Ladder Capital (LADR) Tops Q1 EPS by 1c
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Ladder Capital Corp Reports First Quarter 2016 Results
May 5, 2016 4:15 PM EDTFinancial Highlights
Generated Core Earnings of $38.2 million for the first quarter of 2016 Core EPS of $0.38 for the first quarter of 2016 and Diluted EPS on a GAAP basis of ($0.09) Generated a 10.8% after-tax return on average equity and ended the quarter with a book value of $13.46/share Declared a first quarter dividend of $0.275/share of Class A common stock paid on April 1, 2016 Contributed $249.2 million of loans to 2 securitization transactions in the first quarter of 2016... More