---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-006490"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:46:45.555726+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-23-006490
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006490/0001564590-23-006490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006490/pmt-8k_20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-006490
- JSON: https://secwatch.observer/filing/0001564590-23-006490.json
- Plain text: https://secwatch.observer/filing/0001564590-23-006490.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006490/0001564590-23-006490-index.htm

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