Quarterly ResultJul 23, 2026, 08:37 AM
Ladder Capital Q2 GAAP Income $16.3M, EPS $0.12; Distributable EPS $0.24
AI Summary
Ladder Capital Corp reported its second quarter 2026 financial results, with GAAP income before taxes of $16.3 million and diluted EPS of $0.12. The company achieved distributable earnings of $30.8 million, translating to $0.24 in distributable EPS. Management highlighted a strong quarter, driven by growth in its loan portfolio and stable book value, while maintaining a focus on delivering strong total returns to shareholders.
Key Highlights
- GAAP income before taxes was $16.3 million for Q2 2026.
- Diluted earnings per share (EPS) was $0.12 for Q2 2026.
- Distributable earnings reached $30.8 million for Q2 2026.
- Distributable EPS was $0.24 for Q2 2026.
- Mortgage loan receivables held for investment increased to $2.79 billion as of June 30, 2026.
- Total assets grew to $5.61 billion as of June 30, 2026.
- After-tax distributable ROAE was 8.3% for Q2 2026, up from 7.5% in Q1 2026.
- Dividends per share of Class A common stock were $0.23.
Price Impact
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