PennyMac Mortgage Investment Trust delivered strong results in the fourth quarter of 2025, with net income attributable to common shareholders reaching $41.9 million, or $0.48 per common share. This performance was primarily fueled by robust contributions from its credit sensitive and interest rate sensitive strategies, including a significant tax benefit. The company also saw substantial investment activity, with $5.5 billion in loans acquired and the execution of eight private label securitizations totaling $2.8 billion in UPB.

PennyMac Mortgage Investment Trust delivered strong third-quarter results with net income attributable to common shareholders of $47.8 million, or $0.55 per common share, driven by robust net investment income and effective interest rate risk hedging. The company also saw an increase in book value per share to $15.16.

PMT posted a net loss of $2.9M despite $70.2M in net investment income. Fair value declines and a $14M one-time tax expense offset solid core income and correspondent production growth.

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $0.8 million, or $(0.01) per common share on a diluted basis, for the first quarter of 2025, on net investment income of $44.5 million. The company's book value per common share decreased to $15.43.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $36.1 million, or $0.41 per common share, for Q4 2024. The results were driven by strong levels of income excluding market driven value changes and excellent performance across all three investment strategies.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $31.0 million, or $0.36 per common share, for Q3 2024. The results reflect solid levels of income excluding market-driven value changes, bolstered by fair value changes including associated tax benefits. Conventional correspondent loan production volumes for PMT's account totaled $5.9 billion in unpaid principal balance (UPB), up 167 percent from the prior quarter.

PennyMac Mortgage Investment Trust reported net income attributable to common shareholders of $15.0 million, or $0.17 per common share on a diluted basis, for Q2 2024. The results reflect higher levels of income excluding market-driven value changes, partially offset by net fair value declines.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $37.2 million, or $0.39 per common share on a diluted basis, for Q1 2024. The results were driven by strong contributions from credit sensitive strategies and correspondent production, which were partially offset by fair value declines in the interest rate sensitive strategies.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $42.5 million, or $0.44 per common share, for Q4 2023. The results were driven by strong contributions from credit sensitive strategies and correspondent production, partially offset by fair value declines in interest rate sensitive strategies.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $51.0 million, or $0.51 per common share, for the third quarter of 2023. The company's performance was driven by strong results across all segments, which were partially offset by tax impacts. The company also upsized a term loan, redeemed FMSR term notes, and issued unsecured senior notes to strengthen its balance sheet.

PennyMac Mortgage Investment Trust reported net income attributable to common shareholders of $14.2 million, or $0.16 per common share on a diluted basis, for the second quarter of 2023. The results reflect strong performance from credit sensitive strategies offset by fair value declines in interest rate sensitive strategies.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $50.2 million, or $0.50 per common share, for the first quarter of 2023. The company's performance was driven by strong earnings in credit sensitive strategies, partially offset by fair value declines in interest rate sensitive strategies.

PennyMac Mortgage Investment Trust reported a net loss of $5.8 million for Q4 2022, driven by fair value declines that offset solid income from other areas. Conventional correspondent loan production volumes decreased, but new MSRs were created. The company repurchased shares and extended the maturity of CRT term notes.

PennyMac Mortgage Investment Trust reported a net income of $1.5 million, or $0.01 per common share, for the third quarter of 2022. The results were driven by strong performance from interest rate sensitive strategies, offset by market credit spread widening and tax provisions.

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $81.2 million, or $(0.88) per common share on a diluted basis, for the second quarter of 2022, on net investment income of $21.5 million.

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $29.6 million, or $(0.32) per common share on a diluted basis for the first quarter of 2022, on net investment income of $81.8 million.

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $27.3 million, or $(0.28) per common share on a diluted basis for the fourth quarter of 2021, on net investment income of $49.5 million. The results were impacted by fair value changes in interest rate sensitive strategies and elevated competition in the conventional correspondent channel.

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $43.9 million, or $(0.45) per common share on a diluted basis for the third quarter of 2021, on net investment income of $47.9 million.

PennyMac Mortgage Investment Trust reported net income attributable to common shareholders of $31.9 million, or $0.32 per common share on a diluted basis, for the second quarter of 2021, on net investment income of $121.6 million.

PennyMac Mortgage Investment Trust reported a net income of $65.4 million, or $0.67 per common share on a diluted basis, for the first quarter of 2021. The results were driven by strong correspondent segment performance and improvements in the fair value of GSE credit risk transfer investments.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $76.6 million, or $0.78 per common share on a diluted basis, for the fourth quarter of 2020. The results were driven by record conventional production and a continued recovery in the fair value of GSE credit risk transfer investments.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $93.3 million, or $0.94 per common share on a diluted basis. The results were driven by record correspondent production volumes and income from credit risk transfer investments, leading to an increase in book value per share to $19.95.

PennyMac Mortgage Investment Trust reported a net income attributable to common shareholders of $458.4 million, or $4.51 per common share on a diluted basis, for the second quarter of 2020. This was driven by record Correspondent Production segment results and a partial recovery in the fair value of government-sponsored enterprise (GSE) credit risk transfer (CRT) investments.

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $600.9 million, or $5.99 per common share, for the first quarter of 2020, driven by non-cash fair value losses on government-sponsored enterprise (GSE) credit risk transfer (CRT) investments related to the COVID-19 crisis, but partially offset by gains on interest rate hedge instruments and record correspondent production results.

PennyMac Mortgage Investment Trust reported a net income of $52.4 million for the fourth quarter of 2019. The company's performance was driven by strong results from government-sponsored enterprise (GSE) credit risk transfer (CRT) investments, increased income contribution from the Correspondent Production segment, and improved performance from Interest Rate Sensitive Strategies.