TPG RE Finance Trust Inc. (TRTX) Reports Q1 Loss Per Share of 3.05
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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended, March 31, 2020
May 11, 2020 4:31 PM EDTNEW YORK--(BUSINESS WIRE)-- TPG RE Finance Trust, Inc. (NYSE: TRTX) (TRTX or the Company) reported its operating results for the quarter ended March 31, 2020. For the first quarter of 2020, GAAP net loss attributable to common stockholders was $233.1 million, net loss per diluted common share was $(3.05), and book value per common share at March 31, 2020 was $16.06.
FIRST QUARTER 2020 ACTIVITY
Generated GAAP net loss attributable to common stockholders of $233.1 million, or $(3.05) per diluted common share, based on a weighted average share count of 76.5 million common shares. Increased net interest margin on... More