Operating
Amortization of Investment Discount and Premium
PennyMac Mortgage Investment Trust Amortization of Investment Discount and Premium decreased by 31.7% to $3.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 71.1%, from $10.75M to $3.11M. Over 2 years (FY 2021 to FY 2025), Amortization of Investment Discount and Premium shows an upward trend with a 79.5% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
This is a routine accounting adjustment; it does not signal operational performance but rather the maturity profile of the portfolio.
Detailed definition
This represents the non-cash adjustment for the amortization of premiums paid or the accretion of discounts received on...
Peer comparison
Standard for financial institutions holding debt securities; peers report this as part of interest income adjustments.
Metric ID:
anet_investment_income_amortizationHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$2.62M | -$2.55M | -$3.72M | -$1.53M | $13.11M | -$1.29M | -$1.52M | -$5.24M | $8.41M | $464K | $6.59M | $18.92M | $10.75M | $4.6M | $11.69M | $4.55M | $3.11M |
| QoQ Change | — | +2.9% | -46.2% | +59.0% | +959.2% | -109.8% | -18.2% | -243.6% | +260.5% | -94.5% | >999% | +187.3% | -43.2% | -57.2% | +154.1% | -61.1% | -31.7% |
| YoY Change | — | — | — | — | +599.7% | +15.5% | -111.6% | — | — | +136.0% | +532.1% | +461.2% | >999% | -30.2% | -38.2% | — | -71.1% |
Range-$5.24M – $18.92M
CAGR+4.3%
Avg YoY Growth+371.0%
Median YoY Growth+75.8%
Current Streak2 quarters decline
Amortization of Investment Discount and Premium at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's amortization of investment discount and premium?
- PennyMac Mortgage Investment Trust (PMT) reported amortization of investment discount and premium of $3.11M in Q1 2026.
- How has PennyMac Mortgage Investment Trust's amortization of investment discount and premium changed year-over-year?
- PennyMac Mortgage Investment Trust's amortization of investment discount and premium decreased by 71.1% year-over-year, from $10.75M to $3.11M.
- What is the long-term trend for PennyMac Mortgage Investment Trust's amortization of investment discount and premium?
- Over 2 years (2021 to 2025), PennyMac Mortgage Investment Trust's amortization of investment discount and premium has grown at a 79.5% compound annual growth rate (CAGR), from -$9.8M to $31.58M.
- What does amortization of investment discount and premium mean?
- The non-cash adjustment to income for the gradual write-down of premiums or write-up of discounts on investments.