Ladder Capital (LADR) Tops Q4 EPS by 5c
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Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2021
February 10, 2022 4:15 PM ESTNEW YORK--(BUSINESS WIRE)-- Ladder Capital Corp (NYSE: LADR) (we, our, Ladder, or the Company) today announced operating results for the quarter ended December 31, 2021. GAAP income before taxes for the three months ended December 31, 2021 was $29.3 million, and diluted earnings per share (EPS) was $0.22. Distributable earnings was $27.7 million, or $0.21 of distributable EPS. GAAP income before taxes for the twelve months ended December 31, 2021 was $57.8 million, and diluted earnings per share was $0.45. Distributable earnings was $61.3 million, or $0.49 of distributable EPS.
We are pleased with our fourth quarter results, and the our continued earnings momentum, driven by $1.3 billion in loan... More
