Loading...
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.
GAAP net income reached $32.4 million, a slight increase from the previous quarter.
Net interest margin increased to $39.9 million.
Closed nine new loans with total commitments of $752.5 million.
Ended the quarter with $393.0 million in total liquidity.
Company is well-positioned for a successful second half of the year.
Analyze how earnings announcements historically affect stock price performance