---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-018283"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:34:33.699715+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PMT Q1 net loss $29.6M ($0.32/sh), book value down to $17.87

## Summary
- Net loss of $29.6M, or $(0.32) diluted EPS, vs prior Q loss of $27.3M.
- Book value per share fell to $17.87 from $19.05; dividend of $0.47 declared.
- Credit sensitive strategies posted $56M pretax loss on spread widening; interest rate sensitive strategies earned $84.2M pretax.
- Repurchased 2.0M shares in Q1 for $31.8M, plus 990k shares in April for $15.4M.
- MSR fair value increased $392.6M driven by higher mortgage rates; $37.2M tax provision in taxable REIT subsidiary.

## SEC filing metadata
- accession: 0001564590-22-018283
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000156459022018283/0001564590-22-018283-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000156459022018283/pmt-8k_20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-018283
- JSON: https://secwatch.observer/filing/0001564590-22-018283.json
- Plain text: https://secwatch.observer/filing/0001564590-22-018283.txt

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