TPG Mortgage Investment Trust, Inc.

TPG Mortgage Investment Trust, Inc. (MITT) reported a net loss of $10.53 million for the third quarter of 2026, a significant downturn from a net income of $19.96 million in the same period of 2025. For the nine-month period, net income fell to $176,000 from $35.38 million year-over-year. Total assets and liabilities decreased, leading to a reduction in stockholders' equity. A major development is the proposed merger with Cherry Hill Mortgage Investment Corporation, anticipated to close in the fourth quarter of 2026. While net interest income saw a slight increase, substantial unrealized losses impacted the overall financial results.

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.

TPG Mortgage Investment Trust, Inc. reported its second quarter 2026 financial results, with Earnings Available for Distribution (EAD) of $0.24 per diluted common share, fully covering its dividend. The company's Book Value per share increased to $10.00. Additionally, TPG Mortgage announced its proposed acquisition of Cherry Hill Mortgage Investment Corporation (CHMI) by merger, which management expects to significantly enhance scale and long-term earnings power.

TPG Mortgage Investment Trust, Inc. (MITT) announced a definitive merger agreement to acquire Cherry Hill Mortgage Investment Corporation (CHMI). CHMI stockholders will receive 0.3063 shares of MITT common stock and $0.93 in cash per share, valuing the transaction at $117.5 million, a 29% premium to CHMI's unaffected closing price. The merger is expected to strengthen MITT's residential mortgage platform, drive earnings accretion, and generate significant operational efficiencies. The transaction is anticipated to close in the fourth quarter of 2026, subject to stockholder and regulatory approvals.

TPG Mortgage Investment Trust, Inc. reported a net loss available to common stockholders of $8.72 million, or $(0.27) per basic and diluted share, for the three months ended March 31, 2026. This marks a significant decline from a net income of $6.17 million, or $0.21 per share, in the prior year period, primarily driven by a substantial net unrealized loss of $16.18 million. Despite an increase in net interest income, total assets decreased to $8.29 billion and total liabilities to $7.74 billion from December 31, 2025.

TPG Mortgage Investment Trust, Inc. (MITT) reported Q1 2026 financial results, with Earnings Available for Distribution (EAD) of $0.26 per diluted common share, which more than covered its recently increased quarterly common dividend of $0.24 per share. The company posted a net loss of $(0.27) per diluted common share and a book value of $9.97 per share. Management highlighted disciplined leverage and capital rotation into residential investments, positioning the company for increased earnings power in 2026.