PennyMac Financial Services, Inc. (PFSI)

PFSI 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	848.13	793.57	632.92	294.06	300.17	247.03
Total Interest Expense	893.37	819.35	637.78	335.43	390.7	271.55
Net Interest Income	-45.24	-25.78	-4.85	-41.37	-90.53	-24.53
Mortgage Banking	212.96	185.7	146.12	169.86	384.15	285.55
Gain (Loss) on Sale of Loans & Receivables	934.56	817.37	545.94	791.63	2,464	2,741
Gain (Loss) on Sale of Investments	0.16	-0.06	0.31	-0.24	0.34	-0.45
Other Revenue	511.03	53.16	41.23	80.38	-288.96	1,147
Revenue Before Loan Losses	3,571	2,858	2,242	2,260	3,582	5,181
Revenue	3,571	2,858	2,242	2,260	3,582	5,181
Revenue Growth (YoY)	86.40%	27.47%	-0.78%	-36.91%	-30.86%	110.98%
Salaries & Employee Benefits	713.94	632.74	576.96	735.23	999.8	738.57
Cost of Services Provided	588.02	512.35	441.75	533.36	756.22	682.18
Other Operating Expenses	1,864	1,311	877.3	322.07	466.38	1,507
Total Operating Expenses	3,166	2,456	1,896	1,591	2,222	2,928
Operating Income	405.46	402.56	346.45	669.32	1,360	2,253
EBT Excluding Unusual Items	405.67	402.76	346.45	669.9	1,360	2,254
Pretax Income	403.93	401.03	183.63	665.25	1,359	2,241
Income Tax Expense	17.33	89.6	38.98	189.74	355.69	593.73
Earnings From Continuing Ops.	386.6	311.42	144.66	475.51	1,003	1,647
Net Income	386.6	311.42	144.66	475.51	1,003	1,647
Net Income to Common	386.6	311.42	144.66	475.51	1,003	1,647
Net Income Growth	99.70%	115.28%	-69.58%	-52.62%	-39.07%	319.09%
Shares Outstanding (Basic)	51	51	50	53	64	75
Shares Outstanding (Diluted)	54	53	53	56	67	79
Shares Change (YoY)	1.32%	1.18%	-5.75%	-17.08%	-14.30%	-2.01%
EPS (Basic)	7.52	6.11	2.89	8.96	15.73	21.91
EPS (Diluted)	7.21	5.84	2.74	8.50	14.87	20.92
EPS Growth	97.10%	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	33.33%	37.50%	-	-	35.59%	145.83%
Operating Margin	11.35%	14.08%	15.45%	29.62%	37.96%	43.49%
Profit Margin	10.82%	10.90%	6.45%	21.04%	28.01%	31.79%
Free Cash Flow Margin	-	-158.65%	-70.62%	266.64%	71.33%	-119.85%
Effective Tax Rate	4.29%	22.34%	21.22%	28.52%	26.17%	26.50%

Updated Jul 22, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q