TRTX Earnings Reports

TPG RE Finance Trust, Inc. reported a net income of $13.719 million for the three months ended March 31, 2025, a decrease from $16.744 million in the same period last year. Diluted earnings per common share were $0.12, down from $0.17 in Q1 2024. Total assets increased to $3.961943 billion as of March 31, 2025, from $3.731429 billion as of December 31, 2024. The company's weighted average risk rating for its loan portfolio remained stable at 3.0.

TPG RE Finance Trust, Inc. reported a GAAP net income of $6.9 million, or $0.09 per common share, for Q4 2024. The company out-earned its annual common stock dividend rate of $0.96 per share for the full year, maintained a 100% performing loan portfolio, and ended the year with $321 million in cash and near-term available liquidity.

TPG RE Finance Trust, Inc. reported GAAP net income attributable to common stockholders of $18.7 million, or $0.23 per common share, and Distributable Earnings of $23.0 million, or $0.28 per common share, for the quarter ended September 30, 2024. The company originated $204 million of new investments and received loan repayments of $149.3 million.

TPG RE Finance Trust reported strong investment portfolio performance, generating Distributable Earnings of $0.28 per share, representing a dividend coverage ratio of 1.2x. The company maintained ample liquidity of $389 million and a conservative debt-to-equity ratio of 2:1.

TPG RE Finance Trust reported a net income of $13.1 million, or $0.17 per common share, ended the quarter with $371 million of available liquidity and a 100% performing loan portfolio, and the Board of Directors approved a common stock share repurchase plan of up to $25 million.

TPG RE Finance Trust reported a GAAP net income attributable to common stockholders of $2.6 million, or $0.03 per common share, and declared a cash dividend of $0.24 per share of common stock. The company strategically sold loans and acquired properties through foreclosure, aiming to optimize its investment portfolio.

TPG RE Finance Trust reported a GAAP net loss attributable to common stockholders of $64.6 million, or $0.83 per common share, for the quarter ended September 30, 2023. They originated one first mortgage loan with a total loan commitment of $43.6 million and received loan repayments of $297.0 million. The company sold two loans resulting in losses and acquired a multifamily property through foreclosure.

TPG RE Finance Trust reported a GAAP net loss attributable to common stockholders of $72.7 million, or $0.94 per common share. The company received loan repayments of $279.1 million and sold an office loan for $47.8 million, resulting in a loss on sale of $24.1 million. They ended the quarter with $542.9 million in total liquidity.

TPG RE Finance Trust reported a GAAP net income of $3.8 million, or $0.05 per common share, and maintained a robust liquidity position of $662.6 million. The company originated two first mortgage loans with total commitments of $123.8 million and received loan repayments of $227.8 million.

TPG RE Finance Trust reported GAAP net income attributable to common stockholders of $32.6 million, or $0.42 per common share, and a book value per common share of $14.48. The company originated one first mortgage loan with a total loan commitment of $87.0 million and received loan repayments of $336.5 million.

TPG RE Finance Trust reported a GAAP net loss attributable to common stockholders of $(117.9) million, or $(1.52) per common share. The company opportunistically deployed $984.0 million into new investments and maintained ample liquidity of $571.3 million.

TPG RE Finance Trust reported a GAAP net loss attributable to common stockholders of $(8.8) million, or $(0.11) per common share. The company originated seven first mortgage loans with total loan commitments of $380.3 million and received loan repayments of $757.0 million.

TPG RE Finance Trust, Inc. reported GAAP net income attributable to common stockholders of $20.4 million, or $0.25 per diluted common share. The company originated five first mortgage loans with total loan commitments of $233.0 million and ended the quarter with $384.2 million of total liquidity.

TPG RE Finance Trust, Inc. reported GAAP net income attributable to common stockholders of $41.4 million, or $0.51 per diluted common share, and book value per common share on December 31, 2021 of $16.37. The company originated 10 first mortgage loans with total loan commitments of $651.6 million and received loan repayments of $428.1 million.

TPG RE Finance Trust reported a GAAP net income attributable to common stockholders of $26.0 million, with a net income per diluted common share of $0.32. The company closed seven new loans with total commitments of $482.9 million and received loan repayments of $460.4 million.

TPG RE Finance Trust reported a strong quarter with a GAAP net income of $32.4 million. The company focused on optimizing its capital structure through preferred stock transactions and maintained an active loan origination engine.

TPG RE Finance Trust reported a GAAP net income attributable to common stockholders of $24.2 million, with a net income per diluted common share of $0.30. The company closed one new loan commitment totaling $45.4 million and closed TRTX 2021-FL4, a $1.25 billion managed CRE CLO.

TPG RE Finance Trust (TRTX) reported GAAP net income attributable to common stockholders of $6.6 million, with net income per diluted common share at $0.09. The company declared a cash dividend of $0.20 per share and a special cash dividend of $0.18 per share. They also acquired 27 acres on the Las Vegas Strip through a deed-in-lieu of foreclosure.

TPG RE Finance Trust reported GAAP net income attributable to common stockholders of $30.8 million, or $0.39 per diluted common share. The company increased its net interest margin and completed a strategic financing of its hotel portfolio on a non-mark-to-market basis for the next two years.

TPG RE Finance Trust, Inc. reported a GAAP net income attributable to common stockholders of $40.1 million, resulting in a net income per diluted common share of $0.52. The book value per common share was $16.55 as of June 30, 2020.

TPG RE Finance Trust, Inc. reported its operating results for the quarter ended March 31, 2020. The company generated a GAAP net loss attributable to common stockholders of $233.1 million, or $(3.05) per diluted common share. The complete divestiture of their securities portfolio demonstrates their commitment to defending their balance sheet to enable them to serve their borrowers and lenders, weather this storm, and maximize value for shareholders.

TPG RE Finance Trust, Inc. reported GAAP net income attributable to common stockholders of $32.6 million, or $0.44 per diluted common share for the fourth quarter of 2019.