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 2024)
ETFs Holding This Stock
Summary
Showing Top 1 of 2
Ratings Snapshot
Rating : B-
Price Target
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 exploded, and the company swung to a big profit after a weak prior quarter. Operating expenses stayed flat, showing good cost control. EPS is up sharply, rewarding shareholders.
What's concerning?
Large 'other expenses' and a big tax benefit make the results hard to interpret. The revenue jump may not be sustainable, and the business model looks volatile. Clean, recurring profit is not yet proven.
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 | Q4-2024 | Q3-2024 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
 Correspondent Production | $60.00M ▲ | $30.00M ▼ | $20.00M ▼ | $30.00M ▲ |
 Credit Sensitive Strategies | $100.00M ▲ | $30.00M ▼ | $20.00M ▼ | $20.00M ▲ |
 Interest Rate Sensitive Strategies | $90.00M ▲ | $30.00M ▼ | $60.00M ▲ | $20.00M ▼ |
 Corporate Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
CEO
David A. Spector
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 1 of 2
Ratings Snapshot
Rating : B-