TPG RE Finance Trust Inc. (TRTX) Tops Q2 EPS by 25c

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Go back to TPG RE Finance Trust Inc. (TRTX) Tops Q2 EPS by 25c

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended, June 30, 2020

July 29, 2020 4:38 PM EDT

NEW YORK--(BUSINESS WIRE)-- TPG RE Finance Trust, Inc. (NYSE: TRTX) (TRTX or the Company) reported its operating results for the quarter ended June 30, 2020. For the second quarter of 2020, GAAP net income attributable to common stockholders was $40.1 million, net income per diluted common share was $0.52, and book value per common share at June 30, 2020 was $16.55.

SECOND QUARTER 2020 ACTIVITY

Generated GAAP net income attributable to common stockholders of $40.1 million, or $0.52 per diluted common share, based on a weighted average share count of 76.6 million common shares. Increased net interest margin to $44.2... More