Ladder Capital Corp Reports Second Quarter 2026 Results
Ladder Capital Corp reported its financial results for the quarter ended June 30, 2026. The company announced a GAAP income before taxes of $16.3 million, or $0.12 of diluted earnings per share (EPS), and distributable earnings of $30.8 million, or $0.24 of distributable EPS. The CEO, Brian Harris, highlighted a strong second quarter with growth in the loan portfolio and distributable earnings, alongside stable book value and a focus on total shareholder returns. The company also issued a supplemental presentation and an updated investor presentation detailing these results, available on their website. A conference call was held on July 23, 2026, to discuss the results. Ladder Capital Corp, an investment grade REIT, focuses on originating first mortgage loans and also engages in real estate ownership and securities investment. The company reported total assets of $5.606 billion and total liabilities of $4.180 billion as of June 30, 2026. Net income attributable to Class A common shareholders was $14.561 million for the quarter.