For the year ending 2025-12-31, PMT-PB had -$65,724K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 127,872 |
| Net gains on investments and financings | 213,113 |
| Net gains on loans held for sale | 52,194 |
| Change in fair value of mortgage servicing rights | -413,709 |
| Mortgage servicing rights hedging results | 172,931 |
| Accrual of unearned discounts and amortization of purchase premiums on mortgage-backed securities, loans held for investment, and asset-backed financings | 31,583 |
| Amortization of debt issuance costs | 20,167 |
| Results of real estate acquired in settlement of loans | -64 |
| Share-based compensation expense | 3,865 |
| Purchase of loans held for sale from nonaffiliates | 59,554,007 |
| Purchase of loans held for sale from pennymac financial services, inc-Penny Mac Loan Services Llc | 11,216,713 |
| Sale to nonaffiliates and repayment of loans held for sale | 10,292,463 |
| Sale of loans held for sale to pennymac financial services, inc-Penny Mac Loan Services Llc | 52,895,921 |
| Repurchase of loans subject to representations and warranties | -25,891 |
| Decrease (increase) in servicing advances | -8,031 |
| (increase) decrease in due from pennymac financial services, inc-Penny Mac Loan Services Llc | 3,085 |
| Repurchase of real estate previously sold as loans acquired for sale | 0 |
| Increase in other assets | 30,980 |
| Increase (decrease) in accounts payable and accrued liabilities | 28,781 |
| (decrease) increase in due to pennymac financial services, inc | -13,084 |
| (decrease) increase in income taxes payable | -36,385 |
| Net cash (used in) provided by operating activities | -7,213,231 |
| Net (increase) decrease in short-term investments | 87,320 |
| Purchase of mortgage-backed securities | 942,462 |
| Sale and repayment of mortgage-backed securities | 752,978 |
| Repurchase of loans at fair value | 0 |
| Repayment of loans held for investment | 652,650 |
| Net settlement of derivative financial instruments | -3,675 |
| Distribution from credit risk transfer arrangements | 151,540 |
| Purchase of mortgage servicing rights | 0 |
| Transfer of mortgage servicing rights relating to delinquent loans to agency | 876 |
| Sale of real estate acquired in settlement of loans | 1,233 |
| (increase) decrease in margin deposits | 101,752 |
| Net cash provided by (used in) investing activities | 429,666 |
| Sale of assets under agreements to repurchase | 101,440,467 |
| Repurchase of assets sold under agreements to repurchase | 99,926,727 |
| Issuance of mortgage loan participation purchase and sale agreements | 665,124 |
| Repayment of mortgage loan participation purchase and sale agreements | 676,775 |
| Issuance of notes payable secured by credit risk transfer and mortgage servicing assets | 375,000 |
| Repayment of notes payable secured by credit risk transfer and mortgage servicing assets | 1,051,968 |
| Issuance of unsecured senior notes | 427,500 |
| Repayment of unsecured senior notes | 0 |
| Issuance of asset-backed financings of variable interest entities | 6,297,154 |
| Repayment of asset-backed financings of variable interest entities | 633,681 |
| Payment of debt issuance costs | 15,940 |
| Payment of dividends to preferred shareholders | 41,819 |
| Payment of dividends to common shareholders | 139,367 |
| Payment of vested share-based compensation tax withholdings | 1,127 |
| Repurchase of common shares of beneficial interest | 0 |
| Net cash used in financing activities | 6,717,841 |
| Net (decrease) increase in cash | -65,724 |
| Cash and cash equivalents at beginning of period | 337,694 |
| Cash and cash equivalents at end of period | 271,970 |
PennyMac Mortgage Investment Trust (PMT-PB)
PennyMac Mortgage Investment Trust (PMT-PB)