Ladder Capital reports Q4 distributable EPS 32c, consensus 29c

“2023 was another positive year for Ladder, as we generated both double-digit earnings growth and returns on equity with a smaller asset base and lower leverage than the previous year. With $1.3 billion of liquidity and our unique liability structure anchored by long-term, fixed-rate, unsecured corporate bonds, we remain well-positioned to capitalize on new investment opportunities.” said Brian Harris, Ladder’s CEO.