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Sep 30, 2020
Invesco Mortgage Capital Q3 2020 Earnings Report
Announced financial results for the quarter ended September 30, 2020.
Key Takeaways
Invesco Mortgage Capital Inc. reported a net income of $96.9 million, or $0.53 per common share, for the third quarter of 2020. The company resumed investing in Agency RMBS and reduced exposure to credit investments. Book value per common share increased by 9.5% to $3.47.
Reported net income per common share of $0.53 compared to a net loss of ($1.80) in Q2 2020
Announced core earnings of $0.06 per common share
Raised common stock dividend to $0.05 per common share compared to $0.02 in Q2 2020
Increased book value per common share to $3.47 from $3.17 as of June 30, 2020
Forward Guidance
The Company intends to increase its equity allocation to Agency RMBS in the fourth quarter of 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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