Pennymac Financial Services (PFSI) Tops Q3 EPS by 20c

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Go back to Pennymac Financial Services (PFSI) Tops Q3 EPS by 20c

PennyMac Financial Services, Inc. Reports Third Quarter 2019 Results and Initiates Quarterly Dividend

October 31, 2019 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $121.5 million for the third quarter of 2019, or $1.51 per share on a diluted basis, on revenue of $436.3 million. Book value per share increased to $24.37 from $22.72 at June 30, 2019.

PFSI also announced today that it has initiated a quarterly dividend for common stockholders, and the Board of Directors has declared a cash dividend of $0.12 per share of common stock for the third quarter of 2019. This dividend will be paid on November 29, 2019, to common stockholders of record as of... More