Two Harbors Investment (TWO) Interest Expense - Fed Funds (2012 - 2026)

Two Harbors Investment's (TWO) quarterly Interest Expense - Fed Funds came in at $74.5 million in Q1 2026, down 30.4% year-on-year from $107.1 million in Q1 2025, and down 8.09% quarter-over-quarter from $81.1 million in Q4 2025.

Two Harbors Investment (TWO) Interest Expense - Fed Funds (2012 - 2026) Analysis & Trends

Two Harbors Investment's Interest Expense - Fed Funds history runs 15 years deep, the most recent figure standing at $74.5 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Fed Funds fell 30.4% year-over-year to $74.5 million in Q1 2026; TTM through Mar 2026 was $355.8 million, a 22.12% decrease from a year earlier, with the FY2025 full-year figure at $388.3 million, down 17.11% from the prior year.
  • Interest Expense - Fed Funds retreated to $74.5 million in Q1 2026 per TWO's latest filing, from $81.1 million in the prior quarter.
  • Across five years, Interest Expense - Fed Funds topped out at $129.3 million in Q3 2023 and bottomed at $8.3 million in Q1 2022.
  • The 5-year median for Interest Expense - Fed Funds is $107.1 million (2025), against an average of $92.5 million.
  • Across the five-year window, Interest Expense - Fed Funds soared 1696.91% in 2022 and plunged 30.4% in 2026, its largest moves.
  • Year by year, Interest Expense - Fed Funds stood at $82.0 million in 2022, then soared by 50.89% to $123.7 million in 2023, then slipped by 9.04% to $112.5 million in 2024, then retreated by 27.93% to $81.1 million in 2025, then fell by 8.09% to $74.5 million in 2026.
  • Per Business Quant, the three latest TWO Interest Expense - Fed Funds figures stand at $74.5 million (Q1 2026), $81.1 million (Q4 2025), and $89.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn -
2 AGNC Investment 11.85 Bn 11.36 Bn -
3 Starwood Property Trust 5.99 Bn 5.94 Bn -
4 Rithm Capital 5.01 Bn 5.01 Bn -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn -
6 Ellington Financial 1.63 Bn 1.51 Bn -
7 Dynex Capital 1.56 Bn 1.05 Bn -
8 Armour Residential REIT 1.42 Bn 1.34 Bn -
9 Two Harbors Investment 1.27 Bn 987.19 Mn -
10 Ladder Capital 1.20 Bn 1.17 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 74.53 Mn
Dec 31, 2025 81.08 Mn
Sep 30, 2025 89.89 Mn
Jun 30, 2025 110.29 Mn
Mar 31, 2025 107.08 Mn
Dec 31, 2024 112.51 Mn
Sep 30, 2024 123.55 Mn
Jun 30, 2024 113.71 Mn
Mar 31, 2024 118.72 Mn
Dec 31, 2023 123.69 Mn
Sep 30, 2023 129.30 Mn
Jun 30, 2023 116.95 Mn
Mar 31, 2023 104.36 Mn
Dec 31, 2022 81.98 Mn
Sep 30, 2022 57.87 Mn
Jun 30, 2022 19.27 Mn
Mar 31, 2022 8.34 Mn
Dec 31, 2021 4.56 Mn
Sep 30, 2021 5.76 Mn
Jun 30, 2021 6.98 Mn