•
Jun 30, 2021
PennyMac Q2 2021 Earnings Report
PennyMac Financial reported net income for Q2 2021, with increased book value per share and stock repurchase authorization.
Key Takeaways
PennyMac Financial Services, Inc. reported a net income of $204.2 million for the second quarter of 2021, or $2.94 per share, on revenue of $742.3 million. The company's Board of Directors increased its stock repurchase authorization from $1.0 billion to $2.0 billion.
Net income was $204.2 million, or $2.94 per share on a diluted basis.
Revenue was reported at $742.3 million.
Book value per share increased to $54.49 from $51.78 at March 31, 2021.
Stock repurchase authorization increased from $1.0 billion to $2.0 billion.
PennyMac
PennyMac
PennyMac Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income