TPG RE Finance Trust reports Q2 2026 net income of $9.4 million, or $0.12 a share
TPG RE Finance Trust reported GAAP net income attributable to common stockholders of $9.4 million, or $0.12 per diluted share, and Distributable Earnings of $17.6 million, or $0.23 per share, for the quarter ended June 30, 2026. Book value per common share fell to $10.95 from $11.06 at March 31, 2026, and quarterly Distributable Earnings were below the $0.24 common dividend declared on June 12, 2026, though management said first-half Distributable Earnings fully covered the year-to-date dividend.
Key points
- GAAP net income attributable to common stockholders was $9.4 million, or $0.12 per diluted share, on 78.0 million diluted weighted average shares.
- Distributable Earnings were $17.6 million, or $0.23 per share, versus the $0.24 per share common dividend declared June 12, 2026.
- Book value per common share was $10.95 at June 30, 2026, compared with $11.06 at March 31, 2026.
- The company closed a $400.0 million Term Loan B due 2033 and a $100.0 million Revolving Credit Facility due 2031, and extended the Wells Fargo secured credit agreement to 2028 with capacity raised to $850.0 million.
The filing
Written by AI on Nov 9, 2026, 8:53 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 July 28, 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.