Ladder Capital Corp reported GAAP income before taxes of $31.3 million and diluted earnings per share of $0.23 for the quarter ended September 30, 2022. Distributable earnings were $34.3 million, or $0.27 of distributable EPS. The company maintains a strong liquidity position with moderate leverage.
Reported GAAP income before taxes of $31.3 million for the quarter ended September 30, 2022.
Diluted earnings per share (EPS) was $0.23.
Distributable earnings was $34.3 million, or $0.27 of distributable EPS.
Company maintains a strong liquidity position with moderate leverage.
The company is pleased to report continued positive momentum in net interest income along with strong dividend coverage this quarter and they maintain a strong liquidity position with moderate leverage.
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