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
DateValue
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