PennyMac Financial Services (PFSI) Revenue & Revenue Breakdown
PennyMac Financial Services Revenue Highlights
Latest Revenue (Y)
$1.40B
Latest Revenue (Q)
$887.09M
Main Segment (Y)
Mortgage banking
PennyMac Financial Services Revenue by Period
PennyMac Financial Services Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.40B | -28.74% |
| 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 $1.40B in revenue during NA 2023, up -28.74% compared to the previous quarter, and up 124.16% compared to the same period a year ago.
PennyMac Financial Services Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $887.09M | 0.19% |
| 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 $887.09M in revenue during Q2 2024, up 0.19% compared to the previous quarter, and up 132.19% 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 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Mortgage banking Production | $643.03M | $865.18M | $2.31B | - | - |
| Mortgage banking Servicing | $721.39M | $1.08B | $817.29M | - | - |
| Investment management | $37.23M | $40.08M | $43.30M | - | - |
| Mortgage banking | $1.36B | $1.95B | $3.12B | - | - |
| Mortgage Banking Servicing Sector | - | - | - | $840.76M | $440.78M |
| Mortgages Banking | - | - | - | $3.67B | - |
| Investment Management | - | - | - | $39.84M | $42.74M |
| Mortgage Banking Lending Sector | - | - | - | $2.82B | $993.88M |
| Mortgage Banking | - | - | - | - | $1.43B |
PennyMac Financial Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Mortgage banking (49.33%), Mortgage banking Servicing (26.08%), Mortgage banking Production (23.25%), and Investment management (1.35%).
Quarterly Revenue by Product
| Product/Service | 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 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mortgage banking Production | $202.56M | $184.67M | $350.89M | $170.62M | $121.52M | $131.59M | $199.46M | $223.24M | $310.89M | $427.70M | - | - | - | - | - | - | - | - | - | - |
| Investment management | $16.47M | $9.39M | $18.46M | $9.50M | $9.27M | $9.89M | $10.35M | $9.69M | $10.15M | $10.46M | - | - | - | - | - | - | - | - | - | - |
| Mortgage banking | $396.79M | $296.27M | $743.79M | $327.05M | $293.59M | $330.56M | $465.94M | $501.82M | $647.36M | $683.35M | - | - | - | - | - | - | - | - | - | - |
| Mortgage banking Servicing | $194.22M | $111.60M | $392.89M | $156.43M | $172.07M | $198.97M | $266.48M | $278.58M | $336.47M | $255.66M | - | - | - | - | - | - | - | - | - | - |
| Mortgage Banking Servicing Sector | - | - | - | - | - | - | - | - | - | - | $136.83M | $162.60M | $262.21M | $207.57M | $271.10M | $72.69M | $289.41M | $125.46M | $109.47M | $96.12M |
| Mortgage Banking Lending Sector | - | - | - | - | - | - | - | - | - | - | $640.03M | $566.15M | $672.89M | $824.92M | $839.10M | $738.41M | $422.56M | $353.16M | $315.06M | $196.49M |
| Investment Management | - | - | - | - | - | - | - | - | - | - | $9.76M | $13.50M | $9.59M | $9.66M | $9.79M | $10.53M | $9.85M | $11.75M | $11.82M | $10.36M |
| Mortgages Banking | - | - | - | - | - | - | - | - | - | - | $776.86M | $728.75M | $935.10M | $1.03B | $1.11B | - | - | - | - | - |
| Mortgage Banking | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $811.10M | $711.97M | $478.62M | $424.53M | $292.62M |
PennyMac Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Mortgage banking (48.98%), Mortgage banking Production (25.01%), Mortgage banking Servicing (23.98%), and Investment management (2.03%).
PennyMac Financial Services Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GHI | Greystone Housing Impact Investors LP | $104.90B | $21.97B |
| PFSI | PennyMac Financial Services | $1.40B | $887.09M |
| ECPG | Encore Capital Group | $1.22B | $355.29M |
| OCN | Ocwen Financial | $1.07B | $239.10M |
| CNF | CNFinance | $837.68M | $245.79M |
| GHLD | Guild Company | $718.13M | $285.69M |
| SNFCA | Security National Financial | $318.50M | $81.19M |
PFSI Revenue FAQ
What is PennyMac Financial Services’s yearly revenue?
PennyMac Financial Services's yearly revenue for 2023 was $1.4B, representing a decrease of -28.74% compared to 2022. The company's yearly revenue for 2022 was $1.97B, representing a decrease of -50.52% compared to 2021. PFSI's yearly revenue for 2021 was $3.98B, representing a decrease of -27.13% compared to 2020.
What is PennyMac Financial Services’s quarterly revenue?
PennyMac Financial Services's quarterly revenue for Q2 2024 was $887.09M, a 0.19% increase from the previous quarter (Q1 2024), and a 55.51% increase year-over-year (Q2 2023). The company'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). PFSI's quarterly revenue for Q4 2023 was $772.61M, a 129.89% increase from the previous quarter (Q3 2023), and a 51.28% increase year-over-year (Q4 2022).
What is PennyMac Financial Services’s revenue growth rate?
PennyMac Financial Services's revenue growth rate for the last 3 years (2021-2023) was -64.74%, and for the last 5 years (2019-2023) was -17.01%.
What are PennyMac Financial Services’s revenue streams?
PennyMac Financial Services's revenue streams in c 23 are Mortgage banking Production, Mortgage banking Servicing, Investment management, and Mortgage banking. Mortgage banking Production generated $643.03M in revenue, accounting 23.25% of the company's total revenue, down -25.68% year-over-year. Mortgage banking Servicing generated $721.39M in revenue, accounting 26.08% of the company's total revenue, down -33.24% year-over-year. Investment management generated $37.23M in revenue, accounting 1.35% of the company's total revenue, down -7.11% year-over-year. Mortgage banking generated $1.36B in revenue, accounting 49.33% of the company's total revenue, down -29.87% year-over-year.
What is PennyMac Financial Services’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of PennyMac Financial Services was Mortgage banking. This segment made a revenue of $1.36B, representing 49.33% of the company's total revenue.