secwatch.observer — SEC 8-K summary
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Issuer:     TPG Mortgage Investment Trust, Inc. (MITT)
CIK:        0001514281
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0001514281-24-000110
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AG Mortgage Investment Trust reports Q2 EAD $0.21/share; BVPS down 1.9% to $10.63
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- Book value per share $10.63 at June 30, 2024 vs $10.84 at March 31, 2024; adjusted book value $10.37.
- Net loss $(0.02) per diluted common share; Earnings Available for Distribution (EAD) $0.21 per share.
- Common dividend raised 5.6% to $0.19 per share, covered by Q2 EAD of $0.21.
- Investment portfolio grew to $6.9B; issued $65M 9.500% senior notes due 2029 in May.
- Total liquidity $180.2M; GAAP leverage 12.2x, economic leverage 2.5x as of June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514281/000151428124000110/0001514281-24-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514281/000151428124000110/mitt-20240802.htm
  HTML page:      https://secwatch.observer/filing/0001514281-24-000110

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