Two Harbors Investment (TWO) Non-Interest Income (2011 - 2026)

Two Harbors Investment's (TWO) quarterly Non-Interest Income came in at $7.3 million in Q1 2026, up 105.64% year-on-year from $3.6 million in Q1 2025, and up 107.45% quarter-over-quarter from -$98.5 million in Q4 2025.

Two Harbors Investment (TWO) Non-Interest Income (2011 - 2026) Analysis & Trends

Two Harbors Investment's Non-Interest Income history runs 16 years deep, the most recent figure standing at $7.3 million for Q1 2026.

  • On a quarterly basis, Non-Interest Income rose 105.64% year-over-year to $7.3 million in Q1 2026; TTM through Mar 2026 was -$152.6 million, a 15.33% decrease from a year earlier, with the FY2025 full-year figure at -$184.7 million, down 368.15% from the prior year.
  • Non-Interest Income improved to $7.3 million in Q1 2026 per TWO's latest filing, from -$98.5 million in the prior quarter.
  • Across five years, Non-Interest Income topped out at $212.8 million in Q3 2022 and bottomed at -$301.1 million in Q1 2023.
  • The 5-year median for Non-Interest Income is -$98.5 million (2025), against an average of -$53.5 million.
  • Biggest YoY gain for Non-Interest Income was 12941.97% in 2022; the steepest drop was 1068.74% in 2022.
  • Year by year, Non-Interest Income stood at -$294.5 million in 2022, then rose by 5.24% to -$279.0 million in 2023, then jumped by 164.26% to $179.3 million in 2024, then sank by 154.93% to -$98.5 million in 2025, then surged by 107.45% to $7.3 million in 2026.
  • Per Business Quant, the three latest TWO Non-Interest Income figures stand at $7.3 million (Q1 2026), -$98.5 million (Q4 2025), and $54.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Interest Income (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 200.52 Mn
2 AGNC Investment 11.85 Bn 11.36 Bn - 95.00 Mn
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 - 110.01 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 8.72 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 7.34 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - -2.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.34 Mn
Dec 31, 2025 -98.50 Mn
Sep 30, 2025 54.89 Mn
Jun 30, 2025 -116.37 Mn
Mar 31, 2025 -130.00 Mn
Dec 31, 2024 179.31 Mn
Sep 30, 2024 -203.55 Mn
Jun 30, 2024 21.89 Mn
Mar 31, 2024 135.21 Mn
Dec 31, 2023 -279.04 Mn
Sep 30, 2023 199.47 Mn
Jun 30, 2023 100.37 Mn
Mar 31, 2023 -301.13 Mn
Dec 31, 2022 -294.47 Mn
Sep 30, 2022 212.85 Mn
Jun 30, 2022 -206.14 Mn
Mar 31, 2022 -191.03 Mn
Dec 31, 2021 30.40 Mn
Sep 30, 2021 1.63 Mn
Jun 30, 2021 93.48 Mn