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Ladder Capital (Ladder Capital) Net Interest Margin (Bank Only) % : 4.31% (As of Mar. 2024)


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What is Ladder Capital Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Ladder Capital's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $148.6 Mil. Ladder Capital's average earning assets for the quarter that ended in Mar. 2024 was $3,447.3 Mil. Therefore, Ladder Capital's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 4.31%.


Ladder Capital Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Ladder Capital's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ladder Capital Net Interest Margin (Bank Only) % Chart

Ladder Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 0.28 -0.18 2.22 3.97

Ladder Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.88 3.86 3.91 4.23 4.31

Competitive Comparison of Ladder Capital's Net Interest Margin (Bank Only) %

For the REIT - Mortgage subindustry, Ladder Capital's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ladder Capital's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ladder Capital's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Ladder Capital's Net Interest Margin (Bank Only) % falls into.



Ladder Capital Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Ladder Capital's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=162.187/( (4530.425 + 3639.775)/ 2 )
=162.187/4085.1
=3.97 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=50.524 + 3892.382 + 587.519
=4530.425

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=15.45 + 3138.792 + 485.533
=3639.775

Ladder Capital's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=148.564/( (3639.775 + 3254.877)/ 2 )
=148.564/3447.326
=4.31 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=15.45 + 3138.792 + 485.533
=3639.775

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=12.274 + 2775.84 + 466.763
=3254.877

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Ladder Capital  (NYSE:LADR) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Ladder Capital Net Interest Margin (Bank Only) % Related Terms

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Ladder Capital (Ladder Capital) Business Description

Industry
Traded in Other Exchanges
Address
320 Park Avenue, 15th Floor, New York, NY, USA, 10154
Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate.
Executives
Paul J. Miceli officer: Chief Financial Officer C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Anthony Vincent Esposito officer: Chief Accounting Officer C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Pamela Mccormack officer: Chief Strategy Officer & GC 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Brian Harris director, officer: Chief Executive Officer 600 LEXINGTON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Kelly Amanda Porcella officer: General Counsel C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Kevin Moclair officer: Chief Accounting Officer 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Robert Perelman officer: Head of Asset Management 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Marc Fox officer: Chief Financial Officer 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Mark David Alexander director C/O LADDER CAPITAL CORP, 345 PARK AVENUE, NEW YORK NY 10154
David Alan Weiner director C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Jeffrey B Steiner director 15 WEST 63RD STREET, NEW YORK NY 10023
Thomas Harney officer: Head-Merchant Banking & Cap Mk 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Alan H Fishman director, Chairman ONE METROTECH CENTER, BROOKLYN NY 11201
Gi Partners Fund Iii Lp director, 10 percent owner 2180 SAND HILL ROAD, SUITE 210, MENLO PARK CA 94025
Towerbrook Investor Ii Executive Fund L P 10 percent owner 430 PARK AVE 6TH FL, NEW YORK NY 10022

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