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TRTX Q2 2026 GAAP EPS $0.12, Distributable EPS $0.23; originations $466M, liquidity $488M
GAAP net income $9.4M ($0.12/diluted share); Distributable Earnings $17.6M ($0.23/share) covering YTD dividend.
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TRTX posts 1Q26 distributable earnings $0.25/sh, book value $11.06, loan portfolio $4.3B
1Q26 GAAP net income attributable to common stockholders $15.2M ($0.19 diluted EPS); distributable earnings $19.5M ($0.25 diluted EPS).
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TPG RE Finance Trust closes $400M Term Loan B and $100M revolver due 2033/2031
Term Loan B: $400M, matures May 2033, priced at 99.75%, interest at Term SOFR plus 275 bps.
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TRTX Q1 GAAP EPS $0.19, Distributable EPS $0.25; out-earned dividend
GAAP net income $15.2M ($0.19/diluted share); Distributable Earnings $19.5M ($0.25/diluted share), above $0.24 common dividend.
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TRTX reports Q4 GAAP EPS $0.00, Distributable EPS $0.24; portfolio $4.3B
Q4 net income $0.2M ($0.00 diluted); Distributable Earnings $18.5M ($0.24 diluted).
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TRTX Q4 GAAP EPS $0.00, distributable earnings $0.24; full year EPS $0.57, dividend $0.96
Q4 GAAP net income to common $0.2M ($0.00/diluted); full year $45.5M ($0.57).
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TPG RE Finance closes $1.0B+ FL7 CLO, securitizing 30% of loan portfolio
Closed TRTX 2025-FL7 CLO on Nov 17, 2025; issued ~$1.02B in notes across eight classes plus preferred shares.
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TRTX Q3 GAAP EPS $0.23, distributable EPS $0.25; $3.7B loan portfolio 100% performing
GAAP net income per diluted share $0.23; distributable earnings $0.25; Q3 common dividend $0.24.
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TRTX Q3 2025: GAAP Net Income $18.4M ($0.23/sh), Distributable Earnings $0.25/sh, Book Value $11.25
GAAP net income $18.4M ($0.23/diluted share); distributable earnings $19.9M ($0.25/share).
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TPG RE Finance Trust CFO Bob Foley retiring; Brandon Fox appointed interim CFO
CFO Bob Foley will retire from TPG at year-end and become senior advisor to TPG real estate credit.
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TRTX Q2 2025 GAAP EPS $0.21, distributable EPS $0.24; loan originations $695.6M
GAAP net income $16.9M ($0.21/diluted share); Distributable Earnings $19.0M ($0.24/share).
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TRTX Q1 2025 GAAP EPS $0.12, Distributable EPS $0.24, dividend covered
GAAP net income $10.0M ($0.12/diluted share); Distributable Earnings $19.4M ($0.24/share).
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TPG RE Finance Trust closes $1.03B CLO (TRTX 2025-FL6) on $1.1B loan pool
Nine classes of notes issued totaling ~$1.03B; Class A $616M at 1.537% over benchmark, ratings AAAsf/Aaa(sf).
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TRTX prices $1.1B CRE CLO; expects $211M net proceeds from redemption of prior CLO
TRTX 2025-FL6: $1.1B CRE CLO; $962.5M investment grade securities placed with institutional investors.
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TRTX Q4 GAAP EPS $0.09, full year $0.75; out-earned $0.96 dividend; liquidity $321M; facility expanded
Q4 GAAP net income $6.9M ($0.09/diluted share); full year $59.7M ($0.75/share).
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TRTX Q3 GAAP EPS $0.23, Distributable EPS $0.28; dividend $0.24
GAAP net income $18.7M ($0.23/diluted share); book value $11.41/share at quarter-end.
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TPG RE Finance Q2 GAAP EPS $0.26, Distributable EPS $0.28; dividend coverage 1.2x
GAAP net income $21.0M ($0.26/diluted share); Distributable Earnings $22.3M ($0.28/share).
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TPG RE Finance Trust Q1 net income $13.1M ($0.17/shr), declares $0.24 dividend, approves $25M buyback
GAAP net income attributable to common stockholders of $13.1M, or $0.17 per diluted share.
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TRTX reports Q4 GAAP net income $0.03/share; full year loss $1.69; CECL reserve slashed
Q4 GAAP net income attributable to common $2.6M ($0.03/diluted); FY net loss $130.9M ($1.69/share).
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TRTX reports 3Q23 GAAP loss of $0.83/shr, negative distributable earnings of $1.33/shr
GAAP net loss attributable to common stockholders of $64.6M, or $0.83 per diluted share.
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TRTX Q3 GAAP loss $0.83/share; book value drops to $12.04; loan sales losses $109.4M
GAAP net loss attributable to common stockholders of $64.6M ($0.83 diluted EPS) vs. prior quarter loss.
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TRTX Q2 2023 GAAP loss of $0.94 per share; negative distributable earnings
Q2 2023 GAAP net loss attributable to common stockholders of $72.7M, or ($0.94) per diluted share.
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TRTX Q2 2023 GAAP net loss $72.7M ($0.94/share); credit loss reserve jumps to $278.3M
GAAP net loss attributable to common stockholders of $72.7M, or $0.94 per diluted share.
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TRTX Q1 EPS $0.05, non-accrual loans jump to $550M, dividend coverage 0.71x
GAAP net income attributable to common $3.8M, diluted EPS $0.05; book value $14.31/sh.
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TPG RE Finance Trust Q4 net income $32.6M ($0.42/share); full year net loss $73.6M
Q4 GAAP net income $32.6M ($0.42/diluted share); book value $14.48/share as of Dec 31, 2022.
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TPG RE Finance Trust Q3 GAAP net loss $117.9M; allowance for credit losses rises $132.3M
GAAP net loss attributable to common stockholders of $(117.9)M, or $(1.52) per share.
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TRTX Q2 2022 GAAP net loss $8.8M; credit loss allowance jumps to $93.4M
GAAP net loss attributable to common stockholders of $(8.8)M, or $(0.11) per share; book value per share $16.03.
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TRTX reports Q1 2022 GAAP net income $20.4M, EPS $0.25; new CEO Doug Bouquard
GAAP net income of $20.4M ($0.25 diluted EPS); book value $16.41 per share.
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TRTX Q4 net income $41.4M ($0.51/sh); book value $16.37, up $0.22; declares $0.31 dividend
GAAP net income attributable to common stockholders $41.4M ($0.51 per diluted share) in Q4; full year $70.7M ($0.87).
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TPG RE Finance Trust appoints Doug Bouquard as CEO, Brandon Fox as CAO
Doug Bouquard appointed CEO and elected to the board, effective April 25, 2022.
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TRTX reports $1.9B loan originations in 2021; raises common dividend 20% to $0.24/sh
2021 originations $1.9B; 68.2% multifamily, 20.9% office-life science; Q4 originations $651.6M at 3.8% spread, 72.3% LTV.