PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2020 Results
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PennyMac Mortgage Investment Trust (PMT) Tops Q4 EPS by 8c
February 4, 2021 4:36 PM ESTPennyMac Mortgage Investment Trust (NYSE: PMT) reported Q4 EPS of $0.78, $0.08 better than the analyst estimate of $0.70.
Net income attributable to common shareholders of $76.6 million, down from $93.3 million in the prior quarterContinued recovery in the fair value of government-sponsored enterprise (GSE) credit risk transfer (CRT) investments due to credit spread tightening combined with strong Correspondent Production segment resultsBook value per common share of $20.30 at December 31, 2020, up from $19.95 at September 30, 2020PMT delivered strong results in the fourth quarter, said President and CEO David Spector, resulting in book value per share returning... More
