TPG RE Finance Trust (TRTX) Loans - Gross (2019 - 2026)
TPG RE Finance Trust's (TRTX) quarterly Loans - Gross came in at $4.1 billion in Q1 2026, up 26.24% year-on-year from $3.3 billion in Q1 2025, and up 0.66% quarter-over-quarter from $4.1 billion in Q4 2025.
TPG RE Finance Trust (TRTX) Loans - Gross (2019 - 2026) Analysis & Trends
TPG RE Finance Trust's Loans - Gross history runs 8 years deep, the most recent figure standing at $4.1 billion for Q1 2026.
- On a quarterly basis, Loans - Gross rose 26.24% year-over-year to $4.1 billion in Q1 2026; TTM through Mar 2026 was $4.1 billion, a 26.24% increase from a year earlier, with the FY2025 full-year figure at $4.1 billion, up 25.15% from the prior year.
- Loans - Gross improved to $4.1 billion in Q1 2026 per TRTX's latest filing, from $4.1 billion in the prior quarter.
- Across five years, Loans - Gross topped out at $5.3 billion in Q3 2022 and bottomed at $3.2 billion in Q2 2024.
- The 5-year median for Loans - Gross is $4.0 billion (2023), against an average of $4.1 billion.
- Across the five-year window, Loans - Gross plunged 31.51% in 2024 and grew 26.24% in 2026, its largest moves.
- Year by year, Loans - Gross stood at $5.0 billion in 2022, then slumped by 30.17% to $3.5 billion in 2023, then dropped by 5.7% to $3.3 billion in 2024, then rose by 25.15% to $4.1 billion in 2025, then grew by 0.66% to $4.1 billion in 2026.
- Per Business Quant, the three latest TRTX Loans - Gross figures stand at $4.1 billion (Q1 2026), $4.1 billion (Q4 2025), and $3.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Gross (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 12.58 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 | - | - |
| 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 | - | 4.13 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.13 Bn |
| Dec 31, 2025 | 4.10 Bn |
| Sep 30, 2025 | 3.63 Bn |
| Jun 30, 2025 | 3.77 Bn |
| Mar 31, 2025 | 3.27 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Sep 30, 2024 | 3.26 Bn |
| Jun 30, 2024 | 3.20 Bn |
| Mar 31, 2024 | 3.37 Bn |
| Dec 31, 2023 | 3.48 Bn |
| Sep 30, 2023 | 3.95 Bn |
| Jun 30, 2023 | 4.55 Bn |
| Mar 31, 2023 | 4.92 Bn |
| Dec 31, 2022 | 4.98 Bn |
| Sep 30, 2022 | 5.30 Bn |
| Jun 30, 2022 | 4.70 Bn |
| Mar 31, 2022 | 5.13 Bn |
| Dec 31, 2021 | 4.91 Bn |
| Sep 30, 2021 | 4.75 Bn |
| Jun 30, 2021 | 4.83 Bn |