TWO HARBORS INVESTMENT CORP.TWO
Market cap
$1B
P/E ratio
| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Interest income | - | - | 556 | 577 | 602 | 633 | 745 | 870 | 995 | 525 | 169 | 296 | 480 | 450 |
| Interest expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 608 |
| Net interest expense | 179 | 383 | 455 | 470 | 460 | 412 | 395 | 350 | 280 | 244 | 79 | 37 | -163 | -158 |
| Servicing income | - | - | 12 | 128 | 127 | 144 | 209 | 343 | 502 | 443 | 468 | 604 | 686 | 682 |
| Servicing costs | - | - | 4 | 26 | 28 | 33 | 35 | 61 | 75 | 94 | 86 | 94 | 95 | 20 |
| Net servicing income | - | - | - | - | - | - | - | - | - | - | - | - | 590 | 662 |
| Loss on investment securities | - | - | - | 87 | 363 | -107 | -35 | -341 | 280 | -1,000 | 122 | -604 | -70 | -40 |
| (Loss) gain on servicing asset | - | - | 14 | -128 | -100 | -84 | -91 | -69 | -698 | -936 | -115 | 425 | -112 | -63 |
| Gain (loss) on interest rate swap and swaption agreements | - | - | - | -346 | -211 | 45 | -10 | 16 | -108 | -311 | 42 | 29 | -53 | 148 |
| Loss on other derivative instruments | 27 | -41 | 95 | -18 | -5 | 99 | -70 | -55 | 260 | 90 | -251 | 9 | -166 | -41 |
| Gain (Loss) on Sales of Loans, Net | - | - | - | - | 0 | - | - | - | - | - | - | - | - | 1 |
| Other income | - | - | - | - | -22 | -6 | 28 | 3 | 0 | 1 | -4 | -0 | 5 | 1 |
| Total other income (loss) | - | - | - | - | 168 | 108 | 34 | -103 | 236 | -1,712 | 262 | 464 | -396 | 7 |
| Compensation and benefits | - | - | - | - | - | - | - | - | - | 38 | 35 | 41 | 53 | 90 |
| Other operating expenses | 10 | 18 | 37 | 56 | 64 | 63 | 54 | 63 | 57 | 29 | 29 | 42 | 62 | 76 |
| Total expenses | 24 | 51 | 87 | 136 | 152 | 152 | 130 | 249 | 192 | 198 | 150 | 177 | 115 | 166 |
| Income (loss) before income taxes | - | 245 | 659 | 93 | 476 | 366 | 298 | -2 | 310 | -1,666 | 191 | 324 | -83 | 345 |
| Income Tax Expense (Benefit) | -1 | -42 | 84 | -74 | -16 | 12 | -10 | 42 | -14 | -36 | 4 | 104 | 23 | 47 |
| Net income (loss) | - | - | - | - | - | - | 352 | -44 | 324 | -1,630 | 187 | 220 | -106 | 298 |
| Dividends on preferred stock | - | - | - | - | - | - | 25 | 65 | 76 | 76 | 58 | 54 | 49 | 47 |
| Preferred Stock Redemption Discount | - | - | - | - | - | - | - | - | - | - | - | 20 | 3 | 1 |
| Net income (loss) attributable to common stockholders | - | - | - | - | - | - | - | - | - | - | 129 | 187 | -152 | 252 |
| Earnings Per Share, Basic | - | 1.21 | 1.65 | 0.46 | 1.35 | - | 1.85 | -0.53 | 0.93 | -6.24 | 0.43 | 2.15 | -1.6 | 2.41 |
| Earnings Per Share, Diluted | - | 1.2 | 1.65 | 0.46 | 1.35 | - | 1.81 | -0.53 | 0.93 | -6.24 | 0.43 | 2.13 | -1.6 | 2.37 |
| Net income (loss) | - | - | - | - | - | - | 352 | -44 | 324 | -1,630 | 187 | 220 | -106 | 298 |
| Unrealized (loss) gain on available-for-sale securities | - | 755 | -252 | 411 | -497 | -160 | 136 | -234 | 579 | -48 | -455 | -465 | 102 | -144 |
| Other comprehensive (loss) income | - | 755 | -252 | 411 | -497 | -160 | 136 | -234 | 579 | -48 | -455 | -465 | 102 | -144 |
| Comprehensive income (loss) | - | 1,047 | 327 | 578 | -5 | 193 | 488 | -278 | 903 | -1,678 | -268 | -245 | -4 | 154 |
| Dividends on preferred stock | - | - | - | - | - | - | 25 | 65 | 76 | 76 | 58 | 54 | 49 | 47 |
| Preferred Stock Redemption Discount | - | - | - | - | - | - | - | - | - | - | - | 20 | 3 | 1 |
| Comprehensive (loss) income attributable to common stockholders | - | - | - | - | - | - | 459 | -344 | 827 | -1,754 | -326 | -278 | -50 | 108 |