Every 10-Q that Pennymac Finl Svcs Inc (PFSI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PFSI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PFSI filings page.
PennyMac Financial Services, Inc. reported Q2 2026 total net revenues of $496,965 thousand, up from $444,730 thousand in Q2 2025, mainly from higher gains on loans held for sale and servicing income. Total assets were $29,859,451 thousand and stockholders’ equity $4,336,886 thousand at June 30, 2026.
Despite higher revenue, Q2 2026 net income fell to $21,726 thousand from $136,463 thousand a year earlier; six‑month net income was $104,048 thousand versus $212,743 thousand. The decline reflects large negative fair‑value changes in mortgage servicing rights and hedging results, higher compensation and loan origination expenses, and increased net interest expense.
The company agreed to acquire the subservicing business of Cenlar Capital Corporation for an upfront $172.5 million in cash, plus an equity adjustment and up to $85 million of contingent consideration over three years. Cenlar’s platform serves about 100 institutional clients. Closing is expected in the second half of 2026, subject to customary conditions and regulatory approvals, and may not occur.
PennyMac Financial Services reported solid first‑quarter 2026 results and outlined a major subservicing acquisition. Net income was $82.3M, up from $76.3M a year earlier, on total net revenues of $545.0M versus $430.9M. Diluted earnings per share rose to $1.53 from $1.42.
Total assets increased to $31.9B, driven by larger loan held‑for‑sale balances and mortgage servicing rights, which reached a fair value of $10.1B. The servicing portfolio totaled $720.3B of unpaid principal balance. Operating cash flow was negative as PennyMac actively originated and sold loans, offset by strong financing inflows.
The company agreed to acquire Cenlar’s subservicing business in an all‑cash deal with an upfront price of $172.5M plus or minus an equity adjustment and up to $85M in contingent consideration over three years. This transaction, expected to close in the second half of 2026 subject to regulatory approvals, would add subservicing contracts for about 100 institutional clients.
PennyMac Financial Services (PFSI) filed its Q3 2025 10‑Q, reporting total net revenues of $632,898 thousand and total expenses of $396,524 thousand for the quarter. Net gains on loans held for sale from non‑affiliates were $297,001 thousand (vs. $254,313 thousand in Q3 2024), and net loan servicing fees rose to $241,238 thousand (vs. $75,830 thousand). The change in fair value of mortgage servicing rights and liabilities was a loss of $392,174 thousand, partially offset by $98,306 thousand of hedging gains. Net interest was a modest loss of $1,147 thousand.
On the balance sheet, total assets were $25,401,120 thousand, including cash of $621,921 thousand, loans held for sale of $7,490,473 thousand, and mortgage servicing rights at fair value of $9,653,942 thousand. Total liabilities were $21,193,234 thousand, led by assets sold under agreements to repurchase of $7,130,423 thousand and unsecured senior notes of $4,829,113 thousand. Total stockholders’ equity was $4,207,886 thousand. Common shares outstanding were 51,965,474 as of October 24, 2025.