Two Harbors Investment Corp Quarterly Income Statements Chart
Quarterly
|
Annual
Two Harbors Investment Corp Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2019-12-31 | 2018-12-31 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| net interest expense: | |||||||||||||||||||||||||||||||||
| interest income | 117,082,000 | 111,382,000 | 103,774,000 | 112,642,000 | 115,953,000 | 117,783,000 | |||||||||||||||||||||||||||
| interest expense | 136,701,000 | 131,714,000 | 138,668,000 | 154,931,000 | 154,207,000 | 160,000,000 | 24,369,000 | 20,743,000 | 15,527,000 | 11,467,000 | 9,129,000 | 7,218,000 | 3,863,000 | 2,499,000 | |||||||||||||||||||
| net interest expense | -19,619,000 | -20,332,000 | -30,690,000 | -42,289,000 | -38,254,000 | ||||||||||||||||||||||||||||
| net servicing income: | |||||||||||||||||||||||||||||||||
| servicing income | 158,354,000 | 156,859,000 | 167,568,000 | 171,732,000 | 176,015,000 | 166,333,000 | 178,609,000 | 178,625,000 | 175,223,000 | 153,320,000 | 160,926,000 | 148,833,000 | 157,526,000 | 136,626,000 | 125,511,000 | 122,960,000 | 112,816,000 | 107,119,000 | 100,549,000 | 99,114,000 | 112,891,000 | ||||||||||||
| servicing costs | 2,386,000 | 3,197,000 | 4,575,000 | 3,900,000 | 4,475,000 | 7,119,000 | |||||||||||||||||||||||||||
| net servicing income | 155,968,000 | 153,662,000 | 162,993,000 | 167,832,000 | 171,540,000 | 159,214,000 | |||||||||||||||||||||||||||
| other income: | |||||||||||||||||||||||||||||||||
| loss on investment securities | -32,830,000 | -32,729,000 | |||||||||||||||||||||||||||||||
| loss on servicing asset | -35,902,000 | 2,522,000 | -112,763,000 | -238,791,000 | |||||||||||||||||||||||||||||
| gain on interest rate swap and swaption agreements | -52,950,000 | -98,788,000 | 199,612,000 | -172,263,000 | 22,012,000 | 98,510,000 | 21,572,000 | 111,909,000 | 56,533,000 | 7,374,750 | 34,806,000 | 32,734,000 | 1,275,500 | -3,947,000 | 24,648,000 | 4,743,000 | 18,972,000 | -16,193,000 | 1,939,000 | ||||||||||||||
| gain on other derivative instruments | -31,257,000 | 1,448,000 | -55,144,000 | -32,722,000 | -750,000 | 47,599,000 | -143,812,000 | 86,212,000 | 47,161,000 | 53,301,000 | 159,044,000 | -101,273,000 | -11,565,000 | -15,019,000 | 51,312,000 | 81,289,000 | 65,596,000 | 76,606,000 | -27,853,000 | 3,454,000 | -7,617,000 | -8,890,000 | -10,719,000 | 22,361,000 | 9,766,000 | 5,347,000 | |||||||
| gain on mortgage loans held-for-sale | 883,000 | 669,000 | 558,000 | 927,000 | 3,580,750 | 14,323,000 | |||||||||||||||||||||||||||
| other income | 1,038,000 | 761,000 | 850,000 | 123,000 | 226,000 | -3,000 | 2,903,000 | 2,200,000 | -73,000 | 1,856,000 | 41,000 | -5,742,000 | 474,000 | 84,000 | 66,000 | 205,500 | 731,000 | 131,000 | |||||||||||||||
| total other income | -151,018,000 | -164,860,000 | 220,387,000 | -335,901,000 | -23,806,000 | 146,143,000 | 162,407,250 | 446,547,000 | 304,968,000 | -101,886,000 | -197,196,000 | 329,537,000 | -23,248,000 | 355,061,000 | 22,589,000 | 90,136,000 | -120,753,000 | 270,073,000 | 207,508,000 | 44,325,000 | -152,916,000 | 49,890,000 | 75,718,000 | -69,760,000 | -15,192,000 | -8,947,000 | 14,482,000 | -37,853,000 | 8,825,000 | ||||
| expenses: | |||||||||||||||||||||||||||||||||
| compensation and benefits | 21,469,000 | 26,589,000 | 21,800,000 | 20,180,000 | 21,244,000 | 26,529,000 | 21,297,000 | 8,617,000 | 8,868,000 | 14,083,000 | 7,411,000 | 10,100,000 | 11,019,000 | 12,193,000 | 6,396,000 | 9,198,000 | 11,259,000 | 8,188,000 | |||||||||||||||
| other operating expenses | 21,307,000 | 20,505,000 | 19,085,000 | 18,405,000 | 17,699,000 | 21,052,000 | 23,959,000 | 15,984,000 | 11,886,000 | 10,484,000 | 15,540,000 | 10,688,000 | 9,152,000 | 6,625,000 | 6,648,000 | 7,406,000 | 7,218,000 | 7,487,000 | -19,266,000 | 18,976,000 | 13,838,000 | 56,422,000 | 6,561,000 | 3,350,000 | 6,546,000 | 4,181,000 | 3,601,000 | 3,246,000 | 2,850,000 | 2,155,000 | 1,512,000 | ||
| loss contingency accrual | 199,935,000 | ||||||||||||||||||||||||||||||||
| total expenses | 242,711,000 | 47,094,000 | 40,885,000 | 38,585,000 | 38,943,000 | 47,581,000 | -38,203,000 | 54,504,000 | 45,944,000 | 52,933,000 | 48,223,000 | 41,940,000 | 43,162,000 | 43,522,000 | 34,626,000 | 37,645,000 | 37,157,000 | 40,622,000 | 42,380,000 | -88,856,000 | 194,283,000 | 235,982,000 | 13,350,000 | 12,432,000 | 16,279,000 | 11,791,000 | 10,344,000 | 8,424,000 | 7,635,000 | 4,883,000 | 3,062,000 | ||
| income before income taxes | -257,380,000 | -78,624,000 | 307,601,000 | -248,943,000 | 70,537,000 | 215,559,000 | -462,459,000 | 342,557,000 | 217,225,000 | -180,716,000 | -261,743,000 | 298,635,000 | -46,508,000 | 334,068,000 | 810,000 | 66,649,000 | -138,874,000 | 262,834,000 | 214,987,000 | 193,712,000 | -191,728,000 | 17,647,500 | 18,968,000 | 7,399,000 | 44,223,000 | ||||||||
| benefit from income taxes | 1,661,000 | 431,000 | 14,201,000 | 11,971,000 | -29,259,000 | 36,365,000 | 19,780,000 | 8,480,000 | 21,023,000 | 25,912,000 | 48,798,000 | 2,104,000 | 325,000 | 22,677,000 | -9,876,000 | -8,202,000 | 36,859,000 | 4,964,000 | -16,605,000 | 6,170,000 | -9,388,000 | 5,081,000 | -757,000 | ||||||||||
| net income | -259,041,000 | -79,055,000 | 276,729,000 | -238,485,000 | 56,336,000 | 203,588,000 | -433,200,000 | 306,192,000 | 197,445,000 | -176,808,000 | -270,223,000 | 277,612,000 | -72,420,000 | 285,270,000 | -1,294,000 | 66,324,000 | -117,960,000 | 240,157,000 | 211,171,000 | 201,914,000 | -173,564,000 | -44,290,470 | 470 | -102,604,790 | 26,802,000 | 24,004,000 | 51,800,000 | ||||||
| yoy | -559.81% | -138.83% | -163.88% | -177.89% | -71.47% | -215.15% | 60.31% | 10.29% | -372.64% | -161.98% | 20782.77% | 318.57% | -38.61% | 18.78% | -100.61% | -67.15% | -32.04% | -576.79% | 42960325.53% | 69.16% | -284.51% | -100.00% | |||||||||||
| qoq | 227.67% | -128.57% | -216.04% | -523.33% | -72.33% | -147.00% | -241.48% | 55.08% | -211.67% | -34.57% | -197.34% | -483.34% | -125.39% | -22145.60% | -101.95% | -156.23% | -149.12% | 13.73% | 4.58% | -216.33% | -9423604.26% | -100.00% | -482.83% | 11.66% | -53.66% | ||||||||
| net income margin % | |||||||||||||||||||||||||||||||||
| dividends on preferred stock | -13,239,000 | -13,186,000 | -11,784,000 | -11,784,000 | -11,784,000 | -11,784,000 | -12,012,000 | -12,115,000 | -12,115,000 | -12,365,000 | -94,849,000 | 13,747,000 | 13,748,000 | 13,747,000 | 13,747,000 | 13,748,000 | 13,747,000 | 17,216,000 | 18,951,000 | 18,950,000 | 18,951,000 | ||||||||||||
| gain on repurchase and retirement of preferred stock | 644,000 | 519,000 | 2,454,000 | ||||||||||||||||||||||||||||||
| net income attributable to common stockholders | -272,280,000 | -92,241,000 | 264,945,000 | -250,269,000 | 44,552,000 | 192,448,000 | -444,693,000 | 294,077,000 | 187,784,000 | -189,173,000 | -262,439,000 | 263,865,000 | -86,168,000 | 271,523,000 | -15,041,000 | 52,576,000 | -131,707,000 | 222,941,000 | 192,220,000 | 182,964,000 | -192,515,000 | -253,401,000 | 143,716,000 | 189,300,000 | 26,802,000 | 24,004,000 | 51,800,000 | 51,430,000 | 54,609,000 | -984,000 | 22,377,000 | ||
| basic earnings per weighted-average common share | -2,620 | -890 | 2,410 | -2,420 | 430 | 1,850 | -1,600 | 3,040 | 1,940 | -2,050 | 2,150 | 3,040 | -250 | 790 | 430 | 170 | -480 | 810 | -6,240 | 670 | 100 | ||||||||||||
| diluted earnings per weighted-average common share | -2,620 | -890 | 2,370 | -2,420 | 430 | 1,730 | -1,600 | 2,810 | 1,800 | -2,050 | 2,130 | 2,780 | -250 | 720 | 430 | 170 | -480 | 740 | -6,240 | 640 | 100 | ||||||||||||
| comprehensive income: | |||||||||||||||||||||||||||||||||
| other comprehensive income: | |||||||||||||||||||||||||||||||||
| unrealized gain on available-for-sale securities | 50,473,000 | 157,172,000 | -266,565,000 | 269,621,000 | -103,078,000 | 125,931,000 | 26,063,000 | 104,252,000 | 189,778,000 | 497,598,000 | 117,604,000 | 143,910,000 | |||||||||||||||||||||
| other comprehensive income | 50,473,000 | 157,172,000 | -266,565,000 | 269,621,000 | -103,078,000 | 125,931,000 | 26,063,000 | 104,252,000 | 189,778,000 | 497,598,000 | 117,604,000 | 143,910,000 | |||||||||||||||||||||
| comprehensive income | -208,568,000 | 78,117,000 | 10,164,000 | 31,136,000 | 12,263,000 | 100,510,000 | 61,992,000 | 247,968,000 | 215,429,500 | 524,400,000 | 141,608,000 | 195,710,000 | |||||||||||||||||||||
| comprehensive income attributable to common stockholders | -221,807,000 | 64,931,000 | -1,620,000 | 19,352,000 | 479,000 | 89,370,000 | |||||||||||||||||||||||||||
| net interest income: | |||||||||||||||||||||||||||||||||
| gain on servicing asset | -36,221,000 | 82,520,000 | -133,349,000 | -22,857,000 | 11,012,000 | -172,589,000 | 67,369,000 | 21,679,000 | -28,079,000 | -64,085,000 | -6,720,000 | 85,557,000 | 410,624,000 | 4,221,750 | -42,500,000 | -268,051,000 | 327,438,000 | ||||||||||||||||
| gain on investment securities | -8,007,250 | 1,383,000 | -22,437,000 | -10,975,000 | -82,469,000 | -471,000 | 2,172,000 | 10,798,000 | -347,450,000 | -6,426,000 | -197,719,000 | -52,342,000 | 1,626,000 | 28,642,000 | -41,519,000 | 132,868,000 | 37,363,000 | -9,107,000 | 53,492,000 | 6,742,000 | 26,968,000 | 108,219,000 | 2,527,000 | 1,789,000 | 9,931,000 | 361,000 | 31,432,000 | 3,189,000 | 1,539,000 | ||||
| (benefit from) benefit from income taxes | 3,928,500 | -10,458,000 | -3,908,000 | -20,914,000 | -18,164,000 | -8,004,000 | -7,834,000 | -7,577,000 | |||||||||||||||||||||||||
| weighted-average number of shares of common stock: | |||||||||||||||||||||||||||||||||
| basic | 103,555,755,000 | 103,401,940,000 | 95,672,143,000 | 96,176,287,000 | 96,387,877,000 | 92,575,840,000 | 86,179,418,000 | 86,252,104,000 | 344,277,723,000 | 343,998,511,000 | 297,772,001,000 | 307,773,420,000 | 273,718,561,000 | 273,710,765,000 | 273,600,947,000 | 273,705,785,000 | 273,604,079,000 | 305,284,922,000 | 242,014,751,000 | 270,005,212,000 | |||||||||||||
| diluted | 103,910,812,000 | 112,973,317,000 | 95,672,143,000 | 105,628,130,000 | 106,062,378,000 | 92,575,840,000 | 96,076,175,000 | 96,132,100,000 | 344,277,723,000 | 384,822,202,000 | 298,043,538,000 | 346,730,073,000 | 273,718,561,000 | 311,465,060,000 | 273,600,947,000 | 291,876,935,000 | 273,604,079,000 | 306,963,711,000 | 242,432,156,000 | 270,937,960,000 | |||||||||||||
| other comprehensive loss: | |||||||||||||||||||||||||||||||||
| unrealized loss on available-for-sale securities | -44,073,000 | ||||||||||||||||||||||||||||||||
| other comprehensive loss | -44,073,000 | ||||||||||||||||||||||||||||||||
| net interest income | -42,217,000 | -45,679,000 | -49,486,000 | -41,799,000 | -25,897,000 | -16,324,000 | 11,038,000 | 19,902,000 | 22,529,000 | 12,847,000 | 14,158,000 | 19,036,000 | 33,383,000 | 49,859,000 | 60,531,000 | 45,213,000 | 239,362,000 | 110,999,000 | 112,963,000 | 105,566,000 | 90,377,000 | 74,034,000 | 64,068,000 | 60,521,000 | 36,965,000 | 17,371,000 | |||||||
| interest income: | |||||||||||||||||||||||||||||||||
| available-for-sale securities | 77,265,000 | 107,827,000 | 104,195,000 | 97,038,000 | 83,712,000 | 88,472,000 | 55,399,000 | 44,647,000 | 32,729,000 | 35,837,000 | 43,092,000 | 55,652,000 | 72,071,000 | 89,200,000 | 105,730,000 | 717,033,000 | 130,292,000 | 135,466,000 | 124,621,000 | 104,319,000 | 84,214,000 | 71,713,000 | 65,919,000 | 39,959,000 | 19,535,000 | ||||||||
| other | 12,225,750 | 15,781,000 | 13,567,000 | 19,555,000 | 15,591,000 | 5,916,000 | 1,604,000 | 199,000 | 276,000 | 203,000 | 351,000 | 457,000 | 429,000 | 516,000 | 1,597,000 | ||||||||||||||||||
| total interest income | 89,490,750 | 123,608,000 | 117,762,000 | 116,593,000 | 99,303,000 | 94,388,000 | 57,003,000 | 44,846,000 | 33,005,000 | 36,040,000 | 43,443,000 | 56,109,000 | 72,500,000 | 89,716,000 | 107,327,000 | 735,197,000 | 134,835,000 | 137,332,000 | 126,309,000 | 105,904,000 | 85,501,000 | 73,197,000 | 67,739,000 | 40,828,000 | 19,870,000 | ||||||||
| interest expense: | |||||||||||||||||||||||||||||||||
| repurchase agreements | 87,649,750 | 129,298,000 | 116,946,000 | 104,355,000 | 81,975,000 | 57,868,000 | 19,269,000 | 8,343,000 | 4,562,000 | 5,761,000 | 6,981,000 | 8,470,000 | 11,001,000 | 18,652,000 | 50,811,000 | 446,419,000 | 23,018,000 | ||||||||||||||||
| revolving credit facilities | 21,966,500 | 32,526,000 | 29,684,000 | 25,656,000 | 21,854,000 | 15,178,000 | 9,106,000 | 5,676,000 | 5,050,000 | 5,605,000 | 7,075,000 | 4,695,000 | 3,513,000 | 2,391,000 | 2,826,000 | ||||||||||||||||||
| term notes payable | 5,629,000 | 6,634,000 | 8,239,000 | 7,643,000 | 6,906,000 | 5,427,000 | 3,925,000 | 3,256,000 | 3,251,000 | 3,249,000 | 3,225,000 | 3,211,000 | 3,296,000 | 3,321,000 | 3,553,000 | ||||||||||||||||||
| convertible senior notes | 3,541,000 | 4,636,000 | 4,692,000 | 4,836,000 | 4,892,000 | 4,877,000 | 4,801,000 | 5,042,000 | 7,295,000 | 7,267,000 | 7,126,000 | 6,350,000 | 4,831,000 | 4,821,000 | 4,769,000 | ||||||||||||||||||
| total interest expense | 118,786,250 | 173,094,000 | 159,561,000 | 142,490,000 | 115,627,000 | 83,350,000 | 37,101,000 | 22,317,000 | 20,158,000 | 21,882,000 | 24,407,000 | 22,726,000 | 22,641,000 | 29,185,000 | 62,114,000 | 495,835,000 | 23,836,000 | ||||||||||||||||
| servicing expenses | 20,864,750 | 29,903,000 | 25,190,000 | 28,366,000 | 25,272,000 | 21,152,000 | 22,991,000 | 24,704,000 | 21,582,000 | 21,041,000 | 18,680,000 | 24,947,000 | 24,217,000 | 26,197,000 | 23,947,000 | ||||||||||||||||||
| dividends declared per common share | 375 | 450 | 450 | 510 | 680 | 170 | 170 | 127.5 | 170 | 170 | 170 | 82.5 | 140 | 190 | 80 | 320 | 550 | 360 | 400 | 400 | 400 | 400 | 400 | 400 | |||||||||
| loss on interest rate swap and swaption agreements | -82,154,000 | -38,041,000 | -15,599,000 | -6,096,000 | -76,472,000 | -61,014,000 | -22,045,000 | -39,311,000 | -50,808,000 | ||||||||||||||||||||||||
| loss on other derivative instruments | -155,771,000 | -101,762,000 | -276,011,000 | -4,165,500 | -16,662,000 | ||||||||||||||||||||||||||||
| other loss | -29,250 | -44,000 | -40,000 | ||||||||||||||||||||||||||||||
| comprehensive loss: | |||||||||||||||||||||||||||||||||
| comprehensive loss | -50,877,000 | ||||||||||||||||||||||||||||||||
| comprehensive loss attributable to common stockholders | -63,242,000 | ||||||||||||||||||||||||||||||||
| federal home loan bank advances | 155,000 | ||||||||||||||||||||||||||||||||
| management fees | 5,759,000 | 11,429,000 | 25,511,000 | 4,761,000 | 9,082,000 | 9,733,000 | 7,610,000 | 6,743,000 | 5,178,000 | 4,785,000 | 2,728,000 | 1,550,000 | |||||||||||||||||||||
| restructuring charges | -294,000 | -139,788,000 | 145,069,000 | ||||||||||||||||||||||||||||||
| other-than-temporary impairments: | |||||||||||||||||||||||||||||||||
| total other-than-temporary impairment losses | -234,000 | -236,000 | -916,250 | -3,371,000 | -294,000 | ||||||||||||||||||||||||||||
| gain on interest rate swap, cap and swaption agreements | -14,689,000 | 1,401,000 | |||||||||||||||||||||||||||||||
| loss on interest rate swap, cap and swaption agreements | -46,922,000 | ||||||||||||||||||||||||||||||||
| total other loss | -42,658,000 | -66,711,000 | |||||||||||||||||||||||||||||||
| basic loss per weighted-average common share | -700 | ||||||||||||||||||||||||||||||||
| diluted loss per weighted-average common share | -700 | ||||||||||||||||||||||||||||||||
| trading securities | 316,000 | 1,264,000 | 1,295,000 | 1,278,000 | 1,250,000 | 1,050,000 | 1,376,000 | 1,706,000 | 805,000 | 272,000 | |||||||||||||||||||||||
| mortgage loans held-for-sale | 329,500 | 1,318,000 | 247,000 | 167,000 | 126,000 | 69,000 | |||||||||||||||||||||||||||
| mortgage loans held-for-investment in securitization trust | 413,500 | 1,654,000 | |||||||||||||||||||||||||||||||
| cash and cash equivalents | 76,750 | 307,000 | 324,000 | 243,000 | 209,000 | 168,000 | 106,000 | 114,000 | 64,000 | 63,000 | |||||||||||||||||||||||
| collateralized borrowings in securitization trust | 204,500 | 818,000 | |||||||||||||||||||||||||||||||
| non-credit portion of loss recognized in other comprehensive income | |||||||||||||||||||||||||||||||||
| net other-than-temporary credit impairment losses | -59,000 | -236,000 | -1,642,000 | -559,000 | -4,476,000 | -4,275,000 | -1,437,000 | -3,371,000 | -294,000 | ||||||||||||||||||||||||
| gain on mortgage loans held-for-investment and collateralized borrowings in securitization trust | 1,572,250 | 6,289,000 | |||||||||||||||||||||||||||||||
| securitization deal costs | 507,000 | 2,028,000 | |||||||||||||||||||||||||||||||
| income from continuing operations before income taxes | -149,770,000 | 147,303,000 | |||||||||||||||||||||||||||||||
| net income from continuing operations | -186,629,000 | 142,339,000 | |||||||||||||||||||||||||||||||
| income from discontinued operations | 344,250 | 1,377,000 | |||||||||||||||||||||||||||||||
| basic earnings per weighted-average common share: | |||||||||||||||||||||||||||||||||
| continuing operations | 117.5 | 470 | |||||||||||||||||||||||||||||||
| discontinued operations | |||||||||||||||||||||||||||||||||
| diluted earnings per weighted-average common share: | |||||||||||||||||||||||||||||||||
| total other-than temporary impairment losses | -1,642,000 | -559,000 | -4,476,000 | -4,275,000 | |||||||||||||||||||||||||||||
| basic and diluted earnings per weighted-average common share | 110 | 280 | 1,290 | 420 | -10 | 490 | |||||||||||||||||||||||||||
| basic and diluted weighted-average number of shares of common stock | 214,810,579,000 | 186,855,589,000 | 98,826,868,000 | 130,607,566,000 | 77,101,606,000 | 45,612,376,000 | |||||||||||||||||||||||||||
| net income before income taxes | 20,266,500 | 63,997,000 | -6,065,000 | 23,134,000 |
We provide you with 20 years income statements for Two Harbors Investment Corp stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Two Harbors Investment Corp stock. Explore the full financial landscape of Two Harbors Investment Corp stock with our expertly curated income statements.
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