Ladder Capital Corp (LADR) SEC Filings & Earnings Calls
EquiReason read 10 Ladder Capital Corp SEC filings in the last 12 months. Latest: 8-K on 2026-10-16 — Ladder Capital Corp reported Q3 2026 GAAP income before taxes of $67.3M ($0.53 diluted EPS) and distributable earnings of $44.7M ($0.35 per share). CEO highlighted strong quarter w.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
LADRLadder Capital CorpFollow LADR — free
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- Market cap
- 1.2B
- P/E TTM
- 22.2
- Dividend yield
- 9.9%
- 52-week
- —
- Next earnings
- 3 Feb, in 102 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
16 Oct 20268-K · 2.02Ladder Capital Corp reported Q3 2026 GAAP income before taxes of $67.3M ($0.53 diluted EPS) and distributable earnings of $44.7M ($0.35 per share). CEO highlighted strong quarter with over $700M new investments, book value growth, and gainearningsopen
Figures in the filing · each found in the filing text
| GAAP income before taxes · Q3-2026 | $67M | |
| diluted earnings per share · Q3-2026 | $0.53 | |
| distributable earnings · Q3-2026 | $45M | |
| distributable EPS · Q3-2026 | $0.35 | |
| distributable EPS prior to charge-off of allowance for credit losses · Q3-2026 | $0.38 | |
| total assets · Q3-2026 | $6.04B | +17% y/y |
| mortgage loan receivables held for investment, net · Q3-2026 | $2.91B | +34% y/y |
| securities · Q3-2026 | $2.28B | +9% y/y |
| real estate and related lease intangibles, net · Q3-2026 | $654M | -7% y/y |
| debt obligations, net · Q3-2026 | $4.35B | +24% y/y |
Risks flagged
Allowance for credit losses on mortgage loans receivable
“Allowance for credit losses $(43,566) on mortgage loans receivable”
27 Jul 202610-QLadder Capital Corp reported Q2 2026 net income of $14.6M, up from $2.6M in Q1 2026, with loan fundings of $491.7M and a $100M buyback authorization.earningsopen
Figures in the filing · each found in the filing text
| Net interest income · Q2-2026 | $23M | |
| Net income · Q2-2026 | $15M | |
| Loan fundings · Q2-2026 | $492M | |
| Dividends paid · H1-2026 | $59M | |
| Total debt · 2026-06-30 | $4.00B | |
| Operating cash flow · H1-2026 | $31M |
Risks flagged
Interest rate sensitivity
“The $4.4 million increase in interest expense was primarily attributable to an increase in usage of our Unsecured Corporate Revolver, our Term Loan Facility and our securities and loan repurchase facilities.” · word for word
Credit risk on loan portfolio
“Provision for (release of) loan loss reserves, net 122 (28) 150” · word for word
23 Jul 20268-K · 2.02Ladder Capital Corp reported Q2 2026 GAAP income before taxes of $16.3M ($0.12 diluted EPS) and distributable earnings of $30.8M ($0.24 distributable EPS). Loan portfolio grew, book value stable, multi-cylinder platform generating gains.earningsopen
Figures in the filing · each found in the filing text
| GAAP income before taxes · Q2-2026 | $16M | |
| Diluted EPS · Q2-2026 | $0.12 | |
| Distributable earnings · Q2-2026 | $31M | |
| Distributable EPS · Q2-2026 | $0.24 | |
| Total assets · Q2-2026 | $5.61B | +9% y/y |
| Mortgage loan receivables held for investment · Q2-2026 | $2.79B | +26% y/y |
| Book value per share · Q2-2026 | $11.26 |
Risks flagged
Allowance for credit losses remains elevated at $47.1M, though stable sequentially
“Allowance for credit losses $47,095 (in thousands) unchanged from prior period”
27 Apr 202610-QNet interest income $23M (+13% y/y); Interest income $74M (+15% y/y); Interest expense $51M (+16% y/y)open
Figures in the filing · each found in the filing text
| Net interest income · Q1-2026 | $23M | +13% y/y |
| Interest income · Q1-2026 | $74M | +15% y/y |
| Interest expense · Q1-2026 | $51M | +16% y/y |
| Net income · Q1-2026 | $3M | -78% y/y |
| Real estate operating income · Q1-2026 | $27M | +25% y/y |
| Total debt · Q1-2026 | $4.03B | |
| Loan fundings · Q1-2026 | $568M | +80% y/y |
| Dividends paid · Q1-2026 | $31M | -1% y/y |
Risks flagged
Interest rate sensitivity
“The $5.5 million increase in interest expense was primarily attributable to an increase in usage of our Unsecured Corporate Revolver and securities repurchase facilities.” · word for word
Credit risk from loan portfolio
“Provision for (release of) loan loss reserves, net (28) (3) (25)” · word for word
23 Apr 20268-K · 2.02Ladder Capital Corp reported Q1 2026 GAAP income before taxes $3.2M ($0.02 diluted EPS) and distributable earnings $28.0M ($0.22 distributable EPS). Also announced $100M buyback authorization increase.earningsopen
Figures in the filing · each found in the filing text
| GAAP income before taxes · Q1-2026 | $3M | |
| diluted EPS · Q1-2026 | $0.02 | |
| distributable earnings · Q1-2026 | $28M | |
| distributable EPS · Q1-2026 | $0.22 | |
| mortgage loan receivables held for investment, net · Q1-2026 | $2.61B | |
| securities · Q1-2026 | $2.07B | |
| real estate and related lease intangibles, net · Q1-2026 | $776M | |
| cash and cash equivalents · Q1-2026 | $33M | |
| restricted cash · Q1-2026 | $19M |
Risks flagged
Commercial real estate market conditions could impact loan portfolio performance.
“Risks discussed under the heading 'Risk Factors' in the Company’s Annual Report on Form 10-K” · word for word
21 Apr 2026DEF 14AAnnual proxy statement (DEF 14A) filed for the 2026 annual meeting of stockholders, detailing executive compensation, corporate governance, and proposals for director elections and auditor ratification.open
Figures in the filing · each found in the filing text
| Distributable Earnings · FY2025 | $110M | -29% y/y |
| Distributable EPS · FY2025 | $0.84 | -31% y/y |
| After-Tax Distributable ROAE · FY2025 | 7.1% | |
| Pre-Tax Distributable ROAE · FY2025 | 7.3% | |
| Loan Originations · FY2025 | $1.40B | |
| Adjusted Leverage Ratio · FY2025 | $1.60 | |
| Total Liquidity · FY2025 | $600M | |
| Unsecured Debt Percentage · FY2025 | 71.0% | |
| Unencumbered Assets Percentage · FY2025 | 81.0% | |
| Non-Accrual Loan Balance Percentage · FY2025 | 3.0% |
Risks flagged
Commercial Real Estate Market Downturn
“The filing discusses navigating the COVID-19 pandemic and evolving commercial real estate market dynamics, but does not provide specific quantified risk exposure.”
Interest Rate Sensitivity
“The filing mentions interest rate risk management but does not provide specific quantified exposure.”
Key Person Risk
“References to 'key man' risk concerning Mr. Harris have largely subsided over the years, which we believe reflects their confidence in the Company's strong and diversified leadership.” · word for word
9 Feb 202610-KNet interest income $92M (-33% y/y); Net income $64M (-41% y/y); Total debt $3.51Bopen
Figures in the filing · each found in the filing text
| Net interest income · FY2025 | $92M | -33% y/y |
| Net income · FY2025 | $64M | -41% y/y |
| Total debt · 2025-12-31 | $3.51B | |
| Fundings of loans · FY2025 | $1.40B | +617% y/y |
| Dividends paid · FY2025 | $117M | -0% y/y |
| Weighted average yield on mortgage loans · 2025-12-31 | 7.7% | |
| Weighted average yield on securities · 2025-12-31 | 5.3% | |
| Unencumbered loans · 2025-12-31 | $2.20B | +219% y/y |
| Unencumbered securities · 2025-12-31 | $1.40B | +27% y/y |
| Operating cash flow · FY2025 | $87M | -35% y/y |
Risks flagged
Asset yield compression
“As of December 31, 2025, the weighted average yield on our mortgage loan receivables was 7.7%, compared to 9.3% as of December 31, 2024.” · word for word
Cash depletion risk
“We held cash and cash equivalents of $38.0 million ... as of December 31, 2025. We held cash and cash equivalents of $1.3 billion ... as of December 31, 2024.” · word for word
5 Feb 20268-K · 2.02GAAP income before taxes $16M; Distributable earnings $21M; Distributable EPS prior to charge-off $0.21earningsopen
Figures in the filing · each found in the filing text
| GAAP income before taxes · Q4-2025 | $16M | |
| Distributable earnings · Q4-2025 | $21M | |
| Distributable EPS prior to charge-off · Q4-2025 | $0.21 | |
| GAAP income before taxes (FY) · FY2025 | $67M | |
| Distributable earnings (FY) · FY2025 | $110M |
Risks flagged
Allowance for credit losses impacted distributable EPS by $0.04 in Q4.
“distributable EPS prior to charge-off of allowance for credit losses was $0.21” · word for word
27 Oct 202510-QLadder Capital Corp reported Q3 2025 results with net interest income up 29.1% QoQ but net income down 37.1% YoY for the nine-month period; loan fundings surged 198% QoQ.earningsopen
Figures in the filing · each found in the filing text
| Net Interest Income · Q3-2025 | $28M | |
| Net Income · Q3-2025 | $19M | |
| Total Debt · Q3-2025 | $3.00B | |
| Dividends Paid · 9M-2025 | $89M |
Risks flagged
Commercial Real Estate Market Conditions
“The release of loan loss reserves for the nine months ended September 30, 2025 of $(0.2) million reflects continued uncertainty in macroeconomic market conditions affecting commercial real estate.” · word for word
Interest Rate Risk
“We may enter into interest rate and credit spread derivative contracts to mitigate our exposure to changes in interest rates and credit spreads.” · word for word
Loan Portfolio Concentration
“As of September 30, 2025, we held a portfolio of 64 balance sheet first mortgage loans with an aggregate book value of $1.9 billion.” · word for word
Ladder Capital Corp — questions
- What did Ladder Capital Corp file recently?
- 10 SEC filings in the last 12 months. Latest: 8-K on 2026-10-16 — Ladder Capital Corp reported Q3 2026 GAAP income before taxes of $67.3M ($0.53 diluted EPS) and distributable earnings of $44.7M ($0.35 per share). CEO highlighted strong quarter with over $700M new investments, book value growth, and gain
Every figure on this page comes from Ladder Capital Corp's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.