TPG RE Finance Trust Inc. (TRTX) Tops Q3 EPS by 11c

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

November 4, 2020 4:41 PM EST

NEW YORK--(BUSINESS WIRE)-- TPG RE Finance Trust, Inc. (NYSE: TRTX) (TRTX or the Company) reported its operating results for the quarter ended September 30, 2020.

THIRD QUARTER 2020 ACTIVITY

GAAP net income attributable to common stockholders was $30.8 million, net income per diluted common share was $0.39 based on a diluted weighted average share count of 78.3 million common shares, and book value per common share at September 30, 2020 was $16.78. Increased net interest margin to $48.4 million during the three months ending September 30, 2020 compared to $44.5 million for the three months ended September 30, 2019 and $44.2 million... More