<span item_type="fundamental" item_id="eb213204210a33b8baa596a4b5e51698" counter_id="ST/US/PMTV" env="prod"></span><span item_type="announcement" item_id="544019596629704833" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD -0.04.</p><p>EBIT: As of FY2025 Q2, the actual value is USD 17.01 M.</p><p></p><h3>Credit Sensitive Strategies</h3><ul><li><strong>Net Gains (Losses) on Investments and Financings</strong>: For the quarter ended June 30, 2025, net gains were $33,680 thousand compared to net losses of - $19,743 thousand for the same period in 2024. For the six months ended June 30, 2025, net gains were $95,993 thousand compared to $20,010 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li><li><strong>Net Gains on Loans Acquired for Sale</strong>: From nonaffiliates, net gains were $15,148 thousand for the quarter ended June 30, 2025, compared to $10,110 thousand in 2024. From PennyMac Financial Services, Inc., net gains were $2,658 thousand compared to $2,050 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li></ul><h3>Interest Rate Sensitive Strategies</h3><ul><li><strong>Net Loan Servicing Fees</strong>: Contractually specified fees from nonaffiliates were $153,111 thousand for the quarter ended June 30, 2025, compared to $162,127 thousand in 2024. Other fees were $5,127 thousand compared to $2,815 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li><li><strong>Change in Fair Value of Mortgage Servicing Rights</strong>: The change was - $75,128 thousand for the quarter ended June 30, 2025, compared to - $50,556 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li></ul><h3>Correspondent Production</h3><ul><li><strong>Loan Origination Fees</strong>: Fees were $3,385 thousand for the quarter ended June 30, 2025, compared to $2,451 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2025, net cash used was - $2,609,863 thousand compared to - $98,571 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li><li><strong>Net Cash Provided by Investing Activities</strong>: For the six months ended June 30, 2025, net cash provided was $313,144 thousand compared to $763,481 thousand in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Outlook</strong>: The company anticipates changes in interest rates and macroeconomic conditions could impact future results. It plans to focus on maintaining compliance with laws and regulations, managing credit risks, and optimizing investment opportunities in mortgage loans and related assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1464423/000095017025100375/pmt-20250630.htm"></span></li></ul>

PennyMac Mortgage Investment Trust | 10-Q: FY2025 Q2 EPS: USD -0.04