Ladder Capital Corp (LADR) Form 8-K — Oct 16, 2026
Ladder Capital Corp (NYSE: LADR) reported Q3 2026 results with GAAP income before taxes of $67.3 million and diluted EPS of $0.53, alongside distributable earnings of $44.7 million, or $0.35 per share. Results improved sharply from Q2 2026, when GAAP diluted EPS was $0.12 and distributable EPS was $0.24. The quarter included a $65.6 million GAAP gain on the sale of a net lease office property and over $700 million of new loan and securities investments. CEO Brian Harris highlighted strong liquidity, book value growth, and a balance sheet positioned to benefit from higher rates.
Key figures
- Eps
- $0.53 diluted GAAP EPS; $0.35 distributable EPS
- Revenue
- 0
- Net Income
- $65.9 million net income attributable to Class A common shareholders ($65,886 thousand)
- Total Debt
- $4.35 billion debt obligations, net ($4,346,438 thousand)
- Total Assets
- $6.04 billion ($6,044,678 thousand)
- Cash Position
- $41.8 million cash and cash equivalents ($41,776 thousand)
- Shares Outstanding
- 125992003
- Dividends per share
- $0.23
- Allowance charge off
- $3.5 million
- Distributable earnings
- $44.7 million
- Gaap income before taxes
- $67.3 million
- Gain on real estate sale
- $65.6 million
- Q2 2026 gaap diluted eps
- $0.12
- Q2 2026 distributable eps
- $0.24
- After tax distributable roae
- 12.1%
- New loan and securities investments
- over $700 million
- Distributable eps prior to charge off
- $0.38
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.