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	Jun '26 Jun 30, 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
Interest and Dividend Income	292.26	266.89	358.63	407.28	293.52	176.1
Total Interest Expense	196.54	174.92	221.54	245.1	195.6	182.95
Net Interest Income	95.72	91.98	137.09	162.19	97.92	-6.85
Commissions and Fees	11.88	15	18.7	8.93	14.86	11.19
Gain (Loss) on Sale of Loans & Receivables	-0.11	4.72	0.03	-0.52	-2.51	8.4
Gain (Loss) on Sale of Investments	-	-	-	-	-	1.5
Other Revenue	110.1	99.73	104.02	99.19	122.04	104.89
Revenue Before Loan Losses	217.58	215.22	285.12	278.59	348.31	174.9
Provision for Loan Losses	0.06	-0.16	13.93	25.1	3.71	-8.71
Revenue	217.52	215.38	271.18	253.5	344.59	183.61
Revenue Growth	-10.78%	-20.58%	6.98%	-26.44%	87.67%	64.22%
Salaries & Employee Benefits	57	52.74	60.67	63.62	75.84	38.35
Cost of Services Provided	70.5	63.61	67.48	65.94	66.56	49.64
Total Operating Expenses	162.36	148.34	160.48	159.47	175.07	125.79
Operating Income	55.16	67.04	110.71	94.03	169.53	57.82
EBT Excluding Unusual Items	55.16	67.04	110.71	94.03	169.53	57.82
Other Unusual Items	-0.03	0.15	0.19	10.72	0.69	-
Pretax Income	55.13	67.19	110.9	104.75	170.21	57.82
Income Tax Expense	2.93	3.49	3.45	4.24	4.91	0.93
Earnings From Continuing Ops.	52.2	63.7	107.45	100.5	165.31	56.89
Minority Interest in Earnings	0.08	0.49	0.81	0.62	-23.09	-0.37
Net Income	52.27	64.18	108.26	101.13	142.22	56.52
Net Income to Common	52.27	64.18	108.26	101.13	142.22	56.52
Net Income Growth	-40.87%	-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	-0.14%	0.33%	0.72%	-0.75%	1.01%	10.81%
EPS (Basic)	0.42	0.51	0.86	0.81	1.14	0.46
EPS (Diluted)	0.42	0.51	0.86	0.81	1.13	0.45
EPS Growth	-40.30%	-40.70%	6.17%	-28.32%	151.11%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Dividend Per Share	0.920	0.920	0.920	0.920	0.880	0.800
Dividend Growth	0%	0%	0%	4.54%	10.00%	-14.89%
Operating Margin	25.36%	31.13%	40.82%	37.09%	49.20%	31.49%
Profit Margin	24.03%	29.80%	39.92%	39.89%	41.27%	30.78%
Effective Tax Rate	5.32%	5.20%	3.11%	4.05%	2.88%	1.60%

SEC Filings: 10-K · 10-Q