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Sep 30, 2023
Ladder Capital Q3 2023 Earnings Report
Ladder Capital Corp reported strong distributable earnings and solid financial performance for Q3 2023.
Key Takeaways
Ladder Capital Corp reported GAAP income before taxes of $34.3 million and diluted EPS of $0.25 for the quarter ended September 30, 2023. Distributable earnings were $39.0 million, or $0.31 of distributable EPS. The company's strong performance was attributed to its substantial long-term, fixed-rate liabilities.
GAAP income before taxes was $34.3 million.
Diluted earnings per share (EPS) was $0.25.
Distributable earnings reached $39.0 million.
Distributable EPS was $0.31.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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