---
schema_version: "secwatch.filing_event.v1"
accession: "0001630472-22-000019"
form_type: "8-K"
ticker: "TRTX"
cik: "0001630472"
company_name: "TPG RE Finance Trust, Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T18:32:26.298892+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TPG RE Finance Trust Q3 GAAP net loss $117.9M; allowance for credit losses rises $132.3M

## Summary
- GAAP net loss attributable to common stockholders of $(117.9)M, or $(1.52) per share.
- Book value per common share fell to $14.28 as of Sept 30, 2022.
- Originated and acquired $984.0M in first mortgage loans; received $371.1M in repayments.
- Allowance for credit losses increased to $225.6M (390 bps) from $93.4M (180 bps) in Q2.
- Total liquidity of $571.3M; non-mark-to-market debt at 74.9% of borrowings.

## SEC filing metadata
- accession: 0001630472-22-000019
- form_type: 8-K
- ticker: TRTX
- cik: 0001630472
- company_name: TPG RE Finance Trust, Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630472/000163047222000019/0001630472-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630472/000163047222000019/trtx-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630472-22-000019
- JSON: https://secwatch.observer/filing/0001630472-22-000019.json
- Plain text: https://secwatch.observer/filing/0001630472-22-000019.txt

## Key facts
- Earnings Releases
  TPG RE Finance Trust, Inc. reported the quarter ended September 30, 2022 results: net income GAAP net loss attributable to common stockholders of $(117.9) million, or $(1.52) per common share.
  - Period: the quarter ended September 30, 2022
  - Net income: GAAP net loss attributable to common stockholders of $(117.9) million, or $(1.52) per common share
  - Result: reported results
  source text: TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630472/000163047222000019/0001630472-22-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.