Ladder Capital Reports Q4 2024 Earnings with Strong Distributable Earnings and Liquidity Metrics
Ladder Capital (LADR) reported Q4 2024 earnings with distributable earnings of $33.6 million, or $0.27 per share, and a 8.9% return on equity. The company also highlighted strong liquidity, with $2.2 billion in total liquidity, and an upsized revolving credit facility to $850 million. Credit ratings from Moody's, Fitch, and S&P were positive, with S&P upgrading Ladder's rating following a $500 million unsecured bond issuance.
Topics: Credit Ratings Earnings Financial Performance Leverage Liquidity Loan Portfolio