secwatch.observer — SEC 8-K summary
======================================

Issuer:     TPG Mortgage Investment Trust, Inc. (MITT)
CIK:        0001514281
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001514281-25-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AG Mortgage reports Q4 2024 book value $10.64, annual economic return 11.7%
---------------------------------------------------------------------------

- Book value per share $10.64 at Dec 31, 2024, up from $10.20 at end of 2023; annual economic return on equity 11.7%.
- Net income available to common stockholders per diluted share $1.23 for full year 2024; Q4 net income $0.30 per share.
- EAD per diluted share $0.76 for full year, $0.18 for Q4; Q4 dividend $0.19 per common share.
- Investment portfolio $6.7B; GAAP leverage 11.6x; issued $99.5M of 9.5% senior notes due 2029.
- Repurchased $7.1M of Legacy WMC convertible notes; paid off remaining $79.1M at maturity; liquidity $136.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514281/000151428125000022/0001514281-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514281/000151428125000022/mitt-20250303.htm
  HTML page:      https://secwatch.observer/filing/0001514281-25-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer