secwatch.observer — SEC 8-K summary
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Issuer:     TPG Mortgage Investment Trust, Inc. (MITT)
CIK:        0001514281
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001514281-23-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AG Mortgage Investment Trust reports Q1 book value per share $11.85, up 4% from Q4 2022
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- Book value per share $11.85 vs $11.39; adjusted book value $11.48, up 4.1% from Dec 31, 2022.
- Net income $0.38 per diluted common share; EAD per share $0.03; dividend $0.18 per common share.
- Investment portfolio $4.5B; GAAP leverage 8.9x, economic leverage 1.4x; repurchased 0.9M shares for $5.2M in Q1.
- Arc Home contributed $(2.3)M after-tax loss to MITT in Q1; new $15M share repurchase program authorized.
- Quarterly preferred dividends declared for Series A, B, C at $0.51563, $0.50, $0.50 per share, payable June 20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514281/000151428123000043/0001514281-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514281/000151428123000043/mitt-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001514281-23-000043

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