NYSE$LADR

Ladder Capital Corp · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Ladder Capital Corp reported GAAP income before taxes of $16.3 million and distributable earnings of $30.8 million for the quarter ended June 30, 2026.

Ladder Capital delivered a strong second quarter with growth in its loan portfolio and distributable earnings of $30.8 million, or $0.24 per share. GAAP net income attributable to Class A common shareholders was $14.6 million, or $0.12 diluted EPS, supported by net interest income and real estate operating income. The company maintained stable book value and continued to focus on risk-adjusted returns across its multi-cylinder platform.

  • GAAP income before taxes reached $16.3 million with diluted EPS of $0.12.
  • Distributable earnings totaled $30.8 million, or $0.24 distributable EPS.
  • Total assets grew to $5.61 billion as of June 30, 2026, with cash and cash equivalents at $37.6 million.
  • After-tax distributable ROAE was 8.3% on an annualized basis.

Headline financials

Total Revenue

$57.8M

Previous: $21.5M+168.3%
EPS (adj)

$0.24

Previous: $0.14+71.4%
After-tax distributable ROAE

8.3%

No prior period
Distributable earnings

$30.8M

No prior period
Net Income

$14.6M

Previous: $17.1M-14.7%
Operating Income

$16.3M

No prior period
Cash & Equivalents

$37.6M

No prior period
Total Assets

$5.61B

No prior period

Revenue & EPS history

Ladder Capital · Revenue · Quarterly

$57.8M

Q2 2026+168.3%vs Q2 2025
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Ladder Capital · $35.2M total across 6 segments · Q2 2026

  • Real estate operating income
    $30.9M
  • Fee and other income
    $3.56M
  • Earnings from unconsolidated ventures
    $252K
  • Net result from derivative transactions
    $203K
  • Net result from mortgage loans held for sale
    $174K
  • Gain on extinguishment of debt
    $72K

Forward guidance

The company provided no specific numerical forward guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.9%

Avg return

30 days after

64%

32 / 50 earnings

Positive

+9.9%

Q4 2015

Best reaction

-13.1%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+2.0%+2.2%-1.4%
Q4 2025-6.5%-6.1%-7.4%
Q3 2025+0.5%-1.8%-2.6%
Q2 2025-1.1%-1.2%+2.3%
Q1 2025+0.4%+2.4%+0.8%
Q4 2024+4.3%+4.5%+4.2%
Q3 2024+2.8%+2.4%+6.7%
Q2 2024+3.0%+3.4%+1.4%
Q1 2024+4.8%+2.2%+5.0%
Q4 2023+0.9%-3.8%+3.4%
Q3 2023+3.9%+10.5%+20.8%
Q2 2023-2.6%-3.1%-7.6%
Q1 2023+4.5%+1.9%+7.0%
Q4 2022+3.4%+4.7%-9.5%
Q3 2022+3.8%+6.9%+9.0%
Q2 2022+2.7%-2.2%-1.4%
Q1 2022-3.8%-4.0%-2.1%
Q4 2021-1.9%-0.3%-1.8%
Q3 2021+2.4%+2.4%-1.6%
Q2 2021+0.7%-3.7%+1.0%
Q1 2021+3.2%-1.6%+3.5%
Q4 2020-2.1%-0.6%+1.5%
Q3 2020+7.4%+10.6%+39.0%
Q2 2020+1.0%-2.3%+1.0%
Q1 2020+0.3%+7.3%+19.7%
Q4 2019-13.1%-7.6%-62.1%
Q3 2019-0.1%-0.4%+4.3%
Q2 2019-0.5%-3.4%-1.3%
Q1 2019-6.9%-6.5%-6.9%
Q4 2018+0.2%-1.7%-7.1%
Q3 2018+1.7%+2.9%+4.8%
Q2 2018+4.4%+4.9%+9.7%
Q1 2018+0.1%+3.1%+12.7%
Q4 2017-0.3%+1.2%+1.8%
Q3 2017+1.0%-0.4%+0.0%
Q2 2017+3.0%+2.3%+4.9%
Q1 2017-0.8%-2.9%-3.0%
Q4 2016+0.0%+3.8%+3.0%
Q3 2016+4.4%+5.1%+17.9%
Q2 2016+0.5%+2.2%+5.5%
Q1 2016+1.0%
Q4 2015+9.9%
Q3 2015-4.8%
Q2 2015+4.0%
Q1 2015+3.3%
Q4 2014-5.4%
Q3 2014-0.3%
Q2 2014-3.5%
Q1 2014-0.3%
Q4 2013+2.3%
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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