PennyMac Financial Services, Inc.PFSI

NYSEFinanceMortgage Bankers & Loan Correspondents
Price (close)
$65.26
Market cap
$3.4B
P/E
8.6x
Revenue (TTM)
$36.3M
Net income
$392.4M
Dividend yield
1.84%
1-year total return
-46.1%
Net margin
1081.2%
Revenue growth
114.1%
Debt / equity
1.46x

What PennyMac Financial Services, Inc. does.

The following description of our business should be read in conjunction with the information included elsewhere in this Report. This description contains forward-looking statements that involve risks and uncertainties. Actual results could differ significantly from the projections and results discussed in the forward-looking statements due to the factors described under the caption “Risk Factors” and elsewhere in this Report. References in this Report to “we,” “our,” “us,” and the “Company” refer to PennyMac Financial Services, Inc. (“PFSI”) and its consolidated subsidiaries.

We are a specialty financial services firm with a comprehensive mortgage platform and integrated business primarily focused on the production and servicing of U.S. residential mortgage loans (activities which we refer to as mortgage banking). We are also engaged in the management of investments related to the U.S. mortgage market and providing products and services that leverage innovative technologies to effectively and efficiently support our customers. We believe that our operating capabilities, specialized expertise, access to long-term investment capital, and experience across all aspects of the mortgage business will allow us to profitably grow these activities over time and capitalize on other related opportunities as they arise.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$6.7M$7.3M$12.4M$13.4M$26.9M$20.1M
Net income$1.6B$1.0B$475.5M$144.7M$311.4M$501.1M
Free cash flow-$6.2B$2.6B$6.0B-$1.6B-$4.5B-$1.7B

More on PFSI.

Figures from PennyMac Financial Services, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.