Pennymac Finl Svcs Inc Stock Price, News & Analysis

PennyMac Financial Services (NYSE: PFSI) has announced plans to offer $650 million in Senior Notes due 2034. The notes will be guaranteed on an unsecured senior basis by the company's existing and future wholly owned domestic subsidiaries, with certain exclusions.

The proceeds will be used to repay borrowings under secured MSR facilities, other secured debt, and general corporate purposes. The offering will be made through private placement to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S of the Securities Act.

PennyMac Mortgage Investment Trust (NYSE: PMT) reported a net loss of $2.9 million, or $(0.04) per share, in Q2 2025. The company's book value decreased to $15.00 per share from $15.43 in the previous quarter. Despite solid core income, results were impacted by fair value declines and a $14.0 million non-recurring tax expense.

Key operational highlights include: correspondent loan production of $3.1 billion in UPB (up 11% QoQ), creation of $44 million in new MSRs, and completion of four private label securitizations totaling $1.4 billion UPB. The company also issued $105 million of senior unsecured notes due 2030 and generated substantial investments in non-Agency bonds.

[ "Successfully executed four private label securitizations totaling $1.4 billion in UPB", "Correspondent loan production volumes increased 11% quarter-over-quarter to $3.1 billion", "Generated $153 million in new investments across non-Agency subordinate and senior bonds", "Successfully raised $105 million through senior unsecured notes issuance", "Created $44 million in new mortgage servicing rights" ]

PennyMac Financial Services (NYSE:PFSI) reported Q2 2025 net income of $136.5 million, or $2.54 per diluted share, on revenue of $444.7 million. Book value per share increased to $78.04, and the company declared a $0.30 quarterly dividend.

Key highlights include total loan acquisitions of $37.9 billion in UPB, up 31% quarter-over-quarter. The servicing portfolio grew to $699.7 billion in UPB, a 3% increase from Q1. The company issued $850 million in senior notes and redeemed $1.15 billion in existing notes.

Notable financial results include production segment pretax income of $57.8 million, servicing segment pretax income of $54.2 million, and a significant $60 million tax benefit driven by state apportionment changes.

PennyMac Financial Services (NYSE: PFSI) has scheduled its second quarter 2025 earnings release for Tuesday, July 22, 2025, after market close. The company will host a conference call and live audio webcast at 5:00 p.m. Eastern Time to discuss the quarterly results.

Investors can access the earnings release, webcast, and related materials through pfsi.pennymac.com. A replay of the webcast will be made available after the event. For those unable to access the website, materials can be obtained by contacting Investor Relations at 818.264.4907.

PennyMac Mortgage Investment Trust (NYSE: PMT) has scheduled its second quarter 2025 earnings release for Tuesday, July 22, 2025, after market close. The company will host a conference call and live audio webcast at 6:00 p.m. Eastern Time to discuss the quarterly results.

Investors can access the earnings release, webcast, and related materials through pmt.pennymac.com. A replay of the webcast will be made available following the presentation. Those unable to access the website can contact Investor Relations at 818.224.7028 to receive the materials.

PennyMac Mortgage Investment Trust (NYSE: PMT) has declared a quarterly cash dividend of $0.40 per common share for the second quarter of 2025. The dividend will be distributed on July 25, 2025, to shareholders of record as of July 11, 2025. This dividend announcement demonstrates PMT's continued commitment to providing regular returns to its shareholders.

PennyMac Mortgage Investment Trust (PMT) has announced the pricing of a $100 million public offering of 9.00% Senior Notes due 2030. The notes will be guaranteed by PennyMac Corp. and issued in $25.00 denominations. Underwriters have a 30-day option to purchase an additional $15 million in notes. The offering, expected to close on June 10, 2025, will fund various business activities including investment in subordinated bonds, mortgage securities, mortgage servicing rights, correspondent lending, and potential debt repayment. The company plans to list the notes on NYSE under symbol PMTW, with trading expected within 30 days of closing. Major financial institutions including Morgan Stanley, Goldman Sachs, and RBC Capital Markets are serving as joint book-running managers.

PennyMac Mortgage Investment Trust (NYSE: PMT) has announced a public offering of senior notes due 2030, which will be guaranteed by its subsidiary PennyMac Corp. The notes will be listed on NYSE under symbol PMTW. The company plans to use the proceeds for various business activities including investment in subordinated bonds from private-label securitization, mortgage securities, mortgage servicing rights acquisition, funding correspondent lending business, purchasing Agency-eligible residential mortgage loans, and potential repayment of existing debt including PMC's 5.50% exchangeable senior notes due 2026. The offering is being managed by several major financial institutions including Morgan Stanley, Goldman Sachs, RBC Capital Markets, UBS, Wells Fargo Securities, KBW, and Piper Sandler.

PennyMac Mortgage Investment Trust (NYSE: PMT) has announced its participation in the upcoming Nareit REITweek 2025 Investor Conference. The company will be represented by Senior Managing Director and CFO Daniel Perotti along with Managing Director of Portfolio Risk Management, Marshall Sebring. They will engage in a fireside chat scheduled for Tuesday, June 3, 2025, at 11:00 a.m. Eastern Time. Investors can access the live audio webcast through PMT's Investor Relations website at pmt.pennymac.com, with a replay available for a limited time after the event.