10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-21-006277 |
| Period End Date | 20210331 |
| Filing Date | 20210506 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | pfsi-20210331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
71 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Mortgage loans held for sale, pledged to creditors |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$13.27B | USD | Point-in-time |
| Mortgage loans held for sale, pledged to creditors |
PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue
|
$11.46B | USD | Point-in-time |
| Servicing advances, net, valuation allowance |
ServicingAdvancesNetValuationAllowance
|
$181.43M | USD | Point-in-time |
| Servicing advances, net, valuation allowance |
ServicingAdvancesNetValuationAllowance
|
$156.31M | USD | Point-in-time |
| Servicing advances pledged to creditors |
ServicingAdvancesPledgedToCreditors
|
$373.11M | USD | Point-in-time |
| Servicing advances pledged to creditors |
ServicingAdvancesPledgedToCreditors
|
$413.48M | USD | Point-in-time |
| Mortgage servicing rights pledged to creditors |
ServicingAssetPledgedToCreditors
|
$2.58B | USD | Point-in-time |
| Mortgage servicing rights pledged to creditors |
ServicingAssetPledgedToCreditors
|
$3.27B | USD | Point-in-time |
| Cash |
Cash
|
$441.87M | USD | Point-in-time |
| Other assets pledged to creditors |
OtherAssetsPledgedToSecureNotePayable
|
$114.34M | USD | Point-in-time |
| Other assets pledged to creditors |
OtherAssetsPledgedToSecureNotePayable
|
$166.42M | USD | Point-in-time |
| Cash |
Cash
|
$532.72M | USD | Point-in-time |
| Cash |
Cash
|
$878.83M | USD | Point-in-time |
| Short-term investments at fair value |
ShortTermInvestments
|
$24.85M | USD | Point-in-time |
| Short-term investments at fair value |
ShortTermInvestments
|
$15.22M | USD | Point-in-time |
| Loans held for sale at fair value (includes $13,267,667 and $11,457,678 pledged to creditors) |
MortgagesHeldForSaleFairValueDisclosure
|
$11.62B | USD | Point-in-time |
| Loans held for sale at fair value (includes $13,267,667 and $11,457,678 pledged to creditors) |
MortgagesHeldForSaleFairValueDisclosure
|
$13.39B | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$530.85M | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$711.24M | USD | Point-in-time |
| Servicing advances, net (includes valuation allowance of $156,315 and $181,433; $373,110 and $413,484 pledged to creditors) |
ServicingAdvances
|
$550.15M | USD | Point-in-time |
| Servicing advances, net (includes valuation allowance of $156,315 and $181,433; $373,110 and $413,484 pledged to creditors) |
ServicingAdvances
|
$579.53M | USD | Point-in-time |
| Mortgage servicing rights at fair value (includes $3,265,073 and $2,577,964 pledged to creditors) |
ServicingAsset
|
$3.27B | USD | Point-in-time |
| Mortgage servicing rights at fair value (includes $3,265,073 and $2,577,964 pledged to creditors) |
ServicingAsset
|
$2.58B | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$74.93M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$74.80M | USD | Point-in-time |
| Loans eligible for repurchase |
LoansEligibleForRepurchases
|
$14.63B | USD | Point-in-time |
| Loans eligible for repurchase |
LoansEligibleForRepurchases
|
$12.31B | USD | Point-in-time |
| Other (includes $114,342 and $166,418 pledged to creditors) |
OtherAssets
|
$638.26M | USD | Point-in-time |
| Other (includes $114,342 and $166,418 pledged to creditors) |
OtherAssets
|
$692.17M | USD | Point-in-time |
| Total assets |
Assets
|
$31.60B | USD | Point-in-time |
| Total assets |
Assets
|
$31.30B | USD | Point-in-time |
| Assets sold under agreements to repurchase |
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
$10.85B | USD | Point-in-time |
| Assets sold under agreements to repurchase |
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
$9.65B | USD | Point-in-time |
| Mortgage loans participation purchase and sale agreements |
MortgageLoanParticipationAndSaleAgreement
|
$518.75M | USD | Point-in-time |
| Mortgage loans participation purchase and sale agreements |
MortgageLoanParticipationAndSaleAgreement
|
$521.48M | USD | Point-in-time |
| Obligations under capital lease |
CapitalLeaseObligations
|
$11.86M | USD | Point-in-time |
| Obligations under capital lease |
CapitalLeaseObligations
|
$10.47M | USD | Point-in-time |
| Notes payable secured by mortgage servicing assets |
NotesPayable
|
$1.30B | USD | Point-in-time |
| Notes payable secured by mortgage servicing assets |
NotesPayable
|
$1.30B | USD | Point-in-time |
| Unsecured senior notes |
UnsecuredSeniorNotes
|
$645.82M | USD | Point-in-time |
| Unsecured senior notes |
UnsecuredSeniorNotes
|
$1.29B | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$68.56M | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$42.64M | USD | Point-in-time |
| Mortgage servicing liabilities at fair value |
ServicingLiability
|
$45.32M | USD | Point-in-time |
| Mortgage servicing liabilities at fair value |
ServicingLiability
|
$46.03M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$355.43M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$308.40M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$96.07M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$94.19M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$622.70M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$751.86M | USD | Point-in-time |
| Liability for loans eligible for repurchase |
LiabilityForLoansEligibleForRepurchase
|
$12.31B | USD | Point-in-time |
| Liability for loans eligible for repurchase |
LiabilityForLoansEligibleForRepurchase
|
$14.63B | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$38.43M | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$32.69M | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$23.20M | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$21.45M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$28.21B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$27.83B | USD | Point-in-time |
| Commitments and contingencies - Note 16 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies - Note 16 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$762.59M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.05B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.34B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.70B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.36B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.06B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$31.30B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$31.60B | USD | Point-in-time |
Income Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| From non-affiliates |
GainLossOnSalesOfLoansFromNonAffiliates
|
$768.59M | USD | 1 Quarter |
| From non-affiliates |
GainLossOnSalesOfLoansFromNonAffiliates
|
$266.37M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$754.34M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$344.28M | USD | 1 Quarter |
| Loan origination fees from non-affiliates |
LoanOriginationsFeesFromNonAffiliates
|
$53.59M | USD | 1 Quarter |
| Loan origination fees from non-affiliates |
LoanOriginationsFeesFromNonAffiliates
|
$95.84M | USD | 1 Quarter |
| Loan origination fees |
LoanOriginationsFees
|
$104.04M | USD | 1 Quarter |
| Loan origination fees |
LoanOriginationsFees
|
$57.57M | USD | 1 Quarter |
| From non-affiliates |
ContractuallySpecifiedServicingFeesAmount
|
$198.65M | USD | 1 Quarter |
| From non-affiliates |
ContractuallySpecifiedServicingFeesAmount
|
$210.75M | USD | 1 Quarter |
| Other |
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
$29.60M | USD | 1 Quarter |
| Other |
AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount
|
$28.75M | USD | 1 Quarter |
| Loan servicing fees |
ServicingFee
|
$259.44M | USD | 1 Quarter |
| Loan servicing fees |
ServicingFee
|
$241.93M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and mortgage servicing liabilities |
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
$1.04B | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and mortgage servicing liabilities |
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
$-223.46M | USD | 1 Quarter |
| Mortgage servicing rights hedging results |
DerivativeGainLossOnDerivativeNet
|
$-442.15M | USD | 1 Quarter |
| Mortgage servicing rights hedging results |
DerivativeGainLossOnDerivativeNet
|
$1.04B | USD | 1 Quarter |
| Change in fair value of excess servicing spread payable to PennyMac Mortgage Investment Trust |
MortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$219.72M | USD | 1 Quarter |
| Change in fair value of excess servicing spread payable to PennyMac Mortgage Investment Trust |
MortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$-15.88M | USD | 1 Quarter |
| Net loan servicing fees |
ServicingFeeNet
|
$39.72M | USD | 1 Quarter |
| Net loan servicing fees |
ServicingFeeNet
|
$257.81M | USD | 1 Quarter |
| From non-affiliates |
InterestIncomeOperatingFromNonAffiliates
|
$71.35M | USD | 1 Quarter |
| From non-affiliates |
InterestIncomeOperatingFromNonAffiliates
|
$81.69M | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
$72.56M | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
$82.08M | USD | 1 Quarter |
| To non-affiliates |
InterestExpenseFromNonAffiliates
|
$59.54M | USD | 1 Quarter |
| To non-affiliates |
InterestExpenseFromNonAffiliates
|
$106.43M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$107.71M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$61.51M | USD | 1 Quarter |
| Net interest (expense) income |
InterestIncomeExpenseNet
|
$11.05M | USD | 1 Quarter |
| Net interest (expense) income |
InterestIncomeExpenseNet
|
$-25.63M | USD | 1 Quarter |
| Management fees |
ManagementFeeRevenue
|
$8.45M | USD | 1 Quarter |
| Management fees |
ManagementFeeRevenue
|
$9.05M | USD | 1 Quarter |
| Result of real estate acquired in settlement of loans |
GainsLossesOnSalesOfOtherRealEstate
|
$-707.00K | USD | 1 Quarter |
| Result of real estate acquired in settlement of loans |
GainsLossesOnSalesOfOtherRealEstate
|
$780.00K | USD | 1 Quarter |
| Other |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.75M | USD | 1 Quarter |
| Other |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.68M | USD | 1 Quarter |
| Total net revenue |
RevenuesNetOfInterestExpense
|
$944.69M | USD | 1 Quarter |
| Total net revenue |
RevenuesNetOfInterestExpense
|
$721.83M | USD | 1 Quarter |
| Compensation |
LaborAndRelatedExpense
|
$168.44M | USD | 1 Quarter |
| Compensation |
LaborAndRelatedExpense
|
$258.83M | USD | 1 Quarter |
| Loan origination |
LoanProcessingFee
|
$87.39M | USD | 1 Quarter |
| Loan origination |
LoanProcessingFee
|
$46.00M | USD | 1 Quarter |
| Technology |
CommunicationsAndInformationTechnology
|
$33.67M | USD | 1 Quarter |
| Technology |
CommunicationsAndInformationTechnology
|
$19.11M | USD | 1 Quarter |
| Servicing |
MortgageLoanCollectionAndLiquidationExpenses
|
$42.17M | USD | 1 Quarter |
| Servicing |
MortgageLoanCollectionAndLiquidationExpenses
|
$19.18M | USD | 1 Quarter |
| Professional services |
ProfessionalFees
|
$13.40M | USD | 1 Quarter |
| Professional services |
ProfessionalFees
|
$13.29M | USD | 1 Quarter |
| Occupancy and equipment |
OccupancyAndEquipment
|
$8.04M | USD | 1 Quarter |
| Occupancy and equipment |
OccupancyAndEquipment
|
$9.04M | USD | 1 Quarter |
| Other |
OtherExpenses
|
$9.94M | USD | 1 Quarter |
| Other |
OtherExpenses
|
$17.28M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$307.10M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$438.68M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$506.01M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$414.73M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$108.49M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$129.14M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$376.87M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$306.24M | USD | 1 Quarter |
| Net income attributable to PennyMac Financial Services, Inc. common stockholders |
NetIncomeLoss
|
$376.87M | USD | 1 Quarter |
| Net income attributable to PennyMac Financial Services, Inc. common stockholders |
NetIncomeLoss
|
$306.24M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$5.45 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$3.89 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$3.73 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$5.15 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
69.11M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
78.69M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
73.12M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
82.01M | shares | 1 Quarter |
| Dividend declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Dividend declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
Cash Flow Statement
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$376.87M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$306.24M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$754.34M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$344.28M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights, mortgage servicing liabilities and excess servicing spread |
NonCashMortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$1.02B | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights, mortgage servicing liabilities and excess servicing spread |
NonCashMortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$-222.43M | USD | 1 Quarter |
| Mortgage servicing rights hedging gains |
DerivativeGainLossOnDerivativeNet
|
$-442.15M | USD | 1 Quarter |
| Mortgage servicing rights hedging gains |
DerivativeGainLossOnDerivativeNet
|
$1.04B | USD | 1 Quarter |
| Capitalization of interest and advance on loans held for sale at fair value |
CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue
|
$18.13M | USD | 1 Quarter |
| Capitalization of interest and advance on loans held for sale at fair value |
CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue
|
$90.18M | USD | 1 Quarter |
| Amortization of debt issuance cost |
AmortizationOfFinancingCostsAndDiscounts
|
$7.30M | USD | 1 Quarter |
| Amortization of debt issuance cost |
AmortizationOfFinancingCostsAndDiscounts
|
$2.21M | USD | 1 Quarter |
| Results of real estate acquired in settlement of loans |
GainsLossesOnSalesOfOtherRealEstate
|
$-707.00K | USD | 1 Quarter |
| Results of real estate acquired in settlement of loans |
GainsLossesOnSalesOfOtherRealEstate
|
$780.00K | USD | 1 Quarter |
| Stock based compensation expense |
ShareBasedCompensation
|
$12.37M | USD | 1 Quarter |
| Stock based compensation expense |
ShareBasedCompensation
|
$10.88M | USD | 1 Quarter |
| (Reversal of) Provision for servicing advance losses |
ProvisionForServicingAdvanceLosses
|
$3.81M | USD | 1 Quarter |
| (Reversal of) Provision for servicing advance losses |
ProvisionForServicingAdvanceLosses
|
$-20.54M | USD | 1 Quarter |
| Impairment of capitalized software |
CapitalizedComputerSoftwareImpairments1
|
$728.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$5.35M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.63M | USD | 1 Quarter |
| Amortization of right-to-use assets |
LesseeOperatingLeaseRightOfUseAssetAmortization
|
$3.38M | USD | 1 Quarter |
| Amortization of right-to-use assets |
LesseeOperatingLeaseRightOfUseAssetAmortization
|
$2.98M | USD | 1 Quarter |
| Origination of loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$4.95B | USD | 1 Quarter |
| Origination of loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$14.31B | USD | 1 Quarter |
| Purchase of loans held for sale from non-affiliates |
PaymentsToPurchaseLoansHeldForSaleFromNonaffiliates
|
$1.44B | USD | 1 Quarter |
| Purchase of loans held for sale from non-affiliates |
PaymentsToPurchaseLoansHeldForSaleFromNonaffiliates
|
$620.86M | USD | 1 Quarter |
| Purchase of loans from Ginnie Mae securities and early buyout investors for modification and subsequent sale |
PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies
|
$2.30B | USD | 1 Quarter |
| Purchase of loans from Ginnie Mae securities and early buyout investors for modification and subsequent sale |
PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies
|
$4.36B | USD | 1 Quarter |
| Sale to non-affiliates and principal payments of loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$37.27B | USD | 1 Quarter |
| Sale to non-affiliates and principal payments of loans held for sale |
ProceedsFromSaleOfMortgageLoansHeldForSale
|
$19.34B | USD | 1 Quarter |
| Repurchase of loans subject to representations and warranties |
PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties
|
$17.99M | USD | 1 Quarter |
| Repurchase of loans subject to representations and warranties |
PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties
|
$16.28M | USD | 1 Quarter |
| Sale of real estate acquired in settlement of loans |
ProceedsFromSaleOfRealEstate
|
$9.46M | USD | 1 Quarter |
| Sale of real estate acquired in settlement of loans |
ProceedsFromSaleOfRealEstate
|
$4.95M | USD | 1 Quarter |
| Decrease in servicing advances |
IncreaseDecreaseInServicingAdvances
|
$-18.47M | USD | 1 Quarter |
| Decrease in servicing advances |
IncreaseDecreaseInServicingAdvances
|
$-48.37M | USD | 1 Quarter |
| Decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-22.91M | USD | 1 Quarter |
| Decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-628.00K | USD | 1 Quarter |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$46.90M | USD | 1 Quarter |
| Increase in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$21.87M | USD | 1 Quarter |
| Decrease in operating lease liabilities |
DecreaseInOperatingLeaseLiabilities
|
$4.07M | USD | 1 Quarter |
| Decrease in operating lease liabilities |
DecreaseInOperatingLeaseLiabilities
|
$3.47M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-730.28M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.25B | USD | 1 Quarter |
| (Increase) decrease in short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$-72.73M | USD | 1 Quarter |
| (Increase) decrease in short-term investments |
PaymentsForProceedsFromShortTermInvestments
|
$9.63M | USD | 1 Quarter |
| Net settlement of derivative financial instruments used for hedging of mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-942.00M | USD | 1 Quarter |
| Net settlement of derivative financial instruments used for hedging of mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$527.46M | USD | 1 Quarter |
| Purchase of mortgage servicing rights |
PaymentsToAcquireMortgageServicingRightsMSR
|
$24.10M | USD | 1 Quarter |
| Purchase of furniture, fixtures, equipment and leasehold improvements |
PaymentsToAcquirePropertyPlantAndEquipment
|
$994.00K | USD | 1 Quarter |
| Purchase of furniture, fixtures, equipment and leasehold improvements |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.74M | USD | 1 Quarter |
| Acquisition of capitalized software |
PaymentsToAcquireSoftware
|
$14.11M | USD | 1 Quarter |
| Acquisition of capitalized software |
PaymentsToAcquireSoftware
|
$10.06M | USD | 1 Quarter |
| Increase in margin deposits |
IncreaseDecreaseInMarginDepositsOutstanding
|
$-245.50M | USD | 1 Quarter |
| Increase in margin deposits |
IncreaseDecreaseInMarginDepositsOutstanding
|
$-132.95M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.12B | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-223.52M | USD | 1 Quarter |
| Sale of assets under agreements to repurchase |
SaleOfAssetsUnderAgreementsToRepurchase
|
$35.81B | USD | 1 Quarter |
| Sale of assets under agreements to repurchase |
SaleOfAssetsUnderAgreementsToRepurchase
|
$20.51B | USD | 1 Quarter |
| Repurchase of assets sold under agreements to repurchase |
RepurchaseOfAssetsSoldUnderAgreementsToRepurchase
|
$34.61B | USD | 1 Quarter |
| Repurchase of assets sold under agreements to repurchase |
RepurchaseOfAssetsSoldUnderAgreementsToRepurchase
|
$20.21B | USD | 1 Quarter |
| Issuance of mortgage loan participation purchase and sale certificates |
IssuanceOfMortgageLoanParticipationCertificates
|
$-6.34B | USD | 1 Quarter |
| Issuance of mortgage loan participation purchase and sale certificates |
IssuanceOfMortgageLoanParticipationCertificates
|
$-5.27B | USD | 1 Quarter |
| Repayment of mortgage loan participation purchase and sale certificates |
RepaymentOfMortgageLoanParticipationCertificates
|
$6.34B | USD | 1 Quarter |
| Repayment of mortgage loan participation purchase and sale certificates |
RepaymentOfMortgageLoanParticipationCertificates
|
$5.24B | USD | 1 Quarter |
| Repayments of obligations under capital lease |
FinanceLeasePrincipalPayments
|
$2.67M | USD | 1 Quarter |
| Repayments of obligations under capital lease |
FinanceLeasePrincipalPayments
|
$1.40M | USD | 1 Quarter |
| Issuance of unsecured senior notes |
ProceedsFromIssuanceOfUnsecuredDebt
|
$650.00M | USD | 1 Quarter |
| Repayment of excess servicing spread financing |
RepaymentOfExcessServicingSpreadFinancing
|
$134.62M | USD | 1 Quarter |
| Repayment of excess servicing spread financing |
RepaymentOfExcessServicingSpreadFinancing
|
$9.31M | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$3.39M | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$13.47M | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options |
ProceedsFromStockOptionsExercised
|
$1.67M | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options |
ProceedsFromStockOptionsExercised
|
$3.08M | USD | 1 Quarter |
| Payment of withholding taxes relating to stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$5.26M | USD | 1 Quarter |
| Payment of withholding taxes relating to stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$8.55M | USD | 1 Quarter |
| Payment of dividend to holders of common stock |
PaymentsOfDividendsCommonStock
|
$9.73M | USD | 1 Quarter |
| Payment of dividend to holders of common stock |
PaymentsOfDividendsCommonStock
|
$14.38M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$288.52M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$4.12M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.38B | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$304.52M | USD | 1 Quarter |
| Net (decrease) increase in cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$690.46M | USD | 1 Quarter |
| Net (decrease) increase in cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-90.85M | USD | 1 Quarter |
| Cash and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$532.78M | USD | Point-in-time |
| Cash and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$441.93M | USD | Point-in-time |
| Cash and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$879.04M | USD | Point-in-time |
| Cash and restricted cash at beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$188.58M | USD | Point-in-time |
| Cash and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$532.78M | USD | Point-in-time |
| Cash and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$441.93M | USD | Point-in-time |
| Cash and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$879.04M | USD | Point-in-time |
| Cash and restricted cash at end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$188.58M | USD | Point-in-time |
| Cash |
Cash
|
$441.87M | USD | Point-in-time |
| Cash |
Cash
|
$532.72M | USD | Point-in-time |
| Cash |
Cash
|
$878.83M | USD | Point-in-time |
| Restricted cash included in Other assets |
RestrictedCash
|
$212.00K | USD | Point-in-time |
| Restricted cash included in Other assets |
RestrictedCash
|
$63.00K | USD | Point-in-time |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
| Common Stock dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.36B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.06B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$376.87M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$306.24M | USD | 1 Quarter |
| Stock and unit-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$4.00M | USD | 1 Quarter |
| Stock and unit-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$10.19M | USD | 1 Quarter |
| Issuance of common stock in settlement of director fees |
StockIssuedDuringPeriodValueIssuedForServices
|
$51.00K | USD | 1 Quarter |
| Issuance of common stock in settlement of director fees |
StockIssuedDuringPeriodValueIssuedForServices
|
$48.00K | USD | 1 Quarter |
| Issuance of common stock in settlement of directors' fees |
CommonStockIssuedDuringPeriodValueIssuedForServices
|
$48.00K | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$4.12M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$288.52M | USD | 1 Quarter |
| Common stock dividends |
DividendsCommonStock
|
$9.73M | USD | 1 Quarter |
| Common stock dividends |
DividendsCommonStock
|
$14.38M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.36B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.06B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.