Invesco Mortgage Capital Inc Reports Second Quarter 2021 Financial Results
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Invesco Mortgage Capital Inc Reports First Quarter 2021 Financial Results
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ATLANTA, Feb. 22, 2021 /PRNewswire/ Invesco Mortgage Capital Inc. (NYSE: IVR) (the Company ) today announced financial results for the quarter ended December 31, 2020.
Reported net income per common share
$0.59 compared to $0.53 per common share in Q3 2020
Increased core earnings per common share
$0.10 compared to $0.06 per common share in Q3 2020
Raised common stock dividend
Increased book value per common share
$3.86 compared to $3.47 per common share at Q3 2020
Generated economic return
Update from John Anzalone, Chief Executive Officer We are pleased to announce core earnings of $0.10 per common share for the fourth quarter of 2020. During the quarter, we largely completed our portfolio reallocation to Agency residential mortgage-backed securities ( Agency RMBS ) following the market disruption associated with the COVID-19 pandemic. Approximately 98% of our $8.2 billion investment portfolio was invested in Agency RM