TPG RE Finance Trust, Inc. Q3 2025 Earnings Release

TPG RE Finance Trust, Inc. (TRTX) reported its financial results for the third quarter ended September 30, 2025. The company recognized GAAP net income attributable to common stockholders of $18.4 million, or $0.23 per common share. Distributable Earnings for the quarter were $19.9 million, or $0.25 per common share. TRTX declared a cash dividend of $0.24 per share of common stock, which was paid on October 24, 2025. The company repurchased 1,117,024 shares of common stock at a weighted average price of $8.29 per share, totaling $9.3 million. TRTX originated $279.2 million of total loan commitments and received loan repayments of $415.8 million during the quarter. The company's loan portfolio remained 100% performing, with a weighted average risk rating of 3.0. TRTX also announced the pricing of TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation, expected to close on or around November 17, 2025.