Pennymac Mortgage Trust (PMT) Reports Q1 EPS of $0.09

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Go back to Pennymac Mortgage Trust (PMT) Reports Q1 EPS of $0.09

PennyMac Mortgage Investment Trust Reports First Quarter 2015 Results

May 6, 2015 4:30 PM EDT

MOORPARK, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income of $7.5 million, or $0.09 per diluted share, for the first quarter of 2015, on net investment income of $37.7 million. PMT previously announced a cash dividend for the first quarter of 2015 of $0.61 per common share of beneficial interest, which was declared on March 24, 2015 and paid on April 29, 2015.

First Quarter 2015 Highlights

Financial results:

Diluted earnings per common share of $0.09, down 74 percent from the prior quarter Net income of $7.5 million, down 72 percent from the prior quarter... More