Financials

  • Market Capitalization 4.75 B
  • Employee 4 900
  • Founded 2008
  • CEO David A. Spector
  • Website www.pennymac.com
  • Headquarter Delaware, United States
  • FIGI BBG00LMYX123
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
14.18
Price to sales ratio
126.37
Dividends per share
1.2
Dividend yield %
0.91

PennyMac Financial Services Inc

PennyMac Financial Services, Inc. is an American residential mortgage company headquartered in Westlake Village, California. The company's business focuses on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Pennymac operates through two subsidiaries: PennyMac Loan Services, LLC and PNMAC Capital Management, LLC. The latter manages the PennyMac Mortgage Investment Trust, a mortgage REIT. Pennymac was the third largest mortgage lender, the sixth largest mortgage servicer, and largest aggregator of residential mortgage loans in the U.S. in 2019. The company conducts its business through a consumer-direct model, which relies on the Internet and call center-based staff to acquire and interact with customers across the country. Although its name resembles government-sponsored enterprises like Freddie Mac and Farmer Mac, it has always been a private-sector entity.

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