Company Analysis

TPG Mortgage Investment Trust, Inc. (MITT)

NYSE: MITT · Real Estate Investment Trusts · New York, NY · filing with the SEC since 2011
Grade4.3
◀ Past 2.9● Present 4.4▶ Future 5.4
5 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 25, 2026Mar 4, 2025Mar 11, 2024Feb 27, 2023Feb 25, 2022Feb 23, 2021Feb 28, 2020Feb 27, 2019Feb 28, 2018Mar 1, 2017
For lenders
Interest and dividend income480,330,000408,495,000260,329,000180,303,00070,662,00074,525,000171,660,000156,475,000128,845,000r123,006,000r
Interest expense on deposits and borrowings403,797,000342,603,000212,500,000·······
Net interest income76,533,00065,892,00047,829,00061,385,00043,412,00037,580,00081,552,00085,973,000r85,123,000r89,221,000r
Noninterest expense43,015,00034,839,000r38,672,00043,060,00030,687,00033,466,00030,962,00026,601,000r22,835,000r22,316,000r
Interest expense··212,500,000118,918,00027,250,00036,945,00090,108,00070,502,000r43,722,000r33,785,000r
Share of profit of equity-method investments2,821,0003,141,000-1,390,000-10,258,00031,889,000-1,629,0007,644,00015,593,00012,622,000r1,519,000r
Other income (expense), net···037,0001,534,000r1,182,000237,000r55,000r374,000r
Total non-operating income (expense)13,217,00021,655,00046,017,000-61,167,00059,572,000-424,070,00039,104,000-71,461,000r43,648,000r-4,741,000r
Income before income taxes46,735,00052,708,000r55,174,000-42,842,00072,297,000-419,956,00089,694,000-12,089,000r105,936,000r62,164,000r
Income tax expense888,000112,000250,000163,000r0····0
Income from continuing operations····104,186,000-421,585,00097,338,0003,504,000118,558,000·
Income from discontinued operations····0666,000-4,416,000-1,936,0000·
Net income48,668,00055,737,00053,784,000-53,100,000104,186,000-420,919,00092,922,0001,568,000118,558,000r63,683,000r
Preferred dividends21,242,00019,353,00018,344,00018,344,00018,785,00020,549,00016,122,000···
Net income to common shareholders27,426,00036,384,00035,440,000-71,444,00085,873,000-430,894,00076,800,000-11,901,000105,089,000r50,214,000r
Earnings per share, basic0.901.231.68-3.125.29-36.73r7.17b-1.26b11.31b5.40b
Earnings per share, diluted0.901.231.68-3.125.29-36.73r7.17b-1.26b11.31b5.40b
Weighted average shares, basic30,542,00029,487,00021,095,00022,890,00016,234,00011,730,000r10,730,667b9,464,000b9,288,667rb9,317,333rb
Weighted average shares, diluted30,562,00029,514,00021,097,00022,890,00016,234,00011,730,000r10,734,333b9,464,000b9,294,333rb9,317,667rb
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-3 reverse split of Jul 2021.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MITT · research, not advice