Ladder Capital posts Q3 2026 GAAP pre‑tax profit of $67.3 M and $0.35 distributable EPS
Ladder Capital Corp reported GAAP income before taxes of $67.3 million for the quarter ended September 30, 2026, driven by a $65.6 million net real‑estate gain. Diluted GAAP earnings were $0.53 per share and distributable earnings were $44.7 million, or $0.35 per share. The company deployed more than $700 million in new loan and securities investments and sold a net‑lease office asset for a $31 million gain. Management announced a quarterly dividend of $0.23 per share and repurchased $8 million of stock at a 31 % discount to book value.
Why it matters
The earnings beat and higher distributable EPS support the company’s dividend and share‑repurchase program, which may attract income‑focused investors. The real‑estate gain and strong balance‑sheet positioning give Ladder Capital flexibility to fund further loan and securities growth as rates rise.
Key facts
- 1GAAP income before taxes was $67.3 million for Q3 2026. tradingview.com
- 2Net real‑estate gain amounted to $65.6 million. stocktitan.net
- 3Diluted GAAP EPS was $0.53 per share. tradingview.com
- 4Distributable earnings were $44.7 million, or $0.35 per share. tradingview.com
- 5The company invested over $700 million in new loans and securities during the quarter. tradingview.com
- 6A net‑lease office sale generated a $31 million gain. finance.yahoo.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.