Ladder Capital 3Q 2026: Revenue $80.4M, Net income $65.9M, EPS $0.53— 10-Q Summary
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Ladder Capital reported third-quarter 2026 interest income of $80.4 million, up 12.1% from $71.8 million a year earlier. Income attributable to Class A common shareholders rose to $65.9 million from $19.2 million, while diluted EPS increased to $0.53 from $0.15.
Financial Highlights
- Interest income was $80.4M, compared with $71.8M in the prior-year quarter; YoY change 12.1%.
- Income attributable to Class A common shareholders was $65.9M, compared with $19.2M; YoY change 243.3%.
- Diluted EPS was $0.53, compared with $0.15; YoY change 253.3%.
Business Highlights
- Mortgage loan investments increased $736.6M over the nine months, supported by $1.3B in fundings.
- The securities portfolio grew $188.0M as purchases exceeded paydowns and sales; 98.9% of holdings were investment grade.
- Rental income rose $14.6M year over year, reflecting acquisitions partly offset by property sales.
- A property sale generated a $65.6M gain during the quarter, and another property was classified as held for sale.
- Ladder Capital continued originating balance-sheet and conduit mortgages, with conduit loans available for securitization or sale.
Original SEC Filing: Ladder Capital Corp [ LADR ] - 10-Q - Oct. 23, 2026
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