Here are the 10-Q quarterly reports from PennyMac Mortgage Investment Trust (PMT) in our archive since June 2025, 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 PMT 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 PMT filings page.
PennyMac Mortgage Investment Trust (PMT) reported a third-quarter 2026 net loss attributable to common shareholders of $35.827 million, versus income of $47.841 million in the quarter ended September 30, 2025. Net investment income was $36.244 million, compared with $99.232 million. Net loan servicing fees were $241.879 million, versus $15.429 million, while net losses on investments and financings were $162.265 million, compared with gains of $64.087 million. Net interest was an expense of $49.888 million, versus income of $1.694 million.
For the nine months ended September 30, 2026, net income was $30.163 million, compared with $75.510 million for the same period in 2025; net income attributable to common shareholders was a $1.201 million loss, versus $44.146 million income. At September 30, 2026, PMT reported total assets of $26,853.863 million, including $14,401.385 million in loans held for investment, and total liabilities of $25,070.781 million. PMT invests in residential mortgage-related assets through credit-sensitive, interest-rate-sensitive, and aggregation and securitization strategies.
PennyMac Mortgage Investment Trust reported results for the quarter and six months ended June 30, 2026. The mortgage-focused REIT invests in residential mortgage loans, mortgage-backed securities, credit risk transfer arrangements and mortgage servicing rights and seeks to maintain REIT status, which requires distributing at least 90% of taxable income.
For the quarter, net investment income was $72,729 (in thousands) and net income was $30,919 (in thousands), up from $7,534 (in thousands) a year earlier. Net income attributable to common shareholders was $20,464 (in thousands), or $0.23 basic and diluted earnings per share, versus a loss of $(0.04) per share in 2025. For the first six months, net income totaled $55,535 (in thousands). Common shareholders received dividends of $0.80 per share year-to-date.
At June 30, 2026, total assets were $25,093,590 (in thousands), including loans held for investment at fair value of $12,458,249 (in thousands) and mortgage servicing rights of $3,575,603 (in thousands). Total liabilities were $23,240,216 (in thousands) and shareholders’ equity was $1,853,374 (in thousands). Net cash used in operating activities was $5,468,695 (in thousands) for the six months, while financing activities provided $3,830,871 (in thousands), reflecting active use of repurchase agreements and asset-backed financings.
PennyMac Mortgage Investment Trust reported stronger results for the quarter ended March 31, 2026. Net income rose to $24.6 million from $9.7 million a year earlier, with net income attributable to common shareholders improving to $14.2 million from a small loss. Basic and diluted earnings per common share were $0.16, compared with a loss of $0.01 per share in the prior-year quarter.
Total assets increased to $22.5 billion from $21.3 billion at year-end 2025, driven largely by growth in loans held for investment at fair value to $10.9 billion. Asset-backed financings of variable interest entities also expanded to $9.9 billion. Unsecured senior notes declined to $684.5 million, reflecting debt repayment.
Operating cash flow was negative $2.53 billion, mainly due to substantial loan purchase and sale activity, while investing and financing activities together provided over $2.47 billion, leading to a modest decrease in cash to $214.0 million. The trust maintained shareholders’ equity near $1.87 billion and continued paying quarterly common and preferred dividends.
PennyMac Mortgage Investment Trust reports quarterly results for the period ended September 30, 2025. Net income was $58.3 million, up from $41.4 million a year earlier, and net income attributable to common shareholders was $47.8 million, or $0.55 per basic and diluted share.
Total assets reached $18.5 billion, compared with $14.4 billion at year-end 2024, driven largely by growth in loans held for investment and mortgage-backed securities. Total liabilities were $16.6 billion, leaving shareholders’ equity of $1.88 billion, including $541.5 million of preferred equity and $1.93 billion of additional paid-in capital.
Net investment income for the quarter was $99.2 million, reflecting servicing income, gains on investments and financings, and interest income partly offset by interest expense and fair value changes on mortgage servicing rights and hedging. The trust continues to operate through its credit sensitive, interest rate sensitive, and correspondent production segments while maintaining its REIT status by distributing at least 90% of taxable income.