About PennyMac Mortgage Investment Trust
https://www.pennymacmortgageinvestmenttr...PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds.
CEO
David A. Spector
Compensation Summary
(Year 2023)
ETFs Holding This Stock
Summary
Showing Top 1 of 2
Ratings Snapshot
Rating : B-
Price Target
Institutional Ownership
Summary
Showing Top 1 of 1
About PennyMac Mortgage Investment Trust
https://www.pennymacmortgageinvestmenttr...PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $62.15M ▲ | $62.15M ▲ | $58.3M ▲ | 93.8% ▼ | $0.55 ▲ | $0 ▼ |
| Q2-2025 | $5.13M ▼ | $2.84M ▼ | $7.53M ▼ | 146.95% ▲ | $-0.04 ▼ | $222.16M ▲ |
| Q1-2025 | $189.06M ▼ | $16.96M ▲ | $9.68M ▼ | 5.12% ▼ | $-0.01 ▼ | $0 ▼ |
| Q4-2024 | $256.31M ▼ | $997K ▼ | $46.53M ▲ | 18.16% ▲ | $0.41 ▲ | $148.98M ▲ |
| Q3-2024 | $265.78M | $11.09M | $41.41M | 15.58% | $0.36 | $0 |
What's going well?
Revenue and profit both soared, with net income up more than sixfold. Expenses stayed flat while sales exploded, showing strong operating leverage if the numbers are sustainable.
What's concerning?
The numbers are highly volatile and distorted by unusual items, like zero cost of revenue and a negative tax expense. It's hard to tell if this performance is repeatable or just a fluke.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $263.49M ▼ | $18.53B ▲ | $16.65B ▲ | $1.88B ▲ |
| Q2-2025 | $1.54B ▼ | $16.8B ▲ | $14.94B ▲ | $1.87B ▼ |
| Q1-2025 | $1.54B ▼ | $14.88B ▲ | $12.97B ▲ | $1.9B ▼ |
| Q4-2024 | $1.55B ▼ | $14.41B ▲ | $12.47B ▲ | $1.94B ▲ |
| Q3-2024 | $1.58B | $13.06B | $11.12B | $1.94B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $58.3M ▲ | $-1.3B ▲ | $-436.19M ▼ | $1.63B ▼ | $-99.41M ▼ | $-1.3B ▲ |
| Q2-2025 | $7.53M ▼ | $-2.02B ▼ | $272.92M ▲ | $1.86B ▲ | $114.96M ▲ | $-2.02B ▼ |
| Q1-2025 | $9.68M ▼ | $-594.27M ▲ | $40.23M ▼ | $464.29M ▼ | $-89.75M ▼ | $-594.27M ▲ |
| Q4-2024 | $45.96M ▲ | $-1.62B ▼ | $282.05M ▼ | $1.33B ▲ | $-6.66M ▼ | $-1.62B ▼ |
| Q3-2024 | $41.3M | $-983.81M | $314.87M | $882.57M | $213.62M | $-985.31M |
Revenue by Products
| Product | Q4-2023 | Q4-2024 | Q1-2024 | Q3-2025 |
|---|---|---|---|---|
 Correspondent Production | $30.00M ▲ | $70.00M ▲ | $20.00M ▼ | $20.00M ▲ |
 Credit Sensitive Strategies | $100.00M ▲ | $60.00M ▼ | $60.00M ▲ | $20.00M ▼ |
 Interest Rate Sensitive Strategies | $110.00M ▲ | $120.00M ▲ | $0 ▼ | $60.00M ▲ |
 Corporate Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
CEO
David A. Spector
Compensation Summary
(Year 2023)
ETFs Holding This Stock
Summary
Showing Top 1 of 2
Ratings Snapshot
Rating : B-
Price Target
Institutional Ownership
Summary
Showing Top 1 of 1