For Q1 FY2026 (ended March 31, 2026), Two Harbors Investment Corp. reported net income of $32.3 million, a significant increase of 140.8% year-over-year. Diluted EPS was $0.18, up 120.2% from the prior year. Cash and cash equivalents stood at $476.3 million, while long-term debt was $8.29 billion.
•Net income surged 140.8% YoY to $32.3 million.
•Diluted EPS rose 120.2% to $0.18.
•Cash balance was $476.3 million; long-term debt totaled $8.29 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives
Other assets, such as financial and mortgage-related assets, comprising non-agency securities and non-hedging transactions. It qualifies as a REIT for federal income tax purposes. The company was incorporated in 2009 and is headquartered in Saint Louis Park, Minnesota.
What does Two Harbors Investment Corp. (TWO-PA) do?
Two Harbors Investment Corp. is a real estate investment trust (REIT) that focuses on investing in, financing, and managing mortgage-related assets in the United States. Its primary investments include mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets. The company targets agency RMBS collateralized by fixed-rate, adjustable-rate, or hybrid mortgage loans, as well as derivatives and non-agency securities. It operates through RoundPoint, a subsidiary that handles mortgage servicing. As a REIT, Two Harbors is structured to pass income to shareholders while minimizing corporate taxes.
Where is Two Harbors Investment Corp. (TWO-PA) listed and in which currency?
Two Harbors Investment Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol TWO-PA. The company trades in U.S. dollars (USD), reflecting its operations and headquarters in the United States. The NYSE listing provides liquidity and exposure to global investors interested in mortgage REITs.
What sector and industry does Two Harbors Investment Corp. (TWO-PA) belong to?
Two Harbors Investment Corp. operates in the Real Estate sector and is classified under the REIT - Mortgage industry. This means it is a real estate investment trust that primarily invests in mortgage-related assets, such as mortgage-backed securities and mortgage servicing rights, rather than physical properties. As a mortgage REIT, it generates income from the spread between interest earned on its asset portfolio and the cost of financing those assets.
Where is Two Harbors Investment Corp. (TWO-PA) headquartered and what markets does it serve?
Two Harbors Investment Corp. is headquartered in Saint Louis Park, Minnesota, United States. The company serves the U.S. residential mortgage market, investing in mortgage servicing rights and agency residential mortgage-backed securities. Its operations are focused on domestic assets, and it does not have international exposure based on available data. The company was incorporated in 2009 and has since built a portfolio centered on U.S. government-backed or agency securities.
How does Two Harbors Investment Corp. (TWO-PA) generate revenue?
Two Harbors Investment Corp. generates revenue primarily through the net interest income from its portfolio of mortgage-related assets. It invests in agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSRs), earning the difference between the interest income from these assets and the cost of financing them through borrowings. The company also engages in hedging transactions to manage interest rate risk. As a REIT, it distributes most of its taxable income to shareholders as dividends. The portfolio includes fixed-rate, adjustable-rate, and hybrid mortgage loans, as well as non-agency securities and derivatives.