earnings
confidence high
sentiment positive
materiality 0.75
TRTX Q2 2025 GAAP EPS $0.21, distributable EPS $0.24; loan originations $695.6M
TPG RE Finance Trust, Inc.
2025-Q2 EPS reported
$0.33
- GAAP net income $16.9M ($0.21/diluted share); Distributable Earnings $19.0M ($0.24/share).
- Originated $695.6M in loan commitments (seven first mortgage loans) in Q2, 15% portfolio loan growth.
- Repurchased 1.66M shares for $12.5M at $7.52 avg; subsequent repurchases 830k shares for $6.8M.
- Book value per share $11.20 (stable QoQ); dividend $0.24/share declared and paid July 25.
- CECL allowance $68.8M (176 bps of commitments); credit loss expense $1.8M.
item 2.02item 9.01