TPG RE Finance Trust, Inc. reported Q4 2025 GAAP net income attributable to common stockholders of $0.2 million ($0.00/share) and Distributable Earnings of $18.5 million ($0.24/share). The Company originated $927 million in loan commitments, received $378 million in repayments, and maintained a 100% performing loan portfolio.
Key takeaways
Q4 2025 GAAP net income attributable to common stockholders was $0.2 million, or $0.00 per diluted share.
Q4 2025 Distributable Earnings were $18.5 million, or $0.24 per diluted share.
Originated nine first mortgage loans with $927.0 million in total commitments at a weighted average interest rate of Term SOFR plus 2.66%.
Received six full loan repayments totaling $378.3 million.
Declared a cash dividend of $0.24 per share of common stock on December 12, 2025, payable on January 23, 2026.
Book value per common share was $11.07 as of December 31, 2025, compared to $11.25 at September 30, 2025.