---
schema_version: "secwatch.filing_event.v1"
accession: "0001465740-23-000131"
form_type: "8-K"
ticker: "TWO"
cik: "0001465740"
company_name: "TWO HARBORS INVESTMENT CORP."
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:47:53.080630+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Two Harbors posts Q3 comprehensive loss of $56.8M; BV drops to $15.36; completed RoundPoint acquisition

## Summary
- Comprehensive loss of $56.8M ($0.61/sh) vs GAAP net income $294M due to market-driven value changes.
- Book value per share fell to $15.36 from $16.39; economic return -3.5%; Q3 dividend unchanged at $0.45/sh.
- Closed acquisition of RoundPoint Mortgage Servicing; expects $25-30M accretion to pre-tax earnings in 2024.
- MSR portfolio UPB $218.7B; settled $472.2M UPB flow-sale acquisitions; prepayment speeds declined.

## SEC filing metadata
- accession: 0001465740-23-000131
- form_type: 8-K
- ticker: TWO
- cik: 0001465740
- company_name: TWO HARBORS INVESTMENT CORP.
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465740/000146574023000131/0001465740-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465740/000146574023000131/two-20231030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001465740-23-000131
- JSON: https://secwatch.observer/filing/0001465740-23-000131.json
- Plain text: https://secwatch.observer/filing/0001465740-23-000131.txt

## Key facts
- Earnings Releases
  TWO HARBORS INVESTMENT CORP. reported financial results for the quarter ended September 30, 2023.
  - Period: the quarter ended September 30, 2023
  - Result: reported results
  source text: On October 30, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1465740/000146574023000131/0001465740-23-000131-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.