secwatch.observer — SEC 8-K summary
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Issuer:     Ladder Capital Corp (LADR)
CIK:        0001577670
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001577670-25-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ladder Capital Q1 2025 GAAP pre-tax income $10.7M; announces $100M buyback
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- GAAP diluted EPS $0.09; distributable EPS $0.20 on $25.5M distributable earnings.
- Board authorized $100M share repurchase program, replacing $66.8M remaining authorization.
- CEO cites record loan payoffs in 2024 and growing origination momentum; new loans outpaced payoffs in Q1.
- Company remains modestly levered with significant liquidity to fund new investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577670/000157767025000021/0001577670-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577670/000157767025000021/ladr-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001577670-25-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer