IVR on NYSE
Invesco Mortgage Capital Inc.
American real estate investment trust based in Atlanta, active since 20082
In its 2026 annual report the company says: “Invesco Mortgage Capital Inc. is a Maryland corporation primarily focused on investing in, financing and managing mortgage-backed securities and other mortgage-related assets. Our objective is to provide attractive risk-adjusted returns to our stockholders, primarily through dividends and secondarily through capital appreciation. We are externally managed and advised by Invesco Advisers, Inc., an indirect wholly-owned subsidiary of Invesco Ltd.”5 Its shares trade on NYSE under the symbol IVR.2
Price unavailable
Last updated Oct 21, 2026.
Overview
- TickerIVR on NYSE2
- IndustryReal Estate Investment Trusts2
- HeadquartersAtlanta, United States2
- Incorporated inMD3
- Business address1331 Spring St. Nw, Suite 2500, Atlanta, Ga 303093
- Filer categoryAccelerated filer3
- Legal formStock Corporation2
- LEIPV3BDP2HFZL2FNXQBL392
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O THE CORPORATION TRUST INCORPORATED, 21093-2264 Lutherville Timonium, United States2
- Registered withBusiness Services (Maryland Department of Assessments and Taxation), D125632762
See how the biggest companies compare on our leaderboards
Invesco Mortgage Capital Inc. (the “Company” or “we”) is a Maryland corporation primarily focused on investing in, financing and managing mortgage-backed securities (“MBS”) and other mortgage-related assets. Our objective is to provide attractive risk-adjusted returns to our stockholders, primarily through dividends and secondarily through capital appreciation.5 From its latest annual report
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.10
| 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.10
| 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.10
| 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.
Corporate structure
Invesco Mortgage Capital Inc. sits at the top of its group. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Invesco Mortgage Capital Inc.
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Invesco Mortgage Capital Inc., latest Mar 27, 2026 (6 filings since Feb 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on Invesco Mortgage Capital Inc., latest Feb 5, 2025 (7 filings since Jan 26, 2022)
- SUSQUEHANNA SECURITIES, LLC Filed SC 13G/A on Invesco Mortgage Capital Inc., latest Feb 14, 2022
- Invesco Mortgage Capital Inc. Atlanta, Georgia, United States
- IAS Asset I LLC Subsidiary · Delaware, United States
- IAS Operating Partnership LP Subsidiary · Delaware, United States
- IMRF Holdings LLC Subsidiary · Delaware, United States
- IMRF TRSCO Inc. Subsidiary · Delaware, United States
- IVR Credit Risk Management LLC Subsidiary · Delaware, United States
- IVR Limited Partner LLC Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Invesco Mortgage Capital Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $56.0M10 Dec 31, 2025 | $73.4M10 Dec 31, 2024 | −23.7% |
| Debt securities available for sale | $14.9M10 Dec 31, 2024 | $15.7M9 Dec 31, 2023 | −4.6% |
Properties, in its own words
Our principal executive office is located at 1331 Spring Street, N.W., Suite 2500, Atlanta, Georgia 30309. As part of our management agreement, our Manager is responsible for providing office space and office services required in rendering services to us.
Item 2 of the 10-K filed Feb 23, 2026.5
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, 202315
- Chief executive officerRichard J. King Jun 25, 2009 to Aug 26, 201616
- PresidentKevin M. Collins Jul 1, 2020 to Feb 14, 202317
- PresidentRichard J. King Jun 25, 2009 to Aug 26, 201616
- Chief financial officerMark William Gregson Oct 17, 2024 to now18
- Chief financial officerRichard Lee Phegley Jr. May 7, 2014 to Feb 14, 202319
- Chief financial officerDonald R. Ramon Jun 25, 2009 to Mar 7, 201220
- Chief operating officerRobson Kuster Mar 21, 2011 to Aug 26, 201621
Board members and other officers (27)
- Chief Accounting OfficerStephanie Botha Aug 12, 2024 to Aug 12, 202422
- Chief Investment OfficerSheri Morris Sep 17, 2018 to Sep 17, 201823
- Interim CIOBrian Norris Sep 18, 2018 to Feb 14, 202324
- Chief Accounting OfficerRoseann Perlis Nov 9, 2018 to Feb 14, 202325
- Chief Investment OfficerJason Marshall Mar 3, 2017 to Feb 26, 201826
- Executive Vice PresidentKevin M. Collins Mar 3, 2017 to May 14, 201927
- Chief Investment OfficerJohn Anzalone Jun 25, 2009 to May 10, 201728
- Board memberStephanie Larosiliere Mar 16, 2026 to now29
- Board memberRobert Waldner Jul 2, 2025 to now30
- Board memberWes McMullan Jul 5, 2024 to now31
- Board memberRobert L. Fleshman Nov 18, 2024 to now32
- Board memberKatharine Kelley Mar 7, 2023 to now33
- Board memberCarolyn L. Gibbs Oct 2, 2023 to Oct 2, 202334
- Board memberDon H. Liu Feb 17, 2022 to now35
- Board memberBeth Zayicek Feb 22, 2021 to Feb 14, 202336
- Board memberLoren M. Starr Aug 2, 2019 to Jul 2, 202037
- Board memberCarolyn B. Handlon May 12, 2017 to now38
- Board memberDennis P. Lockhart May 12, 2017 to May 17, 202439
- Board memberColin Meadows Aug 21, 2017 to Aug 21, 201740
- Board memberGregory McGreevey May 5, 2016 to May 5, 201641
- Board memberEdward J. Hardin Feb 19, 2014 to Feb 14, 202342
- Board memberJames R. Lientz Jr. May 3, 2012 to Feb 14, 202343
- Board memberGregory Mark Armour Jun 25, 2009 to Jul 6, 200944
- Board memberJames S. Balloun Jun 25, 2009 to Nov 9, 201745
- Board memberKaren Dunn Kelley Jun 25, 2009 to Aug 10, 201146
- Board memberNeil Williams Jun 25, 2009 to Aug 6, 201247
- Board memberRichard J. King Jun 25, 2009 to Jun 25, 200916
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- IAS Asset I LLC Delaware4
- IAS Operating Partnership LP Delaware4
- IMRF Holdings LLC Delaware4
- IMRF TRSCO Inc. Delaware4
- IVR Credit Risk Management LLC Delaware4
- IVR Limited Partner LLC Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Invesco Agency Securities Inc.Jun 16, 2008 to Jan 30, 20093
Timeline
- Oct 14, 20268-K Results of operations; Regulation FD disclosure; Other events48
- Sep 15, 20268-K Regulation FD disclosure; Other events49
- Aug 14, 20268-K Regulation FD disclosure; Other events50
- Aug 3, 20268-K Executive or director change; Regulation FD disclosure51
- Jul 30, 20268-K Results of operations52
- Jul 15, 20268-K Results of operations; Regulation FD disclosure; Other events53
- Jun 12, 20268-K Regulation FD disclosure; Other events54
- May 14, 20268-K Regulation FD disclosure; Other events55
- May 7, 20268-K Shareholder vote56
- Apr 30, 20268-K Results of operations57
- Apr 15, 20268-K Regulation FD disclosure; Other events58
- Apr 14, 20268-K Executive or director change; Regulation FD disclosure59
- Jul 1, 2020New chief executive John Anzalone becomes CEO15
- Jun 25, 2009New chief executive Richard J. King becomes CEO16
- Jun 5, 2008Founded Invesco Mortgage Capital Inc. is founded2
Calendar
Coming up
- Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.58 a share, on Oct 30, 2025.60
When it reported results
- Oct 14, 2026Reported quarterly or annual results48
- Jul 30, 2026Reported quarterly or annual results52
- Jul 15, 2026Reported quarterly or annual results53
- Apr 30, 2026Reported quarterly or annual results57
- Jan 29, 2026Reported quarterly or annual results61
- Oct 30, 2025Reported quarterly or annual results62
- Jul 24, 2025Reported quarterly or annual results63
- May 7, 2025Reported quarterly or annual results64
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
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 five years, summarized. The full record is on SEC EDGAR.
Insider trades
10 open-market trades by officers, directors and large owners since October 2021: 8 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 5, 2026 | Gregson Mark WilliamChief Financial Officer | Buy | 1,750 | $8.03 | $14.1K | Form 4 |
| Feb 27, 2026 | Waldner RobertDirector | Buy | 1,000 | $8.45 | $8.4K | Form 4 |
| Nov 10, 2025 | Fleshman Robert LDirector | Sale | 2,000 | $24.72 | $49.4K | Form 4 |
| Dec 9, 2022 | LIENTZ JAMES R JRDirector | Sale | 1,630 | $12.86 | $21.0K | Form 4 |
| May 10, 2022 | Anzalone JohnCEO | Buy | 15,000 | $1.65 | $24.8K | Form 4 |
| May 9, 2022 | Phegley Richard Lee Jr.Chief Financial Officer | Buy | 12,092 | $1.67 | $20.2K | Form 4 |
| May 9, 2022 | Collins Kevin MPresident | Buy | 7,178 | $1.67 | $12.0K | Form 4 |
| Dec 9, 2021 | Zayicek BethDirector | Buy | 3,236 | $3.12 | $10.1K | Form 4 |
| Dec 1, 2021 | Collins Kevin MPresident | Buy | 9,000 | $2.96 | $26.6K | Form 4 |
| Nov 10, 2021 | Lyle David BChief Operating Officer | Buy | 3,000 | $3.22 | $9.7K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Mar 27, 202665
- BlackRockSCHEDULE 13G/A, 7 filings Jan 26, 2022 to Feb 5, 202566
- SUSQUEHANNA SECURITIES, LLCSC 13G/A, 1 filing Feb 14, 202267
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.
SEC filer profile
How Invesco Mortgage Capital Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInvesco Mortgage Capital Inc.1
- CIK0001437071
- Employer ID (EIN)26-27493365
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inMaryland5
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address1331 Spring St. Nw, Suite 2500, Atlanta, GA 303091
- Phone404-892-08961
- Shares outstanding107,640,417 as of Jul 31, 202612
- Public float$518.1M as of Jun 30, 20255
- AuditorPricewaterhouseCoopers LLP, Atlanta, Georgia PCAOB ID 238; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceJun 16, 20081
- Filings997 in all: 4 (387), 8-K (211), 10-Q (52), SC 13G/A (47), 3 (36), 424B5 (35), UPLOAD (26), CORRESP (19)1
All 37 form types
DEFA14A (19), 5 (18), 10-K (17), DEF 14A (17), S-11/A (13), SC 13G (13), 4/A (9), EFFECT (8), S-3ASR (8), 424B3 (7), ARS (6), FWP (6), S-8 (5), 8-A12B (4), CERTNYS (4), POSASR (4), 424B4 (3), 8-K/A (3), S-11 (3), S-3 (3), 10-K/A (2), 25-NSE (2), 3/A (2), POS AM (2), SCHEDULE 13G/A (2), 10-Q/A (1), 424B7 (1), NT 10-Q (1), S-8 POS (1)
- Latest filingsAnnual report (10-K) Feb 23, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Mar 20, 2026
Latest 8-K (8-K) Oct 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | IVR | New York Stock Exchange |
| 7.50% Fixed-to-Floating Series C Cumulative Redeemable Preferred Stock | IVR PrC | New York Stock Exchange |
From the cover page of the 10-K filed Feb 23, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Invesco Mortgage Capital Inc. names in Item 1A of its 10-K filed Feb 23, 2026: 73 risks under these headings, as written.5
- Risks Related to Our Investment and Portfolio Management Activities
- Fluctuations in interest rates could adversely affect the value of our investments and derivative financial instruments and cause our interest expense to increase. This could result in reduced earnings, decreased profitability and dividends, and diminished cash available for distribution to our stockholders.
- Interest rate volatility represents significant risks to our business, potentially affecting our liquidity, increasing our costs, and impacting our ability to manage risks effectively.
- Spread risk is inherent to investing in MBS and other mortgage-related assets.
- Our active portfolio management strategy may expose us to greater losses and lower returns than compared to passive strategies.
- The U.S. Federal Reserve’s, GSEs’, or FDIC’s participation in the Agency RMBS market could have an adverse effect on our Agency RMBS investments.
- Volatile market conditions for mortgages and mortgage-related assets as well as the broader financial markets can result in a significant contraction in liquidity for mortgages and mortgage-related assets, which may adversely affect the value of the assets in which we invest.
- A portion of our RMBS portfolio consists of premium securities. Premium securities may be subject to more risk than par value securities.
- Prepayment rates may adversely affect the value of our investment portfolio.
- Market conditions may upset the historical relationship between interest rate changes and prepayment trends, which would make it more difficult for us to analyze our investment portfolio.
- Our investments may be concentrated and will be subject to risk of default.
- The Federal conservatorship of Fannie Mae and Freddie Mac and related efforts, along with any changes in laws and regulations affecting the relationship between these agencies and the U.S. Government, may adversely affect our business.
The other 62 risks
- We operate in a highly competitive market for investment opportunities and competition may limit our ability to acquire desirable investments in our target assets and could also affect the pricing of these securities.
- Elevated interest rates may cause a decrease in the availability of certain of our target assets which could adversely affect our ability to acquire target assets that satisfy our investment objectives and to generate income and pay dividends.
- We may acquire certain target assets that are subject to defaults, foreclosure timeline extension, fraud, residential and commercial price depreciation, and unfavorable modification of loan principal amount, interest rate and amortization of principal, which could result in losses to us.
- Subordinated MBS assets may be in the “first loss” position, subjecting us to greater risks of loss.
- We may not control the special servicing of the mortgage loans included in CMBS in which we invest, and, in such cases, the special servicer may take actions that could adversely affect our interests.
- Due diligence of potential assets may not reveal all of the liabilities associated with such assets and may not reveal other weaknesses in such assets, which could lead to losses.
- We depend on third-party service providers, including mortgage servicers, for a variety of services related to our investments. We are, therefore, subject to the risks associated with third-party service providers.
- A decline in the market value of our mortgage-backed securities may adversely affect our results of operations and financial condition.
- Risks Related to Financing and Hedging
- Our strategy involves the use of significant leverage, which increases the risk that we may incur substantial losses.
- We depend on repurchase agreement financing to acquire our target assets, and our inability to access this funding on acceptable terms could have a material adverse effect on our results of operations, financial condition and business.
- The inherent uncertainty of repurchase transactions, including counterparty credit risk, may cause us to incur a loss on our repurchase transactions.
- The repurchase agreements and other financing arrangements that we use to finance our investments may require us to provide additional collateral and may restrict us from leveraging our assets as fully as desired.
- A failure to comply with covenants in our repurchase agreements and other financing and hedging arrangements would have a material adverse effect on us, and any future financing may require us to provide additional collateral or pay down debt.
- Our use or future use of repurchase agreements to finance our target assets may give our lenders greater rights if either we or a lender files for bankruptcy.
- We enter into hedging transactions that could expose us to contingent liabilities in the future.
- Hedging may adversely affect our earnings, which could reduce our cash available for distribution to our stockholders.
- Our hedging strategies may be ineffective.
- Clearing facilities or exchanges may expose us to credit risk and may increase the margin requirements we are required to post when entering into derivative instruments, which may negatively impact our ability to hedge and our liquidity.
- We may enter into derivative contracts that expose us to contingent liabilities, and those contingent liabilities may not appear on our balance sheet. We may invest in synthetic securities, credit default swaps, and other credit derivatives, which expose us to additional risks.
- It may be uneconomical to “roll” Agency MBS TBA holdings, or we may be unable to meet margin calls on TBA contracts, which could negatively affect our financial condition and results of operations.
- Risks Related to Our Business
- Our business may be adversely affected by unfavorable or changing economic, market, and political conditions.
- Maintaining 1940 Act exclusions for our subsidiaries imposes limits on our operations, and failure to maintain an exclusion could have a material negative impact on our operations.
- We are highly dependent on information technology, and any and failures of or damage to, attack on or unauthorized access to our Manager’s information technology systems or facilities, or those of third parties with which we do business or that facilitate our business activities, including as a result of cyber-attacks, could result in significant limits on our ability to conduct our operations and activities, costs and reputational damage.
- The recent advancements in and increased use of artificial intelligence (“AI”) present risks and challenges that may adversely impact our business.
- Our Manager utilizes quantitative models to support investment decisions and investment processes, including those related to our portfolio management and risk analysis, which may contain errors.
- We may repurchase shares of our common stock and preferred stock from time to time. Share repurchases may negatively impact our compliance with covenants in our financing agreements and regulatory requirements (including maintaining exclusions from the requirements of the 1940 Act and qualification as a REIT). Any compliance failures associated with share repurchases could have a material negative impact on our business, financial condition and results of operations. Share repurchases also may negatively impact our ability to invest in our target assets in the future.
- The preparation of our financial statements involves use of estimates, judgments and assumptions, and our financial statements may be materially affected if our estimates prove to be inaccurate.
- Changes in the fair value of our derivatives may result in volatility in our U.S. GAAP earnings.
- Our reported U.S. GAAP financial results differ from our REIT taxable income, which impacts our dividend distribution requirements. Therefore, our U.S. GAAP results may not be an accurate indicator of future taxable income and dividend distributions.
- Risks Related to Our Relationship with Our Manager
- We are dependent on our Manager and its key personnel for our success.
- There are conflicts of interest in our relationship with our Manager and Invesco, which could result in decisions that are not in the best interests of our stockholders.
- Our Manager would have a conflict in recommending our participation in any equity investment it manages.
- The management agreement with our Manager was not negotiated on an arm’s-length basis and may not be as favorable to us as if it had been negotiated with an unaffiliated third party, and it may be costly and difficult to terminate.
- Our board of directors approved broad investment guidelines for our Manager and does not approve each investment and financing decision made by our Manager.
- Risks Related to Our Capital Stock
- We have not established a minimum dividend payment level, and we cannot assure our stockholders of our ability to pay dividends in the future.
- Future offerings of debt or equity securities that would rank senior to our common stock may adversely affect the market price of our common stock.
- Risks Related to Our Organization and Structure
- Certain provisions of Maryland law could inhibit changes in control.
- Ownership limitations may restrict change of control or business combination opportunities in which our stockholders might receive a premium for their shares.
- Our authorized but unissued shares of capital stock may prevent a change in our control.
- The change of control conversion feature of our Series C Preferred Stock may make it more difficult for a party to acquire us or discourage a party from acquiring us.
- Our rights and the rights of our stockholders to take action against our directors and officers are limited.
- We are the sole general partner of our Operating Partnership and could become liable for the debts and other obligations of our Operating Partnership.
- Risks Related to our REIT Status and Certain Other Tax Items
- If we do not qualify to be taxed as a REIT, we will be subject to tax as a regular corporation and could face a substantial tax liability.
- We may be subject to adverse legislative or regulatory tax changes that could increase our tax liability, reduce our operating flexibility and reduce the price of our stock.
- To maintain our REIT status, we may have to borrow funds on a short-term basis during unfavorable market conditions.
- Compliance with REIT requirements may cause us to forgo otherwise attractive opportunities, which may hinder or delay our ability to meet our investment objectives and reduce your overall return.
- Compliance with REIT requirements may force us to liquidate or restructure otherwise attractive investments.
- Our charter does not permit any person or group to own more than 9.8% of our outstanding common stock or of our outstanding capital stock of all classes or series, and attempts to acquire our common stock or our capital stock of all other classes or series in excess of these 9.8% limits would not be effective without an exemption from these limits by our board of directors.
- Non-U.S. stockholders may be required to file U.S. federal income tax returns and pay U.S. federal income tax upon their receipt of certain distributions from us or upon their disposition of shares of our stock.
- Investments outside the United States may subject us to additional taxes and could present additional complications to our ability to satisfy the REIT qualification requirements.
- We may incur tax liabilities that would reduce our cash available for distribution to you.
- Restrictions on the deduction of all of our interest expense could prevent us from satisfying the REIT distribution requirements and avoiding the incurrence of income or excise taxes.
- Our board of directors is authorized to revoke our REIT election without stockholder approval, which may cause adverse consequences to our stockholders.
- We may choose to pay dividends in a combination of cash and shares of our common stock, in which case stockholders may be required to pay income taxes in excess of the cash dividends they receive.
- Generally, ordinary dividends payable by REITs do not qualify for reduced U.S. federal income tax rates.
- The failure of a mezzanine loan to qualify as a real estate asset could adversely affect our ability to qualify as a REIT.
- Our taxable REIT subsidiaries are subject to special rules that may result in increased taxes.
- If the Operating Partnership failed to qualify as a partnership or is not otherwise disregarded for U.S. federal income tax purposes, we would cease to qualify as a REIT.
- Complying with REIT requirements may limit our ability to hedge effectively and may cause us to incur tax liabilities.
- The “taxable mortgage pool” rules may increase the taxes that we or our stockholders may incur and may limit the manner in which we effect future securitizations.
- Liquidation of our assets to repay obligations to our lenders may jeopardize our REIT qualification.
- Purchases of mortgages at a discount may affect our ability to satisfy the REIT asset and gross income tests.
Legal proceedings
From time to time, we may be involved in various claims and legal actions arising in the ordinary course of business. As of December 31, 2025, we were not involved in any such legal proceedings.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17SEC EDGARKevin M. Collins, President
- 18
- 19
- 20
- 21
- 22
- 23
- 24SEC EDGARBrian Norris, Interim CIO
- 25
- 26
- 27
- 28
- 29SEC EDGARStephanie Larosiliere, Board member
- 30SEC EDGARRobert Waldner, Board member
- 31SEC EDGARWes McMullan, Board member
- 32SEC EDGARRobert L. Fleshman, Board member
- 33SEC EDGARKatharine Kelley, Board member
- 34SEC EDGARCarolyn L. Gibbs, Board member
- 35SEC EDGARDon H. Liu, Board member
- 36SEC EDGARBeth Zayicek, Board member
- 37SEC EDGARLoren M. Starr, Board member
- 38SEC EDGARCarolyn B. Handlon, Board member
- 39SEC EDGARDennis P. Lockhart, Board member
- 40SEC EDGARColin Meadows, Board member
- 41SEC EDGARGregory McGreevey, Board member
- 42SEC EDGAREdward J. Hardin, Board member
- 43SEC EDGARJames R. Lientz Jr., Board member
- 44SEC EDGARGregory Mark Armour, Board member
- 45SEC EDGARJames S. Balloun, Board member
- 46SEC EDGARKaren Dunn Kelley, Board member
- 47SEC EDGARNeil Williams, Board member
- 48
- 49
- 50
- 51
- 52SEC EDGARResults of operations
- 53
- 54
- 55
- 56SEC EDGARShareholder vote
- 57SEC EDGARResults of operations
- 58
- 59
- 60NasdaqNasdaq calendar
- 61
- 62
- 63
- 64
- 65
- 66
- 67