Every material Form 8-K PennyMac Mortgage Investment Trust filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PennyMac Mortgage Investment Trust reported a third-quarter 2026 net loss attributable to common shareholders of $36 million, or $(0.41) per share, compared with $20 million of net income in the prior quarter. The board also raised its share repurchase authorization from $500 million to $630 million, and CEO David Spector said the company expects to reduce its dividend in favor of buybacks; CFO Daniel Perotti will be succeeded by Kevin Ryan on January 1, 2027.
Q3 2026 net loss attributable to common shareholders was $36 million, or $(0.41) per share, versus net income of $20 million in Q2 2026 and $48 million in Q3 2025.
Adjusted EPS was $0.35, up from $0.25 in Q2 2026 but down from $0.37 in Q3 2025.
Book value per share was $14.03 at September 30, 2026, down from $14.83 at the prior quarter end.
Kevin Ryan will become CFO on January 1, 2027; Daniel Perotti resigns as CFO effective December 31, 2026 and will serve in an advisory role. The board raised the buyback authorization to $630 million on October 26, 2026.
PennyMac Mortgage Investment Trust reported second-quarter 2026 net income attributable to common shareholders of $20 million, or $0.23 per diluted share, up from $14 million, or $0.16, in the first quarter. Net investment income fell 11% from the prior quarter to $73 million, and book value per share declined to $14.83 from $14.98. In June the company agreed to sell $13 billion in unpaid principal balance of mortgage servicing rights and stopped acquiring Agency-eligible correspondent loans, which management said would free capital for credit investments.
Net income attributable to common shareholders was $20 million, or $0.23 per diluted share, versus $14 million, or $0.16, in the first quarter of 2026.
Net investment income was $73 million, down 11% from $82 million in the first quarter.
Book value per share was $14.83 at June 30, 2026, down from $14.98 at March 31, 2026; dividends declared were $0.40 per share.
The company agreed to sell $13 billion in unpaid principal balance of mortgage servicing rights, with an expected close at the end of August.
On June 15, 2026, PennyMac Mortgage Investment Trust's board elected Scott Sauer as a Class III trustee and a member of the Risk Committee, with a term running to the 2027 annual meeting. At the June 16, 2026 annual meeting, shareholders voted on three Class II trustee nominees, the ratification of Deloitte & Touche LLP as auditor, and a non-binding say-on-pay proposal.
Sauer's trustee compensation includes a $105,000 annual base retainer, a $7,750 committee retainer, and a one-time $130,000 restricted share unit grant, prorated for days of service.
Shareholders present at the meeting held 70,875,385 of 87,202,362 eligible shares, or 81.3%.
Deloitte & Touche LLP ratification received 68,988,146 votes for and 1,607,824 against for fiscal 2026.
Preston DuFauchard, Nancy McAllister and Stacey D. Stewart were the Class II nominees, with vote totals reported in the filing.
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.
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.
PennyMac Mortgage Investment Trust reported fourth-quarter 2025 net income attributable to common shareholders of $41.9 million, or $0.48 per share, up from $0.41 a year earlier but down from $0.55 in the third quarter. For the full year, earnings fell to $86.1 million, or $0.99 per share, from $1.37 in 2024, while book value per common share declined from $15.87 to $15.25 and full-year dividends totaled $1.60 per share.
Q4 2025 net income attributable to common shareholders was $41.9 million, or $0.48 per share, versus $0.41 in Q4 2024 and $0.55 in Q3 2025.
Full-year 2025 net income attributable to common shareholders was $86.1 million, versus $119.2 million in 2024; diluted EPS was $0.99 versus $1.37.
Book value per common share was $15.25 at December 31, 2025, up from $15.16 at September 30, 2025.
A Q4 2025 cash dividend of $0.40 per common share was paid on January 23, 2026.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PennyMac Mortgage Investment Trust filing is on SEC EDGAR ↗. 8-K briefs of other companies →