PennyMac Mortgage Investment Trust 2Q26 net income attributable to common shareholders rises to $20.5 million; diluted EPS climbs to $0.23
PMT•Strategy pretax income and hedges
Pretax income totaled $11.2 million in credit-sensitive strategies and $9 million in interest rate-sensitive strategies, with interest rate hedges posting a $32.8 million loss.
Aggregation, securitization and investment activity
Aggregation and securitization pretax income was $11.1 million as the firm acquired $2.6 billion of correspondent-loan UPB and $2.2 billion from PFSI production.
During the quarter it created $120 million of retained credit investments and $31 million of new MSR investments, while electing in June to stop acquiring Agency-eligible conventional correspondent loans.
2Q26 earnings and book value
PennyMac Mortgage Investment Trust posted 2Q26 net income attributable to common shareholders of $20.5 million, or diluted EPS of $0.23.
Book value per common share was $14.83, while the quarterly dividend was $0.40 per share.
