Two Harbors Investment (TWOD) FHLB Advances (2014 - 2020)
Two Harbors Investment (TWOD) recorded FHLB Advances of $50 million in Q1 2020, down 94.2% from $865.02 million a year earlier and down 76.2% from the prior quarter.
Two Harbors Investment (TWOD) FHLB Advances (2014 - 2020) Analysis & Trends
At the end of FY2019, Two Harbors Investment reported FHLB Advances of $210 million, down 75.7% from FY2018.
- Annual FHLB Advances has declined for three straight years, with a five-year compound annual growth rate of -39.1% (FY2014 to FY2019).
- Across earlier years, FHLB Advances came in at $865.02 million in FY2018 (-28.8%), $1.22 billion in FY2017 (-69.6%), $4 billion in FY2016 (+5.7%) and $3.79 billion in FY2015 (+51.4%).
- Quarterly FHLB Advances has ranged from $50 million in Q2 2019 to $4 billion in Q4 2016 over the past five years.
- On a year-over-year basis, FHLB Advances has declined for four consecutive quarters, with an average decline of 64.7% over the last eight quarters.
- Peak year-over-year performance for FHLB Advances in the last five years was growth of 147.3% in Q3 2015, against a decline of 94.2% in Q2 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $210 million (Q4 2019), $50 million (Q3 2019) and $50 million (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FHLB Advances (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.45 Bn | 29.13 Bn | - | - |
| 2 | Orix | 41.46 Bn | 10.67 Bn | 12.74 Bn | - |
| 3 | Royalty Pharma | 37.27 Bn | 37.19 Bn | - | - |
| 4 | Affirm Holdings | 24.72 Bn | 18.41 Bn | - | - |
| 5 | Federal National Mortgage Association Fannie Mae | 23.76 Bn | 23.76 Bn | - | - |
| 6 | Synchrony Financial | 23.45 Bn | -44.18 Bn | - | - |
| 7 | Royal Gold | 20.49 Bn | 19.71 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.34 Bn | 5.37 Bn | - | - |
| 9 | Ares Capital | 13.38 Bn | 11.13 Bn | - | - |
| 10 | Two Harbors Investment | 2.69 Bn | -37.29 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 50.00 Mn |
| Dec 31, 2019 | 210.00 Mn |
| Sep 30, 2019 | 50.00 Mn |
| Jun 30, 2019 | 50.00 Mn |
| Mar 31, 2019 | 865.02 Mn |
| Dec 31, 2018 | 865.02 Mn |
| Sep 30, 2018 | 865.02 Mn |
| Jun 30, 2018 | 865.02 Mn |
| Mar 31, 2018 | 865.02 Mn |
| Dec 31, 2017 | 1.22 Bn |
| Sep 30, 2017 | 2.00 Bn |
| Jun 30, 2017 | 3.24 Bn |
| Mar 31, 2017 | 3.57 Bn |
| Dec 31, 2016 | 4.00 Bn |
| Sep 30, 2016 | 4.00 Bn |
| Jun 30, 2016 | 4.00 Bn |
| Mar 31, 2016 | 4.00 Bn |
| Dec 31, 2015 | 3.79 Bn |
| Sep 30, 2015 | 3.71 Bn |
| Jun 30, 2015 | 3.00 Bn |
Two Harbors Investment FHLB Advances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fhlb-advances&ticker=TWOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fhlb-advances", "ticker": "TWOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fhlb-advances&ticker=TWOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();