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Ladder Capital Corp reported GAAP income before taxes of $23.9 million and diluted earnings per share of $0.18 for the quarter ended March 31, 2023. Distributable earnings were $47.2 million, or $0.38 of distributable EPS.
Ladder Capital reported strong earnings and credit performance.
Distributable earnings was $47.2 million, or $0.38 of distributable EPS.
GAAP income before taxes was $23.9 million.
Diluted earnings per share was $0.18.
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