---
schema_version: "secwatch.filing_event.v1"
accession: "0001630472-23-000022"
form_type: "8-K"
ticker: "TRTX"
cik: "0001630472"
company_name: "TPG RE Finance Trust, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:23:25.281838+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TRTX Q2 2023 GAAP net loss $72.7M ($0.94/share); credit loss reserve jumps to $278.3M

## Summary
- GAAP net loss attributable to common stockholders of $72.7M, or $0.94 per diluted share.
- Book value per common share fell to $13.10 from $14.31 at March 31, 2023.
- Allowance for credit losses increased by $55.9M to $278.3M (572 bps of total commitments).
- Received loan repayments of $279.1M; sold an office loan for $47.8M, incurring $24.1M loss.
- Declared common dividend of $0.24 per share; liquidity stands at $542.9M.

## SEC filing metadata
- accession: 0001630472-23-000022
- form_type: 8-K
- ticker: TRTX
- cik: 0001630472
- company_name: TPG RE Finance Trust, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630472/000163047223000022/0001630472-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630472/000163047223000022/trtx-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630472-23-000022
- JSON: https://secwatch.observer/filing/0001630472-23-000022.json
- Plain text: https://secwatch.observer/filing/0001630472-23-000022.txt

## Key facts
- Earnings Releases
  TPG RE Finance Trust, Inc. reported the quarter ended June 30, 2023 results: net income ($72.7) million, EPS ($0.94) per common share.
  - Period: the quarter ended June 30, 2023
  - Net income: ($72.7) million
  - EPS: ($0.94) per common share
  - Result: reported results
  source text: Recognized GAAP net (loss) attributable to common stockholders of ($72.7) million, or ($0.94) per common share, based on a diluted weighted average share count of 77.4 million common shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630472/000163047223000022/0001630472-23-000022-index.htm

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