Ladder Capital Corp (NYSE: LADR) announced its financial results for the quarter ended September 30, 2026, in a press release dated October 16, 2026. For the three months ended September 30, 2026, the company reported GAAP income before taxes of $67.3 million, or $0.53 of diluted earnings per share (EPS).
The company also reported distributable earnings of $44.7 million, or $0.35 of distributable EPS. This figure was adjusted prior to the charge-off of the allowance for credit losses to $0.38 of distributable EPS.
During the quarter, Ladder Capital Corp made over $700 million in new loan and securities investments. The company also realized a gain on the sale of a net lease office asset. As of September 30, 2026, the company reported total assets of $6.04 billion and total equity of $1.46 billion.
Ladder Capital Corp is an internally-managed, investment grade REIT. The company has an investment grade credit rating of Baa3 from Moody's Ratings and BBB- from Fitch Ratings, with a stable outlook from both agencies. S&P Global Ratings assigns a BB+ rating with a positive outlook.
The company will host a conference call on Friday, October 16, 2026, at 10:00 a.m. Eastern Time to discuss the results. An audio replay will be available until midnight on Friday, October 30, 2026.