Ladder Capital Management
Management criteria checks 3/4
Ladder Capital's CEO is Brian Harris, appointed in Oct 2008, has a tenure of 16.17 years. total yearly compensation is $14.98M, comprised of 6.7% salary and 93.3% bonuses, including company stock and options. directly owns 6.15% of the company’s shares, worth $89.55M. The average tenure of the management team and the board of directors is 6.7 years and 9.5 years respectively.
Key information
Brian Harris
Chief executive officer
US$15.0m
Total compensation
| CEO salary percentage | 6.7% |
| CEO tenure | 16.2yrs |
| CEO ownership | 6.1% |
| Management average tenure | 6.7yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Ladder Capital: 8% Yield And Solid Dividend Coverage Make It A Buy
Dec 06Ladder Capital: 8.1% CRE Yield With 1.3X Dividend Coverage
Oct 25Ladder Capital: 7.5% Yield And 135% Dividend Coverage
Sep 04Ladder Capital: Quality Has Its Price
Aug 09Ladder Capital: Continuing To Lean Out And Deleverage, Big Income
Jul 25Shareholders May Not Be So Generous With Ladder Capital Corp's (NYSE:LADR) CEO Compensation And Here's Why
May 31
Ladder Capital: The Dividend Should Be Safe In 2024, Buy The Drop (Rating Upgrade)
May 30Ladder Capital: Accumulate On Any And All Weakness
Mar 31Ladder Capital: Is The Dividend Safe In 2024?
Mar 13Ladder Capital: Cash Is King
Feb 13Ladder Capital: 8% Yield, But Limited Upside In 2024 (Rating Downgrade)
Dec 31We Ran A Stock Scan For Earnings Growth And Ladder Capital (NYSE:LADR) Passed With Ease
Dec 03Ladder Capital: Buy The Dip Opportunity, Secure A Covered 10% Yield
Oct 31Ladder Capital: The Perfect Storm
Sep 28Ladder Capital: Raise Your Cash Flow With This 8.5% Yield
Aug 15Ladder Capital Corp: 8.1% CRE Yield, But It's A Hold Now (Downgrade)
Aug 05Is Now The Time To Put Ladder Capital (NYSE:LADR) On Your Watchlist?
Jul 15Ladder Capital: Chase This High Yield
Jul 11Ladder Capital Non-GAAP EPS of $0.31 beats by $0.02, revenue of $119.44M
Feb 099% Yielding Ladder Capital Is A Steal
Dec 27Ladder Capital declares $0.23 dividend
Dec 15Ladder Capital: 8.7% Dividend Yield And High Margin Of Safety
Nov 03Ladder Capital: This 9.5% Yield Is Nothing To Sneeze At
Oct 22Path To Financial Freedom: Buy Ladder Capital's Fat 9.5% Yield
Oct 16Ladder Capital raises dividend by 4.5% to $0.23/share
Sep 15Ladder Capital: 7.6% Yield, Strong Fundamentals, Cheap
Aug 21Ladder Capital: Raised Dividend, Big Discount To Book
Jun 18Ladder Capital: A 7%-Yielding, Inflation-Busting Machine
May 29If You Like Inflation, You'll Love Ladder Capital
Feb 17Ladder Capital: A REIT Rising From The Ashes
Dec 096.6% Yield, Share Buybacks: Ladder Capital Remains Cheap
Nov 017% Yield: Forget Corporate Ladder, Climb Ladder Capital Instead
Aug 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$96m |
| Jun 30 2024 | n/a | n/a | US$100m |
| Mar 31 2024 | n/a | n/a | US$95m |
| Dec 31 2023 | US$15m | US$1m | US$101m |
| Sep 30 2023 | n/a | n/a | US$141m |
| Jun 30 2023 | n/a | n/a | US$139m |
| Mar 31 2023 | n/a | n/a | US$146m |
| Dec 31 2022 | US$13m | US$1m | US$142m |
| Sep 30 2022 | n/a | n/a | US$110m |
| Jun 30 2022 | n/a | n/a | US$100m |
| Mar 31 2022 | n/a | n/a | US$75m |
| Dec 31 2021 | US$11m | US$1m | US$57m |
| Sep 30 2021 | n/a | n/a | US$18m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | US$1m |
| Dec 31 2020 | US$10m | US$1m | -US$14m |
| Sep 30 2020 | n/a | n/a | US$38m |
| Jun 30 2020 | n/a | n/a | US$48m |
| Mar 31 2020 | n/a | n/a | US$85m |
| Dec 31 2019 | US$17m | US$1m | US$123m |
| Sep 30 2019 | n/a | n/a | US$106m |
| Jun 30 2019 | n/a | n/a | US$145m |
| Mar 31 2019 | n/a | n/a | US$151m |
| Dec 31 2018 | US$17m | US$1m | US$180m |
| Sep 30 2018 | n/a | n/a | US$192m |
| Jun 30 2018 | n/a | n/a | US$149m |
| Mar 31 2018 | n/a | n/a | US$133m |
| Dec 31 2017 | US$15m | US$1m | US$95m |
Compensation vs Market: Brian's total compensation ($USD14.98M) is above average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Harris (64 yo)
16.2yrs
Tenure
US$14,983,943
Compensation
Mr. Brian Richard Harris serves as the Chief Executive Officer of Ladder Capital Finance LLC. Mr. Harris has been the Chief Executive Officer of Ladder Capital Securities LLC since its formation in October...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.2yrs | US$14.98m | 6.15% $ 89.5m | |
| Founder | 16.2yrs | US$5.93m | 0.78% $ 11.4m | |
| Founder & Head of Asset Management | 16.2yrs | US$2.11m | 0.28% $ 4.0m | |
| Chief Financial Officer | 3.8yrs | US$2.16m | 0.17% $ 2.5m | |
| Chief Administrative Officer | 8.8yrs | US$1.70m | 0.16% $ 2.4m | |
| Chief Accounting Officer & Principal Accounting Officer | 2.6yrs | no data | 0.033% $ 486.1k | |
| Chief Technology Officer | 1.9yrs | no data | no data | |
| Chief Compliance Officer | no data | no data | no data | |
| Head of Origination | 7.7yrs | no data | no data | |
| Chief Credit Officer | no data | no data | no data | |
| Head of Underwriting & Loan Portfolio Manager | 5.7yrs | no data | no data | |
| Head of CMBS Trading & Co-Head of Securitization | 5.7yrs | no data | no data |
6.7yrs
Average Tenure
49.5yo
Average Age
Experienced Management: LADR's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11.6yrs | US$14.98m | 6.15% $ 89.5m | |
| Founder | 5.5yrs | US$5.93m | 0.78% $ 11.4m | |
| Independent Non-Executive Chairman of the Board | 11.6yrs | US$376.07k | 0.97% $ 14.1m | |
| Independent Director | 10.9yrs | US$201.07k | 2.82% $ 41.0m | |
| Independent Director | 6.4yrs | US$176.07k | 0.032% $ 460.5k | |
| Independent Director | 5.5yrs | US$176.07k | 0.028% $ 408.2k | |
| Independent Director | 9.5yrs | US$191.07k | 0.089% $ 1.3m |
9.5yrs
Average Tenure
63yo
Average Age
Experienced Board: LADR's board of directors are considered experienced (9.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ladder Capital Corp is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Hewett | BofA Global Research |
| Eric Dray | BofA Global Research |
| Matthew Howlett | B. Riley Securities, Inc. |