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
DateValue
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