Pennymac reports third quarter 2026 results and announces leadership changes
PennyMac reported $29 million net income for Q3 2026 while announcing executive retirements and CFO succession plans alongside strategic operational updates.
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National mortgage lender and servicer
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In short: PennyMac reported $29 million in Q3 PFSI net income and outlined $160 million in annualized expense cuts
PennyMac reported $29 million net income for Q3 2026 while announcing executive retirements and CFO succession plans alongside strategic operational updates.
Net income is $22 million, with total net revenues of $497 million. The company declared a quarterly cash dividend of $0.30 per share.
Adjusted EPS was $2.19. The company declared a $0.30 dividend and highlighted strong production segment performance.
The all-cash deal includes $1725 million upfront plus contingent payments, adding two million loans and expanding Pennymac’s servicing portfolio past one trillion dollars.
Pennymac reported $29M in Q3 2026 net income, detailed $160M in cost cuts, a $29B MSR sale and leadership changes as originations fell 30%.
PennyMac Financial press release (PFSI): Q3 Non-GAAP EPS of $1.05 misses by $0.18. Revenue of $469M...
PennyMac Financial Services, Inc. released its results for the third quarter ended September 30, 2026. For the quarter, net income stood at...
On a per-share basis, the Westlake Village, California-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring costs, were $1.05 per share...
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