February 19, 2025 - 12:09
In a remarkable display of financial strength, TPG RE Finance has announced a net income of $59.7 million for the year 2024. This impressive performance enables the company to cover a dividend of $0.96 per share, reflecting its commitment to returning value to shareholders. The firm has maintained an exceptional loan performance record, with zero non-performing loans, underscoring its effective risk management strategies.
Furthermore, TPG RE Finance boasts a robust liquidity position, with $321 million readily available. This liquidity not only positions the company favorably for future investments but also ensures it can navigate any potential market volatility. The firm's loan-to-value ratio stands at a healthy 63.1%, indicating prudent lending practices and a solid asset base. Overall, TPG RE Finance's results highlight its resilience and strategic focus in a competitive landscape, reassuring stakeholders of its sustained growth and stability.
