Invesco Mortgage Capital Inc. reports developments for a mortgage REIT that invests in, finances and manages mortgage-backed securities and other mortgage-related assets. Company updates commonly cover quarterly earnings, earnings available for distribution, book value, economic return, common stock dividends and leverage measures tied to its Agency RMBS, Agency CMBS and TBA positions.
Recurring news also includes portfolio characteristics, liquidity, repurchase agreement financing, interest-rate and mortgage-spread commentary, and governance changes at the externally managed REIT. The company is managed and advised by Invesco Advisers, Inc., an indirect wholly owned subsidiary of Invesco Ltd.
Invesco Mortgage Capital (IVR) reported a third-quarter 2026 net loss of $0.92 per common share, reversing the prior quarter’s profit. Net loss attributable to common stockholders was $98.8 million, versus $31.8 million of income in Q2. Non-GAAP earnings available for distribution per share fell to $0.47 from $0.50, while common dividends remained $0.36 per share.
Book value per common share declined 16.1% to $6.74 at September 30 from $8.03 at June 30. Economic return, combining book-value changes and dividends, was negative 11.6%, versus positive 3.8% in Q2. Net interest income rose to $33.9 million from $30.1 million, but average net interest margin narrowed to 1.38% from 1.42%. Debt-to-equity increased to 7.6x from 6.3x. The company issued 6,706,923 common shares for $51.0 million in net proceeds and shifted capital from commercial to residential mortgage-backed securities.
Invesco Mortgage Capital (NYSE: IVR) will announce its third quarter 2026 results after market close on October 29, 2026.
A conference call and audio webcast to review the results will follow on October 30, 2026, at 9:00 a.m. ET. A presentation will be available on the company's website before the call, and an audio replay will be available until November 13, 2026.
Invesco Mortgage Capital (NYSE: IVR) declared an October common-stock dividend of $0.12 per share, payable November 16, 2026. The record and ex-dividend dates are October 26, 2026.
Preliminary, unaudited September 30 figures include estimated book value of $6.74 per common share and $401.3 million in unrestricted cash and unencumbered investments. The investment portfolio, including forward mortgage-security contracts called TBAs, was approximately $8.0 billion. Mortgage securities excluding TBAs had a 5.28% weighted average yield. Repurchase borrowings were approximately $6.8 billion, with a 3.97% weighted average interest rate and 20-day weighted average remaining maturity. Debt-to-equity was 7.6x, or 8.3x including additional economic exposure. Interest-rate swaps carried a 2.72% average fixed payment rate versus a 3.90% floating receipt rate. Short Treasury futures totaled $1.605 billion in notional amount. The preliminary figures could undergo material revisions.
Invesco Mortgage Capital (IVR) declared a cash dividend of $0.12 per common share for September 2026, payable October 15, 2026 to shareholders of record and ex-dividend on September 28, 2026.
As of August 31, 2026, the company reports a total investment portfolio including TBAs of $8.3 billion, unrestricted cash and unencumbered investments of $534.7 million, and repurchase agreement borrowings of $6.9 billion. Estimated book value per common share is $7.74, with a GAAP debt‑to‑equity ratio of 6.8x and an economic debt‑to‑equity ratio of 7.5x.
The portfolio is 91.8% Agency RMBS/CMO/CMBS and 8.2% Agency TBAs, with 30‑year fixed‑rate Agency RMBS the largest holding. Hedging instruments include $5.04 billion notional of interest rate swaps and $1.61 billion notional short U.S. Treasury futures. All August figures are preliminary, unaudited month‑end data.
Invesco Mortgage Capital (NYSE: IVR) declared a cash dividend of $0.12 per common share for August 2026, payable September 15, 2026 to shareholders of record and ex-dividend on August 25, 2026.
According to Invesco Mortgage Capital, preliminary unaudited data as of July 31, 2026 show a total investment portfolio including TBAs of $8.1 billion, unrestricted cash and unencumbered investments of $549.3 million, and total repurchase agreement borrowings of $6.5 billion. Estimated book value per common share was $7.75, based on common equity after preferred liquidation preference and 107.6 million common shares outstanding. The reported debt-to-equity ratio was 6.5x, with an economic debt-to-equity ratio of 7.4x, which incorporates TBAs at implied cost basis and unsettled trade balances.
The investment portfolio was primarily Agency RMBS, with 30-year fixed-rate pass-throughs representing 78.1% of fair value and total Agency securities (including CMOs and CMBS) at 90.0%. Hedging positions included $4.8 billion notional in interest rate swaps and $1.6 billion notional in short U.S. Treasury futures.
Invesco Mortgage Capital (NYSE: IVR) announced that Peter Graham has joined its Board of Directors, effective August 3, 2026. Graham is Co‑President and Chief Financial Officer of Sallie Mae and has over 30 years of financial services and corporate finance experience, including prior roles at PRA Group and General Electric.
He will also serve on the Board’s Audit, Compensation, and Nomination and Corporate Governance committees. Invesco Mortgage Capital is a real estate investment trust focused on mortgage-backed securities and other mortgage-related assets, and is externally managed by Invesco Advisers, an indirect subsidiary of Invesco.
Invesco Mortgage Capital (NYSE: IVR) reported Q2 2026 net income attributable to common stockholders of $31.8 million, or $0.34 per share, compared with a net loss of $23.1 million, or $(0.28) per share, in Q1 2026. Earnings available for distribution were $47.1 million, or $0.50 per common share, down from $0.55 in Q1. The company paid monthly common dividends totaling $0.36 per share, unchanged sequentially, and reported book value per common share of $8.03 versus $8.08 as of March 31, 2026, resulting in a quarterly economic return of 3.8%.
The $8.2 billion investment portfolio at quarter-end consisted of $6.0 billion Agency RMBS, $1.2 billion Agency TBA and $0.9 billion Agency CMBS, with unrestricted cash and unencumbered investments of $548.3 million. Average earning assets rose to $6.63 billion, net interest income increased to $30.1 million, and the economic debt-to-equity ratio remained 7.5x, while GAAP debt-to-equity increased to 6.3x. The company issued 14.85 million common shares for $118.0 million and repurchased 47,222 Series C preferred shares.
Invesco Mortgage Capital (NYSE: IVR) plans to release its second quarter 2026 financial results on Thursday, July 30, 2026, after market close. Management will review the results on a conference call and audio webcast on Friday, July 31, 2026, at 9:00 a.m. ET, with prepared materials posted on the company’s website.
Invesco Mortgage Capital (NYSE: IVR) declared a $0.12 cash dividend per common share for July 2026, payable on August 14, 2026 to stockholders of record and with an ex-dividend date of July 27, 2026.
As of June 30, 2026, the Company reported a total investment portfolio including TBAs of $8.2 billion, unrestricted cash and unencumbered investments of $548.3 million, and total repurchase agreement borrowings of $6.2 billion. Estimated book value per common share was $8.03, based on stockholders’ equity net of $168.6 million preferred liquidation preference and 102.4 million common shares outstanding. The GAAP debt-to-equity ratio was 6.3x and economic debt-to-equity ratio 7.5x, incorporating $1.2 billion of TBAs at implied cost basis.
The investment portfolio was 85.3% Agency MBS with a period-end weighted average yield of 5.29%, including 73.4% in 30-year fixed-rate pass-throughs. Hedging instruments included $4.8 billion notional interest rate swaps and $1.28 billion notional short U.S. Treasury futures. All figures are preliminary, unaudited and subject to change.
Broadway Financial (NASDAQ: BYFC), parent of City First Bank, appointed Tina Carew as Executive Vice President, Chief Legal Officer and Corporate Secretary.
Carew brings 29+ years of experience in regulatory compliance, capital markets, and corporate transactions, and will oversee governance, disclosure, and board advisory functions to support City First Bank’s growth strategy.