Pennymac Mortgage Trust (PMT) Reports Q3 EPS of $0.49

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Go back to Pennymac Mortgage Trust (PMT) Reports Q3 EPS of $0.49

PennyMac Mortgage Investment Trust Reports Third Quarter 2016 Results

November 3, 2016 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income of $35.4 million, or $0.49 per diluted share, for the third quarter of 2016, on net investment income of $103.3 million. PMT previously announced a cash dividend for the third quarter of $0.47 per common share of beneficial interest, which was declared on September 26, 2016, and paid on October 27, 2016.

Third Quarter Highlights

Financial results:

Diluted earnings per common share of $0.49, up from a loss per common share of $0.08 in the prior quarter Net income of... More