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Stock impact report

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2024

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
Company Research Source: Business Wire
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, 2024.Regarding first quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: “We ended the quarter with $371 million of available liquidity and a 100% performing loan portfolio. As part of our capital allocation strategy, on April 25 our Board of Directors approved a common stock share repurchase plan of up to $25 million. We continue to focus on asset management and opportunistically deploying capital to drive long term shareholder value.”FIRST QUARTER 2024 ACTIVITYRecognized GAAP net income attributable to common stockholders of $13.1 million, or $0.17 per common share, based on a diluted weighted average share count of 77.9 million common shares. Book value per common share was $11.81 as of March 31, 2024.Declared on March 15, 2024 a cash dividend of $0.24 per share of common stock which was paid on April 25, Show less Read more
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