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

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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