secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Financial Services, Inc. (PFSI)
CIK:        0001745916
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001104659-23-009927
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennyMac Financial Q4 net income $37.6M ($0.71 EPS); production loss, servicing portfolio $552B
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- Net income $37.6M ($0.71 diluted EPS) on revenue $340.4M; full-year net income $475.5M (down 53% YoY).
- Production segment pretax loss $9.0M; Servicing segment pretax income $75.6M; servicing portfolio $551.7B UPB (+8% YoY).
- Book value per share $69.44, up from $68.26; declared $0.20 dividend payable Feb 24, record Feb 14.
- After quarter end: extended maturity of $650M term notes secured by Ginnie Mae MSRs for two years.
- Full-year: repurchased 7.8M shares for $406M (14% of shares); return on equity 14%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745916/000110465923009927/0001104659-23-009927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745916/000110465923009927/tm235244d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-009927

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