PennyMac Financial Services, Inc. (PFSI)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Total net revenues | 444,730 | 3,438 | 15,731 | |
| Professional services | 8,380 | 9,339 | 9,404 | |
| Other | 12,220 | 12,858 | 8,695 | |
| Marketing and advertising | 12,389 | 5,088 | 5,445 | |
| Loan origination | 68,836 | 45,208 | 40,270 | |
| Compensation | 187,541 | 171,316 | 141,956 | |
| Technology | 42,257 | 37,059 | 35,690 | |
| Occupancy and equipment | 8,379 | 8,156 | 7,893 | |
| Servicing | 28,286 | 28,885 | 22,920 | |
| Total expenses | 368,288 | 317,909 | 272,273 | |
| Amount recorded in earnings for change in the fair value of the investment in and dividends received from the affiliates | - | 68 | -40 | |
| Represent fees for services the company performs on behalf of pmt in connection with the acquisition, packaging and sale of mortgage loans | - | 11,492 | 4,427 | |
| Fees charged to correspondent lenders and borrowers relating to the purchase or origination of mortgage loans | - | 49,430 | 42,075 | |
| Base revenues, as contractually stipulated, for operating and managing another entity's business during the reporting period | - | - | 7,133 | |
| Revenues, comprised of base and incentive revenue derived from the management of joint ventures, managing third-party properties, or another entity's operations | - | 7,153 | 7,133 | |
| Derivative, gain (loss) on derivative, net | - | 242,051 | -171,777 | |
| Servicing asset at fair value, period increase (decrease) | - | 628,258 | 101,315 | |
| Represents the amortization, provisions for losses due to impairment, fair value changes, and hedging results relating to mortgage servicing rights and changes in fair value of excess servicing spread payable to pennymac mortgage investment trust | - | 386,207 | 273,092 | |
| Amount of revenue from servicing real estate mortgages, and other financial assets held by others. includes premiums received in lieu of regular servicing fee | - | 462,037 | 440,696 | |
| Amount of revenue from servicing real estate mortgages, and other financial assets held by others. includes premiums received in lieu of regular servicing fee and fair value changes and hedging results relating to mortgage servicing rights and excess servicing spread payable to pmt | - | 75,830 | 167,604 | |
| Gain (loss) on sales of loans, net | - | 256,819 | 176,064 | |
| Gains (losses) on sales of other real estate | - | -269 | 193 | |
| Interest expense, operating | - | 217,597 | - | |
| Interest income, operating | - | 225,470 | 200,811 | |
| Interest expense | - | - | 207,871 | |
| Interest income (expense), operating | - | 7,873 | -7,060 | |
| Revenues, net of interest expense | - | 411,834 | 406,127 | |
| Income before (benefit from) provision for income taxes | 76,442 | 93,925 | 133,854 | |
| (benefit from) provision for income taxes | -60,021 | 24,557 | 35,596 | |
| Net income | 136,463 | 69,368 | 98,258 | |
| Earnings per share, basic | 2.64 | 1.36 | 1.93 | |
| Earnings per share, diluted | 2.54 | 1.3 | 1.85 | |
| Weighted average number of shares outstanding, basic | 51,667,000 | 51,180,000 | 50,955,000 | |
| Weighted average number of shares outstanding, diluted | 53,635,000 | 53,495,000 | 53,204,000 | |