Ladder Capital Reports Q2 Earnings and Highlights Strategic Growth
Ladder Capital reported distributable earnings of $30.8 million, or $0.24 per share, for the second quarter ended June 30, 2026. The company emphasized its ongoing strategy to rotate capital into higher-yielding balance sheet loans and highlighted a loan portfolio growth of 75% over the past year. Ladder originated more than $800 million in new investments during Q2, including $550 million in new loans with an average yield of 7.2%. The company also repurchased $8 million worth of shares at a 25% discount to book value and has $92 million remaining under its buyback authorization. Management noted that the stock continues to trade below book value, which stands at $13.44 per share, with an above-9% dividend yield. The firm is focused on narrowing this valuation gap through strategic capital deployment, balance sheet strength, and continued loan growth.
Tickers: $LADR
Topics: capital_allocation dividend_income real_estate_investment_trusts