---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-035464"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:59:39.351207+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PennyMac Q3 net income $1.5M ($0.01 EPS); increases share repurchase authorization to $500M

## Summary
- Net income of $1.5M ($0.01 diluted EPS) vs net loss of $81.2M in prior quarter; revenue $151.1M.
- Book value per share fell to $16.18 from $16.59 at June 30, 2022.
- Board increased share repurchase authorization from $400M to $500M; repurchased 2.1M shares in Q3 and Oct.
- Recorded $78.5M tax provision in taxable REIT subsidiary, driving net income of only $1.5M.

## SEC filing metadata
- accession: 0001564590-22-035464
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000156459022035464/0001564590-22-035464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000156459022035464/pmt-8k_20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-035464
- JSON: https://secwatch.observer/filing/0001564590-22-035464.json
- Plain text: https://secwatch.observer/filing/0001564590-22-035464.txt

## Key facts
- Earnings Releases
  PennyMac Mortgage Investment Trust reported third quarter of 2022 results: net income $1.5 million, or $0.01 per common share on a diluted basis.
  - Period: third quarter of 2022
  - Net income: $1.5 million, or $0.01 per common share on a diluted basis
  - Result: reported results
  source text: PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $1.5 million, or $0.01 per common share on a diluted basis for the third quarter of 2022, on net investment income of $151.1 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000156459022035464/0001564590-22-035464-index.htm

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