Earnings ·
PennyMac reports Q3 net income of $29M, appoints Kevin Ryan as CFO and declares $0.30 dividend
PFSIPennyMac Financial Services, Inc.
PennyMac Financial Services reported third-quarter 2026 net income of $29 million, or $0.54 diluted EPS, on total net revenues of $469 million. Adjusted net income was $56 million, or $1.05 adjusted diluted EPS, on adjusted net revenues of $502 million. The company announced that Kevin Ryan will assume the role of Chief Financial Officer effective January 1, 2027, succeeding Daniel Perotti who will transition to an advisory role. Additionally, Doug Jones will retire as President and Chief Mortgage Banking Officer on June 30, 2027. The Board declared a quarterly cash dividend of $0.30 per share, payable November 27, 2026, to shareholders of record as of November 16, 2026. PennyMac Financial Services is a national financial services firm focused on the production and servicing of U.S. mortgage loans.