Ladder Capital Corp (LADR) Form 8-K — Apr 23, 2026
Ladder Capital Corp reported first quarter 2026 GAAP net income of $2.6 million, or $0.02 per share, a significant decrease from $15.9 million, or $0.13 per share, in the prior year. However, distributable earnings, a non-GAAP measure used by the company to assess performance and dividend capacity, increased to $28.0 million, or $0.22 per share, up from $0.17 per share a year ago. The board of directors authorized the repurchase of $100.0 million of the company's Class A common stock, effectively increasing the remaining authorization from the prior program's $77.2 million.
Key figures
- Eps
- 0.02
- Net Income
- 2,603,000
- Total Debt
- 4,027,581,000
- Cash Position
- 33,057,000
- Shares Outstanding
- 127,668,084
- Distributable EPS
- 0.22
- Distributable Earnings
- 28,006,000
Price after filing
Close on the filing date to close N calendar days later (from $10.45). Historical, not a forecast.
AI analysis
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