PennyMac Mortgage Investment Trust (PMT)

PMT 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	766.03	635.49	640.38	385.15	195.96	224.65
Total Interest Expense	802.8	714.66	735.97	410.42	304.74	270.77
Net Interest Income	-36.78	-79.17	-95.59	-25.27	-108.78	-46.12
Mortgage Banking	13.62	15.09	18.23	52.09	170.67	147.27
Gain (Loss) on Sale of Loans & Receivables	71.39	73.12	39.86	25.69	87.27	379.92
Gain (Loss) on Sale of Investments	54.43	61.05	178.1	-658.79	304.08	-170.89
Other Revenue	-179.57	-227.05	-92.96	-204.38	-341.97	607.21
Revenue Before Loan Losses	564.66	504.6	725.87	-145.66	757.48	1,408
Revenue	564.66	504.6	725.87	-145.66	757.48	1,408
Revenue Growth (YoY)	-30.04%	-30.48%	-	-	-46.21%	47.75%
Salaries & Employee Benefits	9.62	5.61	7.11	5.94	4	3.89
Cost of Services Provided	182.75	165.51	158.49	216.17	357.69	374.21
Other Operating Expenses	259.46	190.84	315.88	-430.87	351.13	950.45
Total Operating Expenses	451.83	361.96	481.47	-208.75	712.82	1,329
Operating Income	112.83	142.65	244.4	63.09	44.66	79.73
EBT Excluding Unusual Items	112.83	142.65	244.4	63.09	44.66	79.73
Pretax Income	112.83	142.65	244.4	63.09	44.66	79.73
Income Tax Expense	-9.22	-18.34	44.74	136.37	-12.19	27.36
Net Income	122.05	160.98	199.65	-73.29	56.85	52.37
Preferred Dividends & Other Adjustments	42.14	42.24	42.27	42.23	31.21	25.23
Net Income to Common	79.91	118.75	157.38	-115.51	25.65	27.15
Net Income Growth	-27.08%	-19.37%	-	-	8.56%	-76.86%
Shares Outstanding (Basic)	87	87	87	91	97	99
Shares Outstanding (Diluted)	87	87	112	91	97	99
Shares Change (YoY)	-6.35%	-22.28%	22.17%	-6.13%	-1.98%	13.30%
EPS (Basic)	0.92	1.37	1.80	-1.26	0.26	0.27
EPS (Diluted)	0.91	1.37	1.63	-1.26	0.26	0.27
EPS Growth	-35.54%	-16.23%	-	-	-3.70%	-88.87%
Dividend Per Share	0.400	1.600	1.600	1.810	1.880	1.520
Dividend Growth	-75.00%	-	-11.60%	-3.72%	23.68%	-19.15%
Operating Margin	19.98%	28.27%	33.67%	-	5.90%	5.66%
Profit Margin	14.15%	23.53%	21.68%	-	3.39%	1.93%
Effective Tax Rate	-	-	18.31%	216.17%	-	34.31%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q