TPG RE Finance Trust, Inc. Accrued Paid-In-Kind Interest increased by 2.3% to $181.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $163.00K to $181.00K. This increase may warrant attention — for this metric, lower values are generally preferred.
High levels of PIK interest may indicate that borrowers are struggling to make cash payments, increasing credit risk.
Paid-in-kind (PIK) interest is interest that is added to the principal balance of a loan rather than being paid in cash....
Common in high-yield or mezzanine lending; peers in the small-balance commercial space often utilize PIK structures.
operating_accrued_paid_in_kind_interest| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $34.00K | $162.00K | $164.00K | $163.00K | $169.00K | $173.00K | $177.00K | $181.00K |
| QoQ Change | — | — | — | — | — | — | — | — | +376.5% | +1.2% | -0.6% | +3.7% | +2.4% | +2.3% | +2.3% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | +397.1% | +6.8% | +7.9% | +11.0% |