PennyMac Mortgage Investment Trust Q1 net income $14.2 million, $0.16 a share
PennyMac Mortgage Investment Trust reported first-quarter 2026 net income attributable to common shareholders of $14.2 million, or $0.16 per share, on net investment income of $82.1 million. That was down from $41.9 million in the fourth quarter of 2025 but up from a loss of $0.8 million in the first quarter of 2025. Book value per common share fell to $14.98 from $15.25, which the company attributed in part to lower contributions from its interest rate sensitive strategies.
Key points
- Net income attributable to common shareholders was $14.2 million, or $0.16 per share, versus $41.9 million, or $0.48 per share, in the fourth quarter of 2025 and a loss of $0.8 million, or $0.01 per share, in the first quarter of 2025.
- Book value per common share was $14.98 at March 31, 2026, down from $15.25 at December 31, 2025.
- A cash dividend of $0.40 per common share for the first quarter was declared March 11, 2026 and paid April 24, 2026.
- Loans acquired totaled $4.3 billion in unpaid principal balance, down 21% from the prior quarter.
The filing
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 May 05, 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.