Quarterly ResultAug 10, 2026, 05:07 PM
TPG Mortgage Q2 Net Income $9.09M; EPS $0.29
AI Summary
TPG Mortgage Investment Trust, Inc. reported a significant turnaround in its second-quarter 2026 financial performance, achieving net income available to common stockholders of $9.09 million, or $0.29 per basic share, compared to a loss in the prior year period. The company saw an increase in total net interest income. However, total assets and stockholders' equity experienced a decline compared to the end of the previous fiscal year.
Key Highlights
- Net Income Available to Common Stockholders was $9.09 million for Q2 2026, up from a loss of $1.38 million in Q2 2025.
- Basic Earnings Per Share (EPS) was $0.29 for Q2 2026, compared to -$0.05 in Q2 2025.
- Total Net Interest Income increased to $20.24 million in Q2 2026 from $17.75 million in Q2 2025.
- Total Assets decreased to $7.94 billion as of June 30, 2026, from $8.71 billion as of December 31, 2025.
- Total Stockholders' Equity was $546.00 million as of June 30, 2026, down from $560.73 million as of December 31, 2025.
- Common dividends declared were $0.24 per share for Q2 2026.
- Preferred dividends declared totaled $5.18 million for Q2 2026.
Price Impact
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