Common Shares of Beneficial Interest, $0.01 par value
- Symbol
- PMT
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 5.02, 8.01, 9.01 · 8-K
PennyMac Mortgage Investment Trust
Results of Operations and Financial Condition · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Item 2.02 Results of Operations and Financial Condition. On October 29, 2026, PennyMac Mortgage Investment Trust (the “Company”) issued a press release and a slide presentation announcing its financial results for the fiscal quarter ended September 30, 2026.…
Company context
PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. PMT is externally managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI). Additional information about PennyMac Mortgage Investment Trust is available at pmt.pennymac.com.
Current securities
PMTNYSE · ETF · CurrentPMT PRANYSE · PREFERRED · CurrentPMT PRBNYSE · PREFERRED · CurrentPMT PRCNYSE · PREFERRED · CurrentPMTUNYSE · NOTE · CurrentPMTVNYSE · NOTE · CurrentPMTWNYSE · NOTE · Current
Historical securities (1)
Recent company filings
- 10-Q filingAug 4, 2026
- Results of Operations and Financial ConditionJul 29, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security HoldersJun 16, 2026
- 10-Q filingMay 5, 2026
- Results of Operations and Financial ConditionMay 5, 2026
Registered securities in this filing
PennyMac Mortgage Investment Trust · 8-K · Filed 2026-10-29
8.125% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value
- Symbol
- PMT/PA
- Exchange
- NYSE
- Classification
- PREFERRED
8.00% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value
- Symbol
- PMT/PB
- Exchange
- NYSE
- Classification
- PREFERRED
6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value
- Symbol
- PMT/PC
- Exchange
- NYSE
- Classification
- PREFERRED
8.50% Senior Note Due 2028
- Symbol
- PMTU
- Exchange
- NYSE
- Classification
- DEBT
- Status
- Current
9.00% Senior Note Due 2030
- Symbol
- PMTV
- Exchange
- NYSE
- Classification
- DEBT
- Status
- Current
9.00% Senior Note Due 2030
- Symbol
- PMTW
- Exchange
- NYSE
- Classification
- DEBT
- Status
- Current
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On October 29, 2026, PennyMac Mortgage Investment Trust (the “Company”) issued a press release and a slide presentation announcing its financial results for the fiscal quarter ended September 30, 2026. Copies of the press release and the slide presentation used in connection with the Company’s presentation of financial results were made available on October 29, 2026, and are furnished as Exhibit 99.1 and Exhibit 99.2, respectively. In addition, the Company has made other supplemental financial information for the fiscal quarter ended September 30, 2026 available on its website at pmt.pennymac.com.
The information in Item 2.02 of this report, including the exhibits hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of Section 18, nor shall it be deemed incorporated by reference into any disclosure document relating to the Company, except to the extent, if any, expressly set forth by specific reference in such document.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Officer Changes - Daniel S. Perotti and Kevin Ryan
On October 29, 2026, the Company issued a press release furnished as Exhibit 99.1, announcing changes in the roles of certain officers in conjunction with its financial results for the fiscal quarter ended September 30, 2026.
Daniel S. Perotti, the Company’s Senior Managing Director and Chief Financial Officer, will resign from that role as of December 31, 2026, and will continue with the Company in an advisory role.
Kevin Ryan, age 55, the Company’s Executive Managing Director and Chief Strategy Officer, will be appointed the Company’s Chief Financial Officer on January 1, 2027. Prior to joining the Company in October 2025, Mr. Ryan served as President and Chief Financial Officer at Better Home & Finance Holding Company from October 2020 to October 2025, where he managed all of the finance, accounting, markets and risk functions. Previously, Mr. Ryan worked in several executive positions during his more than two decades at Morgan Stanley, most recently as a Managing Director in the Investment Banking division where he served as the Co-Head of Banks and Diversified Finance, covering financial technology companies, banks, consumer finance companies and mortgage companies. Mr. Ryan earned a B.A. from Rutgers University and a J.D. from the University of Virginia. Mr. Ryan earned a B.A. from Rutgers University and a J.D. from the University of Virginia. There are no arrangements or understandings between Mr. Ryan and any other persons pursuant to which he was appointed as an executive officer. There are no family relationships between Mr. Ryan and any director, executive officer or any other person nominated or chosen by the Company to become a director or executive officer. There are no related person transactions within the meaning of Item 404(a) of Regulation S-K between Mr. Ryan and the Company.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
On October 26, 2026, the Company’s Board of Trustees approved an increase to the Company’s authorization to repurchase its common shares of beneficial interest from $500 million to $630 million. The share repurchase authorization does not require the Company to purchase a specific number of common shares, and the timing and amount of any common shares repurchased are based on market conditions and other factors, including price, regulatory requirements and capital availability. Common share repurchases may be effected through privately negotiated transactions or open market purchases in accordance with applicable rules and regulations. The common share repurchase authorization does not have an expiration date but may be suspended, modified or discontinued at any time without prior notice.
Filed exhibits (2)
Exhibit 99.1 PennyMac Mortgage Investment Trust Reports Third Quarter 2026 Results and Announces Changes to its Leadership Team WESTLAKE VILLAGE, Calif. - October 29, 2026 - PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net loss attributable to common shareholders of $36 million, or $(0.41) per common share on net investment income of $36 million for the third quarter of 2026. Adjusted net income attributable to common shareholders was $30 million, or $0.35 in adjusted earnings per share (EPS)1. PMT’s Board of Trustees also approved a $130 million increase to its share repurchase authorization, bringing total available repurchase capacity to over $200 million. Additionally, PMT today announced that Doug Jones, President and Chief Mortgage Banking Officer, will be retiring on June 30, 2027 after a storied career in the mortgage banking industry including more than 15 years of leadership at Pennymac. His roles and responsibilities will transition to other senior leaders within the company over the next several months. Also, effective January 1, 2027, Kevin Ryan, currently Chief Strategy Officer, will assume the role of Chief Financial Officer (CFO). Current CFO,…
Open exhibit ↗Exhibit 99.2 3Q26 EARNINGS REPORT PennyMac Mortgage Investment Trust October 2026 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, regarding management’s beliefs, estimates, projections and assumptions with respect to, among other things, the Company’s financial results, future operations, business plans and investment strategies, as well as industry and market conditions, all of which are subject to change. Words like “believe,” “expect,” “anticipate,” “promise,” “plan,” and other expressions or words of similar meanings, as well as future or conditional verbs such as “will,” “would,” “should,” “could,” or “may” are generally intended to identify forward-looking statements. Actual results and operations for any future period may vary materially from those projected herein and from past results discussed herein. These forward-looking statements include, but are not limited to, statements regarding future changes in interest rates, housing, and prepayment rates; future loan originations and production; future loan delinquencies, defaults and forbearances; future inve…
Open exhibit ↗