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Stock impact report

TRTX Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

TPG RE Finance Trust, Inc. (TRTX) 
Last tpg re finance trust, inc. earnings: 2/18 08:28 pm Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/5388379
Chief Financial Officer — Brandon Fox Chief Operating Officer — Ryan Roberto Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS GAAP Net Income -- $15.2 million for the quarter, marking the principal earnings metric disclosed for the period. Distributable Earnings -- $19.5 million or $0.25 per share, with a coverage ratio of 1.04x on the $0.24 per share dividend. Book Value Per Share -- $11.06 as of March 31, reflecting a $0.02 per share increase due to share repurchases. Share Repurchases -- 556,592 shares repurchased at a weighted average price of $8.06 per share, totaling $4.5 million in the quarter; over 1.0 million shares repurchased YTD through April 27 for $8.7 million at $8.07 per share. Loan Originations -- 2 loans originated with commitments totaling $148.4 million at a weighted average credit spread of 2.73%. Subsequent to quarter end, a hotel loan of $175.4 million was originated at a 3.0% credit spread. Loan Repayments -- $123.6 millio Show less Read more
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