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Two Harbors Investment Corporation Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Two Harbors Investment Corporation holds $10.5B in total assets. Cash and equivalents total $476.3M. Based on the Q1 2026 filing.

Total Assets$10.5BTotal Stockholders Equity$2.2BCash And Equivalents$476.3M
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$1.3B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued interest$86.0M$75.4M$80.2M$45.2M$81.9M$44.5M
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase)$2.0M$8.0M$9.3M$8.5M$9.4M$12.7M
Dividends payable$58.7M$60.4M$54.2M$49.0M$48.9M$48.9M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$5.9B$5.9B$5.9B$5.9B$5.9B$6.0B
Accumulated other comprehensive income (loss)-$320.5M-$163.4M-$112.9M-$51.8M-$87.0K-$44.3M
Common stock$1.0M$1.0M$1.0M$1.0M$1.0M$1.1M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.0M$1.0M$1.0M$1.0M$1.0M$1.1M
Cumulative earnings$1.6B$1.6B$1.3B$1.2B$1.2B$1.2B
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$601.5M$601.5M$601.5M$601.5M$601.5M$601.5M
Preferred stock$601.5M$601.5M$601.5M$601.5M$601.5M$601.5M
Distributions in excess of accumulated earnings$5.7B$5.8B$5.9B$5.9B$6.0B$6.0B
Total liabilities and stockholders' equity$12.2B$13.7B$13.0B$10.9B$10.9B$10.5B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Federal funds sold and securities purchased under resale agreements$356.0M$227.8M$228.6M$158.1M$157.1M$170.9M
Cash and cash equivalents$504.6M$573.9M$657.8M$770.5M$842.3M$476.3M
Derivative assets$10.1M$27.6M$88.7M$135.4M$87.5M$71.2M
Loans held for sale$2.3M$8.4M$9.9M$12.6M$13.6M$18.5M
Restricted cash$313.0M$123.8M$140.5M$116.4M$219.6M$283.8M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commitments and contingencies$0.0$0.0————
Gross Assets/Liabilities$24.9M$3.1M$2.7M$7.7M$4.3M$11.3M
Repurchase liability$7.8B$9.7B$8.8B$7.1B$7.3B$7.2B
Available for sale investments$7.4B$8.6B$8.3B$6.3B$6.5B$6.5B
Convertible Notes Payable$260.2M$260.6M$260.9M$261.4M$261.8M$0.0
Derivative Liability$24.9M$3.1M$2.7M$7.7M$4.3M$11.3M
Due from Broker$386.5M$920.4M$285.6M$505.4M$379.3M$432.2M
Due To Correspondent Brokers$648.6M$289.5M$388.5M$390.6M$215.8M$247.5M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets-$24.6M$2.8M$202.0K$9.5M—-$4.1M
Available-for-sale securities$7.4B$8.6B$8.3B$6.3B$6.5B$6.5B
Mortgage servicing rights$3.0B$3.0B$3.0B$2.6B$2.4B$2.4B
Other Assets$232.5M$195.5M$175.0M$164.7M$194.1M$162.6M
Fair value of servicing rights$3.0B$3.0B$3.0B$2.6B$2.4B$2.4B
Other non-current assets$232.5M$195.5M$175.0M$164.7M$194.1M$162.6M
Total assets$12.2B$13.7B$13.0B$10.9B$10.9B$10.5B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revolving credit facilities$1.0B$933.2M$1.0B$945.4M$919.4M$916.9M
Other non-current liabilities$176.1M$165.7M$172.0M$171.4M$163.2M$164.0M
Senior unsecured notes, net$0.0—$110.9M$110.9M$111.1M$111.2M
Total liabilities$10.1B$11.5B$11.1B$9.1B$9.1B$8.8B