Quarterly ResultMay 6, 2026, 04:25 PM
Invesco Mortgage Q1 Net Loss $19.9M; EPS $(0.28)
AI Summary
Invesco Mortgage Capital Inc. reported a net loss of $19.9 million for the first quarter of 2026, a significant decline from a net income of $19.6 million in the same period of 2025. This resulted in a basic loss per common share of $(0.28), compared to earnings of $0.26 in the prior year. While net interest income improved, the company experienced a substantial net loss on investments, partially offset by a net gain on derivative instruments. Total assets decreased to $6.27 billion, but stockholders' equity increased to $876.4 million.
Key Highlights
- Net loss of $19.9 million in Q1 2026, compared to $19.6 million net income in Q1 2025.
- Basic loss per common share of $(0.28) in Q1 2026, versus $0.26 earnings in Q1 2025.
- Net interest income increased to $27.0 million in Q1 2026 from $18.8 million in Q1 2025.
- Net loss on investments was $54.9 million in Q1 2026, reversing an $82.2 million gain in Q1 2025.
- Net gain on derivative instruments was $12.9 million in Q1 2026, compared to a $76.7 million loss in Q1 2025.
- Total assets decreased to $6.27 billion as of March 31, 2026, from $6.48 billion at year-end 2025.
- Total stockholders' equity increased to $876.4 million as of March 31, 2026, from $797.5 million at year-end 2025.
- Proceeds from common stock issuance totaled $133.6 million in Q1 2026.
Price Impact
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