Ladder Capital Corp (LADR)

Import this data to Google Sheets with:

=jivedata("LADR","financials")

Full statements spill as a table. For one cell: =jivedata("LADR","Revenue") or =jivedata("LADR","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

Ladder Capital Corp

LADR • CIK 0001577670

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	$25,096	$13,933	$-157	$60
Interest Income (Expense), after Provision for Loan Loss	$137,091	$123,155	$92,134	$95,662
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$104,745	$110,895	$67,188	$55,128
Income Tax Expense (Benefit)	$4,244	$3,448	$3,493	$2,932
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$100,501	$107,447	$63,695	$52,196
Noncontrolling Interest in Net Income (Loss) Joint Venture Partners, Nonredeemable	$-624	$-808	$-487	$-76
Interest and Dividend Income, Operating	$407,284	$358,625	$266,894	$292,258
InterestExpenseOperating	—	$221,537	$174,917	$196,536
Interest Income (Expense), Net	$162,187	$137,088	$91,977	$95,722
Operating Lease, Lease Income	$96,950	$98,681	$99,308	$109,957
Gain (Loss) on Sales of Loans, Net	$-523	$30	$4,716	$-113
Gain (Loss) on Sale of Properties	$8,808	$25,277	$3,807	$0
Interest and Fee Income, Loans and Leases	$9,178	$18,700	$14,995	$11,876
Gain (Loss) on Derivative Instruments, Net, Pretax	$1,481	$5,420	$1,835	$539
Income (Loss) from Equity Method Investments	$758	$-79	$-1,415	$-399
Gain (Loss) on Extinguishment of Debt	$10,718	$188	$151	$-34
Nonoperating Income (Expense)	$127,123	$148,217	$123,397	$121,826
Labor and Related Expense	$63,618	$60,671	$52,735	$56,997
Operating Expenses	$19,503	$19,193	$19,426	$20,344
Investment Income, Investment Expense	$8,847	$7,718	$3,712	$4,543
Depreciation, Depletion and Amortization	$29,914	$32,327	$31,995	$34,866
Costs and Expenses	$159,469	$160,477	$148,343	$162,360
Weighted Average Number of Shares Outstanding, Basic	124,667,877	125,576,784	125,576,784	—
Weighted Average Number of Shares Outstanding, Diluted	124,882,398	125,785,295	125,785,295	—
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	367,001	274,353	8,438	4,321

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash and Cash Equivalents, at Carrying Value	$1,015,678	$1,323,481	$37,953	$37,586
Restricted Cash	$15,450	$12,608	$14,888	$16,793
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance	$26,868	$26,898	$27,986	$27,205
Real Estate Investment Property, Net	$726,442	$670,803	$703,537	$776,496
Equity Method Investments	$6,877	$19,923	$44,468	$41,494
Derivative Assets (Liabilities), at Fair Value, Net	$1,454	$437	$264	$116
Interest Receivable	$24,233	$12,936	$15,890	$16,997
Other Assets	$98,218	$158,149	$49,041	$74,113
Assets	$5,512,677	$4,845,073	$5,152,550	$5,606,282
Commitments and Contingencies	$0	$0	$0	$0
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	$3,155,089	$1,591,322	$2,217,375	$2,790,138
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent	$43,165	$52,323	$47,137	$47,095
Dividends Payable	$32,294	$31,838	$31,819	$31,057
Accrued Liabilities	$65,144	$74,824	$76,448	$64,359
Other Liabilities	$99,095	$69,855	$52,524	$79,246
Liabilities	$3,980,479	$3,312,134	$3,671,193	$4,179,566
Additional Paid in Capital, Common Stock	$1,756,750	$1,777,118	$1,787,074	$1,776,165
Treasury Stock, Common, Value	$12,001	$30,475	$39,056	$40,933
Retained Earnings (Accumulated Deficit)	$-197,875	$-206,874	$-260,084	$-301,417
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-13,853	$-4,866	$-4,135	$-4,613
Stockholders' Equity Attributable to Parent	$1,533,148	$1,535,030	$1,483,926	$1,429,329
Noncontrolling Interest in Joint Ventures	$-950	$-2,091	$-2,569	$-2,613
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$1,532,198	$1,532,939	$1,481,357	$1,426,716
Treasury Stock, Common, Shares	1,115,789	2,776,538	3,557,032	3,925,288

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$100,501	$107,447	$63,695	$52,196
Net Cash Provided by (Used in) Operating Activities	$180,604	$133,921	$87,019	$102,982
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$416,341	$270,096	$-1,293,198	$-93,948
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$1,075,943	$1,346,039	$52,841	$-428,912
Gain (Loss) on Extinguishment of Debt	$10,718	$188	$151	$-34
Depreciation, Depletion and Amortization	$29,914	$32,327	$31,995	$34,866
Proceeds from Principal Repayments on Loans and Leases Held-for-investment	$738,464	$1,626,554	$710,985	$614,602
Unrealized Gain (Loss) on Derivatives	$-390	$-1,860	$-200	$-162
Equity Securities, FV-NI, Unrealized Gain (Loss)	$25	$-925	$749	$-1,889
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale	$232,124	$276,641	$534,025	$511,046
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	$25,096	$13,933	$-157	$60
Share-based Payment Arrangement, Noncash Expense	$18,577	$18,829	$20,329	$23,929
Amortization of Debt Issuance Costs	$12,428	$10,560	$9,636	$10,420
Payments for Capital Improvements	$4,374	$6,497	$8,342	$7,561
Amortization of Debt Discount (Premium)	$-604	$-767	$-652	$-614
Proceeds from Sale of Real Estate Held-for-investment	$13,391	$102,285	$13,079	$0
Amortization of above and below Market Leases	$-1,797	$-1,700	$-1,294	$-1,002
Payments to Acquire Equity Method Investments	—	$13,125	$25,961	$35,991
Proceeds from Sale of Federal Reserve Bank Stock	$4,410	$5,175	$0	$0
Accretion (Amortization) of Discounts and Premiums, Investments	$1,352	$1,097	$1,006	$135
Payments for Derivative Instrument, Investing Activities	$223	$1,119	$76	$76
Proceeds from Derivative Instrument, Investing Activities	$125	$574	$0	$0
Net Cash Provided by (Used in) Investing Activities	$793,503	$932,761	$-1,607,259	$-1,254,610
Gain (Loss) on Sale of Properties	$8,808	$25,277	$3,807	$0
Gain (Loss) on Sale of Derivatives	$-291	$298	$0	$0
Payments for Origination of Mortgage Loans Held-for-sale	$0	$0	$63,360	$25,203
Proceeds from Collection of Mortgage Loans Held-for-sale	$0	$0	$140	$0
Proceeds from Sale of Mortgage Loans Held-for-sale	$0	$0	$66,847	$26,231
Increase (Decrease) in Deferred Income Taxes	$-1,182	$-1,684	$-2,025	$536
Payments of Financing Costs	$3,378	$18,321	$11,965	$15,771
Payments of Ordinary Dividends	$116,419	$117,710	$117,413	$116,959
Proceeds from Noncontrolling Interests	—	$0	$40	$40
Payments to Noncontrolling Interests	—	$333	$31	$31
Payment, Tax Withholding, Share-based Payment Arrangement	$7,862	$8,894	$8,717	$9,146
Payments for Repurchase of Common Stock	$2,481	$6,532	$11,750	$23,977
Net Cash Provided by (Used in) Financing Activities	$-557,766	$-796,586	$227,042	$1,057,680
Income Taxes Paid, Net	$-2,402	$1,864	$3,521	$3,521
Interest Paid, Excluding Capitalized Interest, Operating Activities	$233,637	$199,426	$157,503	$157,503
Dividends Payable, Current	—	$31,838	$31,819	$32,963
Increase (Decrease) in Accrued Interest Receivable, Net	$-706	$-11,297	$2,955	$3,696
Increase (Decrease) in Other Operating Assets	$-7,552	$939	$3,131	$3,514
Increase (Decrease) in Accrued Liabilities	$24,647	$-20,264	$-13,290	$5,871
Cash and Cash Equivalents, at Carrying Value	$1,015,678	$1,323,481	$37,953	$-408,760
Restricted Cash and Investments	$15,450	$12,608	$14,888	$19,674
IncomeTaxPaidFederalAfterRefundReceived	—	—	$2,400	$2,400
IncomeTaxPaidStateAndLocalAfterRefundReceived	—	—	$1,100	$1,100

Loading financial statements…

Import this data to Google Sheets with:

=jivedata("LADR","financials")

Full statements spill as a table. For one cell: =jivedata("LADR","Revenue") or =jivedata("LADR","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.