r # n 11:2 Ozgur Donmaz Ladder Capital (NYSE:LADR) is trading at a higher discount to book value after a rival, Starwood Property Trust (STWD) announced stricter redemption requirements for one of its non-traded REITs, the Starwood Real Estate Income Trust last week. These redemption restrictions reignited new concerns about the health of the portfolios of CRE-focused REITs, including Ladder Capital. Ladder Capital is performing well, however, and the REIT comfortably supported its dividend with distributab ...

Megapixel8 Ladder Capital Corp (NYSE:LADR) owns a large portfolio of mortgage assets and is a leading originator of mortgage loans in the U.S. commercial real estate market. Ladder Capital makes a compelling value proposition for passive income investors due to its well-diversified commercial real estate loan portfolio, its relatively low exposure to the U.S. office market, and solid dividend coverage, particularly after other mortgage originators have seen a rise in impaired loans lately. I think that Ladd ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (State o ...

For the quarter ended March 2024, Ladder Capital (LADR) reported revenue of $69 million, down 7.9% over the same period last year. EPS came in at $0.33, compared to $0.38 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $67.11 million, representing a surprise of +2.81%. The company delivered an EPS surprise of +6.45%, with the consensus EPS estimate being $0.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

NEW YORK | MIAMI | LOS ANGELES This presentation includes certain non-GAAP financial measures. These non-GAAP financial measures should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. Please refer to the Company's March 31, 2024 Form 10-Q filing and earnings press release, which are available on Ladder's website (www.laddercapital.com), as well as the supplemental financial tables included herein, for a reconciliation of the non-GAAP financ ...

Financial Performance - For the quarter ended March 31, 2024, Ladder Capital Corp reported GAAP income before taxes of $18.4 million and diluted earnings per share (EPS) of $0.13[2] - Distributable earnings for the same period were $42.3 million, translating to a distributable EPS of $0.33[2] - The company reported a net income of $16.4 million for Q1 2024, down from $19.0 million in the previous quarter[16] - Basic and diluted EPS for Q1 2024 were both $0.13, compared to $0.15 in Q4 2023[16] - Distributable earnings for the three months ended March 31, 2024, were $42,283,000, compared to $39,995,000 for the previous quarter[24] - After-tax distributable earnings increased to $41,121,000 for Q1 2024, up from $40,193,000 in Q4 2023[26] - Distributable EPS rose to $0.33 for Q1 2024, compared to $0.32 in the previous quarter[24] - After-tax distributable ROAE for Q1 2024 was 10.8%, an increase from 10.5% in Q4 2023[26] Assets and Liabilities - As of March 31, 2024, Ladder Capital's total assets amounted to $5.3 billion, a decrease from $5.5 billion as of December 31, 2023[7] - The company's debt obligations decreased to $3.67 billion from $3.78 billion at the end of 2023[13] - The average shareholders' equity during Q1 2024 was $1,529,181,000, slightly down from $1,536,012,000 in Q4 2023[26] Income and Expenses - Net interest income for Q1 2024 was $37.1 million, down from $39.8 million in Q4 2023[16] - Total costs and expenses increased to $44.9 million in Q1 2024, compared to $36.2 million in Q4 2023[16] - The company recognized $5,768,000 in impairment adjustments for the three months ended March 31, 2024[24] - Adjustments for derivative results and loan sale activity amounted to $8,000 in Q1 2024, significantly lower than $4,997,000 in Q4 2023[25] - The company recorded a GAAP net loss from derivative transactions of $4,019,000 in Q1 2024, compared to a gain of $5,199,000 in Q4 2023[25] Shareholder Returns - The company authorized a stock repurchase program of $75.0 million, increasing the total authorization from $43.6 million[4] - The company intends to continue declaring regular quarterly distributions to shareholders, approximating the REIT's net taxable income[29] Management Commentary - Ladder Capital's management emphasized a strong liquidity position and low leverage, positioning the company to capitalize on market opportunities[3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) (State or other jurisdiction of i ...

Ladder Capital Corp (NYSE:LADR) Q4 2023 Earnings Conference Call February 8, 2024 10:00 AM ET Company Participants Pamela McCormack - President Paul Miceli - CFO Brian Harris - Founder and CEO Craig Robertson - Head of Underwriting & Loan Portfolio Manager Conference Call Participants Sarah Barcomb - BTIG Stephen Laws - Raymond James Steve DeLaney - JMP Securities Jade Rahmani - KBW Matthew Howlett - B. Riley Securities Operator Good morning, and welcome to Ladder Capital Corp.'s Earnings Call for the Fourt ...

S-0 2012 44010 11 NEW YORK | MIAMI | LOS ANGELES This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries (collectively, "Ladder Capital," "Ladder," "LADR," or the "Company"). Any statement concerning future events or expectations, express or implied, is a forward-looking statement. Words such as "may," "will," "seek," "should," "expect," "anticipate," "project," " ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36299 Ladder Capital Corp (Exact name of registrant as specified in its charter) Delaware 80-0925494 (Sta ...