Ladder Capital Q2 GAAP pretax income $10.1M, EPS $0.08; $800M originations

Ladder Capital Corp

2021-Q2 EPS reported $0.08

GAAP income before taxes of $10.1M; diluted EPS of $0.08 for quarter ended June 30, 2021.
Distributable earnings of $13.4M, or $0.10 per share.
Originated over $800M in new loans during Q2; strong pipeline noted.
Placed $650M unsecured corporate bonds and $498M managed CLO debt in the quarter.

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