Pennymac Financial Services (PFSI) Tops Q3 EPS by 30c

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Go back to Pennymac Financial Services (PFSI) Tops Q3 EPS by 30c

PennyMac Financial Services, Inc. Reports Third Quarter 2021 Results

November 4, 2021 4:30 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $249.3 million for the third quarter of 2021, or $3.80 per share on a diluted basis, on revenue of $786.6 million. Book value per share increased to $58.00 from $54.49 at June 30, 2021.

PFSIs Board of Directors declared a third quarter cash dividend of $0.20 per share, payable on November 24, 2021, to common stockholders of record as of November 15, 2021.

Third Quarter 2021 Highlights

Pretax income was $339.5 million, up 21 percent from the prior quarter and down 53 percent... More