secwatch.observer — SEC 8-K summary
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Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001630472-24-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPG RE Finance Trust Q1 net income $13.1M ($0.17/shr), declares $0.24 dividend, approves $25M buyback
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- GAAP net income attributable to common stockholders of $13.1M, or $0.17 per diluted share.
- Book value per share $11.81; declared cash dividend of $0.24 per common share.
- Board approved $25M common stock repurchase program on April 25, 2024.
- Originated $116.3M in new loans; received $227.8M in repayments during Q1.
- Allowance for credit losses increased to $74.1M (210 bps) from $69.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000163047224000013/0001630472-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000163047224000013/trtx-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001630472-24-000013

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