TPG RE Finance Trust TRTX
NYSE TRTX
$7.72 -0.16 (-2.09%)
As of: Sep 8, 2026 · 3:59 PM EDT

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 $449.3 million in Q2 2026, up 650.13% on a YoY basis from $59.9 million in Q2 2025, and up 235.16% quarter-over-quarter from $134.1 million in Q1 2026.

Analysis

TPG RE Finance Trust (TRTX) Change in Net Loans (2016 - 2026) Analysis & Trends

TPG RE Finance Trust (TRTX) has reported Change in Net Loans for 11 consecutive years, with $449.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Change in Net Loans rose 650.13% year-over-year to $449.3 million; the trailing twelve-month figure through Jun 2026 stood at $1.7 billion (up 249.55% YoY), and the FY2025 full-year result was $1.8 billion, up 256.56% from the prior year.
  • Change in Net Loans rose to $449.3 million in Q2 2026 per TRTX's latest filing, from $134.1 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.
  • Historically, Change in Net Loans has averaged $263.4 million across 5 years, with a median of $198.4 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Change in Net Loans tumbled 96.03% in 2023, then soared 650.13% in 2026.
  • Over 5 years, Change in Net Loans stood at $57.5 million in 2022, then decreased by 16.5% to $48.0 million in 2023, then surged by 364.93% to $223.1 million in 2024, then surged by 275.02% to $836.7 million in 2025, then slumped by 46.3% to $449.3 million in 2026.
  • According to Business Quant data, Change in Net Loans over the past three periods registered $449.3 million, $134.1 million, and $836.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Net Loans (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - -
2 AGNC Investment 12.43 Bn 11.10 Bn - -
3 Starwood Property Trust 5.84 Bn 3.67 Bn - -
4 Rithm Capital 5.57 Bn 5.57 Bn - -
5 Dynex Capital 2.88 Bn 2.27 Bn - -
6 Two Harbors Investment 2.65 Bn 2.01 Bn - -
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - -
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 514.89 Mn
10 TPG RE Finance Trust 597.86 Mn 527.05 Mn - 449.33 Mn
Historic Data

Historic Data

Download Data
DateValue
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