TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026)
TPG RE Finance Trust's Change in Net Loans was $449.33 million in Q2 2026, down 32.5% from $665.74 million a year earlier but up 235.2% from the prior quarter.
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Analysis
TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, TPG RE Finance Trust's Change in Net Loans was $1.68 billion through Jun 30, 2026, up 54.8% year-over-year; for FY2025, it came in at $1.76 billion, up 256.6% from FY2024.
- Change in Net Loans shows a five-year compound annual growth rate of 38.1% (FY2020 to FY2025).
- In earlier years, Change in Net Loans was $495 million in FY2024 (+154.2%), $194.71 million in FY2023 (-87.2%), $1.52 billion in FY2022 (-6.4%) and $1.62 billion in FY2021 (+361.7%).
- Quarterly Change in Net Loans has moved between $36.79 million (Q3 2023) and $926.88 million (Q3 2022) over five years.
- Compared with a year earlier, Change in Net Loans was higher in four of the last five quarters, with growth averaging 215.8%.
- The best year-over-year quarter for Change in Net Loans over five years was Q1 2022 (growth of 503.6%); the worst was Q3 2023 (a decline of 96.0%).
- Per Business Quant data, TRTX's Change in Net Loans in the three quarters before Q2 2026 was $134.06 million (Q1 2026), $836.75 million (Q4 2025) and $262.48 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.79 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | TPG RE Finance Trust | 481.93 Mn | 89.70 Mn | - | 449.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 449.33 Mn |
| Mar 31, 2026 | 134.06 Mn |
| Dec 31, 2025 | 836.75 Mn |
| Sep 30, 2025 | 262.48 Mn |
| Jun 30, 2025 | 665.74 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 |
API Access
TPG RE Finance Trust Change in Net Loans API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-net-loans&ticker=TRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-net-loans", "ticker": "TRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-net-loans&ticker=TRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();