Ladder Capital (LADR) Tops Q2 EPS by 4c

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Ladder Capital Corp Reports Second Quarter 2018 Results

July 31, 2018 4:25 PM EDT

Financial Highlights

GAAP disclosures for the second quarter:

GAAP income before taxes of $44.1 million and diluted EPS of $0.40 Up from $37.7 million and $0.26 in the second quarter of 2017 After-tax GAAP return on average equity of 11.7% Up from 8.1% in the second quarter of 2017 GAAP book value per share of $13.43 at June 30, 2018 Up from $13.19 at December 31, 2017 and $13.37 at March 31, 2018

Core (non-GAAP) disclosures for the second quarter:

Core earnings of $50.4 million and... More