Quarterly ResultApr 28, 2026, 04:23 PM
TRTX Q1 Net Income $18.9M, EPS $0.19; Interest Income +9.0%
AI Summary
TPG RE Finance Trust, Inc. reported a strong first quarter for 2026, with net income increasing by 37.9% to $18.9 million and basic earnings per share rising to $0.19. Interest income grew by 9.0% to $74.2 million, contributing to a 3.3% increase in net interest income. The company also declared a common stock dividend of $0.24 per share and retired common stock totaling $4.5 million.
Key Highlights
- Net income increased 37.9% to $18.9 million for Q1 2026.
- Basic EPS rose 58.3% to $0.19 for Q1 2026.
- Interest income grew 9.0% to $74.2 million for Q1 2026.
- Net interest income increased 3.3% to $25.7 million for Q1 2026.
- Reported a credit loss benefit of $0.3 million in Q1 2026, compared to an expense of $3.4 million in Q1 2025.
- Total assets reached $4.47 billion as of March 31, 2026.
- Declared a common stock dividend of $0.24 per share.
- Retired common stock worth $4.5 million in Q1 2026.