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TPG RE Finance Trust, Inc. (TRTX)

For the quarter ending 2025-06-30, TRTX made $8,231K in revenue. $16,881K in net income. Net profit margin of 205.09%.

Overview

Revenue
$8,231K
Net Income
$16,881K
Net Profit Margin
205.09%
EPS
$0.21
Unit: Thousand (K) dollars
Revenue Breakdown
    • Minimum lease payments
    • Variable lease payments
    • Other revenue from reo

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
2024-06-30
Revenue from real estate owned operations8,231 7,661 8,281
Other income, net2,824 3,202 3,494
Total other revenue11,055 10,863 11,775
Interest income70,668 77,855 78,115
Interest expense45,524 48,573 50,588
Net interest income25,144 29,282 27,527
Gain on sale of real estate owned, net6,970 - -
Stock compensation expense1,997 1,141 1,688
Professional fees1,604 1,788 1,716
Management fee5,194 5,107 5,044
General and administrative989 1,063 1,186
Servicing and asset management fees592 487 508
Expenses from real estate owned operations10,256 8,600 8,882
Total other expenses20,632 18,186 19,024
Credit loss (expense) benefit, net1,778 -301 -4,537
Income before income taxes20,759 22,260 24,815
Income tax expense, net128 66 100
Net income20,631 22,194 24,715
Preferred stock dividends and participating securities' share in earnings3,750 3,518 3,689
Net income attributable to common stockholders16,881 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
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Minimum lease payments$7,385K Variable lease payments$830K Other revenue from reo$16K Total rental income$8,215K Interest income$70,668K (-9.53%↓ Y/Y)Other income, net$2,824K (-19.18%↓ Y/Y)Revenue from real estateowned operations$8,231K (-0.60%↓ Y/Y)Gain on sale of realestate owned, net$6,970K Net interest income$25,144K (-8.66%↓ Y/Y)Total other revenue$11,055K (-6.11%↓ Y/Y)Interest expense$45,524K (-10.01%↓ Y/Y)Income before incometaxes$20,759K (-16.34%↓ Y/Y)Total other expenses$20,632K (8.45%↑ Y/Y)Credit loss (expense)benefit, net$1,778K (139.19%↑ Y/Y)Net income$20,631K (-16.52%↓ Y/Y)Income tax expense, net$128K (28.00%↑ Y/Y)Expenses from real estateowned operations$10,256K (15.47%↑ Y/Y)Servicing and assetmanagement fees$592K (16.54%↑ Y/Y)General andadministrative$989K (-16.61%↓ Y/Y)Management fee$5,194K (2.97%↑ Y/Y)Professional fees$1,604K (-6.53%↓ Y/Y)Stock compensationexpense$1,997K (18.31%↑ Y/Y)Net incomeattributable to common...$16,881K (-19.71%↓ Y/Y)Preferred stock dividendsand participating...$3,750K (1.65%↑ Y/Y)