Ladder Capital Corp (NYSE: LADR) announced today its operating results for the quarter ended September 30, 2025. The company reported GAAP income before taxes of $20.1 million, diluted earnings per share of $0.15, and distributable earnings of $32.1 million, or $0.25 per distributable share. The results reflected a strong return to historical quarterly loan origination volumes, with the firm reporting its highest loan origination volume in over three years.
In addition to the earnings release, Ladder disclosed that it successfully closed its inaugural $500 million investment‑grade bond offering. The bond issuance, priced at 5.500 % and due 2030, was completed on the same day as the earnings announcement, underscoring the company’s robust liquidity position and its ability to tap the investment‑grade capital markets. The bond proceeds are expected to support future loan and securities origination activity as the firm continues to deploy its $1.3 billion liquidity reserve.
The quarter’s results also highlighted a record loan payoff of $1.7 billion in 2024, which contributed to the company’s strong balance‑sheet profile. Ladder’s management emphasized that the combination of high loan origination activity, the new bond issuance, and the continued growth of its securities portfolio positions the company to capitalize on opportunities in the commercial real estate market while maintaining a conservative leverage profile.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.