Discontinued — last reported Q3 '25

Other

Securities gains, net – non-qualifying hedges on MSRs

PennyMac Mortgage Investment Trust Securities gains, net – non-qualifying hedges on MSRs decreased by 69.6% to $37.57M in Q3 2025 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ3 2024
Last reportedQ3 2025Oct 29, 2025

How to read this metric

Positive gains indicate effective trading or hedging, while losses suggest market timing challenges or ineffective risk management.

Detailed definition

The net gain or loss resulting from the sale of mortgage-backed securities, often used to hedge or manage interest rate...

Peer comparison

Common in mortgage REITs and banks with active MBS trading desks.

Metric ID: other_gain_loss_on_sales_of_mortgage_backed_securities_mbs

Historical Data

2 periods
 Q3 '24Q3 '25
Value$123.43M$37.57M
QoQ Change-69.6%
YoY Change-69.6%
Range$37.57M$123.43M
Avg YoY Growth-69.6%
Median YoY Growth-69.6%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest Rate Sensitive Strategies$65.87M$14.06M$38.39M$31.35M-$33.41M
Aggregation And Securitization$0.00
Correspondent Production$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Credit Sensitive Strategies-$1.01M$506.00K-$817.00K$0.00$0.00
Total$123.43M$37.57M

Correspondent Production was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is PennyMac Mortgage Investment Trust's securities gains, net – non-qualifying hedges on msrs?
PennyMac Mortgage Investment Trust (PMT) reported securities gains, net – non-qualifying hedges on msrs of $37.57M in Q3 2025.
What does securities gains, net – non-qualifying hedges on msrs mean?
Profit or loss from selling mortgage-backed securities.