TPG RE Finance Trust, Inc. TRTX Income Statement

Tpg re finance trust, inc. (TRTX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Sep'16	Jun'16
INTEREST INCOME
Interest Income
81,749	82,597	92,362	88,254	76,601	71,673	69,863	64,693	59,365	52,492	46,734	51,736	47,941	40,419	38,400
Interest Expense
38,457	41,174	47,874	46,426	39,367	35,576	34,297	30,154	25,998	21,683	19,150	19,635	17,800	16,937	15,076
Net Interest Income
43,292	41,423	44,488	41,828	37,234	36,097	35,566	34,539	33,367	30,809	27,584	32,101	30,141	23,482	23,324
OTHER REVENUE
Other Income, net
328	760	160	412	422	487	-55	509	366	661	669	245	122	15	296
Total Other Revenue
328	760	160	412	422	487	-55	509	366	661	669	245	122	15	296
OTHER EXPENSES
Professional Fees
1,819	1,007	1,440	593	679	503	905	855	899	684	1,256	463	729	1,133	888
General and Administrative
980	1,666	1,530	1,674	692	877	965	1,089	1,108	783	1,003	720	469	387	1,190
Stock Compensation Expense
1,401	-	-	-	633	-	-	-	-	-	-	-	-	-	-
Servicing and Asset Management Fees
276	-67	960	431	513	345	767	767	767	7	720	1,205	1,136	1,232	648
Management Fee
5,000	5,623	5,482	5,323	5,143	5,018	4,879	4,763	4,704	4,607	4,133	2,768	2,588	2,244	2,149
Collateral Management Fee
-	-	-	-	-	-	-	-	-	0	23	71	131	207	219
Incentive Management Fee
-	1,629	2,104	2,048	1,365	1,144	1,168	1,146	926	625	327	1,805	1,581	716	1,266
Total Other Expenses
9,476	9,225	11,516	10,069	9,025	7,887	8,684	8,620	8,404	6,706	7,462	7,032	6,634	5,919	6,360
Securities Impairments
203,493	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit Loss Expense
63,348	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) Before Income Taxes
-232,697	32,958	33,132	32,171	28,631	28,697	26,827	26,428	25,329	24,764	20,791	25,314	23,629	17,578	17,260
Income Tax Expense, net
93	51	107	202	219	132	3	-10	215	6	0	-14	154	136	144
Net Income (Loss)
-232,790	32,907	33,025	31,969	28,412	28,565	26,824	26,438	25,114	24,758	20,791	25,328	23,475	17,442	17,116
Preferred Stock Dividends
3	5	3	4	3	0	0	0	3	-	4	8	-	3	8
Net Income (Loss) Attributable to TPG RE Finance Trust, Inc.
-232,793	32,902	33,022	31,965	28,409	28,565	26,824	26,438	25,111	24,754	20,787	25,320	23,475	17,439	17,108
Basic Earnings (Loss) per Common Share
-3.05	0.44	0.44	0.43	0.42	0.42	0.42	0.44	0.42	0.39	0.35	0.52	0.48	0.43	0.52
Diluted Earnings (Loss) per Common Share
-3.05	0.44	0.44	0.43	0.42	0.42	0.42	0.44	0.42	0.39	0.35	0.52	0.48	0.43	0.52
Weighted Average Number of Common Shares Outstanding
Basic:
76,465	74,587	74,126	73,963	68,294	67,274	64,295	60,175	60,393	60,981	58,685	48,664	48,446	40,946	32,708
Diluted:
76,465	74,587	74,126	73,963	68,294	67,274	64,295	60,175	60,393	60,981	58,685	48,664	48,446	40,946	32,708
Dividends Declared per Common Share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.41	0.53
OTHER COMPREHENSIVE INCOME (LOSS)
Net Income (Loss)
-232,790	32,907	33,025	31,969	28,412	28,565	26,824	26,438	25,114	24,758	20,791	25,328	23,475	17,442	17,116
Unrealized Gain (Loss) on Available-for-Sale Debt Securities
-974	-270	100	3,100	106	-837	500	-1,400	-214	-14	-2,558	56	1,232	1,542	809
Comprehensive Net Income (Loss)
-233,764	32,651	33,099	35,081	28,518	27,729	27,347	25,014	24,900	24,744	18,233	25,384	24,707	18,984	17,925