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PennyMac Financial Services, Inc. PFSI Mortgage Banking Servicing Sector — Operating Expenses

Other segment segments

Mortgage Banking Lending Sector
$273.35M+47.0%

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Other financials

Income statement

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Revenue$545.0M+26.5%
Net income$82.3M+7.9%
EPS (diluted)$1.53+7.7%

Balance sheet

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Cash & equivalents$219.5M+4.0%
Total debt$72.4M+63.3%
Total assets$31.9B+33.8%

Cash flow

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Operating cash flow-$1.3B-226%
CapEx$2.3M+506%
Free cash flow-$1.3B-226%

Valuation

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Market cap$4B-21.7%
Enterprise value$3.85B-22.7%
P/E7.9×-5.3×
P/S1.9×-1.1×

Profitability

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Net margin23.5%+3.2pp
FCF margin-149.5%

Returns & leverage

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Return on equity8.3%
Debt / equity1.4×

Where this comes from

Reported directly by PennyMac Financial Services, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: PennyMac Financial Services, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:42 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001104659-26-055690
Line itemProductionServicingReportable segment totalCorporate and otherConsolidated total
Professional services5,6492,0807,7296,67014,399
Occupancy and equipment5,3322,5027,8342,1579,991
Other (2)4,3995,4529,8514,50414,355
Total expenses273,345112,435385,78054,513440,293
Income (loss) before provision for income taxes$133,575$12,651$146,226$(41,535)$104,691
Segment assets at end of quarter$10,435,743$21,416,481$31,852,224$91,774$31,943,998
Acquisition of:
Capitalized software$6,737$284$7,021$8,904$15,925

Item 1. Financial Statements (Unaudited):

FAQ

What is PennyMac Financial Services, Inc.'s mortgage banking servicing sector — operating expenses?
PennyMac Financial Services, Inc. (PFSI) reported mortgage banking servicing sector — operating expenses of $112.44M in Q1 2026.
How has PennyMac Financial Services, Inc.'s mortgage banking servicing sector — operating expenses changed year-over-year?
PennyMac Financial Services, Inc.'s mortgage banking servicing sector — operating expenses increased by 18.9% year-over-year, from $94.58M to $112.44M.
What is the long-term trend for PennyMac Financial Services, Inc.'s mortgage banking servicing sector — operating expenses?
Over 4 years (2021 to 2025), PennyMac Financial Services, Inc.'s mortgage banking servicing sector — operating expenses has grown at a -5.2% compound annual growth rate (CAGR), from $510.62M to $412.49M.
What does mortgage banking servicing sector — operating expenses mean?
The aggregate of all costs required to run the mortgage servicing business, including labor, technology, and administrative overhead. This is a primary indicator of the segment's operational efficiency and cost structure relative to its revenue generation.

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