Company: TWO-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001465740-25-000104
Chunk: 10

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 10
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 11,971 Net (loss) income(79,055)203,588 Dividends on preferred stock(13,186)(11,784)Gain on repurchase and retirement of preferred stock— 644 Net (loss) income attributable to common stockholders$(92,241)$192,448 Basic (loss) earnings per weighted average common share$(0.89)$1.85 Diluted (loss) earnings per weighted average common share$(0.89)$1.73 Comprehensive income:Net (loss) income$(79,055)$203,588 Other comprehensive income (loss):Unrealized gain (loss) on available-for-sale securities157,172 (103,078)Other comprehensive income (loss)157,172 (103,078)Comprehensive income78,117 100,510 Dividends on preferred stock(13,186)(11,784)Gain on repurchase and retirement of preferred stock— 644 Comprehensive income attributable to common stockholders$64,931 $89,370 

The accompanying notes are an integral part of these consolidated financial statements.

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Table of Contents

TWO HARBORS INVESTMENT CORP. 

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (unaudited)

(in thousands) 

Preferred StockCommon Stock Par ValueAdditional Paid-in CapitalAccumulated Other Comprehensive LossCumulative EarningsCumulative Distributions to StockholdersTotal Stockholders’ EquityBalance, December 31, 2023$613,213 $1,032 $5,925,424 $(176,429)$1,349,973 $(5,509,823)$2,203,390 Net income— — — — 203,588 — 203,588 Other comprehensive loss before reclassifications— — — (109,658)— — (109,658)Amounts reclassified from accumulated other comprehensive loss— — — 6,580 — — 6,580 Other comprehensive loss— — — (103,078)— — (103,078)Repurchase and retirement of preferred stock(11,746)— — — 644 — (11,102)Issuance of common stock, net of offering costs— — 54 — — — 54 Preferred dividends declared—