<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CAPSTEAD MORTGAGE CORPORATION ANNUAL REPORT ON FORM 10-K FOR THE PERIOD ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <EXCHANGE-RATE> 1 <CASH> 18,702 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 9,903,606 <CURRENT-LIABILITIES> 4,700,019 <BONDS> 4,538,863 <PREFERRED-MANDATORY> 0 <PREFERRED> 337,750 <COMMON> 235 <OTHER-SE> 326,739 <TOTAL-LIABILITY-AND-EQUITY> 664,724 <SALES> 0 <TOTAL-REVENUES> 727,800 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 71,205 <LOSS-PROVISION> 2,200 <INTEREST-EXPENSE> 577,036 <INCOME-PRETAX> 77,359 <INCOME-TAX> 0 <INCOME-CONTINUING> 77,359 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 77,359 <EPS-PRIMARY> 1.64 <EPS-DILUTED> 1.61