Ladder Capital Corp

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.

Ladder Capital Corp reported its Q1 2026 operating results, with GAAP income before taxes of $3.2 million and diluted EPS of $0.02. The company achieved distributable earnings of $28.0 million, or $0.22 per distributable EPS. CEO Brian Harris highlighted a strong start to 2026, noting the highest quarterly loan origination volume in four years and strengthened financing and liquidity. Additionally, the board authorized a new $100.0 million share repurchase program.