Ladder Capital Corp has recently released its 10-K report, providing an in-depth look into the company's financial condition and results of operations. Ladder Capital operates as an internally-managed real estate investment trust in the United States, with three primary segments: Loans, Securities, and Real Estate. The company's business activities include originating conduit first mortgage loans, investing in commercial mortgage-backed securities, and owning and leasing commercial properties.
The 10-K report also includes Item 7, which is the Management’s Discussion and Analysis of Financial Condition and Results of Operations. The report contains forward-looking statements and provides a comprehensive overview of the company's financial situation. Ladder Capital Corp is the sole general partner of Ladder Capital Finance Holdings LLLP and operates and controls all of the business and affairs of LCFH, and each Series thereof, consolidating the financial results into its own consolidated financial statements.
In terms of financial performance, the report provides a detailed breakdown of the company's results of operations for the year ended December 31, 2025, compared to the year ended December 31, 2024. Net interest income decreased by $45.1 million, primarily due to net payoffs within the loan portfolio, partially offset by an increase in interest earned on CMBS and CLO securities due to net purchases. The provision for loan loss reserves also showed a significant change, with a release of $0.2 million in 2025 compared to a provision of $13.9 million in 2024. The report also details the company's investment activities, including fundings, paydowns, and acquisitions.
Furthermore, the report provides insights into the company's net interest income, real estate operating income, fees and other income, and investment overview. It also outlines the changes in interest income and expense, as well as the provision for loan loss reserves. The report provides a comprehensive analysis of the company's financial performance, offering investors and stakeholders valuable insights into Ladder Capital Corp's operations and results. As a result of these announcements, the company's shares have moved 0.54% on the market, and are now trading at a price of $11.19. For the full picture, make sure to review Ladder Capital Corp's 10-K report.
