---
schema_version: "secwatch.filing_event.v1"
accession: "0001630472-26-000005"
form_type: "8-K"
ticker: "TRTX"
cik: "0001630472"
company_name: "TPG RE Finance Trust, Inc."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:26:31.814257+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TRTX Q4 GAAP EPS $0.00, distributable earnings $0.24; full year EPS $0.57, dividend $0.96

## Summary
- 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.

## SEC filing metadata
- accession: 0001630472-26-000005
- form_type: 8-K
- ticker: TRTX
- cik: 0001630472
- company_name: TPG RE Finance Trust, Inc.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630472/000163047226000005/0001630472-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630472/000163047226000005/trtx-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630472-26-000005
- JSON: https://secwatch.observer/filing/0001630472-26-000005.json
- Plain text: https://secwatch.observer/filing/0001630472-26-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.