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 of $32.3 million, up 140.8% YoY
•Diluted EPS of $0.18, up 120.2% YoY
•Cash of $476.3 million; long-term debt of $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.
Two Harbors Investment Corp. is a real estate investment trust (REIT) that focuses on investing in, financing, and managing mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets. The company operates through RoundPoint in the United States. Its target assets include agency RMBS collateralized by fixed-rate, adjustable-rate, or hybrid mortgage loans, as well as derivatives and other mortgage-related assets such as non-agency securities. By qualifying as a REIT for federal income tax purposes, Two Harbors is able to pass most of its taxable income to shareholders in the form of dividends.
Where is Two Harbors Investment Corp. listed and what currency does it trade in?
Two Harbors Investment Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol TWO-PC. The company trades in U.S. dollars (USD), as it is headquartered in the United States and its financial reporting is conducted in USD. The NYSE listing provides liquidity and access to a broad base of institutional and retail investors.
What sector and industry does Two Harbors Investment Corp. belong to?
Two Harbors Investment Corp. operates in the Real Estate sector, specifically within the REIT - Mortgage industry. As a mortgage REIT (mREIT), the company invests primarily in mortgage-related assets, such as residential mortgage-backed securities and mortgage servicing rights, rather than physical real estate. Its business model involves generating income from the spread between the yield on its asset portfolio and the cost of financing those assets, often using leverage to enhance returns.
Where is Two Harbors Investment Corp. 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 conducted through RoundPoint, which manages the servicing of mortgage loans. The company's focus is on the domestic U.S. market, and it does not have significant international exposure.
How does Two Harbors Investment Corp. generate revenue?
Two Harbors Investment Corp. generates revenue primarily through the net interest income earned on its portfolio of mortgage-related assets. The company invests in agency RMBS, which are guaranteed by government-sponsored enterprises like Fannie Mae and Freddie Mac, and mortgage servicing rights (MSRs), which provide fee income from servicing mortgage loans. By financing these assets with short-term borrowings or repurchase agreements, Two Harbors aims to earn a positive spread. Additionally, the company may engage in hedging transactions to manage interest rate and prepayment risks. As a REIT, it distributes most of its taxable income to shareholders as dividends.