Discontinued — last reported Q3 '24
Corporate — Operating Expenses
PennyMac Mortgage Investment Trust Corporate — Operating Expenses increased by 2.2% to $15.59M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $15.24M to $15.59M. Over 2 years (FY 2021 to FY 2023), Corporate — Operating Expenses shows relatively stable performance with a -0.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates higher operational overhead, whereas a decrease suggests successful cost-cutting or improved operational efficiency.
Detailed definition
The total costs required to support the corporate segment's activities, including management fees, administrative overhe...
Peer comparison
Comparable to 'Corporate Overhead' or 'Operating Expenses' reported by other mortgage REITs.
pmt_segment_corporate_operating_expensesHistorical 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 | $19.02M | $12.73M | $15.19M | $15.34M | $15.33M | $15.85M | $14.93M | $14.86M | $14.74M | $15.24M | $16.17M | $14.72M | $15.25M | $15.59M |
| QoQ Change | — | -33.0% | +19.3% | +1.0% | -0.1% | +3.4% | -5.8% | -0.5% | -0.8% | +3.4% | +6.1% | -9.0% | +3.6% | +2.2% |
| YoY Change | — | — | — | — | -19.4% | +24.5% | -1.7% | -3.1% | -3.8% | -3.8% | +8.3% | -1.0% | +3.4% | +2.3% |
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Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's corporate — operating expenses?
- PennyMac Mortgage Investment Trust (PMT) reported corporate — operating expenses of $15.59M in Q3 2024.
- How has PennyMac Mortgage Investment Trust's corporate — operating expenses changed year-over-year?
- PennyMac Mortgage Investment Trust's corporate — operating expenses increased by 2.3% year-over-year, from $15.24M to $15.59M.
- What is the long-term trend for PennyMac Mortgage Investment Trust's corporate — operating expenses?
- Over 2 years (2021 to 2023), PennyMac Mortgage Investment Trust's corporate — operating expenses has grown at a -0.6% compound annual growth rate (CAGR), from $61.77M to $61.00M.
- What does corporate — operating expenses mean?
- Total operating costs associated with the corporate segment.