Ladder Capital Corp Quarterly Income Statements Chart
Quarterly
|
Annual
Ladder Capital Corp Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2017-09-30 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| net interest income | 21,530,000 | 20,329,000 | 27,215,000 | 38,416,000 | 34,317,000 | 37,141,000 | 39,822,000 | 38,831,000 | 40,487,000 | 43,047,000 | 37,298,000 | 28,888,000 | 22,563,000 | 9,170,000 | 10,589,000 | -3,104,000 | -7,649,000 | -6,686,000 | -706,000 | -1,777,000 | -6,329,000 | 21,188,000 | 26,857,000 | 30,854,000 | 32,953,000 | 30,156,000 | |
| interest income | 62,735,000 | 64,326,000 | 78,105,000 | 96,092,000 | 88,516,000 | 95,912,000 | 100,569,000 | 101,090,000 | 101,829,000 | 103,796,000 | 94,688,000 | 77,359,000 | 65,268,000 | 56,205,000 | 53,000,000 | 46,235,000 | 37,577,000 | 39,287,000 | 50,543,000 | 54,621,000 | 62,096,000 | 72,589,000 | 76,195,000 | 82,251,000 | 85,322,000 | 72,763,000 | |
| interest expense | 41,205,000 | 43,997,000 | 50,890,000 | 57,676,000 | 54,199,000 | 58,771,000 | 60,747,000 | 62,259,000 | 61,342,000 | 60,749,000 | 57,390,000 | 48,471,000 | 42,705,000 | 47,035,000 | 42,411,000 | 49,339,000 | 45,226,000 | 45,973,000 | 51,249,000 | 56,398,000 | 68,425,000 | 51,401,000 | 49,338,000 | 51,397,000 | 52,369,000 | 42,607,000 | |
| benefit from (release of) loan loss reserves | -42,000 | -81,000 | 47,000 | 3,063,000 | 5,055,000 | 5,768,000 | 6,006,000 | 7,473,000 | 6,881,000 | 4,736,000 | 2,338,000 | 1,501,000 | -1,002,000 | 874,000 | -1,763,000 | -2,364,000 | -335,000 | -4,251,000 | |||||||||
| net interest income after benefit from (release of) loan loss reserves | 21,572,000 | 20,410,000 | 27,168,000 | 35,353,000 | 29,262,000 | 31,373,000 | |||||||||||||||||||||
| other income | |||||||||||||||||||||||||||
| real estate operating income | 25,775,000 | 21,773,000 | 23,367,000 | 25,294,000 | 26,133,000 | 23,887,000 | 23,103,000 | 24,761,000 | 25,887,000 | 23,199,000 | 25,591,000 | 27,679,000 | 28,646,000 | 26,354,000 | 24,244,000 | 26,603,000 | 26,558,000 | ||||||||||
| net result from mortgage loan receivables held for sale | 4,914,000 | 162,000 | -608,000 | 1,092,000 | -541,000 | 87,000 | 596,000 | -629,000 | -296,000 | -194,000 | |||||||||||||||||
| gain on real estate | 3,807,000 | 12,419,000 | 315,000 | 12,543,000 | |||||||||||||||||||||||
| fee and other income | 2,803,000 | 5,285,000 | 4,753,000 | 6,609,000 | 3,638,000 | 3,700,000 | 2,191,000 | 1,829,000 | 3,327,000 | 1,831,000 | 2,782,000 | 2,697,000 | 2,345,000 | 7,194,000 | 2,768,000 | 2,687,000 | 2,451,000 | 3,284,000 | 4,579,000 | 3,051,000 | 3,505,000 | 1,519,000 | 7,356,000 | 5,166,000 | 7,196,000 | 4,338,000 | |
| net result from derivative transactions | 1,526,000 | 323,000 | 1,549,000 | -766,000 | 617,000 | 4,019,000 | -5,199,000 | 4,773,000 | 4,149,000 | -2,242,000 | -21,000 | 6,567,000 | 2,679,000 | 3,135,000 | 747,000 | 75,000 | -3,844,000 | 4,771,000 | 718,000 | 260,000 | -813,000 | -15,435,000 | 5,945,000 | -9,465,000 | -15,457,000 | -348,000 | |
| earnings from investment in unconsolidated ventures | -288,000 | -732,000 | -68,000 | -14,000 | 18,000 | -15,000 | -155,000 | 479,000 | 217,000 | 217,000 | 213,000 | 407,000 | 356,000 | ||||||||||||||
| gain on extinguishment of debt | 1,000 | 256,000 | -9,000 | 20,000 | 177,000 | 118,000 | 921,000 | 462,000 | 9,217,000 | 685,000 | |||||||||||||||||
| total other income | 34,731,000 | 30,874,000 | 41,403,000 | 32,550,000 | 42,408,000 | 31,855,000 | 20,703,000 | 40,923,000 | 33,659,000 | 31,838,000 | 82,048,000 | 42,482,000 | 61,298,000 | 65,243,000 | 49,167,000 | 51,223,000 | 48,150,000 | 33,209,000 | 27,235,000 | 52,810,000 | 30,909,000 | 29,002,000 | 59,601,000 | 38,195,000 | 43,708,000 | 39,141,000 | |
| costs and expenses | |||||||||||||||||||||||||||
| compensation and employee benefits | 11,561,000 | 18,761,000 | 11,754,000 | 14,407,000 | 13,721,000 | 20,789,000 | 13,006,000 | 14,285,000 | 14,242,000 | 22,084,000 | 16,671,000 | 13,806,000 | 15,495,000 | 29,864,000 | |||||||||||||
| operating expenses | 4,767,000 | 4,516,000 | 4,862,000 | 4,508,000 | 5,178,000 | 4,643,000 | 4,485,000 | 4,775,000 | 4,987,000 | 5,256,000 | 5,413,000 | 5,143,000 | 4,651,000 | 5,508,000 | 4,797,000 | 4,418,000 | 4,216,000 | 4,241,000 | 4,337,000 | 3,938,000 | 6,224,000 | 5,794,000 | 5,868,000 | 5,314,000 | 6,012,000 | 4,790,000 | |
| real estate operating expenses | 10,266,000 | 8,766,000 | 9,638,000 | 10,751,000 | 11,034,000 | 9,146,000 | 8,516,000 | 9,456,000 | 9,766,000 | 9,849,000 | 9,677,000 | 10,069,000 | 9,867,000 | 8,992,000 | 6,643,000 | 6,962,000 | 6,345,000 | 6,211,000 | 6,543,000 | 8,060,000 | 6,034,000 | 7,948,000 | 5,547,000 | 6,270,000 | 6,032,000 | 9,351,000 | |
| investment related expenses | 844,000 | 1,188,000 | 1,809,000 | 1,628,000 | 2,288,000 | 1,993,000 | 2,387,000 | 2,279,000 | 2,661,000 | ||||||||||||||||||
| depreciation and amortization | 8,043,000 | 7,336,000 | 7,466,000 | 8,146,000 | 8,413,000 | 8,302,000 | 7,770,000 | 7,144,000 | 7,471,000 | 7,529,000 | 7,909,000 | 7,864,000 | 7,558,000 | 9,342,000 | 9,481,000 | 9,320,000 | 9,464,000 | 9,536,000 | 9,437,000 | 9,817,000 | 9,816,000 | 10,009,000 | 9,319,000 | 9,030,000 | 9,935,000 | 10,606,000 | |
| total costs and expenses | 35,481,000 | 40,567,000 | 35,529,000 | 39,440,000 | 40,634,000 | 44,873,000 | 36,164,000 | 37,939,000 | 39,127,000 | 46,238,000 | 41,742,000 | 38,571,000 | 39,057,000 | 55,694,000 | 32,211,000 | 31,763,000 | 30,697,000 | 31,120,000 | 47,890,000 | 32,149,000 | 31,052,000 | 42,211,000 | 36,841,000 | 36,989,000 | 38,069,000 | 39,244,000 | |
| income before taxes | 20,822,000 | 10,717,000 | 33,042,000 | 28,463,000 | 31,036,000 | 18,355,000 | 18,355,000 | 34,342,000 | 28,138,000 | 23,911,000 | 75,266,000 | 31,298,000 | 45,806,000 | 17,845,000 | 29,308,000 | 18,720,000 | 10,139,000 | -346,000 | -16,296,000 | 21,396,000 | -5,743,000 | -18,602,000 | 47,617,000 | 32,060,000 | 38,292,000 | 30,053,000 | |
| income tax benefit | 3,714,000 | -838,000 | 1,711,000 | 901,000 | -1,089,000 | 1,925,000 | -669,000 | 3,147,000 | 46,000 | 1,720,000 | 1,012,000 | 2,613,000 | 2,594,000 | -1,309,000 | 2,236,000 | -212,000 | -318,000 | -778,000 | -4,711,000 | 14,000 | -550,000 | -4,541,000 | 2,168,000 | 1,112,000 | 2,219,000 | -400,000 | |
| net income | 17,108,000 | 11,555,000 | 31,331,000 | 27,562,000 | 32,125,000 | 16,430,000 | 19,024,000 | 31,195,000 | 28,092,000 | 22,191,000 | 74,254,000 | 28,685,000 | 43,212,000 | 19,154,000 | 27,072,000 | 18,932,000 | 10,457,000 | 432,000 | -11,585,000 | 21,382,000 | -5,193,000 | -14,061,000 | 45,449,000 | 30,948,000 | 36,073,000 | 30,453,000 | |
| yoy | -46.75% | -29.67% | 64.69% | -11.65% | 14.36% | -25.96% | -74.38% | 8.75% | -34.99% | 15.86% | 174.28% | 51.52% | 313.24% | 4333.80% | -333.68% | -11.46% | -301.37% | -103.07% | -125.49% | -30.91% | -114.40% | -146.17% | |||||
| qoq | 48.06% | -63.12% | 13.67% | -14.20% | 95.53% | -13.64% | -39.02% | 11.05% | 26.59% | -70.11% | 158.86% | -33.62% | 125.60% | -29.25% | 43.00% | 81.05% | 2320.60% | -103.73% | -154.18% | -511.75% | -63.07% | -130.94% | 46.86% | -14.21% | 18.45% | ||
| net income margin % | |||||||||||||||||||||||||||
| net (income) loss attributable to noncontrolling interests in consolidated ventures | 220,000 | 220,000 | 55,000 | 351,000 | 224,000 | 179,000 | 212,000 | 124,000 | 71,000 | 217,000 | -14,700,000 | -102,000 | -8,164,000 | ||||||||||||||
| net income attributable to class a common shareholders | 17,328,000 | 11,775,000 | 31,386,000 | 27,913,000 | 32,349,000 | 16,609,000 | 19,236,000 | 31,319,000 | 28,163,000 | 22,408,000 | 59,554,000 | 28,583,000 | 35,048,000 | 19,032,000 | 27,109,000 | 18,927,000 | 10,294,000 | 192,000 | -11,716,000 | 17,188,000 | -4,189,000 | -15,728,000 | 40,649,000 | 27,576,000 | 32,244,000 | 24,039,000 | |
| earnings per share: | |||||||||||||||||||||||||||
| basic | 0.14 | 0.09 | 0.25 | 0.22 | 0.26 | 0.13 | 0.15 | 0.25 | 0.23 | 0.18 | 0.48 | 0.23 | 0.28 | 0.15 | 0.22 | 0.15 | 0.08 | -0.11 | 0.15 | -0.04 | -0.15 | 0.38 | 0.26 | 0.31 | 0.28 | ||
| diluted | 0.14 | 0.09 | 0.25 | 0.22 | 0.26 | 0.13 | 0.15 | 0.25 | 0.23 | 0.18 | 0.47 | 0.23 | 0.28 | 0.15 | 0.21 | 0.15 | 0.08 | -0.11 | 0.14 | -0.04 | -0.15 | 0.38 | 0.26 | 0.3 | 0.28 | ||
| weighted-average shares outstanding: | |||||||||||||||||||||||||||
| basic | 125,796,410 | 125,628,951 | 125,576,784 | 125,705,754 | 125,730,765 | 125,315,765 | 124,667,877 | 124,730,343 | 124,731,195 | 124,493,132 | 124,301,421 | 124,278,732 | 124,593,171 | 124,305,943 | 123,763,843 | 123,729,867 | 124,048,999 | 123,974,970 | 112,409,615 | 117,481,812 | 106,809,987 | 106,329,796 | 105,455,849 | 106,004,152 | 105,511,385 | 85,135,685 | |
| diluted | 126,204,424 | 126,279,680 | 125,785,295 | 125,905,528 | 125,839,500 | 125,520,373 | 124,882,398 | 124,968,545 | 124,827,596 | 124,656,102 | 125,823,671 | 125,172,180 | 125,265,707 | 125,478,001 | 124,563,051 | 124,499,675 | 124,480,487 | 124,324,683 | 112,409,615 | 118,791,927 | 106,809,987 | 106,329,796 | 106,399,783 | 106,603,713 | 105,892,420 | 85,476,266 | |
| net interest income after benefit from (release of) loan losses | 25,818,750 | 31,358,000 | 33,606,000 | 38,311,000 | 34,960,000 | 27,387,000 | 23,565,000 | 8,296,000 | 12,352,000 | -740,000 | -7,314,000 | -2,435,000 | |||||||||||||||
| realized gain on securities | 23,000 | 8,000 | -307,000 | 2,000 | 9,000 | 12,000 | -96,000 | 715,000 | 285,000 | 15,000 | 579,000 | -321,000 | -303,000 | -14,798,000 | 3,011,000 | 4,185,000 | 3,396,000 | 4,464,000 | 6,688,000 | ||||||||
| unrealized gain on securities | 49,000 | -42,000 | -95,000 | 117,000 | |||||||||||||||||||||||
| realized gain on sale of real estate | 8,808,000 | 53,897,000 | 4,393,000 | 28,554,000 | 29,154,000 | 18,611,000 | 17,766,000 | 19,389,000 | -14,000 | 21,588,000 | -1,000 | 10,529,000 | 429,000 | 2,082,000 | -1,124,000 | 3,228,000 | |||||||||||
| fee expense | 1,520,000 | 2,072,000 | 1,689,000 | 1,486,000 | 1,988,000 | 379,000 | 1,638,000 | 2,195,000 | 1,599,000 | 1,352,000 | 2,476,000 | 1,977,000 | 1,439,000 | 1,139,000 | 2,056,000 | 1,183,000 | 1,242,000 | ||||||||||
| sale of loans | -428,000 | 796,000 | -1,930,000 | -949,000 | 1,713,000 | 3,293,000 | 3,392,000 | -2,958,000 | 1,127,000 | -744,000 | 1,005,000 | 16,169,000 | 11,247,000 | 20,264,000 | -775,000 | ||||||||||||
| unrealized gain on equity securities | 36,000 | -61,000 | -30,000 | 14,000 | 401,000 | -533,000 | 396,000 | 254,000 | -990,000 | ||||||||||||||||||
| unrealized gain on agency interest-only securities | -24,000 | -5,000 | -19,000 | 3,000 | -4,000 | -19,000 | -48,000 | -20,000 | 80,000 | 9,000 | 98,000 | 76,000 | 46,000 | 16,000 | 11,000 | 577,000 | |||||||||||
| earnings from investment in unconsolidated joint ventures | 434,000 | 373,000 | 533,000 | 237,000 | 436,000 | 462,000 | 447,000 | 471,000 | 441,000 | -185,000 | 1,094,000 | 1,564,000 | 127,000 | ||||||||||||||
| net (income) loss attributable to noncontrolling interests in consolidated joint ventures | -122,000 | 37,000 | -5,000 | -163,000 | |||||||||||||||||||||||
| salaries and employee benefits | 6,859,000 | 9,425,000 | 8,477,000 | 9,533,000 | 26,221,000 | 7,858,000 | 7,001,000 | 17,021,000 | 14,968,000 | 14,319,000 | 14,907,000 | 13,255,000 | |||||||||||||||
| net (income) loss attributable to noncontrolling interests in operating partnership | |||||||||||||||||||||||||||
| refer to the accompanying notes to consolidated financial statements. | |||||||||||||||||||||||||||
| dividends per share of class a common stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.34 | 0.34 | 0.34 | 0.34 | 0.3 | |||||||||||||||
| operating lease income | 24,159,000 | 24,683,000 | 25,464,000 | 23,773,000 | 26,328,000 | 25,260,000 | 24,405,000 | 27,780,000 | 22,924,000 | ||||||||||||||||||
| net (income) loss attributable to noncontrolling interest in consolidated joint ventures | -240,000 | -127,000 | -4,149,000 | 250,000 | -1,519,000 | 3,000 | -64,000 | 307,000 | 265,000 | ||||||||||||||||||
| net (income) loss attributable to noncontrolling interest in operating partnership | -4,000 | -45,000 | 754,000 | -148,000 | -4,803,000 | -3,308,000 | -4,136,000 | -6,679,000 | |||||||||||||||||||
| benefit from/(release of) loan loss reserves | 5,835,000 | -2,512,000 | -729,000 | ||||||||||||||||||||||||
| net interest income after benefit from/(release of) loan losses | -2,564,750 | 735,000 | |||||||||||||||||||||||||
| impairment of real estate | |||||||||||||||||||||||||||
| gain on extinguishment/defeasance of debt | 6,000 | 1,167,000 | 19,017,000 | 2,061,000 | |||||||||||||||||||||||
| the accompanying notes are an integral part of these consolidated financial statements. | |||||||||||||||||||||||||||
| net interest income after benefit from loan losses | -5,600,000 | -5,393,000 | 24,857,000 | 30,854,000 | 32,653,000 | 30,156,000 | |||||||||||||||||||||
| benefit from loan losses | 26,581,000 | 2,000,000 | 300,000 | ||||||||||||||||||||||||
| tenant recoveries | 2,382,000 |
We provide you with 20 years income statements for Ladder Capital Corp stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Ladder Capital Corp stock. Explore the full financial landscape of Ladder Capital Corp stock with our expertly curated income statements.
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