)
Visual
earnings real time
PennyMac Mortgage Investment Trust (PMT) investor relations material
PennyMac Mortgage Investment Trust Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary21 Oct, 2025
Executive summary
Net income attributable to common shareholders was $48 million ($0.55 per share) for Q3 2025, with annualized return on equity of 14% and book value per share rising to $15.16; a $0.40 per share dividend was declared.
Total assets increased to $18.5 billion as of September 30, 2025, driven by growth in loans held for investment and mortgage-backed securities.
Strong performance across all investment strategies, with robust organic investment creation and private label securitization activity.
The company operates in three segments: credit sensitive strategies, interest rate sensitive strategies, and correspondent production.
Weighted average shares outstanding was 87,017,000 for the quarter.
Financial highlights
Net investment income for Q3 2025 was $99.2 million, up from $80.9 million in Q3 2024.
Net income to common shareholders was $48 million, with EPS of $0.55; book value per share was $15.16 at September 30, 2025.
Pre-tax income from credit-sensitive strategies was $19 million; interest rate-sensitive strategies contributed $32 million.
Dividend per common share was $0.40 for Q3 2025.
Total assets increased to $18.5 billion from $16.8 billion at June 30, 2025.
Outlook and guidance
Run-rate return potential expected to average $0.42 per share over the next four quarters, up from $0.38 in the prior quarter.
Projected annualized return on equity for organic investments from private label securitizations is 13-15%, and for opportunistic investments 15%+.
Management anticipates earnings per share over the next year to average above the current dividend level.
The company expects to continue investing in subordinate MBS from private label securitizations and to acquire a portion of conventional and all jumbo loans from PFSI in Q4 2025.
Expects continued strong performance and modest growth in book value per share.
Sizing owner-occupied securitization opportunity
Best risk-adjusted return opportunities now?
Explain debt to equity excluding nonrecourse debt
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next PennyMac Mortgage Investment Trust earnings date
Q4 20254 Feb, 2026
Next PennyMac Mortgage Investment Trust earnings date
Q4 20254 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
PennyMac Mortgage Investment Trust is a real estate investment trust (REIT) focused on investing in mortgage-related assets. The company’s portfolio includes residential mortgage loans, mortgage-backed securities, and other financial assets tied to residential real estate. PennyMac Mortgage Investment Trust seeks to generate income and capital appreciation by managing and financing its investments across various market environments. The company is headquartered in Westlake Village, California, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage