Ladder Capital Corp announced its first quarter 2025 operating results, reporting GAAP income before taxes of $10.7 million and diluted earnings per share of $0.09. The company's distributable earnings were $25.5 million, or $0.20 per distributable EPS. The board also authorized a $100.0 million share repurchase program.
GAAP income before taxes for Q1 2025 was $10.7 million.
Diluted earnings per share (EPS) for Q1 2025 was $0.09.
Distributable earnings for Q1 2025 were $25.5 million, or $0.20 per distributable EPS.
The board of directors authorized a $100.0 million share repurchase program, increasing the total authorization to $100.0 million.
The company's forward-looking statements indicate continued momentum in origination efforts and a strong liquidity position, but also acknowledge inherent risks and uncertainties.
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