NYSE$TRTX
TPG RE Finance Trust Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported operating results for the quarter ended March 31, 2024.
TPG RE Finance Trust reported a net income of $13.1 million, or $0.17 per common share, ended the quarter with $371 million of available liquidity and a 100% performing loan portfolio, and the Board of Directors approved a common stock share repurchase plan of up to $25 million.
- Recognized GAAP net income attributable to common stockholders of $13.1 million, or $0.17 per common share.
- Declared a cash dividend of $0.24 per share of common stock.
- Originated three first mortgage loans with total loan commitments of $116.3 million.
- Received loan repayments of $227.8 million, including five full loan repayments of $211.3 million.
Headline financials
Revenue & EPS history
TRTX · Revenue · Quarterly
$38.9M
Forward guidance
The company focuses on asset management and opportunistically deploying capital to drive long term shareholder value.
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 2024
-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
| Quarter | Report date | Reaction (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 | — | — | — |
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