TPG RE Finance Trust, Inc. (TRTX)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
---|---|---|---|---|
Revenue from real estate owned operations | 8,231 | 7,661 | 8,281 | |
Other income, net | 2,824 | 3,202 | 3,494 | |
Total other revenue | 11,055 | 10,863 | 11,775 | |
Interest income | 70,668 | 77,855 | 78,115 | |
Interest expense | 45,524 | 48,573 | 50,588 | |
Net interest income | 25,144 | 29,282 | 27,527 | |
Gain on sale of real estate owned, net | 6,970 | - | - | |
Stock compensation expense | 1,997 | 1,141 | 1,688 | |
Professional fees | 1,604 | 1,788 | 1,716 | |
Management fee | 5,194 | 5,107 | 5,044 | |
General and administrative | 989 | 1,063 | 1,186 | |
Servicing and asset management fees | 592 | 487 | 508 | |
Expenses from real estate owned operations | 10,256 | 8,600 | 8,882 | |
Total other expenses | 20,632 | 18,186 | 19,024 | |
Credit loss (expense) benefit, net | 1,778 | -301 | -4,537 | |
Income before income taxes | 20,759 | 22,260 | 24,815 | |
Income tax expense, net | 128 | 66 | 100 | |
Net income | 20,631 | 22,194 | 24,715 | |
Preferred stock dividends and participating securities' share in earnings | 3,750 | 3,518 | 3,689 | |
Net income attributable to common stockholders | 16,881 | 18,676 | 21,026 | |
Basic (in shares) | 79,474,862 | 80,925,851 | 79,456,745 | |
Diluted (in shares) | 80,208,877 | 81,365,205 | 80,907,705 | |
Earnings per common share, basic (in usd per share) | 0.21 | 0.23 | 0.26 | |
Earnings per common share, diluted (in usd per share) | 0.21 | 0.23 | 0.26 |