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TPG Mortgage Investment Trust Balance Sheet Statement

Assets, liabilities, and shareholders' equity

TPG Mortgage Investment Trust holds $8.3B in total assets. Cash and equivalents total $67.7M. Based on the Q1 2026 filing.

Total Assets$8.3BTotal Stockholders Equity$544.4MLong Term Debt$565.9MCash And Equivalents$67.7M
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$247.7M
P/E Ratio7.37
ROE6.18%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued expenses$1.7M$1.7M$4.9M$2.2M$1.8M$2.3M
Accrued interest$28.3M$27.2M$28.1M$36.0M$34.4M$32.6M
Dividends payable$5.6M$5.9M$6.2M$6.7M$7.3M$7.6M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$824.4M$824.6M$824.8M$840.2M$840.4M$840.4M
Common stock296K450M450M450M450M450M
Common Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Common Stock Shares Issued29.6M29.7M29.7M31.7M31.7M31.7M
Convertible Preferred Stock Authorized Shares—50M50M50M—50M
Convertible Preferred Stock Outstanding Shares—9.1M9.1M9.1M—9.1M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$296.0K$297.0K$297.0K$317.0K$317.0K$317.0K
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$220.5M$220.5M$220.5M$220.5M$220.5M$220.5M
Preferred stock$220.5M$220.5M$220.5M$220.5M$220.5M$220.5M
Preferred Stock Liquidation Preference Value$228.0M$228.0M$228.0M$228.0M$228.0M$228.0M
Preferred Stock Par Value Per Share—$0.01$0.01$0.01—$0.01
Retained earnings-$501.7M-$501.5M-$509.1M-$501.2M-$500.5M-$516.8M
Total liabilities and stockholders' equity$6.9B$7.3B$7.5B$9.0B$8.7B$8.3B
Total stockholders' equity$543.4M$543.9M$536.4M$559.8M$560.7M$544.4M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$138.6M$129.2M$100.2M$76.8M$76.3M$67.7M
Derivative Assets - Fair Value$374.0K$2.5M$1.6M$4.2M$1.2M$814.0K
Derivative assets$11.6M$6.4M$5.3M$5.9M$5.4M$6.3M
Net Cash Collateral Received - Derivative Instruments$10.6M$5.1M$2.2M$4.4M$7.8M$8.0M
Restricted cash$19.9M$13.7M$11.4M$17.8M$18.5M$18.4M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equity method investments$46.8M———$61.3M—
Real estate securities, at fair value - $249,430 and $231,894 pledged as collateral, respectively$201.4M$224.9M$223.3M$206.9M$260.3M$279.4M
Other Assets$41.9M$46.1M$52.0M$58.0M$58.9M$60.7M
Other non-current assets$41.9M$32.2M$32.2M$49.2M$0.0$1.4M
Tax Credit Carryforward Valuation Allowance————$28.5M$28.3M
Total assets$6.9B$7.3B$7.5B$9.0B$8.7B$8.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Fair Value Measurement Disclosure$374.0K$2.5M$1.6M$4.2M$1.2M$814.0K
Gross Assets/Liabilities$340.0K$256.0K$105.0K$1.9M$1.2M$814.0K
Payables for repurchase agreements$6.3B$6.7B$6.9B$8.4B$8.1B$7.7B
Current Face—$7.0B$7.2B$8.5B—$7.9B
Gross Unrealized Gains$8.8M$8.6M$11.5M$14.4M$16.9M$14.7M
Available For Sale Debt Securities, Accumulated Gross Unrealized Loss, Before Tax, FVO$15.4M$13.9M$13.0M$14.2M$12.4M$13.4M
Available For Sale Debt Securities, Amortized Cost Basis, FVO$208.0M$230.3M$224.8M$206.7M$255.8M$278.1M
Available For Sale Securities Unamortized Discount (Premium)$49.8M$49.0M$47.0M$45.7M$45.5M$45.8M
Available For Sale Securities Weighted Average Yield Rate11.6%11.0%10.9%10.6%9.9%9.7%
Cash Collateral for Borrowed Securities$10.6M$5.1M$2.2M$4.4M$7.8M$8.0M
Cash pledged as collateral against derivatives related to variation margin$8.6M$4.2M$3.8M$2.6M$4.1M$5.4M
Cash collateral posted by company$700.0K$4.4M$5.4M$9.7M$5.5M$4.0M
Collateralized debt$5.5B$5.8B$5.9B$7.4B$7.2B$6.7B
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)$450.0M$450.0M$450.0M$450.0M$450.0M$450.0M
Common stock, shares issued (in shares)$29.6M$29.7M$29.7M$31.7M$31.7M$31.7M
Common Stock, Shares, Outstanding$29.6M$29.7M$29.7M$31.7M$31.7M$31.7M
Debt Instrument, Fair Value Disclosure$5.5B$5.8B$5.9B$7.4B$7.2B$6.7B
Greater than ten years————$21.6M$20.9M
Less than or equal to one year————$4.9M$4.7M
Greater than ten years————$22.3M$21.7M
Debt Securities, Available-For-Sale, Maturity, Allocated And Single Maturity Date, Fair Value, FVO————$260.3M$279.4M
Greater than five years and less than or equal to ten years————$96.2M$59.5M
Less than or equal to one year————$8.6M$8.6M
Greater than five years and less than or equal to ten years————$91.4M$55.8M
Greater than one year and less than or equal to five years————$134.2M$192.8M
Debt Securities, Available-For-Sale, Maturity, Allocated And Single Maturity Date, Amortized Cost, FVO————$255.8M$278.1M
Greater than one year and less than or equal to five years————$136.9M$193.5M
Deferred Tax Assets, Valuation Allowance————$28.5M$28.3M
Derivative assets, at fair value$204.0K$0.0$41.0K$1.0M$149.0K$56.0K
Derivatives, gross, liabilities$374.0K$2.5M$1.6M$4.2M$1.2M$814.0K
Derivative pay interest rate3.5%3.5%3.3%3.3%3.3%3.4%
Derivative receivable interest rate4.5%4.4%4.5%4.2%3.9%3.7%
Due from Broker$0.0$74.0K$2.3M$278.0K$1.2M$1.9M
Due To Correspondent Brokers$48.0K$237.0K$5.0M$899.0K$1.7M$604.0K
Current Principal$224.2M$246.8M$240.7M$222.6M$265.2M$284.6M
Number of counterparties with outstanding debt6.006.006.006.006.006.00
Quarterly periods required to grant preferred stock voting rights—6.006.006.00—6.00
Other financial assets$30.8M$32.2M$32.2M$49.2M$0.0$1.4M
Other Assets, Miscellaneous$3.3M$3.0M$3.1M$2.6M$2.3M$3.5M
Percent of votes needed to pass—66.7%66.7%66.7%—66.7%
Preferred stock, liquidation preference, value$228.0M$228.0M$228.0M$228.0M$228.0M$228.0M
Preferred Stock, Par or Stated Value Per Share—$0.0$0.0$0.0—$0.0
Preferred Stock, Shares Authorized—$50.0M$50.0M$50.0M—$50.0M
Preferred Stock, Shares Outstanding—$9.1M$9.1M$9.1M—$9.1M
Restricted Cash Pledged As Collateral Against Certain Derivatives$9.3M——$12.3M$9.6M$9.4M
Weighted Average Coupon3.6%4.4%4.5%4.3%4.5%4.6%

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-Term Debt - Fair Value$5.5B$5.8B$5.9B$7.4B$7.2B$6.7B
Accrued expenses and other liabilities$1.7M$1.7M$4.9M$2.2M$1.8M$2.3M
Financing arrangements$742.1M$806.6M$843.5M$838.2M$826.4M$850.2M
Other non-current liabilities$34.8M$34.3M$42.5M$47.2M$42.7M$39.7M
Senior unsecured notes, net$95.7M$95.9M$96.1M$96.3M$96.5M$96.7M
Total liabilities$5.5B$5.8B$5.9B$7.4B$7.2B$6.8B