NYSE$TRTX

TPG RE Finance Trust Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported operating results for the quarter ended March 31, 2022.

TPG RE Finance Trust, Inc. reported GAAP net income attributable to common stockholders of $20.4 million, or $0.25 per diluted common share. The company originated five first mortgage loans with total loan commitments of $233.0 million and ended the quarter with $384.2 million of total liquidity.

  • Generated GAAP net income attributable to common stockholders of $20.4 million, or $0.25 per diluted common share.
  • Declared a cash dividend of $0.24 per share of common stock.
  • Originated five first mortgage loans with total loan commitments of $233.0 million.
  • Ended the quarter with $384.2 million of total liquidity.

Headline financials

Total Revenue

$38.5M

Previous: $38M+1.5%
EPS (adj)

$0.33

Previous: $0.27+22.2%
Weighted Avg Risk Rating

3.1

No prior period
Allowance for Credit Losses

$51.1M

No prior period
Weighted Avg LTV

69.4%

No prior period
Free Cash Flow

$23.8M

Previous: $32M-25.6%
Net Income

$23.8M

Previous: $32M-25.6%
Operating Income

$12.5M

Previous: $14.9M-16.1%
Gross Profit

$33.7M

Previous: $33.9M-0.8%
Cash & Equivalents

$352M

Previous: $302M+16.6%
Total Assets

$5.52B

Previous: $5.27B+4.7%
Stock-Based Comp

$1.27M

Previous: $1.46M-13.0%

Revenue & EPS history

TRTX · Revenue · Quarterly

$38.5M

Q1 2022+1.5%vs Q1 2021
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-1.1%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+0.6%

Avg return

30 days after

45%

18 / 40 earnings

Positive

+14.2%

Q4 2023

Best reaction

-19.5%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%-0.4%+0.4%
Q4 2025-3.6%-5.3%-11.1%
Q3 2025-3.4%-1.9%+1.9%
Q1 2025+1.5%+1.5%+2.0%
Q4 2024-5.2%-4.4%-3.0%
Q3 2024+5.1%+4.5%+9.8%
Q2 2024-1.2%-4.3%+2.8%
Q1 2024+8.8%+9.7%+12.1%
Q4 2023+14.2%+21.2%+40.2%
Q3 2023-7.7%-4.2%+3.5%
Q2 2023-12.1%-8.2%-3.6%
Q1 2023-19.5%-19.4%-7.8%
Q4 2022+10.8%+7.8%-15.8%
Q3 2022-14.5%-20.3%-11.0%
Q2 2022-5.2%-7.1%-17.0%
Q1 2022+4.8%+1.3%+1.0%
Q4 2021-5.1%-3.4%-2.4%
Q3 2021-2.8%+0.5%-6.5%
Q2 2021-2.6%-0.5%-3.5%
Q1 2021-0.3%+3.7%+5.5%
Q4 2020-5.2%-1.3%+2.3%
Q3 2020+0.6%+5.6%+33.0%
Q2 2020+5.3%+3.0%+9.4%
Q1 2020-9.8%-17.8%+25.1%
Q4 2019+0.4%+0.8%-63.8%
Q3 2019+2.5%+1.6%+2.0%
Q2 2019-0.2%-0.3%-1.6%
Q1 2019-0.4%+1.7%-1.7%
Q4 2016+0.2%+0.1%-2.3%
Q4 2018-0.6%-0.1%-0.7%
Q3 2018+0.2%+1.0%-1.5%
Q2 2018-0.5%-5.8%+0.1%
Q1 2017+0.7%+0.4%+2.9%
Q1 2018+0.7%+0.4%+2.9%
Q2 2017+0.1%+0.3%+6.1%
Q4 2017+0.1%+0.3%+6.1%
Q4 2015+0.1%+0.3%+6.1%
Q3 2016-0.8%-0.9%-0.6%
Q3 2017-0.8%-0.9%-0.6%
Q2 2016+2.7%+3.4%+2.0%
Q1 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro