Recent Updates — PMT

PennyMac Mortgage Investment Trust reported a net loss attributable to common shareholders of $36 million, or $(0.41) per share, for the third quarter ended September 30, 2026. Adjusted net income was $30 million, yielding adjusted earnings per share of $0.35. The company announced leadership changes: Daniel S. Perotti will step down as CFO on December 31, 2026, to remain in an advisory role, while Kevin Ryan will assume the CFO position effective January 1, 2027. Additionally, Doug Jones is retiring from his role as President and Chief Mortgage Banking Officer on June 30, 2027. The Board of Trustees approved a $130 million increase to the common share repurchase authorization, raising total available capacity to over $200 million. PennyMac Mortgage Investment Trust operates in the mortgage real estate investment trust (REIT) sector, investing primarily in residential mortgage loans and mortgage-related assets.

PennyMac Mortgage Investment Trust elected Scott Sauer as a Class III Trustee and a member of the Risk Committee on June 15, 2026. Mr. Sauer will receive an annual base retainer of $105,000, a $7,750 annual committee retainer, and a one-time $130,000 restricted share unit grant. Additionally, the Company held its Annual Meeting of Shareholders on June 16, 2026, where shareholders approved the election of three Class II trustee nominees, ratified Deloitte & Touche LLP as the independent auditor for 2026, and approved executive compensation via a non-binding vote. The Company operates in the real estate finance industry as a mortgage investment trust.