---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-110583"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:42:51.077089+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PennyMac Q3 2024 net income $69.4M ($1.30 EPS); production triples but servicing posts loss

## Summary
- Net income $69.4M ($1.30 diluted EPS) on revenue $411.8M; book value per share rose to $72.95 from $71.76.
- Production pretax income surged to $107.9M from $41.3M QoQ on 93% jump in consumer direct IRLCs.
- Servicing segment pretax loss $14.6M vs $88.5M income prior quarter, driven by $160.4M net MSR valuation decline.
- Loan acquisitions and originations $31.7B UPB (+17% QoQ, +26% YoY); servicing portfolio grew to $648.1B UPB.
- Board declares $0.30/share dividend payable Nov 27; management guides annualized operating ROE high-teens to low-twenties.

## SEC filing metadata
- accession: 0001104659-24-110583
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465924110583/0001104659-24-110583-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465924110583/tm2426615d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-110583
- JSON: https://secwatch.observer/filing/0001104659-24-110583.json
- Plain text: https://secwatch.observer/filing/0001104659-24-110583.txt

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