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 2018)
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 higher and net profit surged, with expenses held in check. The company is showing it can generate big profits when revenue comes in strong.
What's concerning?
Earnings quality is questionable due to large, unexplained 'other expenses' and unusual tax benefits. The huge swings suggest results may not be sustainable.
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 | Q3-2023 | Q4-2024 | Q1-2024 | Q3-2024 |
|---|---|---|---|---|
 Corporate Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Correspondent Production | $20.00M ▲ | $60.00M ▲ | $20.00M ▼ | $30.00M ▲ |
 Credit Sensitive Strategies | $40.00M ▲ | $100.00M ▲ | $60.00M ▼ | $30.00M ▼ |
 Interest Rate Sensitive Strategies | $100.00M ▲ | $90.00M ▼ | $0 ▼ | $30.00M ▲ |
CEO
David A. Spector
Compensation Summary
(Year 2018)
ETFs Holding This Stock
Summary
Showing Top 1 of 2
Ratings Snapshot
Rating : B-