Quarterly ResultApr 27, 2026, 06:08 AM
LADR Q1 Net Income $2.6M, down 77.9%; EPS $0.02
AI Summary
Ladder Capital Corp reported a significant decrease in net income attributable to Class A common shareholders for Q1 2026, falling to $2.6 million from $11.8 million in Q1 2025. Basic EPS also declined to $0.02 from $0.09 year-over-year. Despite this, the company saw an increase in net interest income by 13.2% to $23.0 million and real estate operating income by 25.3% to $27.3 million. Total assets grew to $5.61 billion, while total equity decreased to $1.44 billion.
Key Highlights
- Net income attributable to Class A common shareholders decreased 77.9% to $2.6 million.
- Basic earnings per share fell 77.8% to $0.02.
- Net interest income increased 13.2% to $23.0 million.
- Real estate operating income rose 25.3% to $27.3 million.
- Total assets increased 8.8% to $5.61 billion from December 31, 2025.
- Mortgage loan receivables held for investment grew 17.5% to $2.61 billion.
- Cash, cash equivalents and restricted cash at period end was $51.6 million, down from $533.3 million YoY.
Price Impact
More from LADR