earnings
confidence high
sentiment positive
materiality 0.75
TRTX Q3 2025: GAAP Net Income $18.4M ($0.23/sh), Distributable Earnings $0.25/sh, Book Value $11.25
TPG RE Finance Trust, Inc.
2025-Q3 EPS reported
$0.56
- GAAP net income $18.4M ($0.23/diluted share); distributable earnings $19.9M ($0.25/share).
- Book value per share $11.25, up from $11.20 at June 30; declared $0.24 common dividend.
- Originated $279.2M in loan commitments; loan portfolio 100% performing; CECL reserve 176 bps.
- Repurchased 1.1M shares for $9.3M; new $25M share repurchase program approved.
- Subsequent: closed $196.5M loans in Oct; priced $1.1B CLO TRTX 2025-FL7 expected to close Nov 17.