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AI brief of an SEC Form 8-K · TPG Mortgage Investment Trust, Inc. (MITT)

MITT posts Q3 2026 net loss of $0.49 per share as book value falls 7.3%

Mixed Impact 3 of 5 earnings Written later

TPG Mortgage Investment Trust reported a third-quarter 2026 net loss available to common stockholders of $0.49 per diluted share, or $15.7 million, while earnings available for distribution (EAD) were $0.21 per share. Book value fell to $9.27 per share from $10.00 at June 30, 2026, a 7.3% decline, and the company's quarterly economic return on equity was (4.9)%. The results matter to shareholders because GAAP earnings and book value declined even as the company's non-GAAP distributable earnings measure was positive, and the pending Cherry Hill merger remains ahead.

Key points

  • Net loss available to common stockholders of $(0.49) per diluted share, or $(15,743) thousand, for the quarter ended September 30, 2026
  • EAD of $0.21 per diluted share; the company cited $2.0 million of transaction expenses tied to the Cherry Hill acquisition as a 0.6% drag on book value
  • Book value of $9.27 per share at September 30, 2026, down 7.3% from $10.00 at June 30, 2026
  • Third-quarter common dividend of $0.24 per share declared September 15, 2026; preferred dividends declared November 2, 2026

The filing

CompanyTPG Mortgage Investment Trust, Inc. (MITT)
Form8-K, current report
Filed with the SECNov 4, 2026, 6:30 AM ET
Accession number0001628280-26-069770

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.