TPG RE Finance Trust Inc. (TRTX) Tops Q1 EPS by 7c

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TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2021

May 4, 2021 5:15 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 March 31, 2021.

FIRST QUARTER 2021 ACTIVITY

GAAP net income attributable to common stockholders was $24.2 million, net income per diluted common share was $0.30 based on a diluted weighted average share count of 80.7 million common shares, and book value per common share on March 31, 2021 was $16.61. Net interest margin was $37.9 million during the three months ending March 31, 2021 compared to $40.6 million for the preceding quarter, a... More