Invesco Mortage Capital (IVR) Reports In-Line Q3 EPS
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Invesco Mortgage Capital Inc. Reports Third Quarter 2016 Financial Results
November 3, 2016 5:25 PM EDTATLANTA, Nov. 3, 2016 /PRNewswire/ --Â Invesco Mortgage Capital Inc. (NYSE: IVR) (the "Company") today announced financial results for the quarter ended September 30, 2016, reporting basic earnings of $1.16 per common share, core earnings* of $0.41 per common share and book value per diluted common share** of $18.08.
Credit spreads tightened in the third quarter of 2016 in a relatively stable interest rate environment. These conditions benefited the Company's high quality asset portfolio, driving book value per diluted common share** higher by 5.9% for the quarter. "Our equity is allocated 56% to residential and commercial credit assets,... More
