Company Analysis

Ladder Capital Corp (LADR)

NYSE: LADR · Real Estate Investment Trusts · New York, NY · filing with the SEC since 2013
Grade3.7
◀ Past 2.8● Present 4.9▶ Future 2.6
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 9, 2026Feb 10, 2025Feb 12, 2024Feb 13, 2023Feb 14, 2022Feb 26, 2021Feb 28, 2020Feb 28, 2019Feb 28, 2018Feb 24, 2017
For lenders
Interest and dividend income266,894358,625407,284293,520176,099239,849330,235344,816263,667236,372
Interest expense on deposits and borrowings174,917221,537245,097195,602······
Net interest income91,977137,088162,18797,918-6,85012,375125,882150,525117,549115,545
Provision for credit losses-18614,18125,1103,398-8,60518,2752,60013,9000300
Net interest income after provision92,134123,155137,09194,2071,863-5,900123,282136,625117,549115,245
Total operating expenses19,42619,19319,50320,71617,67220,29422,59521,69621,42120,552
Total costs and expenses148,343160,477159,469175,065125,791153,302158,287158,626170,428158,517
Interest expense··245,097195,602182,949227,474204,353194,291146,118120,827
Share of profit of equity-method investments-1,415-797581,4101,5791,8213,43279089426
Total non-operating income (expense)123,397148,217127,123251,072181,749139,955174,652250,320186,470163,312
Income before income taxes67,188110,895104,745170,21457,821-19,247139,647228,319133,591120,040
Income tax expense3,4933,4484,2444,909928-9,7892,6466,6437,7126,320
Net income including non-controlling interests63,695107,447100,501165,30556,893-9,458137,001221,676125,879113,720
Net income to non-controlling interests·········138r
Net income to common shareholders·········66,727
Earnings per share, basic0.510.860.811.140.46-0.131.161.851.161.08
Earnings per share, diluted0.510.860.811.130.45-0.131.151.841.131.06
Weighted average shares, basic·125,576,784124,667,877124,301,421123,763,843112,409,615105,455,84997,226,02781,902,52461,998,089
Weighted average shares, diluted·125,785,295124,882,398125,823,671124,563,051112,409,615106,399,78397,652,065109,704,880107,638,788
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses
us-gaap:ProvisionForLoanLossesExpensed
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Interest expense what its borrowing costus-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton LADR · research, not advice