PennyMac Mortgage Investment Trust (PMTV) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 447,145 | 467,030 | 469,921 | 409,423 | 386,455 | 480,842 | |||
| Cash and cash equivalent | 344,358 | 130,734 | 126,578 | 281,085 | 236,396 | 238,805 | |||
| Short-term investments | 102,787 | 336,296 | 343,343 | 128,338 | 150,059 | 242,037 | |||
| Total current assets: | 447,145 | 467,030 | 469,921 | 409,423 | 386,455 | 480,842 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed assets | 12,608,509 | 11,613,920 | 11,823,779 | 12,704,464 | 12,836,881 | 12,904,080 | |||
| TOTAL ASSETS: | 13,055,654 | 12,080,950 | 12,293,700 | 13,113,887 | 13,223,336 | 13,384,922 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 5,751,519 | 4,703,577 | 5,122,203 | 5,627,807 | 6,021,890 | 5,916,210 | |||
| Total current liabilities: | 5,751,519 | 4,703,577 | 5,122,203 | 5,627,807 | 6,021,890 | 5,916,210 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 198,333 | ||||||||
| Deferred income tax liabilities | 198,333 | ||||||||
| Total noncurrent liabilities: | 198,333 | ||||||||
| Other undisclosed liabilities | 5,367,348 | 5,437,504 | 5,212,584 | 5,330,657 | 5,252,368 | 5,537,216 | |||
| Total liabilities: | 11,118,867 | 10,141,081 | 10,334,787 | 11,156,797 | 11,274,258 | 11,453,426 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,936,787 | 1,939,869 | 1,958,913 | 1,957,090 | 1,949,078 | 1,931,496 | |||
| Preferred stock | 541,482 | 541,482 | 541,482 | 541,482 | 541,482 | 541,482 | |||
| Common stock | 869 | 869 | 868 | 866 | 868 | 868 | |||
| Additional paid in capital | 1,924,596 | 1,923,780 | 1,922,954 | 1,923,437 | 1,923,130 | 1,921,710 | |||
| Accumulated deficit | (530,160) | (526,262) | (506,391) | (508,695) | (516,402) | (532,564) | |||
| Total equity: | 1,936,787 | 1,939,869 | 1,958,913 | 1,957,090 | 1,949,078 | 1,931,496 | |||
| TOTAL LIABILITIES AND EQUITY: | 13,055,654 | 12,080,950 | 12,293,700 | 13,113,887 | 13,223,336 | 13,384,922 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 394,952 | 351,046 | 321,500 | 346,122 | 343,179 | 339,594 | ||
| Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset | 166,617 | 164,942 | 163,368 | 165,403 | 170,561 | 172,325 | ||
| Net investment income | 208,224 | 173,878 | 143,559 | 165,278 | 158,926 | 162,684 | ||
| Gross profit: | 394,952 | 351,046 | 321,500 | 346,122 | 343,179 | 339,594 | ||
| Operating expenses | (54,330) | (42,589) | (41,824) | (44,452) | (45,009) | (43,599) | ||
| Other operating income (expense), net | (4,666) | (4,865) | ||||||
| Operating income: | 335,956 | 303,592 | 279,676 | 301,670 | 298,170 | 295,995 | ||
| Nonoperating income (expense) | (65) | (19,967) | 134 | 164,403 | (109,795) | (2,555) | ||
| Investment income, nonoperating | (19,743) | 164,338 | (109,544) | (2,499) | ||||
| Gains (losses) on sales of other real estate | (65) | (224) | 134 | 65 | (251) | (56) | ||
| Interest and debt expense | (171,841) | (171,527) | (185,523) | (183,918) | (187,390) | |||
| Income from continuing operations before equity method investments, income taxes: | 335,891 | 111,784 | 108,283 | 280,550 | 4,457 | 106,050 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (309,357) | (83,175) | (75,902) | (240,229) | 113,963 | (59,197) | ||
| Income from continuing operations before income taxes: | 26,534 | 28,609 | 32,381 | 40,321 | 118,420 | 46,853 | ||
| Income tax expense (benefit) | 14,873 | (3,175) | 15,227 | 12,590 | (56,998) | (22,229) | ||
| Net income attributable to parent: | 41,407 | 25,434 | 47,608 | 52,911 | 61,422 | 24,624 | ||
| Preferred stock dividends and other adjustments | (10,455) | (10,454) | 31,364 | (10,455) | (10,454) | |||
| Other undisclosed net loss available to common stockholders, basic | (106) | (107) | (10,572) | (41,941) | (147) | (100) | ||
| Net income available to common stockholders, basic: | 30,846 | 14,873 | 37,036 | 42,334 | 50,820 | 14,070 | ||
| Interest on convertible debt | 6,363 | 6,282 | 6,359 | |||||
| Other undisclosed net loss available to common stockholders, diluted | (9) | (4) | ||||||
| Net income available to common stockholders, diluted: | 30,846 | 14,873 | 43,399 | 48,607 | 57,175 | 14,070 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 41,407 | 25,434 | 47,608 | 52,911 | 61,422 | 24,624 | ||
| Comprehensive income, net of tax, attributable to parent: | 41,407 | 25,434 | 47,608 | 52,911 | 61,422 | 24,624 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.