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PennyMac Financial Services (PFSI) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

PennyMac Financial Services Revenue Highlights

Latest Revenue (Y)

$1.40B

Latest Revenue (Q)

$411.83M

Main Segment (Y)

Mortgage banking

PennyMac Financial Services Revenue by Period

PennyMac Financial Services Revenue by Year

DateRevenueChange
2023-12-31$1.40B-28.74%
2022-12-31$1.97B-50.52%
2021-12-31$3.98B-27.13%
2020-12-31$5.45B222.96%
2019-12-31$1.69B49.61%
2018-12-31$1.13B2.64%
2017-12-31$1.10B5.97%
2016-12-31$1.04B32.74%
2015-12-31$781.88M40.74%
2014-12-31$555.53M37.77%
2013-12-31$403.23M47.72%
2012-12-31$272.96M256.08%
2011-12-31$76.66M10.73%
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

DateRevenueChange
2024-09-30$411.83M-55.74%
2024-06-30$930.49M5.09%
2024-03-31$885.41M14.60%
2023-12-31$772.61M129.89%
2023-09-30$336.07M-41.09%
2023-06-30$570.45M-15.00%
2023-03-31$671.08M31.40%
2022-12-31$510.72M10.11%
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$1.03B21.37%
2021-06-30$844.54M-19.72%
2021-03-31$1.05B-16.69%
2020-12-31$1.26B-3.43%
2020-09-30$1.31B49.55%
2020-06-30$874.30M11.49%
2020-03-31$784.19M41.18%
2019-12-31$555.47M27.32%
2019-09-30$436.28M22.63%
2019-06-30$355.78M24.81%
2019-03-31$285.06M-0.94%
2018-12-31$287.75M-0.67%
2018-09-30$289.70M4.62%
2018-06-30$276.91M0.72%
2018-03-31$274.95M-17.77%
2017-12-31$334.37M14.07%
2017-09-30$293.13M22.85%
2017-06-30$238.60M1.99%
2017-03-31$233.95M-27.22%
2016-12-31$321.43M0.79%
2016-09-30$318.91M36.71%
2016-06-30$233.27M41.90%
2016-03-31$164.39M-19.05%
2015-12-31$203.07M-3.37%
2015-09-30$210.15M-1.20%
2015-06-30$212.70M39.80%
2015-03-31$152.14M-0.01%
2014-12-31$152.15M-0.12%
2014-09-30$152.34M9.46%
2014-06-30$139.17M24.39%
2014-03-31$111.88M17.26%
2013-12-31$95.41M4.44%
2013-09-30$91.35M-17.54%
2013-06-30$110.78M4.81%
2013-03-31$105.70M-6.60%
2012-12-31$113.17M44.58%
2012-09-30$78.27M83.88%
2012-06-30$42.57M9.29%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Mortgage banking Production$643.03M$865.18M$2.31B--
Investment management$37.23M$40.08M$43.30M--
Mortgage banking$1.36B$1.95B$3.12B--
Mortgage banking Servicing$721.39M$1.08B$817.29M--
Mortgages Banking---$3.67B-
Investment Management---$39.84M$42.74M
Mortgage Banking Lending Sector---$2.82B$993.88M
Mortgage Banking Servicing Sector---$840.76M$440.78M
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/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Investment management$9.35M$16.47M$9.39M$18.46M$9.50M$9.27M$9.89M$10.35M$9.69M$10.15M$10.46M---------
Mortgage banking$402.48M$396.79M$296.27M$743.79M$327.05M$293.59M$330.56M$465.94M$501.82M$647.36M$683.35M---------
Mortgage banking Servicing$107.14M$194.22M$111.60M$392.89M$156.43M$172.07M$198.97M$266.48M$278.58M$336.47M$255.66M---------
Mortgage banking Production$295.34M$202.56M$184.67M$350.89M$170.62M$121.52M$131.59M$199.46M$223.24M$310.89M$427.70M---------
Mortgage Banking Lending Sector-----------$640.03M$566.15M$672.89M$824.92M$839.10M$738.41M$422.56M$353.16M$315.06M
Mortgages Banking-----------$776.86M$728.75M$935.10M$1.03B$1.11B----
Investment Management-----------$9.76M$13.50M$9.59M$9.66M$9.79M$10.53M$9.85M$11.75M$11.82M
Mortgage Banking Servicing Sector-----------$136.83M$162.60M$262.21M$207.57M$271.10M$72.69M$289.41M$125.46M$109.47M
Mortgage Banking----------------$811.10M$711.97M$478.62M$424.53M

PennyMac Financial Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Mortgage banking (49.43%), Mortgage banking Production (36.27%), Mortgage banking Servicing (13.16%), and Investment management (1.15%).

PennyMac Financial Services Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GHIGreystone Housing Impact Investors LP$104.90B$24.72M
PFSIPennyMac Financial Services$1.40B$411.83M
ECPGEncore Capital Group$1.22B$340.79M
OCNOcwen Financial$1.07B$239.10M
CNFCNFinance$837.68M$245.79M
GHLDGuild Company$718.13M$159.26M
SNFCASecurity 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 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 (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, Investment management, Mortgage banking, and Mortgage banking Servicing. Mortgage banking Production generated $643.03M in revenue, accounting 23.25% of the company's total revenue, down -25.68% 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. Mortgage banking Servicing generated $721.39M in revenue, accounting 26.08% of the company's total revenue, down -33.24% 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.