Ladder Capital

Jul 29, 2021

•

Jun 30, 2021

Ladder Capital Q2 2021 Earnings Report

Ladder Capital reported net income and distributable earnings for Q2 2021, with significant new loan originations.

Key Takeaways

Ladder Capital Corp reported GAAP income before taxes of $10.1 million and diluted EPS of $0.08 for the quarter ended June 30, 2021. Distributable earnings were $13.4 million, or $0.10 per share. The company originated over $800 million in new loans and benefited from ample liquidity.

GAAP income before taxes for the three months ended June 30, 2021 was $10.1 million.

Diluted earnings per share (EPS) was $0.08.

Distributable earnings was $13.4 million, or $0.10 of distributable earnings per share.

Over $800 million of new originations during the quarter.

Total Revenue

$40.5M

Previous year: $24.6M