56