Ladder Capital Corp Reports Results for the Quarter Ended September 30, 2026
Ladder Capital reported Q3 2026 GAAP income before taxes of $67.3 million, or $0.53 diluted EPS, with distributable earnings of $44.7 million, or $0.35 per share. Distributable EPS prior to the $3.5 million credit-loss charge-off was $0.38, up sharply from $0.24 in the prior quarter, aided by a $65.6 million GAAP gain on the sale of a net lease office asset. The company deployed over $700 million into new loans and securities and grew book value, with after-tax distributable ROAE of 12.1% versus 8.3% last quarter.
Key figures
- Eps
- 0.53
- Net income
- 65886000
- Total assets
- 6044678000
- Total equity
- 1460608000
- Pre tax income
- 67336000
- Distributable eps
- 0.35
- Dividend per share
- 0.23
- Charge off allowance
- 3500000
- Distributable earnings
- 44667000
- Gain on real estate sale
- 65627000
- After tax distributable roae
- 12.1%
- New loan and securities investments
- $700 million
- Distributable eps prior to charge off
- 0.38
AI analysis
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