Two Harbors Investment Corp. (TWO)

NYSE: TWO · Real-Time Price · USD

12.05

+0.01 (0.08%)

At close: Aug 21, 2026, 4:00 PM EDT

12.20

+0.15 (1.24%)

After-hours: Aug 21, 2026, 7:41 PM EDT

Two Harbors Investment Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest and Dividend Income	355.72	412	450.15	480.36	295.54	168.6
Total Interest Expense	226.24	490.94	607.81	643.23	242.31	63.68
Net Interest Income	129.49	-78.95	-157.65	-162.86	53.23	104.91
Mortgage Banking	570.72	626.72	681.65	685.78	603.91	468.41
Gain (Loss) on Sale of Loans & Receivables	5.91	4.71	1.48	-	0.01	-
Gain (Loss) on Sale of Investments	-43.73	-96.18	-40.04	-69.97	-603.94	121.62
Other Revenue	-22.18	-86.29	107.81	-216.25	22.71	-238.53
Revenue Before Loan Losses	640.21	370.01	593.25	236.69	75.92	456.41
Revenue	640.21	370.01	593.25	236.69	75.92	456.41
Revenue Growth	179.65%	-37.63%	150.64%	211.75%	-83.36%	-
Salaries & Employee Benefits	93.6	95.33	89.75	52.87	40.72	35.04
Cost of Services Provided	12.2	12.73	20.07	95.49	94.12	86.25
Other Operating Expenses	336.66	321.25	138.16	172.63	-384.17	143.7
Total Operating Expenses	442.47	429.31	247.98	320.99	-249.33	264.99
Operating Income	197.75	-59.29	345.27	-84.29	325.25	191.42
EBT Excluding Unusual Items	197.75	-59.29	345.27	-84.29	325.25	191.42
Other Unusual Items	-	-	0.2	2.2	-	-
Pretax Income	-4.88	-445.43	344.75	-83.39	324.45	191.42
Income Tax Expense	16.8	8.87	46.59	22.98	104.21	4.19
Earnings From Continuing Ops.	-21.68	-454.3	298.17	-106.37	220.24	187.23
Net Income	-21.68	-454.3	298.17	-106.37	220.24	187.23
Preferred Dividends & Other Adjustments	53.43	54.1	48.19	46.85	34.66	59.19
Net Income to Common	-75.11	-508.4	249.98	-153.23	185.58	128.04
Net Income Growth	-	-	-	-	44.94%	-
Shares Outstanding (Basic)	105	104	104	96	86	74
Shares Outstanding (Diluted)	105	104	113	96	96	75
Shares Change	0.69%	-7.94%	18.20%	-0.42%	28.94%	8.93%
EPS (Basic)	-0.72	-4.88	2.41	-1.60	2.15	1.72
EPS (Diluted)	-0.72	-4.88	2.37	-1.60	2.13	1.72
EPS Growth	-	-	-	-	24.03%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.360	1.520	1.800	1.950	2.640	2.720
Dividend Growth	-21.84%	-15.56%	-7.69%	-26.14%	-2.94%	36.00%
Operating Margin	30.89%	-16.02%	58.20%	-35.61%	428.40%	41.94%
Profit Margin	-11.73%	-137.40%	42.14%	-64.74%	244.43%	28.05%
Effective Tax Rate	-	-	13.51%	-	32.12%	2.19%

SEC Filings: 10-K · 10-Q