are you interested in helping the next generation of homeowners fulfill their dream of home? at pennymac, our commitment to our customers doesn’t end at closing. our goal is to be a trusted financial partner that you can count on as long as you own your home. being one of the top direct mortgage lenders in the country means pennymac can focus on the needs of its customers rather than maintaining a network of branches and banking products. we’re working every day to improve the experience of finding the right home loan for our customers’ unique needs and offering competitive rates on a wide range of products. and we’re growing! pennymac has more than doubled in size in recent years and currently serves more than a million happy homeowners. are you ready to be part of our culture of innovation and service? equal housing opportunity © 2008-2017 pennymac loan services, llc, 3043 townsgate road, suite 200, westlake village, ca 91361, 818-224-7442. nmls id # 35953 (www.nmlsconsumeraccess.org
Company profile
Ticker
PFSI
Exchange
Website
CEO
David A. Spector
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
New PennyMac Financial Services, Inc.
SEC CIK
Corporate docs
Subsidiaries
Private National Mortgage Acceptance Company, LLC • PNMAC Capital Management, LLC • PennyMac Loan Services, LLC • PNMAC Holdings, Inc. • PennyMac Products, LLC • Pennymac Properties, LLC • PennyMac Services, Inc. • PennyPantry, LLC • PFSI Funding, LLC • PFSI EBO Series I, LLC ...
IRS number
831098934
PFSI stock data
Latest filings (excl ownership)
8-K
Other Events
18 Mar 24
8-K
Entry into a Material Definitive Agreement
7 Mar 24
8-K
Other Events
5 Feb 24
8-K
PennyMac Financial Services, Inc. Reports Fourth Quarter and Full-Year 2023 Results
1 Feb 24
8-K
Entry into a Material Definitive Agreement
11 Dec 23
8-K
PennyMac Financial Services, Inc. Announces Upsizing and Pricing of Private Offering of $750 Million of Senior Notes
6 Dec 23
8-K
PennyMac Financial Services, Inc. Announces Proposed Private Offering of $650 Million of Senior Notes
6 Dec 23
8-K
INVESTOR UPDATE PennyMac Financial Services, Inc. December 2023
4 Dec 23
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
PennyMac Financial Services, Inc. Reports Third Quarter 2023 Results
26 Oct 23
Transcripts
PFSI
Earnings call transcript
2023 Q4
1 Feb 24
PFSI
Earnings call transcript
2023 Q3
26 Oct 23
PFSI
Earnings call transcript
2023 Q2
27 Jul 23
PFSI
Earnings call transcript
2023 Q1
27 Apr 23
PFSI
Earnings call transcript
2022 Q4
2 Feb 23
PFSI
Earnings call transcript
2022 Q3
27 Oct 22
PFSI
Earnings call transcript
2022 Q2
3 Aug 22
PFSI
Earnings call transcript
2022 Q1
8 May 22
PFSI
Earnings call transcript
2021 Q4
4 Feb 22
PFSI
Earnings call transcript
2021 Q3
7 Nov 21
Latest ownership filings
4
DEREK STARK
26 Mar 24
144
Notice of proposed sale of securities
25 Mar 24
4
William Herbert Chang
20 Mar 24
4
Doug Jones
13 Mar 24
4
DAVID SPECTOR
13 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
James Follette
5 Mar 24
4
JONATHON S JACOBSON
4 Mar 24
4
FARHAD NANJI
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.18 bn | 1.18 bn | 1.18 bn | 1.18 bn | 1.18 bn | 1.18 bn |
Cash burn (monthly) | 118.37 mm | 31.78 mm | (no burn) | (no burn) | 325.31 mm | 126.92 mm |
Cash used (since last report) | 704.83 mm | 189.25 mm | n/a | n/a | 1.94 bn | 755.80 mm |
Cash remaining | 472.47 mm | 988.05 mm | n/a | n/a | -759.86 mm | 421.50 mm |
Runway (months of cash) | 4.0 | 31.1 | n/a | n/a | -2.3 | 3.3 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Derek Stark | Common Stock | Sell | Dispose S | No | No | 89.44 | 5,255 | 470.01 k | 27,084 |
19 Mar 24 | William Herbert Chang | Common Stock | Payment of exercise | Dispose F | No | No | 85.06 | 260 | 22.12 k | 36,937 |
12 Mar 24 | Spector David | Common Stock | Sell | Dispose S | No | No | 85.6709 | 3,326 | 284.94 k | 644,612 |
11 Mar 24 | Spector David | Common Stock | Sell | Dispose S | No | No | 86.0548 | 26,451 | 2.28 mm | 647,938 |
11 Mar 24 | Spector David | Common Stock | Sell | Dispose S | Yes | No | 86.0548 | 10,000 | 860.55 k | 260,604 |
11 Mar 24 | Doug Jones | Common Stock | Sell | Dispose S | No | No | 86.0984 | 17,079 | 1.47 mm | 23,892 |
4 Mar 24 | James Follette | Common Stock | Sell | Dispose S | No | No | 84.6554 | 5,061 | 428.44 k | 10,789 |
News
Yellen Warns Non-Bank Lenders Could Fail As Household Finances Become Stretched
8 Feb 24
PennyMac Financial Servs: Dividend Insights
7 Feb 24
PennyMac Financial Servs Q4 Adj EPS $2.63 Beats $1.49 Estimate, Sales $361.94M Miss $411.45M Estimate
1 Feb 24
Earnings Scheduled For February 1, 2024
1 Feb 24
Earnings Preview For PennyMac Financial Servs
31 Jan 24