earnings
confidence high
sentiment neutral
materiality 0.55
TRTX reports 4Q24 distributable EPS $0.10, book value $11.27, loan portfolio $3.4B
TPG RE Finance Trust, Inc.
- 4Q24 GAAP net income $0.09/diluted share; distributable earnings $0.10/diluted share.
- Book value per common share $11.27 at Dec 31, 2024, down from $11.41 at Sep 30.
- Loan commitments $3.4B; weighted average LTV 66.1%; 99.7% floating rate.
- Common dividend declared $0.24/share for 4Q24; annualized yield 11.3%.
- Liquidity $320.8M; debt-to-equity ratio 2.1x; weighted average cost of funds 2.00%.