NYSE$PMT
PennyMac Mortgage Investment Trust · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a net loss for the second quarter due to fair value declines in credit sensitive strategies and tax expense related to fair value gains on MSR assets.
PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $81.2 million, or $(0.88) per common share on a diluted basis, for the second quarter of 2022, on net investment income of $21.5 million.
- Net loss attributable to common shareholders was $81.2 million.
- Conventional correspondent loan production volumes were $10.3 billion in UPB, up 6% from the prior quarter.
- Book value per common share decreased to $16.59 at June 30, 2022 from $17.87 at March 31, 2022.
- PMT acquired $21.0 billion in UPB of loans through its correspondent production activities, down 7 percent from the prior quarter.
Headline financials
Revenue & EPS history
PennyMac · Revenue · Quarterly
$12.5M
Revenue by segment
PennyMac · -$39.9M total across 4 segments · Q2 2022
- Interest Rate Sensitive Strategies$29.4M+166.7%-73.7%
- Correspondent Production$9.78M-88.1%-24.5%
- Corporate-$15.3M-2255.5%38.4%
- Credit Sensitive Strategies-$63.7M-177.1%159.8%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-0.9%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+1.2%
Avg return
30 days after
42%
28 / 66 earnings
Positive
+16.4%
Q3 2023
Best reaction
-14.3%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -9.1% | -11.3% | -16.2% | |
| Q4 2025 | -10.8% | -8.4% | -9.3% | |
| Q3 2025 | +8.4% | +7.7% | +8.3% | |
| Q2 2025 | -0.2% | -0.1% | +0.6% | |
| Q1 2025 | -6.9% | -4.5% | -7.5% | |
| Q4 2024 | +5.5% | +5.1% | +13.7% | |
| Q3 2024 | -2.1% | -1.5% | -3.4% | |
| Q2 2024 | -8.1% | -5.1% | -5.4% | |
| Q1 2024 | +1.7% | +0.7% | -2.4% | |
| Q4 2023 | -2.6% | -4.1% | -0.4% | |
| Q3 2023 | +16.4% | +19.9% | +30.5% | |
| Q2 2023 | -10.1% | -11.5% | -10.1% | |
| Q1 2023 | +7.3% | +1.7% | -1.2% | |
| Q4 2022 | -3.1% | -6.7% | -14.7% | |
| Q3 2022 | +10.6% | +8.7% | +21.1% | |
| Q2 2022 | -2.4% | -0.2% | -8.3% | |
| Q1 2022 | -3.0% | -3.9% | +0.7% | |
| Q4 2021 | -6.2% | -4.0% | -9.3% | |
| Q3 2021 | -4.2% | -6.6% | -11.2% | |
| Q2 2021 | -1.3% | -3.6% | +0.2% | |
| Q1 2021 | -1.6% | -5.2% | -1.0% | |
| Q4 2020 | +1.9% | +0.3% | +2.4% | |
| Q3 2020 | +0.3% | +7.7% | +15.7% | |
| Q2 2020 | -8.2% | -5.2% | -12.5% | |
| Q1 2020 | +3.7% | -5.9% | +49.8% | |
| Q4 2019 | +0.0% | -1.2% | -9.0% | |
| Q3 2019 | +1.0% | -0.9% | +1.4% | |
| Q2 2019 | -0.4% | -1.2% | -1.2% | |
| Q1 2019 | +2.3% | -0.9% | -1.0% | |
| Q4 2018 | +4.5% | +0.6% | +0.1% | |
| Q3 2018 | +5.8% | +6.2% | +9.0% | |
| Q2 2018 | +3.9% | +2.8% | +4.6% | |
| Q1 2018 | +4.2% | +2.9% | +6.7% | |
| Q4 2017 | +4.4% | +5.5% | +8.9% | |
| Q3 2017 | -6.2% | -7.6% | -3.0% | |
| Q2 2017 | -3.1% | -1.2% | -1.8% | |
| Q1 2017 | -1.0% | -2.7% | +0.5% | |
| Q4 2016 | -2.6% | -2.2% | -0.9% | |
| Q3 2016 | +6.0% | +8.7% | +8.1% | |
| Q2 2016 | -9.0% | -6.3% | -5.5% | |
| Q1 2016 | +4.6% | — | — | |
| Q4 2015 | -14.3% | — | — | |
| Q3 2015 | +3.5% | — | — | |
| Q2 2015 | -6.9% | — | — | |
| Q1 2015 | -10.2% | — | — | |
| Q4 2014 | -6.6% | — | — | |
| Q3 2014 | -0.2% | — | — | |
| Q2 2014 | +4.0% | — | — | |
| Q1 2014 | -6.7% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | -4.5% | — | — | |
| Q2 2013 | +4.0% | — | — | |
| Q1 2013 | -1.1% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q4 2012 | -2.7% | — | — | |
| Q3 2012 | +0.6% | — | — | |
| Q2 2012 | +0.6% | — | — | |
| Q1 2011 | +3.7% | — | — | |
| Q1 2012 | +1.2% | — | — | |
| Q4 2009 | -1.4% | — | — | |
| Q3 2011 | -0.4% | — | — | |
| Q3 2010 | -0.4% | — | — | |
| Q2 2010 | -4.1% | — | — | |
| Q2 2011 | -4.1% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q1 2010 | +2.8% | — | — |
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