Two Harbors Investment (TWO) Mortgage Banking (2013 - 2017)
Two Harbors Investment's (TWO) quarterly Mortgage Banking came in at $7.8 million in Q4 2017, up 217.08% year-on-year from $2.5 million in Q4 2016, and up 14.57% quarter-over-quarter from $6.8 million in Q3 2017.
Two Harbors Investment (TWO) Mortgage Banking (2013 - 2017) Analysis & Trends
Two Harbors Investment's Mortgage Banking history runs 5 years deep, the most recent figure standing at $7.8 million for Q4 2017.
- On a quarterly basis, Mortgage Banking rose 217.08% year-over-year to $7.8 million in Q4 2017; TTM through Dec 2018 was $14.6 million, a 54.91% increase from a year earlier, with the FY2017 full-year figure at $22.7 million, up 291.68% from the prior year.
- Mortgage Banking advanced to $7.8 million in Q4 2017 per TWO's latest filing, from $6.8 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $20.8 million in Q2 2014 and bottomed at -$17.6 million in Q2 2015.
- The 5-year median for Mortgage Banking is $698500.0 (2014), against an average of $704600.0.
- Across the five-year window, Mortgage Banking surged 1236.91% in 2014 and sank 1032.59% in 2015, its largest moves.
- Year by year, Mortgage Banking stood at -$2.4 million in 2013, then increased by 13.12% to -$2.1 million in 2014, then slumped by 237.43% to -$7.1 million in 2015, then advanced by 6.0% to -$6.7 million in 2016, then surged by 217.08% to $7.8 million in 2017.
- Per Business Quant, the three latest TWO Mortgage Banking figures stand at $7.8 million (Q4 2017), $6.8 million (Q3 2017), and $8.1 million (Q2 2017).
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 |
|---|---|
| Dec 31, 2017 | 7.80 Mn |
| Sep 30, 2017 | 6.81 Mn |
| Jun 30, 2017 | 8.08 Mn |
| Mar 31, 2017 | 6.68 Mn |
| Dec 31, 2016 | -6.66 Mn |
| Sep 30, 2016 | -5.17 Mn |
| Jun 30, 2016 | -9.44 Mn |
| Mar 31, 2016 | 1.48 Mn |
| Dec 31, 2015 | -7.09 Mn |
| Sep 30, 2015 | 1.08 Mn |
| Jun 30, 2015 | -17.61 Mn |
| Mar 31, 2015 | -2.92 Mn |
| Dec 31, 2014 | -2.10 Mn |
| Sep 30, 2014 | -2.20 Mn |
| Jun 30, 2014 | 20.83 Mn |
| Mar 31, 2014 | 313,000.00 |
| Dec 31, 2013 | -2.42 Mn |
| Sep 30, 2013 | 8.77 Mn |
| Jun 30, 2013 | 1.56 Mn |
| Mar 31, 2013 | 6.29 Mn |