Ladder Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	94.67	91.98	137.09	162.19	97.92	-6.85
Net Interest Income Growth	-21.29%	-32.91%	-15.47%	65.64%	-	-
Non-Interest Income	121.38	123.4	148.22	127.12	251.07	181.75
Non-Interest Income Growth	-17.56%	-16.75%	16.59%	-49.37%	38.14%	29.86%
Revenues Before Loan Losses	216.05	215.37	285.31	289.31	348.99	174.9
Provision for Credit Losses	-0.1	-0.16	13.93	25.1	3.71	-8.71
Revenue	216.15	215.53	271.37	264.21	345.28	183.61
Revenue Growth (YoY)	-16.68%	-20.58%	2.71%	-23.48%	88.05%	36.97%
Compensation Expenses	56.3	52.74	60.67	63.62	75.84	38.35
Selling, General & Admin	23.68	23.14	26.91	28.35	27.95	23.48
Other Non-Interest Expenses	76.53	72.47	72.9	67.5	71.28	63.96
Total Non-Interest Expense	156.52	148.34	160.48	159.47	175.07	125.79
Pretax Income	59.64	67.19	110.9	104.75	170.21	57.82
Provision for Income Taxes	4.9	3.49	3.45	4.24	4.91	0.93
Net Income	55.01	64.18	108.26	101.13	142.22	56.52
Net Income to Common	55.01	64.18	108.26	101.13	142.22	56.52
Net Income Growth	-46.81%	-40.71%	7.05%	-28.89%	151.61%	-
Shares Outstanding (Basic)	125	125	126	125	124	124
Shares Outstanding (Diluted)	126	126	126	125	126	125
Shares Change (YoY)	0.13%	0.33%	0.72%	-0.75%	1.01%	10.81%
EPS (Basic)	0.44	0.51	0.86	0.81	1.14	0.46
EPS (Diluted)	0.44	0.51	0.86	0.81	1.13	0.45
EPS Growth	-46.67%	-40.70%	6.17%	-28.32%	151.11%	-
Shares Outstanding	127.67	127.23	127.11	126.91	126.5	125.45
Free Cash Flow	99.54	78.68	127.42	176.23	99.76	54.41
Free Cash Flow Growth	26.52%	-38.26%	-27.69%	76.65%	83.34%	-44.70%
Free Cash Flow Per Share	0.79	0.62	1.01	1.41	0.79	0.44
Dividends Per Share	0.920	0.920	0.920	0.920	0.880	0.800
Dividend Growth	-	-	-	4.54%	10.00%	-14.89%
Profit Margin	25.33%	29.55%	39.59%	38.04%	47.88%	30.99%
FCF Margin	46.05%	36.50%	46.96%	66.70%	28.89%	29.64%
EBITDA	33.57	32	32.33	29.91	32.67	37.8
EBITDA Margin	15.53%	14.84%	11.91%	11.32%	9.46%	20.59%
Effective Tax Rate	8.21%	5.20%	3.11%	4.05%	2.88%	1.60%

Updated Apr 25, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q