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| Date | Value |
|---|---|
| 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 |