AI brief of an SEC Form 8-K · PennyMac Mortgage Investment Trust (PMT)

PennyMac Mortgage posts Q2 net income of $15.0 million, or $0.17 per share

Negative Impact 3 of 5 earnings Written later

PennyMac Mortgage Investment Trust reported net income attributable to common shareholders of $15.0 million, or $0.17 per diluted share, for the quarter ended June 30, 2024, on net investment income of $71.2 million. Both measures were lower than in the prior quarter, when net income attributable to common shareholders was $37.2 million and net investment income was $74.2 million. Book value per common share fell slightly to $15.89 from $16.11 at March 31, 2024.

Key points

  • Net income attributable to common shareholders was $15.0 million, or $0.17 per diluted share, versus $37.2 million in the first quarter of 2024.
  • Net investment income was $71.2 million, compared with $74.2 million in the first quarter of 2024.
  • Book value per common share was $15.89 at June 30, 2024, down from $16.11 at March 31, 2024.
  • A cash dividend of $0.40 per common share will be paid on July 26, 2024, to holders of record as of July 12, 2024.

The filing

CompanyPennyMac Mortgage Investment Trust (PMT)
Form8-K, current report
Filed with the SECJul 23, 2024, 4:31 PM ET
Accession number0001193125-24-182969

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 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 23, 2024.

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.