Ladder Capital Corp reported first-quarter 2026 GAAP income before taxes of $3.2 million, equal to $0.02 per diluted share, and distributable earnings of $28.0 million, or $0.22 per share.
The company said the quarter marked its strongest loan origination volume in four years, while its loan portfolio continued to grow. It also said it further strengthened its financing structure and liquidity profile during the period.
On April 21, the board authorized a new $100.0 million repurchase program for Class A common stock. That replaced and expanded the prior remaining authorization of $77.2 million, lifting available repurchase capacity by $22.8 million.
Management said Ladder had “a strong start to 2026,” citing a larger asset base, robust liquidity, and access to investment-grade capital markets. Following these announcements, the company's shares moved -0.7%, and are now trading at a price of $9.92. Check out the company's full 8-K submission here.
