secwatch.observer — SEC 8-K summary
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Issuer:     TWO HARBORS INVESTMENT CORP. (TWO)
CIK:        0001465740
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001465740-24-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Two Harbors reports Q4 2023 book value $15.21, comprehensive income $38.9M ($0.40/share), dividend $0.45
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- Book value per common share $15.21; quarterly dividend $0.45 per share; 2.0% quarterly economic return on book value.
- Comprehensive income $38.9 million ($0.40 per basic share); IXM (non-GAAP) $0.39 per share.
- Issued 7.0M common shares via ATM for $97.8 million; repurchased 221,806 preferred shares.
- Portfolio: $11.4B Agency RMBS and MSR; net TBA position $3.2B; economic debt-to-equity 6.0:1.
- MSR UPB $215.6B, net servicing fee 25.3 bps; 60+ day delinquencies 0.7%; fair value losses $172.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465740/000146574024000042/0001465740-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465740/000146574024000042/two-20240129.htm
  HTML page:      https://secwatch.observer/filing/0001465740-24-000042

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