---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001556"
form_type: "8-K"
ticker: "LADR"
cik: "0001577670"
company_name: "Ladder Capital Corp"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:33:10.080584+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ladder Capital Q3 GAAP pre-tax income $34.3M; distributable EPS $0.31

## Summary
- GAAP diluted EPS $0.25; distributable earnings $39.0M or $0.31 per share.
- CEO says distributable earnings comfortably cover quarterly cash dividend.
- Floating-rate asset base with long-term fixed-rate liabilities supports net interest margins.
- Loan payoffs add to ample liquidity; company maintains modest leverage.
- Q3 2023 results detailed in supplemental presentation at ir.laddercapital.com.

## SEC filing metadata
- accession: 0001157523-23-001556
- form_type: 8-K
- ticker: LADR
- cik: 0001577670
- company_name: Ladder Capital Corp
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1577670/000115752323001556/0001157523-23-001556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1577670/000115752323001556/a53692373.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001556
- JSON: https://secwatch.observer/filing/0001157523-23-001556.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001556.txt

## Key facts
- Earnings Releases
  Ladder Capital Corp reported quarter ended September 30, 2023 results: net income 39.0 million, EPS 0.31.
  - Period: quarter ended September 30, 2023
  - Net income: 39.0 million
  - EPS: 0.31
  - Result: reported results
  source text: GAAP income before taxes for the three months ended September 30, 2023 was $34.3 million, and diluted earnings per share (“EPS”) was $0.25.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577670/000115752323001556/0001157523-23-001556-index.htm
- Earnings Releases
  Ladder Capital Corp reported quarter ended September 30, 2023 results: net income 39.0 million, EPS 0.31.
  - Period: quarter ended September 30, 2023
  - Net income: 39.0 million
  - EPS: 0.31
  - Result: reported results
  source text: Distributable earnings was $39.0 million, or $0.31 of distributable EPS.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1577670/000115752323001556/0001157523-23-001556-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.