PennyMac Financial Services, Inc. (FRA:1AC)

FRA:1AC Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	871.41	793.57	632.92	294.06	300.17	247.03
Total Interest Expense	925.67	819.35	637.78	335.43	390.7	271.55
Net Interest Income	-54.26	-25.78	-4.85	-41.37	-90.53	-24.53
Mortgage Banking	225.22	185.7	146.12	169.86	384.15	285.55
Gain (Loss) on Sale of Loans & Receivables	992.2	817.37	545.94	791.63	2,464	2,741
Gain (Loss) on Sale of Investments	-0.02	-0.06	0.31	-0.24	0.34	-0.45
Other Revenue	-228.27	-779.32	-195.55	-551.1	-288.96	1,147
Revenue Before Loan Losses	2,966	2,026	2,006	1,628	3,582	5,181
Revenue	2,966	2,026	2,006	1,628	3,582	5,181
Revenue Growth (YoY)	47.97%	1.01%	23.16%	-54.54%	-30.86%	110.98%
Salaries & Employee Benefits	747.93	632.74	576.96	735.23	999.8	738.57
Cost of Services Provided	630.34	512.35	441.75	533.36	756.22	682.18
Other Operating Expenses	1,039	478.36	640.52	-309.41	466.38	1,507
Total Operating Expenses	2,418	1,623	1,659	959.17	2,222	2,928
Operating Income	547.91	402.56	346.45	669.32	1,360	2,253
EBT Excluding Unusual Items	548.11	402.76	346.45	669.9	1,360	2,254
Pretax Income	546.38	401.03	183.63	665.25	1,359	2,241
Income Tax Expense	47.64	89.6	38.98	189.74	355.69	593.73
Earnings From Continuing Ops.	498.74	311.42	144.66	475.51	1,003	1,647
Net Income	498.74	311.42	144.66	475.51	1,003	1,647
Net Income to Common	498.74	311.42	144.66	475.51	1,003	1,647
Net Income Growth	193.22%	115.28%	-69.58%	-52.62%	-39.07%	319.09%
Shares Outstanding (Basic)	52	51	50	53	64	75
Shares Outstanding (Diluted)	54	53	53	56	67	79
Shares Change (YoY)	1.05%	1.18%	-5.75%	-17.08%	-14.30%	-2.01%
EPS (Basic)	9.68	6.11	2.89	8.96	15.73	21.91
EPS (Diluted)	9.29	5.84	2.74	8.50	14.87	20.92
EPS Growth	189.98%	113.14%	-67.77%	-42.84%	-28.92%	327.81%
Free Cash Flow	-	-4,535	-1,584	6,026	2,555	-6,210
Free Cash Flow Per Share	-	-85.00	-30.03	107.70	37.87	-78.87
Dividend Per Share	1.200	1.100	0.800	0.800	0.800	0.590
Dividend Growth	20.00%	37.50%	-	-	35.59%	145.83%
Operating Margin	18.48%	19.87%	17.27%	41.10%	37.96%	43.49%
Profit Margin	16.82%	15.37%	7.21%	29.20%	28.01%	31.79%
Free Cash Flow Margin	-	-223.84%	-78.96%	370.04%	71.33%	-119.85%
Effective Tax Rate	8.72%	22.34%	21.22%	28.52%	26.17%	26.50%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.