Ladder Capital Corp (LADR) Form 10-Q — Oct 23, 2026
Ladder Capital (LADR) reported Q3 2026 net income of $65.9 million, or $0.53 per diluted share, up sharply from $19.2 million and $0.15 per share in Q3 2025. The surge was driven primarily by a one-time $65.6 million gain on the sale of a single real estate property, with $166.3 million of total real estate sales in the quarter, alongside a $161.0 million net increase in its commercial mortgage loan portfolio. Nine-month net income rose 74% to $83.0 million from $47.8 million, the company declared $0.23 quarterly dividends consistently, and had $83.8 million remaining under its $100 million buyback authorization at quarter-end.
Key figures
- Eps
- 0.53
- Net Income
- 65886000
- Total Debt
- 4346438000
- Total Assets
- 6044678000
- Cash Position
- 41776000
- Shares Outstanding
- 125992003
- Q3 2025 eps
- 0.15
- Weighted avg ltv
- 68.5%
- Unencumbered assets
- 4.5 billion
- Real estate sales q3
- 166300000
- Gain on real estate q3
- 65627000
- Net interest income q3
- 28830000
- Senior unsecured notes
- 2.2 billion
- Cmbs portfolio fair value
- 2.3 billion
- Nine month net income 2025
- 47834000
- Nine month net income 2026
- 83049000
- Balance sheet loans book value
- 2.9 billion
- Dividends declared per share 9m
- 0.69
- Remaining buyback authorization
- 83800000
AI analysis
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