---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-009494"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:13:50.338197+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PennyMac Financial Q4 net loss $36.8M on $158.4M arbitration accrual; revenue $361.9M

## Summary
- Q4 net loss of $36.8M ($0.74 diluted EPS) vs. year-ago net income; full-year net income $144.7M, down from $475.5M.
- $158.4M non-recurring arbitration accrual related to Black Knight litigation; arbitrator affirmed ownership of SSE platform.
- Production segment pretax income $39.4M (up from $25.2M prior quarter); Servicing segment pretax loss $95.5M due to accrual and MSR fair-value losses.
- Servicing portfolio UPB $607.2B (up 10% YoY); issued $750M 6-yr unsecured notes, redeemed $875M secured term notes.
- Declared Q4 cash dividend of $0.20 per share, payable Feb 23, 2024 to holders of record Feb 13, 2024.

## SEC filing metadata
- accession: 0001104659-24-009494
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465924009494/0001104659-24-009494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465924009494/tm244826d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-009494
- JSON: https://secwatch.observer/filing/0001104659-24-009494.json
- Plain text: https://secwatch.observer/filing/0001104659-24-009494.txt

## Key facts
- Earnings Releases
  PennyMac Financial Services, Inc. reported fourth quarter of 2023 results: revenue $361.9 million, net income net loss of $36.8 million, EPS $(0.74) per share on a diluted basis.
  - Period: fourth quarter of 2023
  - Revenue: $361.9 million
  - Net income: net loss of $36.8 million
  - EPS: $(0.74) per share on a diluted basis
  - Result: reported results
  source text: PennyMac Financial Services, Inc. (NYSE: PFSI) today reported a net loss of $36.8 million for the fourth quarter of 2023, or $(0.74) per share on a diluted basis, on revenue of $361.9 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1745916/000110465924009494/0001104659-24-009494-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.