业绩总结 - TPG RE Finance Trust的贷款投资组合总额为34亿美元[6] - 2025年第一季度净收入为1000万美元，稀释后每股分配收益为0.24美元[23] - 2025年第一季度的GAAP每股收益为0.12美元[6] - 2025年第一季度可分配收益为19395千美元，较2024年第四季度的7826千美元增长147.8%[56] - 2025年第一季度的净收入较2024年第四季度增长28.5%[56] 用户数据 - 截至2025年3月31日，贷款未偿本金余额为32.76亿美元，总股东权益为11.03亿美元[15] - 贷款组合中，浮动利率贷款占比为99.7%[30] - 贷款组合中，办公物业占比为17.3%，多户住宅占比为52.3%[35] - 2025年第一季度的贷款数量为45笔，风险评级为3.0[1] 财务指标 - 公司的流动性为4.576亿美元，债务与股本比率为2.2倍[6] - 2025年3月31日的每股账面价值为11.19美元[6] - 年化分红收益率为12.5%[6] - 加权平均风险评级为3.0，平均信贷利差为8.22%[6] - 公司的CECL准备金为6720万美元，较2024年12月31日的6400万美元增加了320万美元[42] 未来展望 - 潜在的总贷款投资能力在不同目标杠杆比率下分别为35.64亿美元（2.50:1）、38.62亿美元（3.00:1）和49.66亿美元（3.50:1）[15] - 预计在8.5%的资产级别投资回报率下，潜在的增量年收益为810万美元（2.23:1）、1740万美元（2.50:1）和2670万美元（3.00:1）[16] - 截至2025年3月31日，贷款投资能力利用率为87.7%（2.23:1）、76.7%（2.50:1）和68.2%（3.00:1）[15] 股票回购 - 从2025年1月1日至2025年5月30日，公司回购了2038185股普通股，平均回购价格为每股7.68美元，总支出为1570万美元[20] - 截至2025年5月30日，公司在股票回购计划下剩余的回购能力为930万美元[20] 其他信息 - TPG管理的资产总额为2510亿美元[10] - 公司的非市场标记融资自2022年12月以来增长了24%[46] - 现金流动性要求最低现金流动性不低于1500万美元或Holdco的5%追索债务[61] - 债务与股本比率不得超过4.25:1[61] - 有形净资产要求为10亿美元，加上75%的后续股权发行（扣除折扣、佣金和费用）[61]

TPG RE Finance Trust (TRTX) - 公司专注于发放由商业地产支持的贷款 其净资产价值(NAV)在美联储抗击后疫情通胀的三年间呈现波动 [1] - 作为抵押型REIT 公司业务模式受利率政策影响显著 需关注长期利率环境变化对NAV的影响 [1] 股票市场机制 - 股市通过每日价格波动的长期累积效应 形成显著的财富创造或毁灭机制 [1] - Pacifica Yield投资策略聚焦于被低估的高增长企业 高股息标的 REITs及绿色能源公司 以实现长期财富积累 [1] （注：文档2和3涉及分析师持仓声明及平台免责条款 根据任务要求不予总结）

TPG RE Finance Trust (TRTX) Q1 2025 Earnings Call April 30, 2025 09:00 AM ET Company Participants None - ExecutiveDoug Bouquard - CEORobert Foley - Chief Financial OfficerJohn Nickodemus - Vice President, Equity Research Conference Call Participants Steven Delaney - AnalystNone - Analyst Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to TPG Real Estate Finance Trust First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen ...

TPG RE Finance Trust (TRTX) Q1 2025 Earnings Call April 30, 2025 09:00 AM ET Company Participants None - ExecutiveDoug Bouquard - CEORobert Foley - Chief Financial OfficerJohn Nickodemus - Vice President, Equity Research Conference Call Participants Steven Delaney - AnalystNone - Analyst Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to TPG Real Estate Finance Trust First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen ...

TPG RE Finance Trust (TRTX) Q1 2025 Earnings Call April 30, 2025 09:00 AM ET Speaker0 Good morning, ladies and gentlemen, and thank you for standing by. Welcome to TPG Real Estate Finance Trust First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. It is now my pleasure to turn the call over to management. Thank you. You may begin. Sp ...

TPG RE Finance Trust (TRTX) reported $37.03 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 4.9%. EPS of $0.24 for the same period compares to $0.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $37.24 million, representing a surprise of -0.56%. The company delivered an EPS surprise of -7.69%, with the consensus EPS estimate being $0.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

TPG RE Finance Trust (TRTX) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.69%. A quarter ago, it was expected that this commercial real estate finance company would post earnings of $0.28 per share when it actually produced earnings of $0.10, delivering a surprise of -64.29%.Over ...

Exhibit 99.2 First Quarter 2025 Supplemental Information April 29, 2025 喜 REAL ESTATE FINANCE TRUST Forward-Looking Statements and Other Disclosures This meantation contains (fromand-Adobing statements within the manine of Section 274 of the Securities Act of 1933, as arentels and Section 2016 of the Securities Suchange with researct to annone pthere thine, our personations and francial regions and frances four can deptrilie there froungelo lookine statuements such as "public."" patinutes. randid, "Mill," f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ _______________________________________________________________________ FORM 10-Q For the quarterly period ended March 31, 2025 (Mark One) OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from ________ to __ ...

Investors interested in stocks from the Real Estate - Operations sector have probably already heard of TPG RE Finance Trust (TRTX) and Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (VTMX) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores sy ...