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) Loans - Net (2016 - 2026)

TPG RE Finance Trust's (TRTX) quarterly Loans - Net came in at $4.2 billion in Q2 2026, up 14.46% on a YoY basis from $3.7 billion in Q2 2025, and up 4.63% quarter-over-quarter from $4.1 billion in Q1 2026.

Analysis

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

TPG RE Finance Trust (TRTX) has reported Loans - Net for 11 consecutive years, with $4.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Loans - Net rose 14.46% year-over-year to $4.2 billion; the trailing twelve-month figure through Jun 2026 stood at $4.2 billion (up 14.46% YoY), and the FY2025 full-year result was $4.0 billion, up 25.22% from the prior year.
  • Loans - Net improved to $4.2 billion in Q2 2026 per TRTX's latest filing, from $4.1 billion in the prior quarter.
  • Across five years, Loans - Net topped out at $5.1 billion in Q3 2022 and bottomed at $3.1 billion in Q2 2024.
  • Historically, Loans - Net has averaged $4.0 billion across 5 years, with a median of $3.9 billion in 2023.
  • The sharpest annual moves came in 2024 and 2026: Loans - Net plunged 30.09% in 2024, then climbed 26.48% in 2026.
  • Over 5 years, Loans - Net stood at $4.8 billion in 2022, then decreased by 28.69% to $3.4 billion in 2023, then fell by 5.65% to $3.2 billion in 2024, then advanced by 25.22% to $4.0 billion in 2025, then grew by 5.34% to $4.2 billion in 2026.
  • According to Business Quant data, Loans - Net over the past three periods registered $4.2 billion, $4.1 billion, and $4.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Loans - Net (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 7.28 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 - -
10 TPG RE Finance Trust 597.86 Mn 527.05 Mn - 4.24 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.24 Bn
Mar 31, 2026 4.06 Bn
Dec 31, 2025 4.03 Bn
Sep 30, 2025 3.57 Bn
Jun 30, 2025 3.71 Bn
Mar 31, 2025 3.21 Bn
Dec 31, 2024 3.22 Bn
Sep 30, 2024 3.19 Bn
Jun 30, 2024 3.13 Bn
Mar 31, 2024 3.30 Bn
Dec 31, 2023 3.41 Bn
Sep 30, 2023 3.74 Bn
Jun 30, 2023 4.30 Bn
Mar 31, 2023 4.71 Bn
Dec 31, 2022 4.78 Bn
Sep 30, 2022 5.09 Bn
Jun 30, 2022 4.62 Bn
Mar 31, 2022 5.07 Bn
Dec 31, 2021 4.87 Bn
Sep 30, 2021 4.70 Bn