PennyMac Mortgage Investment Trust (PMT) Misses Q4 EPS by 46c

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PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2022 Results

February 2, 2023 4:30 PM EST

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $37.6 million for the fourth quarter of 2022, or $0.71 per share on a diluted basis, on revenue of $340.4 million. Book value per share increased to $69.44 from $68.26 at September 30, 2022.

PFSIs Board of Directors declared a fourth quarter cash dividend of $0.20 per share, payable on February 24, 2023, to common stockholders of record as of February 14, 2023.

Fourth Quarter 2022 Highlights

Net income included non-recurring tax items of $(11.9) million primarily driven by a tax... More