PennyMac Financial Services (PFSI) Revenue & Revenue Breakdown

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PennyMac Financial Services Revenue Highlights

Latest Revenue (Y)

$1.59B

Latest Revenue (Q)

$411.83M

Main Segment (Y)

Mortgage banking Production

PennyMac Financial Services Revenue by Period

PennyMac Financial Services Revenue by Year

Date	Revenue	Change
2024-12-31	$1.59B	-21.84%
2023-12-31	$2.04B	3.67%
2022-12-31	$1.97B	-50.52%
2021-12-31	$3.98B	-27.13%
2020-12-31	$5.45B	222.96%
2019-12-31	$1.69B	49.61%
2018-12-31	$1.13B	2.64%
2017-12-31	$1.10B	5.97%
2016-12-31	$1.04B	32.74%
2015-12-31	$781.88M	40.74%
2014-12-31	$555.53M	37.77%
2013-12-31	$403.23M	47.72%
2012-12-31	$272.96M	256.08%
2011-12-31	$76.66M	10.73%
2010-12-31	$69.23M	-

PennyMac Financial Services generated $1.59B in revenue during NA 2024, up -21.84% compared to the previous quarter, and up 94.36% compared to the same period a year ago.

PennyMac Financial Services Revenue by Quarter

Date	Revenue	Change
2024-09-30	$411.83M	-55.74%
2024-06-30	$930.49M	5.09%
2024-03-31	$885.41M	14.60%
2023-12-31	$772.61M	129.89%
2023-09-30	$336.07M	-41.09%
2023-06-30	$570.45M	-15.00%
2023-03-31	$671.08M	31.40%
2022-12-31	$510.72M	10.11%
2022-09-30	$463.84M	-20.39%
2022-06-30	$582.64M	-20.71%
2022-03-31	$734.81M	-21.75%
2021-12-31	$939.09M	-8.39%
2021-09-30	$1.03B	21.37%
2021-06-30	$844.54M	-19.72%
2021-03-31	$1.05B	-16.69%
2020-12-31	$1.26B	-3.43%
2020-09-30	$1.31B	49.55%
2020-06-30	$874.30M	11.49%
2020-03-31	$784.19M	41.18%
2019-12-31	$555.47M	27.32%
2019-09-30	$436.28M	22.63%
2019-06-30	$355.78M	24.81%
2019-03-31	$285.06M	-0.94%
2018-12-31	$287.75M	-0.67%
2018-09-30	$289.70M	4.62%
2018-06-30	$276.91M	0.72%
2018-03-31	$274.95M	-17.77%
2017-12-31	$334.37M	14.07%
2017-09-30	$293.13M	22.85%
2017-06-30	$238.60M	1.99%
2017-03-31	$233.95M	-27.22%
2016-12-31	$321.43M	0.79%
2016-09-30	$318.91M	36.71%
2016-06-30	$233.27M	41.90%
2016-03-31	$164.39M	-19.05%
2015-12-31	$203.07M	-3.37%
2015-09-30	$210.15M	-1.20%
2015-06-30	$212.70M	39.80%
2015-03-31	$152.14M	-0.01%
2014-12-31	$152.15M	-0.12%
2014-09-30	$152.34M	9.46%
2014-06-30	$139.17M	24.39%
2014-03-31	$111.88M	17.26%
2013-12-31	$95.41M	4.44%
2013-09-30	$91.35M	-17.54%
2013-06-30	$110.78M	4.81%
2013-03-31	$105.70M	-6.60%
2012-12-31	$113.17M	44.58%
2012-09-30	$78.27M	83.88%
2012-06-30	$42.57M	9.29%
2012-03-31	$38.95M	-

PennyMac Financial Services generated $411.83M in revenue during Q3 2024, up -55.74% compared to the previous quarter, and up 72.20% compared to the same period a year ago.

PennyMac Financial Services Revenue Breakdown

PennyMac Financial Services Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Mortgage banking Production	$941.70M	$643.03M	$865.18M	$2.31B	-
Mortgage banking Servicing	$595.36M	$721.39M	$1.08B	$817.29M	-
Mortgage banking	-	$1.36B	$1.95B	$3.12B	-
Investment management	-	$37.23M	$40.08M	$43.30M	-
Mortgage Banking Lending Sector	-	-	-	-	$2.82B
Mortgage Banking Servicing Sector	-	-	-	-	$840.76M
Mortgages Banking	-	-	-	-	$3.67B
Investment Management	-	-	-	-	$39.84M

PennyMac Financial Services's latest annual revenue breakdown by segment (product or service), as of Dec 24: Mortgage banking Production (61.27%), and Mortgage banking Servicing (38.73%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Mortgage banking Production	$259.13M	$295.34M	$202.56M	$184.67M	$350.89M	$170.62M	$121.52M	$131.59M	$199.46M	$223.24M	$310.89M	$427.70M	-	-	-	-	-	-	-	-
Mortgage banking Servicing	$182.40M	$107.14M	$194.22M	$111.60M	$392.89M	$156.43M	$172.07M	$198.97M	$266.48M	$278.58M	$336.47M	$255.66M	-	-	-	-	-	-	-	-
Mortgage banking	-	$402.48M	$396.79M	$296.27M	$743.79M	$327.05M	$293.59M	$330.56M	$465.94M	$501.82M	$647.36M	$683.35M	-	-	-	-	-	-	-	-
Investment management	-	$9.35M	$16.47M	$9.39M	$18.46M	$9.50M	$9.27M	$9.89M	$10.35M	$9.69M	$10.15M	$10.46M	-	-	-	-	-	-	-	-
Investment Management	-	-	-	-	-	-	-	-	-	-	-	-	$9.76M	$13.50M	$9.59M	$9.66M	$9.79M	$10.53M	$9.85M	$11.75M
Mortgages Banking	-	-	-	-	-	-	-	-	-	-	-	-	$776.86M	$728.75M	$935.10M	$1.03B	$1.11B	-	-	-
Mortgage Banking Servicing Sector	-	-	-	-	-	-	-	-	-	-	-	-	$136.83M	$162.60M	$262.21M	$207.57M	$271.10M	$72.69M	$289.41M	$125.46M
Mortgage Banking Lending Sector	-	-	-	-	-	-	-	-	-	-	-	-	$640.03M	$566.15M	$672.89M	$824.92M	$839.10M	$738.41M	$422.56M	$353.16M
Mortgage Banking	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$811.10M	$711.97M	$478.62M

PennyMac Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Mortgage banking Production (58.69%), and Mortgage banking Servicing (41.31%).

PennyMac Financial Services Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GHI	Greystone Housing Impact Investors LP	$91.27B	$24.72M
PFSI	PennyMac Financial Services	$1.59B	$411.83M
ECPG	Encore Capital Group	$1.32B	$340.79M
GHLD	Guild	$1.05B	$159.26M
CNF	CNFinance	$844.57M	$176.70M
SNFCA	Security National Financial	$318.50M	$88.27M

PFSI Revenue FAQ

What is PennyMac Financial Services’s yearly revenue?

PennyMac Financial Services's yearly revenue for 2024 was $1.59B, representing a decrease of -21.84% compared to 2023. The company's yearly revenue for 2023 was $2.04B, representing an increase of 3.67% compared to 2022. PFSI's yearly revenue for 2022 was $1.97B, representing a decrease of -50.52% compared to 2021.

What is PennyMac Financial Services’s quarterly revenue?

PennyMac Financial Services's quarterly revenue for Q3 2024 was $411.83M, a -55.74% decrease from the previous quarter (Q2 2024), and a 22.54% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $930.49M, a 5.09% increase from the previous quarter (Q1 2024), and a 63.12% increase year-over-year (Q2 2023). PFSI's quarterly revenue for Q1 2024 was $885.41M, a 14.60% increase from the previous quarter (Q4 2023), and a 31.94% increase year-over-year (Q1 2023).

What is PennyMac Financial Services’s revenue growth rate?

PennyMac Financial Services's revenue growth rate for the last 3 years (2022-2024) was -18.98%, and for the last 5 years (2020-2024) was -70.78%.

What are PennyMac Financial Services’s revenue streams?

PennyMac Financial Services's revenue streams in c 24 are Mortgage banking Production, and Mortgage banking Servicing. Mortgage banking Production generated $941.7M in revenue, accounting 61.27% of the company's total revenue, up 46.45% year-over-year. Mortgage banking Servicing generated $595.36M in revenue, accounting 38.73% of the company's total revenue, down -17.47% year-over-year.

What is PennyMac Financial Services’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of PennyMac Financial Services was Mortgage banking Production. This segment made a revenue of $941.7M, representing 61.27% of the company's total revenue.