Operating Expenses

Professional fees

PennyMac Mortgage Investment Trust Professional fees decreased by 2.3% to $13.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 93.4%, from $6.98M to $13.50M. Over 4 years (FY 2021 to FY 2025), Professional fees shows an upward trend with a 35.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.

Detailed definition

Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...

Peer comparison

Standard operating expense line item found in the SG&A section of the income statement.

Metric ID: professional_fees

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.90M$949.00K$6.08M$4.03M$1.25M$2.39M$1.90M$1.52M$1.88M$2.13M$2.08M$1.76M$2.37M$2.61M$6.04M$6.98M$8.36M$8.61M$13.82M$13.50M
QoQ Change-50.0%+540.5%-33.8%-68.9%+91.2%-20.7%-19.8%+23.5%+13.4%-2.3%-15.6%+34.6%+10.5%+131.1%+15.6%+19.8%+2.9%+60.6%-2.3%
YoY Change-34.0%+152.3%-68.8%-62.2%+50.2%-10.9%+9.8%+15.4%+25.8%+22.6%+189.9%+297.2%+253.4%+229.3%+128.8%+93.4%
Range$949.00K$13.82M
CAGR+51.2%
Avg YoY Growth+80.8%
Median YoY Growth+38.0%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Aggregation And Securitization$10.84M
Correspondent Production$0.00$0.00$3.51M$4.88M$6.38M$6.59M$10.66M
Credit Sensitive Strategies$0.00$0.00$0.00$0.00$0.00
Interest Rate Sensitive Strategies$0.00$0.00$0.00$0.00$0.00
Total$2.37M$2.61M$6.04M$6.98M$8.36M$8.61M$13.82M$13.50M

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 professional fees?
PennyMac Mortgage Investment Trust (PMT) reported professional fees of $13.50M in Q1 2026.
How has PennyMac Mortgage Investment Trust's professional fees changed year-over-year?
PennyMac Mortgage Investment Trust's professional fees increased by 93.4% year-over-year, from $6.98M to $13.50M.
What is the long-term trend for PennyMac Mortgage Investment Trust's professional fees?
Over 4 years (2021 to 2025), PennyMac Mortgage Investment Trust's professional fees has grown at a 35.7% compound annual growth rate (CAGR), from $11.15M to $37.77M.
What does professional fees mean?
The total cost of external legal, accounting, and consulting services.