Every 8-K that PennyMac Mortgage Investment Trust (PMT) 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 8-K covers material events a company has to report between its quarterly 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 reported second‑quarter 2026 net income attributable to common shareholders of $20 million, or $0.23 per diluted share, on net investment income of $73 million, producing a 6% annualized return on common equity.
Management highlighted six private‑label securitizations totaling $2.2 billion of unpaid principal balance that generated $120 million of new non‑Agency subordinate bond investments and a planned realignment away from mortgage servicing rights, including agreements to sell $13 billion of MSR UPB and halting Agency‑eligible correspondent loan acquisitions.
Credit sensitive strategies generated pretax income of $11 million and 11% ROE, interest rate sensitive strategies earned $9 million pretax, and aggregation and securitization contributed $11 million pretax. Book value per share was $14.83, slightly below March 31, 2026, and the common dividend remained $0.40 per share. Total assets were $25,094 million, shareholders’ equity was $1,853 million, and total debt‑to‑equity was 12.4x.
PennyMac Mortgage Investment Trust reported governance updates, including appointing Scott Sauer to its Board of Trustees and certifying results from its 2026 Annual Meeting of Shareholders.
The Board elected Mr. Sauer as a Class III Trustee, serving until the 2027 annual meeting, and named him to the Risk Committee. He will receive an annual base retainer of $105,000, plus $7,750 for Risk Committee service, and a one-time equity grant of $130,000 in restricted share units under the 2019 Equity Incentive Plan, vesting over time with dividend equivalents.
At the annual meeting, 87,202,362 common shares were entitled to vote and 70,875,385 shares, or 81.3%, were represented. Shareholders elected three Class II trustees, ratified Deloitte & Touche LLP as auditor for the year ending December 31, 2026, and approved the company’s executive compensation in a non-binding advisory vote.
PennyMac Mortgage Investment Trust reported first quarter 2026 net income attributable to common shareholders of $14.2 million, or $0.16 per diluted share, on net investment income of $82.1 million. Total net income was $24.6 million and pretax income was $26.9 million, down from $36.1 million in the prior quarter, when net income was $52.4 million and EPS was $0.48.
Management highlighted weaker contributions from interest rate sensitive strategies, partly offset by stronger results in aggregation and securitization, which generated $16.4 million of pretax income after a loss in the prior quarter. Credit sensitive strategies delivered $16.5 million of pretax income, while interest rate sensitive strategies contributed $8.0 million.
Book value per common share was $14.98, with an annualized return on average common equity of 4%. PMT completed eight private label securitizations totaling $2.8 billion in unpaid principal balance and retained more than $200 million of new investments. The trust paid a previously declared first quarter common dividend of $0.40 per share.
PennyMac Mortgage Investment Trust furnished its latest earnings materials. The company issued a press release announcing financial results for the fiscal quarter and year ended December 31, 2025, and made the release and an earnings slide presentation available as Exhibits 99.1 and 99.2.
The same supplemental financial information for this period was also made available on the company’s website at pmt.pennymac.com. These earnings materials are furnished, not filed, meaning they are not subject to certain liability provisions or automatically incorporated into other company disclosure documents.
PennyMac Mortgage Investment Trust disclosed that its indirect wholly owned subsidiary, PennyMac Corp., issued an additional $75 million aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029 in a registered direct placement. These new notes are a reopening of the existing 2029 exchangeable notes, bringing the total outstanding principal for this series to $366,500,000.
The company received approximately $75.6 million in net proceeds, which are intended to repay portions of borrowings under secured mortgage servicing rights and servicing advance facilities, to repurchase or repay part of its 5.50% Exchangeable Senior Notes due 2026, and for other general business purposes. The notes bear interest at 8.500% per year, mature on June 1, 2029, are fully and unconditionally guaranteed by the trust, and are exchangeable into cash and, at the issuer’s election, common shares or a combination of both at an initial exchange rate of 63.3332 common shares per $1,000 principal amount.
PennyMac Mortgage Investment Trust disclosed that its indirect wholly owned subsidiary, PennyMac Corp., issued $75 million aggregate principal amount of 8.500% Exchangeable Senior Notes due 2029 in a registered direct placement. This reopening brings the total outstanding notes in this series to $291,500,000 in aggregate principal amount.
Net proceeds were approximately $75.5 million, which are intended to repay borrowings under secured mortgage servicing rights and servicing advance facilities, repurchase or repay a portion of the Issuer’s 5.50% Exchangeable Senior Notes due 2026, and fund other general business purposes. The notes mature on June 1, 2029 and pay interest at 8.500% per year, semiannually on June 1 and December 1.
Holders can exchange each $1,000 principal amount into 63.3332 common shares, equivalent to an initial exchange price of approximately $15.79 per share, with PennyMac Corp. paying principal in cash and settling any excess value in cash, common shares, or both. The notes and the parent guarantee are senior unsecured obligations and include holder put rights upon certain corporate events.
PennyMac Mortgage Investment Trust furnished an update on its financial results for the quarter ended September 30, 2025. The company made a press release and slide presentation available on October 21, 2025, provided as Exhibits 99.1 and 99.2, and posted additional supplemental information on its website.
The information under Item 2.02, including the exhibits, is furnished and not deemed filed for purposes of Section 18 of the Exchange Act.
PennyMac Mortgage Investment Trust held its Annual Meeting of Shareholders on June 24, 2025, with 81.9% of eligible shares represented. Three key proposals were voted on:
- Board Elections: Three Class I trustees were elected to serve until 2028: - Scott W. Carnahan (37.9M votes for) - Donna M. Corley (41.7M votes for) - Renee R. Schultz (41.6M votes for)
- Auditor Appointment: Shareholders strongly approved Deloitte & Touche LLP as independent auditor with 70.1M votes in favor (98.5% approval)
- Executive Compensation: The non-binding vote on executive compensation passed with 50.1M votes in favor (92.3% of votes cast excluding abstentions)
All proposals passed successfully, with the auditor appointment receiving the highest approval rate. Notable was the strong shareholder participation, with over 71.2 million shares voting out of 87.0 million eligible shares.