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AI brief of an SEC Form 8-K · PennyMac Financial Services, Inc. (PFSI)

PennyMac Financial Q2 net income falls to $22 million, EPS $0.41 from $2.54 a year ago

Mixed Impact 4 of 5 earnings Written later

PennyMac Financial Services reported second-quarter 2026 net income of $22 million, or $0.41 per diluted share, down from $2.54 a year earlier, on total net revenues of $497 million, up 12% from a year earlier. Management said results fell short of expectations due to higher interest rates and expects adjusted ROE to remain in the high single digits through 2026 as it reduces its expense base.

Key points

  • Net income $22 million, diluted EPS $0.41, versus $2.54 in Q2 2025 and $1.53 in Q1 2026
  • Total net revenues $497 million, up 12% from Q2 2025 and down 9% from Q1 2026
  • Annualized ROE 2%, down from 14% a year earlier; adjusted ROE 7%, down from 13%
  • Guidance: adjusted ROEs expected to remain in the high single digits through 2026; $0.30 dividend payable August 27, 2026

The filing

CompanyPennyMac Financial Services, Inc. (PFSI)
Form8-K, current report
Filed with the SECJul 29, 2026, 4:31 PM ET
Accession number0001104659-26-088174

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.