Pennymac Financial Services (PFSI) Misses Q4 EPS by 86c

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Go back to Pennymac Financial Services (PFSI) Misses Q4 EPS by 86c

PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2021 Results

February 3, 2022 4:30 PM EST

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $173.1 million for the fourth quarter of 2021, or $2.79 per share on a diluted basis, on revenue of $693.8 million. Book value per share increased to $60.11 from $58.00 at September 30, 2021.

PFSIs Board of Directors declared a fourth quarter cash dividend of $0.20 per share, payable on February 25, 2022, to common stockholders of record as of February 15, 2022.

Fourth Quarter 2021 Highlights

Pretax income was $234.1 million, down 31 percent from the prior quarter and 62 percent from the... More