PMT Q1 net income $50.2M ($0.50/diluted share) vs Q4 loss of $5.8M; book value up to $15.96

PennyMac Mortgage Investment Trust

2023-Q1 EPS reported $0.50

Net income attributable to common shareholders $50.2M ($0.50 diluted EPS) compared to net loss of $5.8M in Q4 2022; net investment income $90.4M.
Book value per common share increased to $15.96 from $15.78 at Dec 31, 2022.
Credit Sensitive Strategies segment pretax income $57.3M from net investment income $58.0M; Interest Rate Sensitive Strategies pretax loss $7.0M.
Repurchased 0.6M common shares at avg $11.83 in Q1; after quarter-end repurchased 0.7M more at $12.06.
Extended Fannie Mae MSR term notes maturity by 2 years ($450M); issued $235M of new CRT term notes; invested $52M in additional opportunistic investments.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PennyMac Mortgage Investment Trust reported the first quarter of 2023 results: revenue $90.4 million, net income $50.2 million, EPS $0.50 per common share on a diluted basis.

Period: the first quarter of 2023
Revenue: $90.4 million
Net income: $50.2 million
EPS: $0.50 per common share on a diluted basis
Result: reported results

Exact text from the filing

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $50.2 million, or $0.50 per common share on a diluted basis for the first quarter of 2023, on net investment income of $90.4 million.

View on SEC.gov

Browse all earnings releases →

PennyMac Mortgage Investment Trust filing history →

Source: SEC EDGAR

accession 0001564590-23-006490

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.