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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	712.65	635.49	640.38	385.15	195.96	224.65
Total Interest Expense	758.58	714.66	735.97	410.42	304.74	270.77
Net Interest Income	-45.92	-79.17	-95.59	-25.27	-108.78	-46.12
Mortgage Banking	17.16	15.09	18.23	52.09	170.67	147.27
Gain (Loss) on Sale of Loans & Receivables	76.6	73.12	39.86	25.69	87.27	379.92
Gain (Loss) on Sale of Investments	137.03	61.05	178.1	-658.79	304.08	-170.89
Other Revenue	-219.5	-227.05	-92.96	-204.38	-341.97	607.21
Revenue Before Loan Losses	614.83	504.6	725.87	-145.66	757.48	1,408
Revenue	614.83	504.6	725.87	-145.66	757.48	1,408
Revenue Growth (YoY)	13.07%	-30.48%	-	-	-46.21%	47.75%
Salaries & Employee Benefits	8.13	5.61	7.11	5.94	4	3.89
Cost of Services Provided	184.9	165.51	158.49	216.17	357.69	374.21
Other Operating Expenses	329.43	190.84	315.88	-430.87	351.13	950.45
Total Operating Expenses	522.46	361.96	481.47	-208.75	712.82	1,329
Operating Income	92.37	142.65	244.4	63.09	44.66	79.73
EBT Excluding Unusual Items	92.37	142.65	244.4	63.09	44.66	79.73
Pretax Income	92.37	142.65	244.4	63.09	44.66	79.73
Income Tax Expense	-12.79	-18.34	44.74	136.37	-12.19	27.36
Net Income	105.16	160.98	199.65	-73.29	56.85	52.37
Preferred Dividends & Other Adjustments	42.24	42.24	42.27	42.23	31.21	25.23
Net Income to Common	62.91	118.75	157.38	-115.51	25.65	27.15
Net Income Growth	-43.88%	-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)	-12.12%	-22.28%	22.17%	-6.13%	-1.98%	13.30%
EPS (Basic)	0.72	1.37	1.80	-1.26	0.26	0.27
EPS (Diluted)	0.72	1.37	1.63	-1.26	0.26	0.27
EPS Growth	-54.84%	-16.23%	-	-	-3.70%	-88.87%
Dividend Per Share	1.600	1.600	1.600	1.810	1.880	1.520
Dividend Growth	-	-	-11.60%	-3.72%	23.68%	-19.15%
Operating Margin	15.02%	28.27%	33.67%	-	5.90%	5.66%
Profit Margin	10.23%	23.53%	21.68%	-	3.39%	1.93%
Effective Tax Rate	-	-	18.31%	216.17%	-	34.31%

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

SEC Filings: 10-K · 10-Q