ValueQ3, 24Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25TTMSelling/general/admin expenses70.43 M53.71 M69.75 M70.54 M78.86 M63.79 M282.95 MResearch & development———————Operating income-319.46 M-348.33 M-315.28 M-358.34 M-405.96 M-414.86 M-1.49 BNon-Operating Income, Total269 K-4 000225 K47 K981 K2.21 M3.46 MInterest expense, net of interest capitalized217.6 M228.11 M208.08 M239.58 M249.9 M263 M960.55 MNon-Operating Income, excl. Interest Expenses-217.33 M-228.12 M-207.86 M-239.53 M-248.92 M-260.79 M-957.09 MUnusual income/expense———————Pretax income93.92 M129.36 M104.2 M76.44 M236.37 M134.41 M551.42 MEquity in earnings———————Taxes24.56 M24.88 M27.92 M60.02 M54.87 M-92.47 M50.34 MNon-controlling/minority interest———————After tax other income/expense———————Net income before discontinued operations69.37 M104.49 M76.28 M136.46 M181.5 M106.83 M501.08 MDiscontinued operations———————Net income69.37 M104.49 M76.28 M136.46 M181.5 M106.83 M501.08 MDilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders69.37 M104.49 M76.28 M136.46 M181.5 M106.83 M501.08 MBasic earnings per share (Basic EPS)1.362.041.482.643.512.069.69Diluted earnings per share (Diluted EPS)1.31.951.422.543.371.979.3Average basic shares outstanding51.18 M50.99 M51.51 M51.67 M51.73 M51.73 M206.63 MDiluted shares outstanding53.49 M53.36 M53.62 M53.63 M53.88 M53.88 M215.02 MEBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)13.76 M13.82 M13.9 M14.73 M12.96 M12.81 M54.39 M
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.