---
schema_version: "secwatch.filing_event.v1"
accession: "0001437071-23-000018"
form_type: "8-K"
ticker: "IVR"
cik: "0001437071"
company_name: "Invesco Mortgage Capital Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:46:11.888571+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Invesco Mortgage Q1 EPS $0.39 (down 54%); cuts dividend to $0.40; book value $12.61

## Summary
- Net income per common share $0.39 vs $0.84 in Q4; EAD per share $1.50 vs $1.46.
- Common dividend reduced to $0.40 from $0.65; economic return 1.7% vs 5.0%.
- Book value per share $12.61 at March 31; estimated $12.00-$12.48 at April 30.
- Debt-to-equity increased to 5.8x; $5.4B portfolio in Agency RMBS; cash/unencumbered $463.9M.
- CEO sees attractive Agency RMBS valuations and expects tailwind from end of Fed tightening.

## SEC filing metadata
- accession: 0001437071-23-000018
- form_type: 8-K
- ticker: IVR
- cik: 0001437071
- company_name: Invesco Mortgage Capital Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437071/000143707123000018/0001437071-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437071/000143707123000018/ivr-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437071-23-000018
- JSON: https://secwatch.observer/filing/0001437071-23-000018.json
- Plain text: https://secwatch.observer/filing/0001437071-23-000018.txt

## Key facts
- Earnings Releases
  Invesco Mortgage Capital Inc. reported the quarter ended March 31, 2023 results: EPS $0.39.
  - Period: the quarter ended March 31, 2023
  - EPS: $0.39
  - Result: reported results
  source text: Invesco Mortgage Capital Inc. (NYSE: IVR) (the “Company”) today announced financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437071/000143707123000018/0001437071-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.