IVR on NYSE
Invesco Mortgage Capital Inc.
American real estate investment trust based in Atlanta, active since 2008.
Price unavailable
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest income | $295.3M | $286.5M | $277.9M |
| Interest expense | $219.9M | $249.7M | $228.2M |
| Net interest income | $75.4M | $36.8M | $49.7M |
| Gain (loss) on investments, net | $149.3M | -$133.9M | -$107.3M |
| (Increase) decrease in provision for credit losses | $0 | -$458.0K | -$320.0K |
| Equity in earnings (losses) of unconsolidated ventures | $0 | -$193.0K | -$1.0K |
| Gain (loss) on derivative instruments, net | -$104.9M | $176.6M | $61.8M |
| Other investment income (loss), net | $0 | $2.0K | -$66.0K |
| Total other income (loss) | $44.4M | $42.1M | -$45.8M |
| Management fee related party | $11.3M | $11.9M | $12.3M |
| General and administrative | $7.3M | $7.2M | $7.4M |
| Total expenses | $18.6M | $19.0M | $19.7M |
| Net income (loss) | $101.3M | $59.9M | -$15.9M |
| Dividends to preferred stockholders | -$13.1M | -$22.0M | -$23.2M |
| Gain (loss) on repurchase and retirement of preferred stock | $14.0K | $427.0K | $1.5M |
| Issuance and redemption costs of redeemed preferred stock | $0 | -$3.5M | $0 |
| Net income (loss) attributable to common stockholders | $88.2M | $34.8M | -$37.5M |
| Net income (loss) attributable to common stockholders | $88.2M | $34.8M | -$37.5M |
| Basic (in usd per share) | $1.32 | $0.65 | -$0.85 |
| Diluted (in usd per share) | $1.32 | $0.65 | -$0.85 |
| Basic (in shares) | 66.9M shares | 53.8M shares | 44.1M shares |
| Diluted (in shares) | 66.9M shares | 53.8M shares | 44.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Mortgage-backed securities, at fair value (including pledged securities of $5,879,318 and $5,129,486, respectively, net of allowance for credit losses of $0 and $654, respectively) | $6.3B | $5.4B | ||
| Cash and cash equivalents | $56.0M | $73.4M | ||
| Restricted cash | $110.4M | $137.5M | ||
| Due from counterparties | $0 | $580.0K | ||
| Investment related receivable | $27.8M | $24.9M | ||
| Derivative assets, at fair value | $4.4M | $5.0M | ||
| Other assets | $594.0K | $1.2M | ||
| Total assets | $6.5B | $5.7B | ||
| Repurchase agreements | $5.6B | $4.9B | ||
| Derivative liabilities, at fair value | $0 | $627.0K | ||
| Dividends payable | $25.8M | $24.7M | $19.4M | |
| Accrued interest payable | $28.7M | $32.7M | ||
| Accounts payable and accrued expenses | $1.6M | $1.6M | ||
| Due to affiliate | $3.0M | $3.7M | ||
| Total liabilities | $5.7B | $5.0B | ||
| 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock: 6,854,131 shares and 7,206,659 shares issued and outstanding, respectively ($171,353 and $180,166 aggregate liquidation preference, respectively) | $165.8M | $174.3M | ||
| Common Stock, par value $0.01 per share; 134,000,000 shares authorized; 71,790,532 and 61,729,693 shares issued and outstanding, respectively | $718.0K | $617.0K | ||
| Additional paid in capital | $4.2B | $4.1B | ||
| Accumulated other comprehensive income | $0 | $173.0K | ||
| Retained earnings (distributions in excess of earnings) | -$3.6B | -$3.6B | ||
| Total stockholders equity | $797.5M | $730.7M | $782.7M | $804.1M |
| Total liabilities and stockholders' equity | $6.5B | $5.7B | ||
| Marketable securities pledged as collateral | $5.9B | $5.1B | ||
| Financing receivable, allowance for credit loss | $0 | $654.0K | ||
| Preferred stock, par value (in usd per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 50.0M shares | 50.0M shares | ||
| Preferred stock, dividend rate stated percentage | 0 pure | 0 pure | ||
| Preferred stock, shares issued (in shares) | 6.9M shares | 7.2M shares | ||
| Preferred stock, shares outstanding (in shares) | 6.9M shares | 7.2M shares | ||
| Preferred stock, aggregate liquidation preference | $171.4M | $180.2M | ||
| Common stock, par value (in usd per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 134.0M shares | 134.0M shares | ||
| Common stock, shares issued (in shares) | 71.8M shares | 61.7M shares | ||
| Common stock, shares outstanding (in shares) | 71.8M shares | 61.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Mortgage-backed securities, at fair value (including pledged securities of $5,879,318 and $5,129,486, respectively, net of allowance for credit losses of $0 and $654, respectively) | $6.3B | $5.4B | ||
| Cash and cash equivalents | $56.0M | $73.4M | ||
| Restricted cash | $110.4M | $137.5M | ||
| Due from counterparties | $0 | $580.0K | ||
| Investment related receivable | $27.8M | $24.9M | ||
| Derivative assets, at fair value | $4.4M | $5.0M | ||
| Other assets | $594.0K | $1.2M | ||
| Total assets | $6.5B | $5.7B | ||
| Repurchase agreements | $5.6B | $4.9B | ||
| Derivative liabilities, at fair value | $0 | $627.0K | ||
| Dividends payable | $25.8M | $24.7M | $19.4M | |
| Accrued interest payable | $28.7M | $32.7M | ||
| Accounts payable and accrued expenses | $1.6M | $1.6M | ||
| Due to affiliate | $3.0M | $3.7M | ||
| Total liabilities | $5.7B | $5.0B | ||
| 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock: 6,854,131 shares and 7,206,659 shares issued and outstanding, respectively ($171,353 and $180,166 aggregate liquidation preference, respectively) | $165.8M | $174.3M | ||
| Common Stock, par value $0.01 per share; 134,000,000 shares authorized; 71,790,532 and 61,729,693 shares issued and outstanding, respectively | $718.0K | $617.0K | ||
| Additional paid in capital | $4.2B | $4.1B | ||
| Accumulated other comprehensive income | $0 | $173.0K | ||
| Retained earnings (distributions in excess of earnings) | -$3.6B | -$3.6B | ||
| Total stockholders equity | $797.5M | $730.7M | $782.7M | $804.1M |
| Total liabilities and stockholders' equity | $6.5B | $5.7B | ||
| Marketable securities pledged as collateral | $5.9B | $5.1B | ||
| Financing receivable, allowance for credit loss | $0 | $654.0K | ||
| Preferred stock, par value (in usd per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in shares) | 50.0M shares | 50.0M shares | ||
| Preferred stock, dividend rate stated percentage | 0 pure | 0 pure | ||
| Preferred stock, shares issued (in shares) | 6.9M shares | 7.2M shares | ||
| Preferred stock, shares outstanding (in shares) | 6.9M shares | 7.2M shares | ||
| Preferred stock, aggregate liquidation preference | $171.4M | $180.2M | ||
| Common stock, par value (in usd per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 134.0M shares | 134.0M shares | ||
| Common stock, shares issued (in shares) | 71.8M shares | 61.7M shares | ||
| Common stock, shares outstanding (in shares) | 71.8M shares | 61.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $101.3M | $59.9M | -$15.9M |
| Amortization of premiums and (discounts), net | -$5.7M | -$13.3M | -$14.4M |
| Realized and unrealized (gain) loss on derivative instruments, net | $217.2M | -$14.9M | $177.2M |
| (Gain) loss on investments, net | -$149.3M | $133.9M | $107.3M |
| Increase (decrease) in provision for credit losses | $0 | $458.0K | $320.0K |
| (Gain) loss from investments in unconsolidated ventures in excess of distributions received | $0 | $193.0K | $1.0K |
| Other amortization | $688.0K | $587.0K | -$9.8M |
| Loss on foreign currency translation | $0 | $0 | $123.0K |
| (Increase) decrease in operating assets | -$2.3M | -$613.0K | -$2.0M |
| Increase (decrease) in operating liabilities | -$4.8M | $16.9M | -$5.1M |
| Net cash provided by (used in) operating activities | $157.1M | $183.2M | $237.8M |
| Purchase of mortgage-backed securities | -$2.7B | -$2.2B | -$5.9B |
| Purchase of U.S. Treasury securities | $0 | $0 | -$59.5M |
| Distributions from investments in unconsolidated ventures, net | $0 | $307.0K | $41.0K |
| Principal payments from mortgage-backed securities | $531.9M | $389.5M | $348.5M |
| Proceeds from sale of mortgage-backed securities | $1.5B | $1.3B | $5.2B |
| Proceeds from sale of U.S. Treasury securities | $0 | $10.8M | $49.0M |
| Settlement (termination) of swaps, TBAs, futures and forwards, net | -$217.2M | $11.4M | -$179.5M |
| Net change in due from counterparties and collateral held payable on derivative instruments | $580.0K | -$580.0K | $1.6M |
| Net cash provided by (used in) investing activities | -$892.9M | -$497.4M | -$536.8M |
| Proceeds from issuance of common stock | $81.6M | $116.5M | $109.1M |
| Redemption of preferred stock | $0 | -$106.2M | $0 |
| Repurchase of preferred stock | -$8.5M | -$11.1M | -$8.7M |
| Proceeds from repurchase agreements | $48.4B | $38.5B | $41.1B |
| Principal repayments of repurchase agreements | -$47.6B | -$38.0B | -$40.9B |
| Net change in due from counterparties and collateral held payable on repurchase agreements | $0 | -$2.5M | -$2.4M |
| Payments of deferred costs | -$180.0K | -$366.0K | -$329.0K |
| Payments of dividends | -$106.9M | -$105.5M | -$102.2M |
| Net cash provided by (used in) financing activities | $691.3M | $326.5M | $218.9M |
| Net change in cash, cash equivalents and restricted cash | -$44.5M | $12.2M | -$80.1M |
| Interest paid | $223.9M | $232.8M | $243.4M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Invesco Mortgage Capital Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2010201520202025
- Chief executive officerJohn Anzalone Jul 1, 2020 to Feb 14, 202312
- Chief executive officerRichard J. King Jun 25, 2009 to Aug 26, 201613
- PresidentKevin M. Collins Jul 1, 2020 to Feb 14, 202314
- PresidentRichard J. King Jun 25, 2009 to Aug 26, 201613
- Chief financial officerMark William Gregson Oct 17, 2024 to now15
- Chief financial officerRichard Lee Phegley Jr. May 7, 2014 to Feb 14, 202316
- Chief financial officerDonald R. Ramon Jun 25, 2009 to Mar 7, 201217
- Chief operating officerRobson Kuster Mar 21, 2011 to Aug 26, 201618
Board members and other officers (27)
- Chief Accounting OfficerStephanie Botha Aug 12, 2024 to Aug 12, 202419
- Chief Investment OfficerSheri Morris Sep 17, 2018 to Sep 17, 201820
- Interim CIOBrian Norris Sep 18, 2018 to Feb 14, 202321
- Chief Accounting OfficerRoseann Perlis Nov 9, 2018 to Feb 14, 202322
- Chief Investment OfficerJason Marshall Mar 3, 2017 to Feb 26, 201823
- Executive Vice PresidentKevin M. Collins Mar 3, 2017 to May 14, 201924
- Chief Investment OfficerJohn Anzalone Jun 25, 2009 to May 10, 201725
- Board memberStephanie Larosiliere Mar 16, 2026 to now26
- Board memberRobert Waldner Jul 2, 2025 to now27
- Board memberWes McMullan Jul 5, 2024 to now28
- Board memberRobert L. Fleshman Nov 18, 2024 to now29
- Board memberKatharine Kelley Mar 7, 2023 to now30
- Board memberCarolyn L. Gibbs Oct 2, 2023 to Oct 2, 202331
- Board memberDon H. Liu Feb 17, 2022 to now32
- Board memberBeth Zayicek Feb 22, 2021 to Feb 14, 202333
- Board memberLoren M. Starr Aug 2, 2019 to Jul 2, 202034
- Board memberCarolyn B. Handlon May 12, 2017 to now35
- Board memberDennis P. Lockhart May 12, 2017 to May 17, 202436
- Board memberColin Meadows Aug 21, 2017 to Aug 21, 201737
- Board memberGregory McGreevey May 5, 2016 to May 5, 201638
- Board memberEdward J. Hardin Feb 19, 2014 to Feb 14, 202339
- Board memberJames R. Lientz Jr. May 3, 2012 to Feb 14, 202340
- Board memberGregory Mark Armour Jun 25, 2009 to Jul 6, 200941
- Board memberJames S. Balloun Jun 25, 2009 to Nov 9, 201742
- Board memberKaren Dunn Kelley Jun 25, 2009 to Aug 10, 201143
- Board memberNeil Williams Jun 25, 2009 to Aug 6, 201244
- Board memberRichard J. King Jun 25, 2009 to Jun 25, 200913
Former names
- Invesco Agency Securities Inc.Jun 16, 2008 to Jan 30, 20092
Timeline
Filings
207 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 72 major events, 67 insider forms, 14 large holders, 34 other. The latest 20:
- Oct 14, 20268-K EDGAR
- Sep 15, 20268-K EDGAR
- Aug 18, 20264 EDGAR
- Aug 14, 20268-K EDGAR
- Aug 10, 20263 EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 3, 20268-K EDGAR
- Jul 30, 20268-K EDGAR
- Jul 15, 20268-K EDGAR
- Jun 12, 20268-K EDGAR
- May 19, 20264 EDGAR
- May 19, 20264 EDGAR
- May 19, 20264 EDGAR
- May 19, 20264 EDGAR
- May 19, 20264 EDGAR
- May 14, 20268-K EDGAR
- May 7, 20264 EDGAR
- May 7, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- Apr 30, 20268-K EDGAR
The 207 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 14 such filings since October 2021, the latest 10:
- Mar 27, 2026SCHEDULE 13G/A
- Feb 5, 2025SCHEDULE 13G/A
- Nov 12, 2024SC 13G/A
- Nov 4, 2024SC 13G/A
- Apr 5, 2024SC 13G/A
- Jan 10, 2024SC 13G/A
- Jan 8, 2024SC 13G/A
- Feb 9, 2023SC 13G/A
- Jan 26, 2023SC 13G/A
- Jan 20, 2023SC 13G
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 8,805,376 | $69.6M | 0.0% | +1,600,722 |
| Vanguard Capital Management LLC | 3,994,974 | $31.6M | 0.0% | +619,904 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 3,309,701 | $26.1M | 0.0% | +927,532 |
| Invesco Ltd. | 2,424,263 | $19.2M | 0.0% | +266,133 |
| Geode Capital Management, LLC | 2,377,470 | $18.8M | 0.0% | +587,167 |
| State Street Corp | 1,849,062 | $14.8M | 0.0% | +443,882 |
| Two Sigma Investments, LP | 1,296,579 | $10.2M | 0.0% | −917,336 |
| Ascentis Wealth Management, LLC | 1,295,330 | $10.2M | 1.5% | New |
| Northern Trust Corp | 1,109,739 | $8.8M | 0.0% | +516,437 |
| Van Eck Associates Corp | 1,073,203 | $8.5M | 0.0% | +102,772 |
| D. E. Shaw & Co., Inc. | 1,010,427 | $8.0M | 0.0% | −55,229 |
| Vanguard Portfolio Management LLC | 756,372 | $6.0M | 0.0% | +192,089 |
| Charles Schwab Investment Management Inc | 752,156 | $5.9M | 0.0% | +150,193 |
| UBS Group AG | 718,377 | $5.7M | 0.0% | +137,170 |
| Aqr Capital Management LLC | 712,061 | $5.6M | 0.0% | +374,385 |
| Morgan Stanley | 615,610 | $4.9M | 0.0% | +323,818 |
| Vanguard Fiduciary Trust Co | 614,225 | $4.9M | 0.0% | +147,192 |
| Ameriprise Financial Inc | 477,827 | $3.8M | 0.0% | +50,504 |
| Hudson Bay Capital Management LP | 432,156 | $3.4M | 0.0% | New |
| Segall Bryant & Hamill, LLC | 408,368 | $3.2M | 0.0% | −32,916 |
| Summit Financial, LLC | 388,455 | $3.1M | 0.0% | New |
| Odyssean, LLC | 374,410 | $3.0M | 0.5% | +221,498 |
| Bank Of America Corp /de/ | 350,673 | $2.8M | 0.0% | −60,114 |
| Verition Fund Management LLC | 335,615 | $2.7M | 0.0% | +123,403 |
| Renaissance Technologies LLC | 288,700 | $2.3M | 0.0% | −388,400 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARKevin M. Collins, President
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- 21SEC EDGARBrian Norris, Interim CIO
- 22
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- 24
- 25
- 26SEC EDGARStephanie Larosiliere, Board member
- 27SEC EDGARRobert Waldner, Board member
- 28SEC EDGARWes McMullan, Board member
- 29SEC EDGARRobert L. Fleshman, Board member
- 30SEC EDGARKatharine Kelley, Board member
- 31SEC EDGARCarolyn L. Gibbs, Board member
- 32SEC EDGARDon H. Liu, Board member
- 33SEC EDGARBeth Zayicek, Board member
- 34SEC EDGARLoren M. Starr, Board member
- 35SEC EDGARCarolyn B. Handlon, Board member
- 36SEC EDGARDennis P. Lockhart, Board member
- 37SEC EDGARColin Meadows, Board member
- 38SEC EDGARGregory McGreevey, Board member
- 39SEC EDGAREdward J. Hardin, Board member
- 40SEC EDGARJames R. Lientz Jr., Board member
- 41SEC EDGARGregory Mark Armour, Board member
- 42SEC EDGARJames S. Balloun, Board member
- 43SEC EDGARKaren Dunn Kelley, Board member
- 44SEC EDGARNeil Williams, Board member
- 45