TRTX: net income $18.9M. TRTX resumes lending with Q1 originations; CFO role now interim amid Fed pause

Filed April 28, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 29, 2025 · ~1 min read

Key Changes

• high

  Company originated $148M of new loans in Q1 2026 after zero originations in Q1 2025, deploying cash reserves as management shifts from defensive posture to active investment despite ongoing tariff and geopolitical uncertainty.

  MD&A: Origination Activity verify on EDGAR →
• high

  MD&A: Fed Rate Policy verify on EDGAR →
• high

  Net income jumped to $15.2M from $10.0M year-over-year, driven by $0.3M credit loss reversal versus $3.2M provision expense in Q1 2025; allowance ratio improved to 179 bps from 199 bps despite portfolio growth to $4.3B.

  MD&A: Credit & Earnings verify on EDGAR →