TPG RE Finance Trust (TRTX-PC) Loans - Net (2016 - 2026)
TPG RE Finance Trust (TRTX-PC) reported Loans - Net of $4.1 billion for Q1 2026, up 26.48% on a YoY basis from $3.2 billion in Q1 2025, and up 0.68% quarter-over-quarter from $4.0 billion in Q4 2025.
TPG RE Finance Trust (TRTX-PC) Loans - Net (2016 - 2026) Analysis & Trends
TPG RE Finance Trust has reported Loans - Net for 11 years, with the latest figure at $4.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Loans - Net rose 26.48% year-over-year to $4.1 billion; the trailing twelve-month figure through Mar 2026 stood at $4.1 billion (up 26.48% YoY), and the FY2025 full-year result was $4.0 billion, up 25.22% from the prior year.
- Loans - Net for Q1 2026 stood at $4.1 billion, up from $4.0 billion in the prior quarter.
- The five-year high for Loans - Net was $5.1 billion in Q3 2022, with the low at $37.1 million in Q3 2024.
- Historically, Loans - Net has averaged $3.0 billion across 5 years, with a median of $3.4 billion in 2023.
- Annual changes were most pronounced in 2023 — Loans - Net tumbled 99.13% — and 2025, when it soared 9513.67%.
- TPG RE Finance Trust's Loans - Net stood at $4.8 billion in 2022, then fell by 28.69% to $3.4 billion in 2023, then dropped by 5.65% to $3.2 billion in 2024, then rose by 25.22% to $4.0 billion in 2025, then grew by 0.68% to $4.1 billion in 2026.
- The last three Loans - Net figures came in at $4.1 billion (Q1 2026), $4.0 billion (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 7.23 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | TPG RE Finance Trust | - | - | - | 4.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.06 Bn |
| Mar 31, 2026 | 4.06 Bn |
| Dec 31, 2025 | 4.03 Bn |
| Dec 31, 2025 | 4.03 Bn |
| Sep 30, 2025 | 3.57 Bn |
| Sep 30, 2025 | 3.57 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.21 Bn |
| Mar 31, 2025 | 3.21 Bn |
| Dec 31, 2024 | 3.22 Bn |
| Dec 31, 2024 | 3.22 Bn |
| Sep 30, 2024 | 37.10 Mn |
| Sep 30, 2024 | 37.10 Mn |
| Jun 30, 2024 | 3.13 Bn |
| Jun 30, 2024 | 3.13 Bn |
| Mar 31, 2024 | 3.30 Bn |
| Mar 31, 2024 | 3.30 Bn |
| Dec 31, 2023 | 3.41 Bn |
| Dec 31, 2023 | 3.41 Bn |