secwatch.observer — SEC 8-K summary
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Issuer:     TPG Mortgage Investment Trust, Inc. (MITT)
CIK:        0001514281
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001514281-24-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MITT Q1 2024 book value up 3.7% to $10.84; economic return 5.5%
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- Book value per share $10.84 (up 3.7% from $10.46); adjusted book value $10.58; quarterly economic return 5.5%.
- Net income $0.55/diluted share; EAD $0.21/share; common dividend $0.18/share declared.
- Investment portfolio $6.2B (+$0.3B); purchased $285.3M loans and $127.7M Agency RMBS; pipeline $283.9M.
- Issued $34.5M 9.500% senior notes due 2029; repurchased $7.1M of 6.75% convertible notes.
- Liquidity $140.3M; GAAP leverage 10.8x; net interest margin 0.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514281/000151428124000082/0001514281-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514281/000151428124000082/mitt-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001514281-24-000082

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