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
DateValue
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