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

PennyMac Mortgage posts Q1 net loss of $0.8 million, or $(0.01) per share

Negative Impact 4 of 5 earnings Written later

PennyMac Mortgage Investment Trust (NYSE: PMT) reported a net loss attributable to common shareholders of $0.8 million, or $(0.01) per diluted share, for the first quarter of 2025, compared with net income of $36.1 million, or $0.41 per diluted share, in the fourth quarter of 2024. The company said income excluding market-driven value changes was strong, but net fair value declines from interest rate volatility and credit spread widening offset it, and book value per common share fell to $15.43 from $15.87.

Key points

  • Net investment income was $44.5 million, down from $107.9 million in the prior quarter.
  • Book value per common share was $15.43 at March 31, 2025, versus $15.87 at December 31, 2024.
  • Net loan servicing fees were a loss of $27.2 million, compared with income of $207.4 million in the prior quarter.
  • A cash dividend of $0.40 per common share is payable April 25, 2025, to holders of record as of April 11, 2025.

The filing

CompanyPennyMac Mortgage Investment Trust (PMT)
Form8-K, current report
Filed with the SECApr 22, 2025, 4:30 PM ET
Accession number0001193125-25-089233

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 April 22, 2025.

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