Pennymac Mortgage Trust (PMT) Tops Q3 EPS by 25c

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Go back to Pennymac Mortgage Trust (PMT) Tops Q3 EPS by 25c

PennyMac Mortgage Investment Trust Reports Third Quarter 2018 Results

November 1, 2018 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $40.3 million, or $0.62 per common share on a diluted basis for the third quarter of 2018, on net investment income of $108.5million. PMT previously announced a cash dividend for the third quarter of 2018 of $0.47 per common share of beneficial interest, which was declared on September25, 2018, and paid on October 30, 2018.

Third Quarter 2018 Highlights

Financial results:

Net income attributable to common shareholders of $40.3million, up from $30.2 million in the prior quarter... More