Discontinued — last reported Q3 '24
Management fees
PennyMac Mortgage Investment Trust Management fees increased by 0.3% to $7.15M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $7.18M to $7.15M. Over 2 years (FY 2021 to FY 2023), Management fees shows a downward trend with a -12.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may signal rising operational complexity or inefficient management cost structures.
Detailed definition
The total costs incurred for third-party management services or internal management fees associated with the operation o...
Peer comparison
Standard operating expense line item for REITs and property management firms.
other_management_fee_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.91M | $8.52M | $8.92M | $8.12M | $7.91M | $7.73M | $7.31M | $7.26M | $7.08M | $7.18M | $7.25M | $7.19M | $7.13M | $7.15M |
| QoQ Change | — | -28.5% | +4.7% | -9.0% | -2.6% | -2.3% | -5.5% | -0.7% | -2.5% | +1.4% | +1.1% | -0.9% | -0.8% | +0.3% |
| YoY Change | — | — | — | — | -33.6% | -9.3% | -18.1% | -10.6% | -10.5% | -7.2% | -0.8% | -1.0% | +0.8% | -0.3% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Aggregation And Securitization | — | — | — | — | — | — | — | $0.00 |
| Corporate | $7.13M | $7.15M | — | — | — | — | — | — |
| Correspondent Production | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Credit Sensitive Strategies | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Rate Sensitive Strategies | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $7.13M | $7.15M | — | — | — | — | — | — |
Corporate, Correspondent Production were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Management fees at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's management fees?
- PennyMac Mortgage Investment Trust (PMT) reported management fees of $7.15M in Q3 2024.
- How has PennyMac Mortgage Investment Trust's management fees changed year-over-year?
- PennyMac Mortgage Investment Trust's management fees decreased by 0.3% year-over-year, from $7.18M to $7.15M.
- What is the long-term trend for PennyMac Mortgage Investment Trust's management fees?
- Over 2 years (2021 to 2023), PennyMac Mortgage Investment Trust's management fees has grown at a -12.8% compound annual growth rate (CAGR), from $37.80M to $28.76M.
- What does management fees mean?
- The expense paid to managers for overseeing the operations of property assets.