PennyMac Mortgage Investment Trust reports third-quarter 2026 net loss of $35.8 million
PMT•PennyMac Mortgage Investment Trust reported a third-quarter 2026 net loss attributable to common shareholders of $35.8 million and book value per share of $14.03. It raised its share repurchase authorization by $130 million to more than $200 million, and expects to reduce its fourth-quarter common dividend to maximize book value accretion.
1. Quarterly results and capital
PennyMac Mortgage Investment Trust reported a third-quarter 2026 net loss attributable to common shareholders of $35.8 million. Book value per share stood at $14.03, and the common dividend was $0.40 per share. The board increased share repurchase authorization by $130 million, bringing available capacity to more than $200 million.
2. Servicing sales and dividend
Closed and committed mortgage servicing rights portfolio sales totaled approximately $35 billion in unpaid principal balance in 2026. The company expects to reduce its fourth-quarter 2026 common dividend to maximize book value accretion.
