TPG RE Finance Trust

TPG RE Finance Trust, Inc. is a holding company, which engages in the provision of commercial real estate finance services. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company was founded on October 24, 2014 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TPG RE Finance Trust excels in Q4 2022 performance and strategic asset management

TRTX's Q4 2022 performance reflects financial strength, strategic asset management, and proactive measures to maximize shareholder value amidst market challenges.
The company's stability-focused portfolio strategy, liquidity position, and diverse loan portfolio position it well to navigate market uncertainties and capitalize on growth opportunities.
Challenges in the office sector and managing risk-rated loans require careful risk management and strategic decision-making by TRTX for sustained growth and resilience.
Opportunities in leveraging market conditions, borrower support, and diverse real estate sectors offer avenues for TRTX to enhance its portfolio and drive future growth.

TPG RE Finance Trust (TRTX) navigates real estate challenges in Q1 2023

TPG RE Finance Trust (TRTX) faced challenges in real estate markets but maintained stable CECL reserve and liquidity, focusing on proactive asset management.
Despite financial declines, TRTX emphasized creating value through strategic management, highlighting a commitment to shareholder value and long-term sustainability.
Market challenges necessitated a focus on maintaining liquidity and maximizing shareholder value, with opportunities existing in strategic asset management and financing.
TRTX's Q1 2023 performance showcased resilience amidst challenges, with a strategic focus on risk management and value creation for shareholders.

TPG RE Finance Trust reports Q2 loss, focuses on liquidity and recovery

TPG RE Finance Trust faced challenges with underperformance in commercial real estate and a decline in distributable earnings. However, the company maintained strong liquidity levels and is focused on resolving credit-challenged loans to maximize recovery. Anticipated earnings volatility presents opportunities for strategic capital deployment.

TPG RE Finance Trust faces market challenges but shows resilience

TPG RE Finance Trust navigated a tough market environment in Q3 2023, reporting a net loss and declining distributable earnings. Despite challenges, the company showed strength in reducing office exposure, managing liquidity effectively, and proactively addressing credit-challenged loans. Analyst interest in dividend sustainability and credit trends highlights areas for continued focus and improvement.

TPG RE Finance Trust achieves strong Q4 performance amidst challenges

TRTX navigates market uncertainties with confidence, focusing on maintaining strong liquidity and low leverage. The company's performance metrics reflect a strategic approach to managing risks and seizing growth opportunities. Challenges in real estate credit spreads and dividend policy evaluation are being addressed proactively.

TPG RE Finance Trust (TRTX) reports solid Q1 performance

TPG RE Finance Trust (TRTX) delivered a solid performance in Q1 2024, focusing on risk management, liquidity, and capital deployment.
Despite challenges from tight credit spreads and inflation, the company maintains strong credit quality and significant liquidity levels.
Opportunities for growth lie in new investments, thematic strategies, and leveraging the share repurchase plan to enhance earnings and signal confidence.

TPG RE Finance Trust (TRTX) reports solid Q3 earnings and eyes growth opportunities

TPG RE Finance Trust (TRTX) delivered a strong performance in Q3 2024, with a focus on active capital deployment and prudent risk management. The company's strategic positioning in the real estate credit market, stable loan portfolio composition, and commitment to optimizing shareholder value highlight its resilience and growth potential. TRTX faces challenges in balancing growth and risk management but has opportunities to leverage its strengths for future expansion.

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TPG RE Finance Trust, Inc. (TRTX) on Q3 2021 Results - Earnings Call Transcript

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 17.86% and 7.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

TPG RE Finance Trust (TRTX) Tops Q3 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended September 30, 2021. THIRD QUARTER 2021 ACTIVITY GAAP net income attributable to common stockholders was $26.0 million, net income per diluted common share was $0.32 based on a diluted weighted average share count of 82.0 million common shares, and book value per common share on September 30, 2021 was $16.15. Declared on September 13, 2021 a dividend o

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended September 30, 2021

TPG RE Finance Trust (NYSE:TRTX) is set to give its latest quarterly earnings report on Tuesday, 2021-11-02. Here's what investors need to know before the announcement.

TPG RE Finance Trust's Earnings: A Preview

TPG RE Finance Trust (TRTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: TPG RE Finance Trust (TRTX) Q3 Earnings Expected to Decline

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the third quarter of 2021 and file its Form 10-Q and earnings supplemental after the market close on Tuesday, November 2, 2021. CONFERENCE CALL AND WEBCAST INFORMATION The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 10:00 a.m. ET on Wednesday, November 3, 2021. To part

TPG RE Finance Trust, Inc. Announces Third Quarter 2021 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced that senior members of its management team are scheduled to conduct virtual meetings with investors at the Bank of America Merrill Lynch 2021 Global Real Estate Virtual Conference on September 21, 2021. The Company's presentation will be available on the Investor Relations section of TRTX's website at http://investors.tpgrefinance.com/event. ABOUT TRTX TPG RE Finance Trust, Inc. is a commercial re

TPG RE Finance Trust, Inc. to Participate in the Bank of America Merrill Lynch 2021 Global Real Estate Virtual Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that on September 13, 2021, the Company's Board of Directors declared a cash dividend of $0.24 per share of common stock for the third quarter of 2021. The dividend will be paid on October 22, 2021 to common stockholders of record as of September 29, 2021. On September 13, 2021, the Company's Board of Directors also declared a cash dividend of $0.4601 per share of 6.25% Series C Cumulati

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock and Series C Cumulative Redeemable Preferred Stock

TPG RE Finance Trust, Inc. (TRTX) on Q2 2021 Results - Earnings Call Transcript

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 8.00% and 10.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

TPG RE Finance Trust (TRTX) Beats Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended June 30, 2021. SECOND QUARTER 2021 ACTIVITY GAAP net income was $32.4 million during the three months ending June 30, 2021, compared to $32.0 million for the preceding quarter, an increase of $0.4 million, or 1.3%. Net interest margin was $39.9 million during the three months ending June 30, 2021, compared to $37.9 million for the preceding quarter, a

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2021

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the second quarter 2021 and file its Form 10-Q and earnings supplemental after the market close on Tuesday, August 3rd, 2021. CONFERENCE CALL AND WEBCAST INFORMATION The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 10:00 a.m. ET on Wednesday, August 4th, 2021. To partic

TPG RE Finance Trust, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Dates

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New Preferred Stock IPOs, June 2021

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced the redemption of its 11% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”). The Company redeemed all 9,000,000 outstanding shares of the Series B Preferred Stock at an aggregate redemption price of approximately $247.5 million. As a result of the redemption, dividends will no longer accrue or be declared on any shares of Series B Preferred Stock, and no shares of Ser

TPG RE Finance Trust, Inc. Announces Redemption of 11% Series B Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced that on June 14, 2021, the Company's Board of Directors declared a cash dividend of $0.20 per share of common stock for the second quarter of 2021. The dividend will be paid on July 23, 2021 to common stockholders of record as of June 28, 2021. On June 14, 2021, the Company's Board of Directors also declared a cash dividend of $0.69 per share of 11% Series B Cumulative Redeemable Preferred Sto

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock and Series B Cumulative Redeemable Preferred Stock

Does TPG RE Finance Trust (TRTX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why TPG RE Finance Trust (TRTX) is a Great Choice

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced that it will participate in the 2021 Nareit REITweek Virtual Investor Conference on Wednesday June 9th, including hosting virtual meetings with investors. In addition, Matthew Coleman, President, will participate in a fireside chat hosted by Stephen Laws of Raymond James at 4:00 PM ET on Wednesday. A live audio webcast of the presentation will be available on the Investor Relations section of TRTX

TPG RE Finance Trust, Inc. to Present at the 2021 Nareit REITweek Virtual Investor Conference

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the pricing of a public offering of 7,000,000 shares of its 6.25% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) at a public offering price of $25.00 per share. TRTX also granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of the Series C Preferred Stock at the public offering price, less underwriting discounts and co

TPG RE Finance Trust, Inc. Announces Pricing of Public Offering of 6.25% Series C Cumulative Redeemable Preferred Stock

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the launch of a public offering of shares of its Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) with a $25.00 per share liquidation preference. TRTX intends to use the net proceeds from the offering to partially fund the redemption of all of the outstanding shares of the Company's Series B Cumulative Redeemable Preferred Stock. TRTX intends to file an app

TPG RE Finance Trust, Inc. Announces Launch of Public Offering of Series C Cumulative Redeemable Preferred Stock

TPG RE Finance Trust's (TRTX) Management on Q1 2021 Results - Earnings Call Transcript

TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 35.00% and 2.50%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

TPG RE Finance Trust (TRTX) Q1 Earnings and Revenues Beat Estimates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended March 31, 2021. FIRST QUARTER 2021 ACTIVITY GAAP net income attributable to common stockholders was $24.2 million, net income per diluted common share was $0.30 based on a diluted weighted average share count of 80.7 million common shares, and book value per common share on March 31, 2021 was $16.61. Net interest margin was $37.9 million during the th

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2021

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the first quarter 2021 and file its Form 10-Q and earnings supplemental after the market close on Tuesday, May 4th, 2021. CONFERENCE CALL AND WEBCAST INFORMATION The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 10:00 a.m. ET on Wednesday, May 5th, 2021. To participate i

TPG RE Finance Trust, Inc. Announces First Quarter 2021 Earnings Release and Conference Call Dates

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that it closed TRTX 2021-FL4, a $1.25 billion managed Commercial Real Estate Collateralized Loan Obligation ("CRE CLO"). The Company placed $1.04 billion of investment grade bonds with institutional investors, providing TRTX with term financing on a non-mark-to-market, non-recourse basis. TRTX 2021-FL4 includes a two-year reinvestment period, an advance rate of 83%, a $308.9 million “ram

TPG RE Finance Trust, Inc. Closes $1.25 Billion Commercial Real Estate CLO

NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that on March 25, 2021 the Company priced TRTX 2021-FL4, a $1.25 billion managed Commercial Real Estate Collateralized Loan Obligation ("CRE CLO"). The Company placed $1.04 billion of investment grade bonds with institutional investors, providing TRTX with term financing on a non-mark-to-market, non-recourse basis. TRTX 2021-FL4 includes a two-year reinvestment period, an advance rate of

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