TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026)
TPG RE Finance Trust (TRTX) posted quarterly Change in Net Loans of $449.3 million for Q2 2026, up 650.13% year-over-year from $59.9 million in Q2 2025, and up 235.16% quarter-over-quarter from $134.1 million in Q1 2026.
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 $449.3 million for Q2 2026.
- In Q2 2026, Change in Net Loans rose 650.13% year-over-year to $449.3 million; the TTM figure through Jun 2026 stood at $1.7 billion (up 249.55% YoY), while the FY2025 annual figure was $1.8 billion, up 256.56% from the prior year.
- Change in Net Loans for Q2 2026 stood at $449.3 million, up from $134.1 million in the prior quarter.
- The five-year high for Change in Net Loans was $926.9 million in Q3 2022, with the low at $36.8 million in Q3 2023.
- The 5-year median for Change in Net Loans is $198.4 million (2024), against an average of $263.4 million.
- The sharpest annual moves came in 2023 and 2026: Change in Net Loans sank 96.03% in 2023, then jumped 650.13% in 2026.
- TPG RE Finance Trust's Change in Net Loans stood at $57.5 million in 2022, then fell by 16.5% to $48.0 million in 2023, then soared by 364.93% to $223.1 million in 2024, then soared by 275.02% to $836.7 million in 2025, then plunged by 46.3% to $449.3 million in 2026.
- Business Quant data shows TRTX's Change in Net Loans at $449.3 million in Q2 2026, $134.1 million in Q1 2026, and $836.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 514.89 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | TPG RE Finance Trust | 607.49 Mn | 536.68 Mn | - | 449.33 Mn |
Historic Data
Download 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 | 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 |