earnings
confidence high
sentiment neutral
materiality 0.65
TRTX Q4 GAAP EPS $0.00, distributable earnings $0.24; full year EPS $0.57, dividend $0.96
TPG RE Finance Trust, Inc.
2025-FY EPS reported
$0.57
- Q4 GAAP net income to common $0.2M ($0.00/diluted); full year $45.5M ($0.57).
- Q4 Distributable Earnings $18.5M ($0.24); full year $76.8M ($0.97), covering $0.96 dividend.
- Book value per share $11.07, down $0.18 from Q3; CECL reserve $77.4M (180 bps).
- Originated $927M in Q4 loans, $1.9B in 2025; loan repayments $378M and $987.9M, respectively.
- Repurchased 3.2M shares for $25.3M in 2025; year-end liquidity $143M.