<span item_type="fundamental" item_id="f3c470c8a5ca388c2ef08f2194b4241b" counter_id="ST/US/PMTV" env="prod"></span><span item_type="announcement" item_id="541113374799102081" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD -0.04.</p><p></p><h3>Financial Metrics by Segment</h3><h4>Credit Sensitive Strategies Segment</h4><ul><li><strong>Pretax Income</strong>: $21.8 million</li><li><strong>Net Investment Income</strong>: $21.9 million</li><li><strong>Net Gains on Investments</strong>: $19.8 million</li><li><strong>Net Interest Income</strong>: $2.1 million</li><li><strong>Interest Income</strong>: $21.0 million</li><li><strong>Interest Expense</strong>: $18.8 million</li></ul><h4>Interest Rate Sensitive Strategies Segment</h4><ul><li><strong>Pretax Loss</strong>: - $4.9 million</li><li><strong>Net Investment Income</strong>: $20.7 million</li><li><strong>Net Loan Servicing Fees</strong>: $23.9 million</li><li><strong>Net Gains on Investments</strong>: $13.9 million</li><li><strong>Net Interest Expense</strong>: - $17.1 million</li><li><strong>Interest Income</strong>: $137.5 million</li><li><strong>Interest Expense</strong>: $154.6 million</li><li><strong>Segment Expenses</strong>: $25.6 million</li></ul><h4>Correspondent Production Segment</h4><ul><li><strong>Pretax Income</strong>: $13.7 million</li><li><strong>Segment Revenues</strong>: $26.9 million</li><li><strong>Net Gains on Loans Acquired for Sale</strong>: $17.8 million</li><li><strong>Net Interest Income</strong>: $5.6 million</li><li><strong>Interest Income</strong>: $35.9 million</li><li><strong>Interest Expense</strong>: $30.3 million</li><li><strong>Segment Expenses</strong>: $13.1 million</li></ul><h4>Corporate</h4><ul><li><strong>Corporate Revenues</strong>: $0.7 million</li><li><strong>Corporate Expenses</strong>: $14.4 million</li></ul><h3>Outlook / Guidance</h3><p>PennyMac Mortgage Investment Trust remains confident in its ability to navigate the rapidly changing environment due to its synergistic relationship with its manager and services provider, PFSI, which provides access to best-in-class technology and operational processes. The company expects to acquire all jumbo correspondent production and 15 to 25 percent of total conventional conforming correspondent production in the third quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000119312525162602/d74247dex991.htm"></span></p><h3>Credit Sensitive Strategies</h3><ul><li><strong>Net Pretax Income</strong>: $22 million excluding market-driven value changes.</li><li><strong>Fair Value of Investments</strong>: $1.0 billion in CRT securitizations.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1464423/000119312525162602/d74247dex992.htm"></span></li></ul><h3>Interest Rate Sensitive Strategies</h3><ul><li><strong>Net Pretax Loss</strong>: - $5 million excluding market-driven value changes.</li><li><strong>Fair Value of MSR Investments</strong>: $66 million from PMT securitizations.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1464423/000119312525162602/d74247dex992.htm"></span></li></ul><h3>Correspondent Production</h3><ul><li><strong>Pretax Income</strong>: $14 million.</li><li><strong>Production Volume (UPB)</strong>: $3.1 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1464423/000119312525162602/d74247dex992.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>MSR Assets</strong>: $3.7 billion as of June 30, 2025, with a weighted average coupon of 3.9%.</li><li><strong>Delinquency Rates</strong>: Overall mortgage delinquency rates increased slightly from the prior quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1464423/000119312525162602/d74247dex992.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company expects to continue closing approximately one securitization of NOO loans per month and one securitization of jumbo loans per quarter, enabled by industry-leading capital markets operations.</li><li>PMT anticipates acquiring all jumbo production and 15-25% of total conventional conforming correspondent production in 3Q25.</li><li>The company believes that debt-to-equity excluding non-recourse debt is the best metric to measure leverage and expects this metric to remain stable.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1464423/000119312525162602/d74247dex992.htm"></span></li></ul>

PennyMac Mortgage Investment Trust | 8-K: FY2025 Q2 EPS: USD -0.04