Two Harbors Investment (TWO) Tops Q4 EPS by 1c

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Two Harbors Investment Corp. Reports Fourth Quarter 2021 Financial Results

February 9, 2022 4:17 PM EST

Overall Performance Driven by Spread Widening

NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust (REIT), today announced its financial results for the quarter ended December 31, 2021.

Quarterly Summary

Reported book value of $5.87 per common share, representing a (5.6)% quarterly return on book value(1) Generated Comprehensive Loss of $128.6 million, representing an annualized return on average common equity of (24.7)% Reported Earnings Available for Distribution (EAD) of $73.3 million, or $0.22 per weighted average basic common... More