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Sep 30, 2022
PennyMac Q3 2022 Earnings Report
PennyMac Financial reported strong financial performance driven by income contributions from both production and servicing segments.
Key Takeaways
PennyMac Financial Services, Inc. reported a net income of $135.1 million for the third quarter of 2022, resulting in $2.46 per share on a diluted basis, with revenue reaching $476.3 million.
Net income for Q3 2022 was $135.1 million, or $2.46 per share diluted.
Revenue for Q3 2022 totaled $476.3 million.
Book value per share increased to $68.26 from $65.38 at the end of Q2 2022.
The Board of Directors declared a cash dividend of $0.20 per share for Q3.
PennyMac
PennyMac
PennyMac Revenue by Segment
Forward Guidance
The company remains focused on the challenges facing the industry and will remain vigilant in its risk management disciplines while pursuing efficiency improvements.