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Jun 30, 2023
PennyMac Q2 2023 Earnings Report
Net income attributable to common shareholders reported at $14.2 million, or $0.16 per common share on a diluted basis.
Key Takeaways
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.
Net income attributable to common shareholders was $14.2 million.
Conventional correspondent loan production volumes totaled $3.0 billion in UPB.
Invested $94 million into opportunistic investments, including GSE CRT bonds and senior mezzanine bonds.
PMT entered into an agreement to acquire a bulk MSR portfolio totaling $1.4 billion in UPB after quarter end.
Revenue by Segment
Forward Guidance
Management believes PMT's strong balance sheet and seasoned investment portfolio will drive improved performance over the long term.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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