Two Harbors posts $221.8M comprehensive loss; $199.9M litigation charge sinks book value to $12.14

TWO HARBORS INVESTMENT CORP.

2025-Q2 EPS reported -$3.51 vs consensus $0.37 ▼ miss (-1052.0%)

Comprehensive loss of $221.8M ($2.13/share); GAAP net loss $272.3M ($2.62/share).
Recorded $199.9M contingency liability for PRCM Advisers litigation; excluding this, comprehensive loss was $21.9M.
Declared Q2 common dividend of $0.39/share; quarterly economic return on book value of -14.5%.
Issued $115M of 9.375% senior notes due 2030, net proceeds $110.8M.
Book value per share fell to $12.14 from $14.66 at March 31, 2025.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.