)
Visual22 Oct 2025
Epiroc's cash spent on M&A
PennyMac Financial Services (PFSI) investor relations material
PennyMac Financial Services Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary21 Oct, 2025
Executive summary
Achieved net income of $182M in Q3 2025, with annualized ROE of 18% and EPS of $3.37, reflecting strong financial and operational performance from a balanced business model.
Production segment pre-tax income was $123M, while servicing segment pre-tax income reached $158M, with $162M excluding valuation-related items.
Book value per share rose to $81.12, and a $0.30 per share dividend was declared.
Completed a strategic sale of $12B in MSRs to Annaly Capital, retaining subservicing and recapture rights, accelerating capital-light revenue growth.
Maintained leadership in correspondent lending with over $100B in UPB over the last 12 months and a 20%+ market share in 2025.
Financial highlights
Reported net income of $182M in Q3, or $3.37 EPS, with annualized ROE of 18%.
Total loan acquisitions and originations were $36.5B in UPB, down 4% sequentially but up 15% year-over-year.
Servicing portfolio UPB grew to $717B, up 2% sequentially and 11% year-over-year.
Production segment pre-tax income was $123M, more than double the prior quarter.
Declared a $0.30 per share dividend for Q3.
Outlook and guidance
Expect annualized operating ROEs in the high teens to low 20s through 2026 if mortgage rates remain between 6% and 6.5% and delinquencies stay stable.
Q4 ROE expected to be at the higher end of the range if current rate levels persist, though seasonality may offset some gains.
Anticipate continued cost reductions in servicing through technology and AI initiatives, with further upside possible as portfolio grows.
Strategic focus on expanding capital-light subservicing and higher coupon MSRs.
How did hedging mitigate MSR fair value losses?
Impact of new PMT agreement on Q4 volumes?
How does Annaly MSR sale impact capital deployment?
Capital redeployment from Annaly MSR sale?
Sustainability of improved hedge cost containment?
Broker Direct 10% share by 2026 strategy?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next PennyMac Financial Services earnings date
Q4 20255 Feb, 2026
Next PennyMac Financial Services earnings date
Q4 20255 Feb, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
PennyMac Financial Services Inc. is a financial services company specializing in mortgage lending, servicing, and investment management. The company originates residential mortgage loans through retail, broker, and correspondent channels and provides loan servicing solutions for borrowers. PennyMac also manages investment portfolios related to residential mortgage assets, serving institutional investors. The company is headquartered in Westlake Village, California, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage