secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Financial Services, Inc. (PFSI)
CIK:        0001745916
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001104659-24-081917
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PFSI Q2 net income $98.3M, EPS $1.85; dividend raised 50% to $0.30/share
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- Net income $98.3M, diluted EPS $1.85, revenue $406.1M; pretax income $133.9M vs $43.9M prior Q and $72.9M YoY.
- Dividend increased 50% to $0.30/share, payable Aug 23, 2024, record Aug 13.
- Production segment pretax $41.3M (up 15% QoQ, 69% YoY) on total loan acquisitions $27.2B UPB (up 25% QoQ).
- Servicing segment pretax $88.5M vs $4.9M prior Q; servicing portfolio $632.7B UPB up 2% QoQ and 10% YoY.
- Issued $650M senior unsecured notes due 2030; book value per share $71.76 (+2.3% QoQ).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745916/000110465924081917/0001104659-24-081917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745916/000110465924081917/tm2419973d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-081917

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer