PennyMac Mortgage Investment Trust Credit Sensitive Strategies — Operating Expenses remained flat by 0.0% to $96.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.4%, from $138.00K to $96.00K. Over 4 years (FY 2021 to FY 2025), Credit Sensitive Strategies — Operating Expenses shows a downward trend with a -59.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests rising overhead or higher costs related to managing distressed or credit-sensitive assets, while a decrease indicates improved operational efficiency.
Represents the total costs incurred to manage and maintain the credit-sensitive mortgage asset portfolio. This includes...
Similar to general and administrative expenses or segment-specific operating costs at other mortgage REITs.
pmt_segment_credit_sensitive_strategies_operating_expenses| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.14M | $2.40M | $5.65M | $3.27M | $1.37M | $765.00K | $385.00K | $713.00K | $943.00K | $525.00K | $139.00K | $98.00K | $99.00K | $67.00K | $301.00K | $138.00K | $111.00K | $95.00K | $96.00K | $96.00K |
| QoQ Change | — | -42.1% | +135.9% | -42.2% | -58.0% | -44.3% | -49.7% | +85.2% | +32.3% | -44.3% | -73.5% | -29.5% | +1.0% | -32.3% | +349.3% | -54.2% | -19.6% | -14.4% | +1.1% | +0.0% |
| YoY Change | — | — | — | — | -66.8% | -68.1% | -93.2% | -78.2% | -31.4% | -31.4% | -63.9% | -86.3% | -89.5% | -87.2% | +116.5% | +40.8% | +12.1% | +41.8% | -68.1% | -30.4% |