secwatch.observer — SEC 8-K summary
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Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001630472-24-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TRTX Q3 GAAP EPS $0.23, Distributable EPS $0.28; dividend $0.24
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- GAAP net income $18.7M ($0.23/diluted share); book value $11.41/share at quarter-end.
- Distributable earnings $23.0M ($0.28/diluted share), covering dividend by >115%.
- Originated $204M in first mortgage loans; received $149.3M in repayments.
- Liquidity of $357M; non-mark-to-market financing 79.7% of borrowings.
- CECL reserve $69.3M (205 bps of commitments), down $0.3M from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000163047224000029/0001630472-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000163047224000029/trtx-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001630472-24-000029

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