Revenue: As of FY2025, the actual value is USD 307.46 M.EPS: As of FY2025, the actual value is USD 0.99.EBIT: As of FY2025, the actual value is USD 113.3 M.<h4>Net Income</h4>Net income attributable to common shareholders was $42 million for the fourth quarter of 2025 (4Q25).<h4>Segment Performance (4Q25)</h4><ul><li>Credit Sensitive Strategies<ul><li>Pretax income was $24 million.</li><li>Pretax income excluding market-driven value changes was $11 million.</li><li>Net new investments in credit sub-bonds or organically-created Credit Risk Transfer (CRT) from PennyMac Mortgage Investment Trust securitizations totaled $184 million.</li><li>Fair value of investments was $1.0 billion.</li></ul></li><li>Interest Rate Sensitive Strategies<ul><li>Pretax income was $28 million.</li><li>Pretax income excluding market-driven value changes was $21 million.</li><li>New investments in Mortgage Servicing Rights (MSR) amounted to $53 million.</li><li>Fair value of MSR investments was $3.6 billion.</li></ul></li><li>Correspondent Production<ul><li>Pretax loss was - $1 million.</li><li>Unpaid Principal Balance (UPB) of loans acquired from PFSI was $1.8 billion.</li></ul></li></ul><h4>Other Key Financials (4Q25)</h4><ul><li>Annualized return on average common equity was 13%.</li><li>Book value per share was $15.25.</li><li>Dividend per common share was $0.40.</li><li>Total income was $52.4 million, with income excluding market-driven value changes at $30.9 million.</li><li>Net income attributable to common shareholders of $41.9 million resulted in an annualized return on equity (ROE) of 13%.</li></ul><h4>Operational Metrics</h4><ul><li>PennyMac Mortgage Investment Trust was a Top 3 2025 Issuer of prime Non-Agency Mortgage-Backed Securities (MBS) in 2025.</li><li>2024 Securitization Volume (UPB) was $876 million.</li><li>2025 Sales of opportunistic investments in Government-Sponsored Enterprises (GSE)-issued CRT investments were $195 million.</li><li>In 4Q25, PennyMac Mortgage Investment Trust purchased 17% of total conventional conforming correspondent loan volume and 100% of non-Agency eligible correspondent loan volume through its fulfillment agreement with PFSI.</li><li>MSR assets were $3.6 billion as of December 31, 2025, which was a slight decrease from September 30, 2025.</li><li>The fair value of organically-created GSE CRT investments was down from September 30, 2025, due to runoff.</li><li>Overall mortgage delinquency rates increased slightly from the prior quarter.</li><li>Servicing advances outstanding for PennyMac Mortgage Investment Trust’s MSR portfolio increased to approximately $97 million at December 31, 2025, from $62 million at September 30, 2025.</li></ul><h4>Outlook / Guidance</h4>PennyMac Mortgage Investment Trust anticipates completing approximately 30 securitizations in 2026, targeting low-to-mid teens returns on equity for retained investments. For the first quarter of 2026, the company expects to purchase 15-25% of conventional conforming loan volume and 100% of non-Agency eligible loan volume. Furthermore, increased investment in accretive Non-Agency subordinate and senior bonds, primarily through organic securitization activity, is expected.

PennyMac Mortgage Investment Trust | 8-K: FY2025 Revenue: USD 307.46 M