Ladder Capital Corp reported GAAP income before taxes of $29.3 million and diluted EPS of $0.22 for the quarter ended December 31, 2021. Distributable earnings were $27.7 million, or $0.21 of distributable EPS. The company is well-positioned to benefit from the expected higher interest rate environment.
GAAP income before taxes for Q4 2021 was $29.3 million.
Diluted earnings per share (EPS) was $0.22 for Q4 2021.
Distributable earnings were $27.7 million, or $0.21 of distributable EPS.
Originated $1.3 billion in loans.
Company is well positioned to benefit from the expected higher interest rate environment, with liability structure anchored by fixed rate unsecured corporate bonds.
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