Pennymac Financial Services (PFSI) Tops Q3 EPS by 8c

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Go back to Pennymac Financial Services (PFSI) Tops Q3 EPS by 8c

PennyMac Financial Services, Inc. Reports Third Quarter 2023 Results

October 26, 2023 4:15 PM EDT

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $92.9 million for the third quarter of 2023, or $1.77 per share on a diluted basis, on revenue of $400.3 million. Book value per share increased to $71.56 from $69.77 at June 30, 2023.

PFSIs Board of Directors declared a third quarter cash dividend of $0.20 per share, payable on November 22, 2023, to common stockholders of record as of November 13, 2023.

Third Quarter 2023 Highlights

Pretax income was $126.8 million, up 74 percent from the prior quarter and down 32 percent from the third quarter of... More