10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-23-007866 |
| Period End Date | 20230331 |
| Filing Date | 20230503 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | pfsi-20230331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash |
Cash
|
$1.50B | USD | Point-in-time |
| Cash |
Cash
|
$489.80M | USD | Point-in-time |
| Cash |
Cash
|
$1.33B | USD | Point-in-time |
| Short-term investment at fair value |
ShortTermInvestments
|
$12.19M | USD | Point-in-time |
| Short-term investment at fair value |
ShortTermInvestments
|
$3.58M | USD | Point-in-time |
| Loans held for sale at fair value (includes $6,668,418 and $3,442,847 pledged to creditors) |
MortgagesHeldForSaleFairValueDisclosure
|
$6.77B | USD | Point-in-time |
| Loans held for sale |
MortgagesHeldForSaleFairValueDisclosure
|
$6.77B | USD | Point-in-time |
| Loans held for sale at fair value (includes $6,668,418 and $3,442,847 pledged to creditors) |
MortgagesHeldForSaleFairValueDisclosure
|
$3.51B | USD | Point-in-time |
| Loans held for sale |
MortgagesHeldForSaleFairValueDisclosure
|
$3.51B | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$110.66M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvances
|
$696.75M | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$99.00M | USD | Point-in-time |
| Servicing advances, net |
ServicingAdvances
|
$547.16M | USD | Point-in-time |
| Servicing advances, net (includes valuation allowance of $75,178 and $78,992; $315,323 and $381,379 pledged to creditors) |
ServicingAdvances
|
$696.75M | USD | Point-in-time |
| Mortgage servicing rights, at fair value |
ServicingAsset
|
$5.95B | USD | Point-in-time |
| Servicing advances, net (includes valuation allowance of $75,178 and $78,992; $315,323 and $381,379 pledged to creditors) |
ServicingAdvances
|
$547.16M | USD | Point-in-time |
| Mortgage servicing rights, at fair value |
ServicingAsset
|
$6.00B | USD | Point-in-time |
| Other assets |
OtherAssets
|
$513.24M | USD | Point-in-time |
| Mortgage servicing rights at fair value (includes $5,954,749 and $5,897,613 pledged to creditors) |
ServicingAsset
|
$5.95B | USD | Point-in-time |
| Other assets |
OtherAssets
|
$417.91M | USD | Point-in-time |
| Mortgage servicing rights at fair value (includes $5,954,749 and $5,897,613 pledged to creditors) |
ServicingAsset
|
$6.00B | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$65.87M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$61.41M | USD | Point-in-time |
| Servicing advances, net, valuation allowance |
ServicingAdvancesNetValuationAllowance
|
$78.99M | USD | Point-in-time |
| Investment in PennyMac Mortgage Investment Trust at fair value |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
|
$925.00K | USD | Point-in-time |
| Investment in PennyMac Mortgage Investment Trust at fair value |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
|
$929.00K | USD | Point-in-time |
| Servicing advances, net, valuation allowance |
ServicingAdvancesNetValuationAllowance
|
$75.18M | USD | Point-in-time |
| Receivable from PennyMac Mortgage Investment Trust |
DueFromAffiliates
|
$35.17M | USD | Point-in-time |
| Receivable from PennyMac Mortgage Investment Trust |
DueFromAffiliates
|
$36.37M | USD | Point-in-time |
| Loans eligible for repurchase |
LoansEligibleForRepurchases
|
$4.70B | USD | Point-in-time |
| Loans eligible for repurchase |
LoansEligibleForRepurchases
|
$4.56B | USD | Point-in-time |
| Other (includes $31,909 and $12,277 pledged to creditors) |
OtherAssets
|
$513.24M | USD | Point-in-time |
| Other (includes $31,909 and $12,277 pledged to creditors) |
OtherAssets
|
$417.91M | USD | Point-in-time |
| Total assets |
Assets
|
$20.10B | USD | Point-in-time |
| Total assets |
Assets
|
$16.82B | USD | Point-in-time |
| Assets sold under agreements to repurchase |
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
$3.00B | USD | Point-in-time |
| Assets sold under agreements to repurchase |
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
$5.76B | USD | Point-in-time |
| Mortgage loan participation purchase and sale agreements |
MortgageLoanParticipationAndSaleAgreement
|
$287.59M | USD | Point-in-time |
| Mortgage loan participation purchase and sale agreements |
MortgageLoanParticipationAndSaleAgreement
|
$515.36M | USD | Point-in-time |
| Notes payable secured by mortgage servicing assets |
NotesPayable
|
$2.47B | USD | Point-in-time |
| Notes payable secured by mortgage servicing assets |
NotesPayable
|
$1.94B | USD | Point-in-time |
| Unsecured senior notes |
UnsecuredSeniorNotes
|
$1.78B | USD | Point-in-time |
| Unsecured senior notes |
UnsecuredSeniorNotes
|
$1.78B | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$49.09M | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$21.71M | USD | Point-in-time |
| Mortgage servicing liabilities at fair value |
ServicingLiability
|
$2.10M | USD | Point-in-time |
| Mortgage servicing liabilities at fair value |
ServicingLiability
|
$2.01M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$218.43M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$262.36M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$85.55M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$81.72M | USD | Point-in-time |
| Payable to PennyMac Mortgage Investment Trust |
DueToAffiliateCurrentAndNoncurrent
|
$142.01M | USD | Point-in-time |
| Payable to PennyMac Mortgage Investment Trust |
DueToAffiliateCurrentAndNoncurrent
|
$205.01M | USD | Point-in-time |
| Payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement |
PayableUnderTaxReceivableAgreement
|
$26.10M | USD | Point-in-time |
| Payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement |
PayableUnderTaxReceivableAgreement
|
$26.10M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$1.00B | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxes
|
$1.01B | USD | Point-in-time |
| Liability for loans eligible for repurchase |
LiabilityForLoansEligibleForRepurchase
|
$4.70B | USD | Point-in-time |
| Liability for loans eligible for repurchase |
LiabilityForLoansEligibleForRepurchase
|
$4.56B | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$32.42M | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$43.52M | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$42.79M | USD | Point-in-time |
| Liability for losses under representations and warranties |
RepresentationsAndWarrantiesLiability
|
$31.10M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$16.65B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$13.35B | USD | Point-in-time |
| Commitments and contingencies - Note 16 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies - Note 16 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.45B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.47B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.44B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.45B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$20.10B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$16.82B | USD | Point-in-time |
Income Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$298.46M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$104.39M | USD | 1 Quarter |
| Loan origination fees |
LoanOriginationsFees
|
$31.39M | USD | 1 Quarter |
| Loan origination fees |
LoanOriginationsFees
|
$67.86M | USD | 1 Quarter |
| Fulfillment fees from PennyMac Mortgage Investment Trust |
LoanFulfillmentFeesReceivableFromAffiliate
|
$11.92M | USD | 1 Quarter |
| Fulfillment fees from PennyMac Mortgage Investment Trust |
LoanFulfillmentFeesReceivableFromAffiliate
|
$16.75M | USD | 1 Quarter |
| Loan servicing fees |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$338.06M | USD | 1 Quarter |
| Loan servicing fees |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$291.26M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and mortgage servicing liabilities |
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
$236.45M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and mortgage servicing liabilities |
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
$-212.91M | USD | 1 Quarter |
| Mortgage servicing rights hedging results |
DerivativeGainLossOnDerivativeNet
|
$47.23M | USD | 1 Quarter |
| Mortgage servicing rights hedging results |
DerivativeGainLossOnDerivativeNet
|
$-217.86M | USD | 1 Quarter |
| Change in fair value of excess servicing spread financing payable to PennyMac Mortgage Investment Trust |
MortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$189.22M | USD | 1 Quarter |
| Change in fair value of excess servicing spread financing payable to PennyMac Mortgage Investment Trust |
MortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$4.95M | USD | 1 Quarter |
| Net loan servicing fees |
ServicingFeeNet
|
$286.31M | USD | 1 Quarter |
| Net loan servicing fees |
ServicingFeeNet
|
$148.84M | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
$128.48M | USD | 1 Quarter |
| Interest income |
InterestIncomeOperating
|
$53.88M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$77.31M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$131.77M | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-23.43M | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-3.29M | USD | 1 Quarter |
| Management fees from PennyMac Mortgage Investment Trust |
ManagementFeeRevenue
|
$7.26M | USD | 1 Quarter |
| Management fees from PennyMac Mortgage Investment Trust |
ManagementFeeRevenue
|
$8.12M | USD | 1 Quarter |
| Change in fair value of investment in and dividends received from PennyMac Mortgage Investment Trust |
InvestmentsInAndAdvancesToAffiliatesChangeInFairValueOfInvestmentInAndDividendsReceived
|
$2.00K | USD | 1 Quarter |
| Change in fair value of investment in and dividends received from PennyMac Mortgage Investment Trust |
InvestmentsInAndAdvancesToAffiliatesChangeInFairValueOfInvestmentInAndDividendsReceived
|
$26.00K | USD | 1 Quarter |
| Results of real estate acquired in settlement of loans |
GainsLossesOnSalesOfOtherRealEstate
|
$142.00K | USD | 1 Quarter |
| Results of real estate acquired in settlement of loans |
GainsLossesOnSalesOfOtherRealEstate
|
$543.00K | USD | 1 Quarter |
| Other |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.19M | USD | 1 Quarter |
| Other |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$2.89M | USD | 1 Quarter |
| Total net revenues |
RevenuesNetOfInterestExpense
|
$302.86M | USD | 1 Quarter |
| Total net revenues |
RevenuesNetOfInterestExpense
|
$657.50M | USD | 1 Quarter |
| Compensation |
LaborAndRelatedExpense
|
$147.94M | USD | 1 Quarter |
| Compensation |
LaborAndRelatedExpense
|
$245.55M | USD | 1 Quarter |
| Technology |
CommunicationsAndInformationTechnology
|
$34.79M | USD | 1 Quarter |
| Technology |
CommunicationsAndInformationTechnology
|
$36.04M | USD | 1 Quarter |
| Loan origination |
LoanProcessingFee
|
$75.33M | USD | 1 Quarter |
| Loan origination |
LoanProcessingFee
|
$27.09M | USD | 1 Quarter |
| Professional services |
ProfessionalFees
|
$21.01M | USD | 1 Quarter |
| Professional services |
ProfessionalFees
|
$20.10M | USD | 1 Quarter |
| Servicing |
MortgageLoanCollectionAndLiquidationExpenses
|
$-1.25M | USD | 1 Quarter |
| Servicing |
MortgageLoanCollectionAndLiquidationExpenses
|
$12.63M | USD | 1 Quarter |
| Occupancy and equipment |
OccupancyAndEquipment
|
$9.47M | USD | 1 Quarter |
| Occupancy and equipment |
OccupancyAndEquipment
|
$8.82M | USD | 1 Quarter |
| Marketing and advertising |
MarketingExpense
|
$22.40M | USD | 1 Quarter |
| Marketing and advertising |
MarketingExpense
|
$3.24M | USD | 1 Quarter |
| Other |
OtherExpenses
|
$7.96M | USD | 1 Quarter |
| Other |
OtherExpenses
|
$16.59M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$264.71M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$422.98M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$234.52M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$38.15M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$7.77M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$60.93M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$173.59M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$30.38M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$3.11 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.61 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.94 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.57 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
50.15M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
55.83M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
53.35M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
59.13M | shares | 1 Quarter |
Cash Flow Statement
115 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$30.38M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$173.59M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$298.46M | USD | 1 Quarter |
| Net gains on loans held for sale at fair value |
GainLossOnSalesOfLoansNet
|
$104.39M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and mortgage servicing liabilities |
NonCashMortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$-212.91M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights and mortgage servicing liabilities |
NonCashMortgageServicingRightsMSRAmortizationImpairmentFairValueChange
|
$236.45M | USD | 1 Quarter |
| Mortgage servicing rights hedging results |
DerivativeGainLossOnDerivativeNet
|
$47.23M | USD | 1 Quarter |
| Mortgage servicing rights hedging results |
DerivativeGainLossOnDerivativeNet
|
$-217.86M | USD | 1 Quarter |
| Capitalization of interest on loans held for sale |
CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue
|
$223.00K | USD | 1 Quarter |
| Capitalization of interest on loans held for sale |
CapitalizationOfInterestOnMortgageLoansHeldForSaleAtFairValue
|
$1.93M | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$5.12M | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$4.71M | USD | 1 Quarter |
| Change in fair value of investment in common shares of PennyMac Mortgage Investment Trust |
InvestmentsInAndAdvancesToAffiliatesChangeInFairValueOfInvestment
|
$-4.00K | USD | 1 Quarter |
| Change in fair value of investment in common shares of PennyMac Mortgage Investment Trust |
InvestmentsInAndAdvancesToAffiliatesChangeInFairValueOfInvestment
|
$-33.00K | USD | 1 Quarter |
| Results of real estate acquired in settlement in loans |
GainsLossesOnSalesOfOtherRealEstate
|
$142.00K | USD | 1 Quarter |
| Results of real estate acquired in settlement in loans |
GainsLossesOnSalesOfOtherRealEstate
|
$543.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$9.28M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$11.65M | USD | 1 Quarter |
| Reversal of provision for servicing advance losses |
ProvisionForServicingAdvanceLosses
|
$-30.73M | USD | 1 Quarter |
| Reversal of provision for servicing advance losses |
ProvisionForServicingAdvanceLosses
|
$-3.08M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.01M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$12.71M | USD | 1 Quarter |
| Amortization of operating lease right-of-use assets |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$5.05M | USD | 1 Quarter |
| Amortization of operating lease right-of-use assets |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$3.78M | USD | 1 Quarter |
| Purchase of loans held for sale from PennyMac Mortgage Investment Trust |
PaymentsToPurchaseLoansHeldForSaleAffiliates
|
$13.45B | USD | 1 Quarter |
| Purchase of loans held for sale from PennyMac Mortgage Investment Trust |
PaymentsToPurchaseLoansHeldForSaleAffiliates
|
$13.16B | USD | 1 Quarter |
| Origination of loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$2.19B | USD | 1 Quarter |
| Origination of loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$10.07B | USD | 1 Quarter |
| Purchase of loans held for sale from non-affiliates |
PaymentsToPurchaseLoansHeldForSaleFromNonaffiliates
|
$404.96M | USD | 1 Quarter |
| Purchase of loans held for sale from non-affiliates |
PaymentsToPurchaseLoansHeldForSaleFromNonaffiliates
|
$628.77M | USD | 1 Quarter |
| Purchase of loans from Ginnie Mae securities and early buyout investors |
PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies
|
$3.19B | USD | 1 Quarter |
| Purchase of loans from Ginnie Mae securities and early buyout investors |
PaymentsForPurchaseOfModifiedMortgageLoansHeldForSaleFromAgencies
|
$714.11M | USD | 1 Quarter |
| Sale to non-affiliates and principal payment of loans held for sale |
ProceedsFromSaleOfLoansHeldForSaleNonAffiliates
|
$13.39B | USD | 1 Quarter |
| Sale to non-affiliates and principal payment of loans held for sale |
ProceedsFromSaleOfLoansHeldForSaleNonAffiliates
|
$31.27B | USD | 1 Quarter |
| Sale of loans held for sale to PennyMac Mortgage Investment Trust |
ProceedFromSaleOfMortgageLoansHeldForSale
|
$259.04M | USD | 1 Quarter |
| Repurchase of loans subject to representations and warranties |
PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties
|
$17.09M | USD | 1 Quarter |
| Repurchase of loans subject to representations and warranties |
PaymentForRepurchaseOfLoansSubjectToRepresentationsAndWarranties
|
$10.46M | USD | 1 Quarter |
| Decrease in servicing advances |
IncreaseDecreaseInServicingAdvances
|
$-138.02M | USD | 1 Quarter |
| Decrease in servicing advances |
IncreaseDecreaseInServicingAdvances
|
$-82.44M | USD | 1 Quarter |
| Decrease in receivable from PennyMac Mortgage Investment Trust |
IncreaseDecreaseDueFromAffiliates
|
$-1.87M | USD | 1 Quarter |
| Decrease in receivable from PennyMac Mortgage Investment Trust |
IncreaseDecreaseDueFromAffiliates
|
$-12.10M | USD | 1 Quarter |
| Sale of real estate acquired in settlement of loans |
ProceedsFromSaleOfRealEstate
|
$4.42M | USD | 1 Quarter |
| Sale of real estate acquired in settlement of loans |
ProceedsFromSaleOfRealEstate
|
$7.53M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-15.00M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$64.78M | USD | 1 Quarter |
| Decrease in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-43.77M | USD | 1 Quarter |
| Decrease in accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-501.00K | USD | 1 Quarter |
| Decrease in operating lease liabilities |
IncreaseDecreaseInOperatingLeaseLiability
|
$-4.91M | USD | 1 Quarter |
| Decrease in operating lease liabilities |
IncreaseDecreaseInOperatingLeaseLiability
|
$-3.69M | USD | 1 Quarter |
| Decrease in payable to PennyMac Mortgage Investment Trust |
IncreaseDecreaseInDueToAffiliates
|
$-62.93M | USD | 1 Quarter |
| Decrease in payable to PennyMac Mortgage Investment Trust |
IncreaseDecreaseInDueToAffiliates
|
$-76.81M | USD | 1 Quarter |
| Increase in income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$60.61M | USD | 1 Quarter |
| Increase in income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$8.18M | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.26B | USD | 1 Quarter |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.43B | USD | 1 Quarter |
| Decrease (increase) in short-term investment |
PaymentsForProceedsFromShortTermInvestments
|
$-8.61M | USD | 1 Quarter |
| Decrease (increase) in short-term investment |
PaymentsForProceedsFromShortTermInvestments
|
$71.13M | USD | 1 Quarter |
| Net settlement of derivative financial instruments used for hedging of mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$-78.44M | USD | 1 Quarter |
| Net settlement of derivative financial instruments used for hedging of mortgage servicing rights |
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
$287.74M | USD | 1 Quarter |
| Sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$232.00K | USD | 1 Quarter |
| Acquisition of capitalized software |
PaymentsToAcquireSoftware
|
$19.43M | USD | 1 Quarter |
| Acquisition of capitalized software |
PaymentsToAcquireSoftware
|
$10.59M | USD | 1 Quarter |
| Purchase of furniture, fixtures, equipment and leasehold improvements |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.58M | USD | 1 Quarter |
| Purchase of furniture, fixtures, equipment and leasehold improvements |
PaymentsToAcquirePropertyPlantAndEquipment
|
$173.00K | USD | 1 Quarter |
| (Increase) decrease in margin deposits |
IncreaseDecreaseInMarginDepositsOutstandingInvestingActivities
|
$-213.47M | USD | 1 Quarter |
| (Increase) decrease in margin deposits |
IncreaseDecreaseInMarginDepositsOutstandingInvestingActivities
|
$97.45M | USD | 1 Quarter |
| Net cash used in by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-167.41M | USD | 1 Quarter |
| Net cash used in by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-20.93M | USD | 1 Quarter |
| Sale of assets under agreements to repurchase |
SaleOfAssetsUnderAgreementsToRepurchase
|
$16.71B | USD | 1 Quarter |
| Sale of assets under agreements to repurchase |
SaleOfAssetsUnderAgreementsToRepurchase
|
$24.93B | USD | 1 Quarter |
| Repurchase of assets sold under agreements to repurchase |
RepurchaseOfAssetsSoldUnderAgreementsToRepurchase
|
$13.95B | USD | 1 Quarter |
| Repurchase of assets sold under agreements to repurchase |
RepurchaseOfAssetsSoldUnderAgreementsToRepurchase
|
$28.89B | USD | 1 Quarter |
| Issuance of mortgage loan participation purchase and sale certificates |
IssuanceOfMortgageLoanParticipationCertificates
|
$-5.34B | USD | 1 Quarter |
| Issuance of mortgage loan participation purchase and sale certificates |
IssuanceOfMortgageLoanParticipationCertificates
|
$-4.17B | USD | 1 Quarter |
| Repayment of mortgage loan participation purchase and sale certificates |
RepaymentOfMortgageLoanParticipationCertificates
|
$5.32B | USD | 1 Quarter |
| Repayment of mortgage loan participation purchase and sale certificates |
RepaymentOfMortgageLoanParticipationCertificates
|
$3.94B | USD | 1 Quarter |
| Issuance of notes payable secured by mortgage servicing assets |
ProceedsFromNotesPayable
|
$680.00M | USD | 1 Quarter |
| Repayment of notes payable secured by mortgage servicing assets |
RepaymentsOfNotesPayable
|
$150.00M | USD | 1 Quarter |
| Repayment of obligations under capital lease |
FinanceLeasePrincipalPayments
|
$2.09M | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$5.34M | USD | 1 Quarter |
| Payment of debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$2.41M | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options |
ProceedsFromStockOptionsExercised
|
$4.34M | USD | 1 Quarter |
| Issuance of common stock pursuant to exercise of stock options |
ProceedsFromStockOptionsExercised
|
$976.00K | USD | 1 Quarter |
| Payment of withholding taxes relating to stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$7.78M | USD | 1 Quarter |
| Payment of withholding taxes relating to stock-based compensation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$9.14M | USD | 1 Quarter |
| Payment of dividend to holders of common stock |
PaymentsOfDividendsCommonStock
|
$11.43M | USD | 1 Quarter |
| Payment of dividend to holders of common stock |
PaymentsOfDividendsCommonStock
|
$10.78M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$141.41M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$45.36M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$3.46B | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.11B | USD | 1 Quarter |
| Net increase in cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$149.72M | USD | 1 Quarter |
| Net increase in cash and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$169.37M | USD | 1 Quarter |
| Cash and restricted cash at beginning of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.50B | USD | Point-in-time |
| Cash and restricted cash at beginning of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.33B | USD | Point-in-time |
| Cash and restricted cash at beginning of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$340.09M | USD | Point-in-time |
| Cash and restricted cash at beginning of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$489.82M | USD | Point-in-time |
| Cash and restricted cash at end of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.50B | USD | Point-in-time |
| Cash and restricted cash at end of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.33B | USD | Point-in-time |
| Cash and restricted cash at end of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$340.09M | USD | Point-in-time |
| Cash and restricted cash at end of quarter |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$489.82M | USD | Point-in-time |
| Cash |
Cash
|
$1.50B | USD | Point-in-time |
| Cash |
Cash
|
$489.80M | USD | Point-in-time |
| Cash |
Cash
|
$1.33B | USD | Point-in-time |
| Restricted cash included in Other assets |
RestrictedCash
|
$19.00K | USD | Point-in-time |
| Restricted cash included in Other assets |
RestrictedCash
|
$3.00K | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$82.31M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$129.79M | USD | 1 Quarter |
| Cash (refunds received) paid for income taxes, net |
IncomeTaxesPaidNet
|
$316.00K | USD | 1 Quarter |
| Cash (refunds received) paid for income taxes, net |
IncomeTaxesPaidNet
|
$-415.00K | USD | 1 Quarter |
| Mortgage servicing rights resulting from loan sales |
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
|
$616.30M | USD | 1 Quarter |
| Mortgage servicing rights resulting from loan sales |
ReceiptOfMortgageServicingRightsAsProceedsFromSalesOfLoans
|
$286.53M | USD | 1 Quarter |
| Operating right-of-use assets recognized |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$1.73M | USD | 1 Quarter |
| Issuance of common stock in settlement of directors' fees |
CommonStockIssuedDuringPeriodValueIssuedForServices
|
$51.00K | USD | 1 Quarter |
| Issuance of common stock in settlement of directors' fees |
CommonStockIssuedDuringPeriodValueIssuedForServices
|
$51.00K | USD | 1 Quarter |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
| Common Stock dividends (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.44B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.45B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$173.59M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$30.38M | USD | 1 Quarter |
| Stock based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$2.47M | USD | 1 Quarter |
| Stock based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$6.85M | USD | 1 Quarter |
| Issuance of common stock in settlement of directors' fees |
CommonStockIssuedDuringPeriodValueIssuedForServices
|
$51.00K | USD | 1 Quarter |
| Issuance of common stock in settlement of directors' fees |
CommonStockIssuedDuringPeriodValueIssuedForServices
|
$51.00K | USD | 1 Quarter |
| Common stock dividends |
DividendsCommonStock
|
$11.43M | USD | 1 Quarter |
| Common stock dividends |
DividendsCommonStock
|
$10.78M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$141.41M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedAndRetiredDuringPeriodValue
|
$45.36M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.44B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.45B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.