Discontinued — last reported Q1 '24
Ladder Capital New York, NY — Charge-offs increased by 300.0% to $2.70M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 300.0%, from $675.00K to $2.70M. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher charge-offs indicate deteriorating credit quality or poor underwriting, while lower charge-offs suggest a healthy, performing portfolio.
The value of loans or real estate assets within a specific geographic segment that the company has determined to be unco...
Standardized across financial institutions as 'Net Charge-offs' or 'Loan Losses'.
ladr_segment_new_york_ny_charge_offs| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $675.00K | $675.00K | $675.00K | $675.00K | $2.70M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +300.0% |
| YoY Change | — | — | — | — | +300.0% |