The earnings call highlighted strong financial performance and strategic growth initiatives, particularly in correspondent lending and AI innovation. However, challenges such as lower operating ROE and high hedge costs were noted, suggesting a need for continued focus on cost management and margin improvement.

Company Guidance -

Q3 2025

During PennyMac Financial Services, Inc.'s second quarter 2025 earnings call, the company reported a net income of $136 million, translating to diluted earnings per share of $2.54 and an annualized return on equity (ROE) of 14%. Excluding fair value changes and a nonrecurring tax benefit, the annualized operating ROE was 13%. The company highlighted the resilience of its business model amidst volatility, with an expectation of maintaining mid- to high-teens ROE if interest rates remain between 6.5% and 7.5%. PennyMac is the second largest producer of mortgage loans and the sixth largest servicer, with a servicing portfolio of $700 billion in unpaid principal balance, covering 2.7 million households. The company also emphasized its strategic advantage, driven by a strong correspondent lending position and growing broker direct market share, which is currently at 5% and projected to exceed 10% by the end of 2026. Additionally, PennyMac underscored its focus on artificial intelligence with over 35 AI tools launched or in development, projected to yield an annual economic benefit of approximately $25 million.

Solid Financial Performance

PennyMac Financial Services reported net income of $136 million for the second quarter of 2025, with an annualized return on equity of 14% and diluted earnings per share of $2.54.

Growth in Loan Servicing Portfolio

The company's loan servicing portfolio grew to $700 billion in unpaid principal balance, representing 2.7 million households, maintaining a large and growing customer base.

Significant Market Share in Correspondent Lending

PennyMac achieved an estimated market share of approximately 20% in correspondent lending for the first half of 2025, with correspondent production totaling approximately $100 billion in UPB over the last 12 months.

Innovation in AI and Technology

The company is aggressively advancing its AI capabilities, launching over 35 AI tools and applications with a projected annual economic benefit of approximately $25 million.

Expansion in Broker Direct Channel

The broker direct market share has expanded to approximately 5%, with ambitions to grow to more than 10% by the end of 2026.

PennyMac Financial (PFSI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PFSI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	2.63 / -	1.3	―	―	―
Jul 22, 2025	2025 (Q2)	2.75 / 2.54	1.85	37.30% (+0.69)
Apr 22, 2025	2025 (Q1)	2.63 / 1.42	0.74	91.89% (+0.68)
Jan 30, 2025	2024 (Q4)	3.12 / 1.95	-0.74	363.51% (+2.69)
Oct 22, 2024	2024 (Q3)	2.71 / 1.30	1.77	-26.55% (-0.47)
Jul 23, 2024	2024 (Q2)	2.56 / 1.85	1.11	66.67% (+0.74)
Apr 24, 2024	2024 (Q1)	2.26 / 0.74	0.57	29.82% (+0.17)
Feb 01, 2024	2023 (Q4)	-0.61 / -0.74	0.71	-204.23% (-1.45)
Oct 26, 2023	2023 (Q3)	1.69 / 1.77	2.46	-28.05% (-0.69)
Jul 27, 2023	2023 (Q2)	1.62 / 1.11	2.28	-51.32% (-1.17)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PFSI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 22, 2025	$104.25	$96.56	-7.38%
Apr 22, 2025	$96.11	$93.46	-2.76%
Jan 30, 2025	$114.13	$104.06	-8.82%
Oct 22, 2024	$102.72	$99.13	-3.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does PennyMac Financial (PFSI) report earnings?

PennyMac Financial (PFSI) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is PennyMac Financial (PFSI) earnings time?

PennyMac Financial (PFSI) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PFSI EPS forecast?

PFSI EPS forecast for the fiscal quarter 2025 (Q3) is 2.63.

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