TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026)
TPG RE Finance Trust (TRTX) reported Change in Net Loans of $84.4 million for Q1 2026, up 292.49% on a YoY basis from $21.5 million in Q1 2025, and down 82.8% quarter-over-quarter from $490.6 million in Q4 2025.
TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026) Analysis & Trends
TPG RE Finance Trust has reported Change in Net Loans for 11 years, with the latest figure at $84.4 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Net Loans rose 292.49% year-over-year to $84.4 million; the trailing twelve-month figure through Mar 2026 stood at $936.2 million (up 78.8% YoY), and the FY2025 full-year result was $983.9 million, up 10.91% from the prior year.
- Change in Net Loans for Q1 2026 stood at $84.4 million, down from $490.6 million in the prior quarter.
- The five-year high for Change in Net Loans was $1.0 billion in Q3 2022, with the low at -$824.1 million in Q4 2023.
- Historically, Change in Net Loans has averaged $209.3 million across 5 years, with a median of $110.2 million in 2024.
- The largest YoY upside for Change in Net Loans was 371.61% in 2023 against a maximum downside of 1533.86% in 2023.
- TPG RE Finance Trust's Change in Net Loans stood at $57.5 million in 2022, then tumbled by 1533.86% to -$824.1 million in 2023, then jumped by 113.37% to $110.2 million in 2024, then surged by 345.29% to $490.6 million in 2025, then plunged by 82.8% to $84.4 million in 2026.
- The last three Change in Net Loans figures came in at $84.4 million (Q1 2026), $490.6 million (Q4 2025), and $301.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Net Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 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 | - | 17,000.00 |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 565.67 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | TPG RE Finance Trust | 665.15 Mn | 573.15 Mn | - | 84.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.39 Mn |
| Dec 31, 2025 | 490.59 Mn |
| Sep 30, 2025 | 301.32 Mn |
| Jun 30, 2025 | 59.90 Mn |
| Mar 31, 2025 | 21.50 Mn |
| Dec 31, 2024 | 110.17 Mn |
| Sep 30, 2024 | 703.45 Mn |
| Jun 30, 2024 | -311.53 Mn |
| Mar 31, 2024 | 385.06 Mn |
| Dec 31, 2023 | -824.11 Mn |
| Sep 30, 2023 | 908.90 Mn |
| Jun 30, 2023 | -113.12 Mn |
| Mar 31, 2023 | 223.04 Mn |
| Dec 31, 2022 | 57.48 Mn |
| Sep 30, 2022 | 1.05 Bn |
| Jun 30, 2022 | 366.82 Mn |
| Mar 31, 2022 | 47.29 Mn |
| Dec 31, 2021 | 560.71 Mn |
| Sep 30, 2021 | 431.46 Mn |
| Jun 30, 2021 | 594.32 Mn |