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Jun 30, 2020
Invesco Mortgage Capital Q2 2020 Earnings Report
Financial results reported for the quarter driven by market disruption associated with the COVID-19 pandemic.
Key Takeaways
Invesco Mortgage Capital Inc. reported financial results for Q2 2020, which were significantly impacted by the COVID-19 pandemic. The company increased liquidity and reduced leverage through dispositions, repaid $6.9 billion in borrowings, and reduced credit assets to $1.1 billion. A net loss attributable to common stockholders was reported at $299.9 million, with book value per common share declining to $3.17.
Increased liquidity and reduced leverage through select dispositions of credit investments.
Repaid borrowings totaling $6.9 billion during the quarter.
Reduced credit assets to $1.1 billion and secured loans to $305.0 million as of July 31, 2020.
Increased Agency RMBS holdings to $2.2 billion as of July 31, 2020, focusing on hedging and maintaining liquidity.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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