TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Change in Net Loans came in at $134.1 million in Q1 2026, down 83.98% quarter-over-quarter from $836.7 million in Q4 2025.
TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026) Analysis & Trends
TPG RE Finance Trust's Change in Net Loans history runs 11 years deep, the most recent figure standing at $134.1 million for Q1 2026.
- On a quarterly basis, Change in Net Loans changed N/A year-over-year to $134.1 million in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 206.83% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 256.56% from the prior year.
- Change in Net Loans declined to $134.1 million in Q1 2026 per TRTX's latest filing, from $836.7 million in the prior quarter.
- Across five years, Change in Net Loans topped out at $926.9 million in Q3 2022 and bottomed at $36.8 million in Q3 2023.
- The 5-year median for Change in Net Loans is $166.2 million (2024), against an average of $250.2 million.
- Across the five-year window, Change in Net Loans surged 503.57% in 2022 and slumped 96.03% in 2023, its largest moves.
- Year by year, Change in Net Loans stood at $57.5 million in 2022, then retreated by 16.5% to $48.0 million in 2023, then jumped by 364.93% to $223.1 million in 2024, then jumped by 275.02% to $836.7 million in 2025, then tumbled by 83.98% to $134.1 million in 2026.
- Per Business Quant, the three latest TRTX Change in Net Loans figures stand at $134.1 million (Q1 2026), $836.7 million (Q4 2025), and $262.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 565.67 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | TPG RE Finance Trust | 664.36 Mn | 572.36 Mn | - | 134.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 134.06 Mn |
| Dec 31, 2025 | 836.75 Mn |
| Sep 30, 2025 | 262.48 Mn |
| Jun 30, 2025 | 59.90 Mn |
| Dec 31, 2024 | 223.12 Mn |
| Sep 30, 2024 | 198.35 Mn |
| Mar 31, 2024 | 73.52 Mn |
| Dec 31, 2023 | 47.99 Mn |
| Sep 30, 2023 | 36.79 Mn |
| Mar 31, 2023 | 109.92 Mn |
| Dec 31, 2022 | 57.48 Mn |
| Sep 30, 2022 | 926.88 Mn |
| Jun 30, 2022 | 311.18 Mn |
| Mar 31, 2022 | 223.87 Mn |
| Dec 31, 2021 | 560.71 Mn |
| Sep 30, 2021 | 431.46 Mn |
| Jun 30, 2021 | 594.32 Mn |
| Mar 31, 2021 | 37.09 Mn |
| Mar 31, 2020 | 351.65 Mn |
| Dec 31, 2019 | 558.70 Mn |