AG Mortgage Investment Trust, Inc. (NYSE: MITT) changed its corporate name to TPG Mortgage Investment Trust, Inc. on December 16, 2025, aligning the brand with its external manager, TPG Angelo Gordon. The ticker symbol remains MITT and the company’s website will be updated to www.mitt.tpg.com.
On the same day, the board declared a 9.5 % increase in the fourth‑quarter 2025 common‑stock dividend, raising the payment to $0.23 per share from $0.21. The dividend will be paid on January 30, 2026 to shareholders of record as of December 31, 2025, reflecting the company’s confidence in its earnings power and commitment to returning value to investors.
AG Mortgage reported Q3 2025 earnings that beat consensus expectations. Earnings per share were $0.23 versus analysts’ estimate of $0.22, a $0.01 or 4.5 % beat. Revenue, however, fell to $19.9 million, $0.26 million below the $20.16 million forecast. The revenue miss was driven by a modest decline in the core mortgage‑originating segment, offset by a modest increase in the home‑equity loan portfolio, which grew to $1.0 billion. Net interest income rose by $1.7 million, or 9 %, reflecting higher yields on the expanded loan book.
CEO and President T.J. Durkin described the quarter as “pivotal,” noting that the company’s strategic growth was supported by an expanded stake in Arc Home and the operational efficiencies gained from the TPG integration. Durkin said, “Rebranding MITT to align with TPG’s brand marks an important step in this evolution,” and added that the partnership with TPG’s global network and investment platform would enhance the firm’s credit‑team expertise and scale. The company’s book value per share rose to $10.46, a 0.7 % increase from the prior quarter, underscoring the balance‑sheet strength that underpins the dividend hike.
The rebranding and dividend increase signal a shift toward a more integrated, globally‑oriented mortgage REIT model. The company’s focus on home‑equity loans and its 66 % stake in Arc Home position it to capture growth in the residential‑mortgage market, while the TPG partnership provides access to a broader credit platform and risk‑management tools. These developments suggest that AG Mortgage is positioning itself for sustained earnings growth and enhanced shareholder returns in the coming years.
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