EPS: As of FY2025 Q1, the actual value is USD -0.01.<h3>Credit Sensitive Strategies</h3><ul><li>Net Investment Income: Net gains on investments and financings were $62,313 thousand for the quarter ended March 31, 2025, compared to $39,753 thousand for the same period in 2024.</li><li>Net Gains on Loans Acquired for Sale: From nonaffiliates, net gains were $10,329 thousand in 2025, compared to $12,913 thousand in 2024.</li><li>Net Gains on Credit Risk Transfer Derivatives: Realized gains were $2,803 thousand in 2025, compared to $3,409 thousand in 2024.</li></ul><h3>Interest Rate Sensitive Strategies</h3><ul><li>Net Loan Servicing Fees: Contractually specified fees from nonaffiliates were $152,199 thousand in 2025, compared to $160,357 thousand in 2024.</li><li>Change in Fair Value of Mortgage Servicing Rights: The change was -$144,590 thousand in 2025, compared to -$28,202 thousand in 2024.</li><li>Mortgage Servicing Rights Hedging Results: The results were -$39,944 thousand in 2025, compared to -$89,814 thousand in 2024.</li></ul><h3>Correspondent Production</h3><ul><li>Loan Origination Fees: Fees were $3,152 thousand in 2025, compared to $2,008 thousand in 2024.</li><li>Loan Fulfillment Fees Earned by PLS: Fees were $5,290 thousand in 2025, compared to $4,016 thousand in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: -$594,267 thousand for the quarter ended March 31, 2025, compared to -$342,371 thousand for the same period in 2024.</li><li>Net Cash Provided by Investing Activities: $40,228 thousand in 2025, compared to $770,796 thousand in 2024.</li><li>Net Cash Provided by Financing Activities: $464,286 thousand in 2025, compared to -$582,932 thousand in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue its focus on credit risk transfer arrangements and mortgage servicing rights, with an emphasis on managing interest rate risks and optimizing servicing costs.</li><li>Non-Core Business: The company is exploring opportunities to expand its correspondent production segment, aiming to increase the volume of loans fulfilled by PLS.</li></ul>

PennyMac Mortgage Investment Trust | 10-Q: FY2025 Q1 EPS: USD -0.01