Two Harbors Investment Corp. (TWO)
NYSE: TWO · Real-Time Price · USD
10.11
+0.05 (0.50%)
Mar 4, 2026, 10:20 AM EST - Market open

Two Harbors Investment Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Interest and Dividend Income
412450.15480.36295.54168.6
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Total Interest Expense
490.94607.81643.23242.3163.68
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Net Interest Income
-78.95-157.65-162.8653.23104.91
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Mortgage Banking
626.72681.65685.78603.91468.41
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Gain (Loss) on Sale of Loans & Receivables
4.711.48-0.01-
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Gain (Loss) on Sale of Investments
-96.18-40.04-69.97-603.94121.62
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Other Revenue
-86.29107.81-216.2522.71-238.53
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Revenue Before Loan Losses
370.01593.25236.6975.92456.41
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Revenue
370.01593.25236.6975.92456.41
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Revenue Growth (YoY)
-37.63%150.64%211.75%-83.36%-
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Salaries & Employee Benefits
95.3389.7552.8740.7235.04
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Cost of Services Provided
12.7320.0795.4994.1286.25
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Other Operating Expenses
321.25138.16172.63-384.17143.7
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Total Operating Expenses
429.31247.98320.99-249.33264.99
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Operating Income
-59.29345.27-84.29325.25191.42
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EBT Excluding Unusual Items
-59.29345.27-84.29325.25191.42
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Other Unusual Items
-0.22.2--
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Pretax Income
-445.43344.75-83.39324.45191.42
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Income Tax Expense
8.8746.5922.98104.214.19
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Earnings From Continuing Ops.
-454.3298.17-106.37220.24187.23
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Net Income
-454.3298.17-106.37220.24187.23
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Preferred Dividends & Other Adjustments
54.148.1946.8534.6659.19
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Net Income to Common
-508.4249.98-153.23185.58128.04
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Net Income Growth
---17.63%-
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Shares Outstanding (Basic)
104104968674
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Shares Outstanding (Diluted)
104113969675
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Shares Change (YoY)
-7.94%18.20%-0.42%28.94%8.93%
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EPS (Basic)
-4.882.41-1.602.151.72
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EPS (Diluted)
-4.882.37-1.602.131.72
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EPS Growth
---24.03%-
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Dividend Per Share
1.5201.8001.9502.6402.720
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Dividend Growth
-15.56%-7.69%-26.14%-2.94%36.00%
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Operating Margin
-16.02%58.20%-35.61%428.40%41.94%
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Profit Margin
-137.40%42.14%-64.74%244.43%28.05%
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Effective Tax Rate
-13.51%-32.12%2.19%
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Source: S&P Capital IQ. Financial Services template. Financial Sources.