other_material
confidence high
sentiment neutral
materiality 0.40
TPG RE Finance Trust presents at Nareit REITweek; discloses YTD share repurchases through May 30
TPG RE Finance Trust, Inc.
- Through May 30, 2025, repurchased 2.0M shares at $7.68 avg share price for $15.7M; $9.3M capacity remains.
- Loan portfolio of $3.4B commitments; 91% non-mark-to-market financing; 66.1% weighted avg LTV as of March 31, 2025.
- Q1 2025 GAAP EPS $0.12; distributable EPS $0.24; common dividend $0.24 per share declared.
- Book value per share $11.19 at March 31, 2025; annualized dividend yield 12.5% based on May 30 close.
- CECL reserve $67.2M (199 bps of commitments); no specifically identified loans at quarter end.
item 7.01item 9.01