PennyMac Mortgage Investment Trust (PMT) is a specialty finance company that invests in residential mortgage loans and mortgage-related assets. The company focuses on investing in distressed mortgage loans available for acquisition from financial institutions and in correspondent lending. PMT also provides services such as collecting principal, interest and escrow account payments. The company through its subsidiary invests in US treasury securities, mortgage-related derivatives, and non-agency subordinate bonds. The company has operations across New Jersey, Maryland, Illinois, Massachusetts, and New York. PMT is headquartered in Westlake Village, California, the US.
Headquarters
United States of America
Address
3043 Townsgate Road, Westlake Village, California, 91361
Website
www.pennymac.com
Telephone
1 818 2247442
No of Employees
7
Industry
Financial Services
Ticker Symbol & Exchange
PMT (NYSE)
Revenue (2022)
$1.2B
63.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
372.4%
(2022 vs 2021)
Market Cap*
$1.2B
Net Profit Margin (2022)
XYZ
267.1%
(2022 vs 2021)
* As of and is in US$
PennyMac Mortgage Investment Trust premium industry data and analytics
Products and Services
| Services |
|---|
| Invests in various Residential Mortgage Loans and Mortgage-Related Assets |
| Distressed Mortgage Assets |
| Real Estate Acquired in Settlement of Loans (REO) |
| XYZ |
| XYZ |
| XYZ |
Competitor Comparison
| Key Parameters | PennyMac Mortgage Investment Trust | Wells Fargo & Co | U.S. Bancorp | Truist Financial Corp | Western Alliance Bancorp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Westlake Village | San Francisco | Minneapolis | Charlotte | Phoenix |
| State/Province | California | California | Minnesota | North Carolina | Arizona |
| No. of Employees | 7 | 226,000 | 75,465 | 49,037 | 3,260 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David A. Spector | Chairman; Chief Executive Officer | Executive Board | 2021 | 61 |
| Doug Jones | Director; Chief Mortgage Banking Officer; President; Trustee | Executive Board | 2023 | 67 |
| Daniel S. Perotti | Chief Financial Officer; Senior Managing Director | Senior Management | 2021 | 43 |
| Derek W. Stark | Secretary; Senior Managing Director; Chief Legal Officer | Senior Management | 2018 | 56 |
| William Chang | Chief Investment Officer; Senior Managing Director | Senior Management | 2023 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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