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Two Harbors Invt Corp (TWO)

Two Harbors Invt Corp (TWO)
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Two Harbors Investment Corp is a Real Estate Investment Trust that focuses on investing in, financing and managing residential mortgage-backed securities and mortgage loans. Its objective is to provide risk-adjusted returns to investors through dividends and capital appreciation. Two Harbors intends to acquire and manage a portfolio of mortgage-backed securities, focusing on security selection and the relative value of various sectors within the mortgage market. As an investment strategy, the company expects to deploy moderate borrowings through, with respect to Agency RMBS, short-term borrowings structured as repurchase agreements and, with respect to non-Agency RMBS and residential mortgage loans, private funding sources. It may also finance portions of its portfolio through non-recourse term borrowing facilities and equity financing under the Legacy Loan Program and Term Asset-Backed Securities Lending Facility (TALF), if such financing becomes available.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 89,920 93,620 117,080 111,380 103,770
Sales Growth -3.95% -20.04% +5.12% +7.33% -7.87%
Net Income 11,720 -127,920 -259,040 -79,060 276,730
Net Income Growth +109.16% +50.62% -227.65% -128.57% +216.03%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 10,859,220 10,866,410 12,959,140 13,683,310 12,204,320
Total Assets Growth -0.07% -16.15% -5.29% +12.12% -5.30%
Total Liabilities 9,071,290 9,094,690 11,073,110 11,536,520 10,081,810
Total Liabilities Growth -0.26% -17.87% -4.02% +14.43% -5.94%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow -28,210 211,030 111,910 201,000 222,060
Operating Cash Flow Growth -113.37% +88.57% -44.32% -9.48% +64.51%
Net Cash Flow 69,280 -19,340 -119,920 22,810 -183,130
Change in Net Cash Flow +458.22% +83.87% -625.73% +112.46% -2,186.27%
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