Ladder Capital: 8% Yield, 100% Coverage, BV Stability

Core Insights - Ladder Capital (NYSE: LADR) exceeded distributable EPS expectations for its second fiscal quarter, driven by strong performance in its core lending business [1] - The company reported no new provisions for credit losses during the quarter, indicating a stable credit environment [1] Financial Performance - The mortgage REIT demonstrated solid operational results, contributing to its ability to beat EPS expectations [1] - The absence of new credit loss provisions suggests effective risk management and a healthy lending portfolio [1]