Ladder Capital Q1 2023: GAAP net income $23.9M, distributable EPS $0.38

Ladder Capital Corp

2023-Q1 EPS reported $0.18

GAAP income before taxes $23.9M, diluted EPS $0.18 for quarter ended March 31, 2023.
Distributable earnings $47.2M, or $0.38 per share; CEO cites strong earnings and credit performance.
Supplemental presentation available at ir.laddercapital.com; conference call held April 27, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ladder Capital Corp reported the quarter ended March 31, 2023 results: net income GAAP income before taxes for the three months ended March 31, 2023 was $23.9 million, EPS diluted earnings per share (“EPS”) was $0.18.

Period: the quarter ended March 31, 2023
Net income: GAAP income before taxes for the three months ended March 31, 2023 was $23.9 million
EPS: diluted earnings per share (“EPS”) was $0.18
Result: reported results

Exact text from the filing

On April 27, 2023, Ladder Capital Corp (“Ladder”) issued a press release disclosing financial results for the quarter ended March 31, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Period: the quarter ended March 31, 2023
Net income: GAAP income before taxes for the three months ended March 31, 2023 was $23.9 million
EPS: diluted earnings per share (“EPS”) was $0.18
Result: reported results

Exact text from the filing

GAAP income before taxes for the three months ended March 31, 2023 was $23.9 million, and diluted earnings per share (“EPS”) was $0.18.

View on SEC.gov

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Source: SEC EDGAR

accession 0001157523-23-000639

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