TPG Mortgage Investment Trust Q2 FY26 net income rises to $0.29 a share; book value per share increases to $10.00
MITT•Q2 results and dividend coverage
TPG Mortgage Investment Trust posted GAAP net income attributable to common shareholders of $9.09 million, or $0.29 a share.
Non-GAAP earnings available for distribution were $7.74 million, or $0.24 a share, matching the $0.24 common dividend.
Book value, portfolio and management comments
Book value was $10.00 per share; quarterly economic return on equity was 2.7%.
The investment portfolio totaled $7.7 billion with a 0.7% net interest margin; total liquidity was $111.6 million.
Management pointed to capital rotation into residential credit and Arc Home momentum; MITT agreed to buy Cherry Hill to boost scale.
