Business
Ladder Capital Corp Reports Results for the Quarter Ended March 31, 2026
NEW YORK, April 23, 2026--Ladder Capital Corp (NYSE: LADR) ("we," "our," "Ladder," or the "Company") today announced operating results for the quarter ended March 31, 2026. For the three months ended March 31, 2026, GAAP income before taxes was $3.2 million, or $0.02 of diluted earnings per share ("EPS"), and distributable earnings was $28.0 million, or $0.22 of distributable EPS.
About this update from Ladder Capital Corp
[{"type":"text","content":"NEW YORK, April 23, 2026--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) ("we," "our," "Ladder," or the "Company") today announced operating results for the quarter ended March 31, 2026. For the three months ended March 31, 2026, GAAP income before taxes was $3.2 million, or $0.02 of diluted earnings per share ("EPS"), and distributable earnings was $28.0 million, or $0.22 of distributable EPS.","length":450,"tagName":"p"},{"type":"text","content":""Ladder had a strong start to 2026, growing our loan portfolio and further strengthening our financing structure and liquidity profile. During the first quarter, we produced our highest quarterly loan origination volume in four years, as we continue to see attractive opportunities. With a strong asset base, robust liquidity, and access to investment grade capital markets, we are well-positioned to continue growing our balance sheet and earnings," said Brian Harris, Ladder’s Chief Executive Officer.","length":513,"tagName":"p"},{"type":"text","content":"On April 21, 2026, the board of directors authorized the repurchase of $100.0 million of the Company’s Class A common stock from time to time without further approval. This authorization increased the remaining outstanding authorization per the April 23, 2025 authorization from $77.2 million to $100.0 million.","length":311,"tagName":"p"},{"type":"text","content":"Supplemental","length":12,"tagName":"p"},{"type":"text","content":"The Company issued a supplemental presentation detailing its first quarter 2026 operating results, which can be viewed at http://ir.laddercapital.com.","length":150,"tagName":"p"},{"type":"text","content":"Conference Call and Webcast","length":27,"tagName":"p"},{"type":"text","content":"We will host a conference call on Thursday, April 23, 2026 at 10:00 a.m. Eastern Time to discuss first quarter 2026 results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked to identify themselves and their affiliations. For those unable to participate, an audio replay will be available until midnight on Thursday, May 7, 2026. To access the replay, please call (844) 512-2921 domestic or (412) 317-6671 international, access code 13759881. The conference call will also be webca...