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PennyMac Mortgage Investment Trust (PMT) reported net income attributable to common shareholders of $86.1 million for fiscal year 2025, derived from net investment income of $307.5 million and total expenses of $213.6 million. Key revenue drivers included net mortgage loan servicing fees of $625.5 million, net gains on investments and financings of $213.1 million, and interest income of $850.9 million, partially offset by interest expense of $870.4 million resulting in net interest expense of -$19.5 million. The company maintained a strong balance sheet with total assets of $21.35 billion and shareholders' equity of $1.89 billion, though operating cash flow was negative at -$7.21 billion primarily due to significant loan purchase and sale activities. The forward-looking significance centers on the company's mortgage servicing rights portfolio valued at $3.64 billion and continued investment in mortgage-backed securities and loans.
Net Income
$0.1279B