PennyMac Financial Services, Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
PFSI$66.44+1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · September 30, · · December 31, | ||||||
| · · 2026 · · 2025 | ||||||
| | | (in thousands, except share amounts) | ||||
| ASSETS | | | | | | |
| Cash | | $233,351 | | $301,680 | ||
| Short-term investments at fair value | | | 412,522 | | | 410,037 |
| Principal-only stripped mortgage-backed securities at fair value pledged to creditors | | | 514,601 | | | 722,528 |
| Loans held for sale at fair value ($6,806,831 and $8,983,503 pledged to creditors) | | | 6,899,041 | | | 9,123,410 |
| Derivative assets with non-affiliates | | | 474,241 | | | 185,518 |
| Derivative assets with PennyMac Mortgage Investment Trust | | | 16,456 | | | 2,257 |
| Servicing advances, net (valuation allowance of $140,897 and $103,574; $403,929 and $406,825 pledged to creditors) | | | 604,237 | | | 589,542 |
| Mortgage servicing rights at fair value ($11,285,223 and $9,367,851 pledged to creditors) | | | 11,639,077 | | | 9,598,941 |
| Investment in PennyMac Mortgage Investment Trust at fair value | | | 591 | | | 941 |
| Receivable from PennyMac Mortgage Investment Trust | | | 20,295 | | | 17,122 |
| Loans eligible for repurchase | | | 8,225,654 | | | 7,409,800 |
| Other ($29,484 and $10,393 pledged to creditors) | | | 872,020 | | | 1,026,913 |
| Total assets | | $29,912,086 | | $29,388,689 | ||
| LIABILITIES | | | | | | |
| Assets sold under agreements to repurchase | | $8,088,489 | | $8,794,002 | ||
| Mortgage loan participation purchase and sale agreements | | | 677,877 | | | 696,618 |
| Notes payable secured by mortgage servicing assets | | | 1,640,951 | | | 1,326,021 |
| Unsecured senior notes | | | 4,839,843 | | | 4,831,742 |
| Derivative liabilities with non-affiliates | | | 204,554 | | | 9,559 |
| Derivative liabilities with PennyMac Mortgage Investment Trust | | | 5,667 | | | 6,247 |
| Accounts payable and accrued expenses | | | 502,449 | | | 645,468 |
| Payable to PennyMac Mortgage Investment Trust | | | 77,652 | | | 116,585 |
| Payable to exchanged Private National Mortgage Acceptance Company, LLC unitholders under tax receivable agreement | | | 24,757 | | | 24,757 |
| Income taxes payable | | | 1,229,299 | | | 1,184,020 |
| Liability for loans eligible for repurchase | | | 8,225,654 | | | 7,409,800 |
| Liability for losses under representations and warranties | | | 38,311 | | | 34,894 |
| Total liabilities | | | 25,555,503 | | | 25,079,713 |
| | | | | | | |
| Commitments and contingencies – Note 18 | | | | | | |
| | | | | | | |
| STOCKHOLDERS’ EQUITY | | | | | | |
| Common stock—authorized 200,000,000 shares of $0.0001 par value; issued and outstanding, 51,956,403, and 52,061,346 shares, respectively | | | 5 | | | 5 |
| Additional paid-in capital | | | 59,142 | | | 96,870 |
| Retained earnings | | | 4,297,436 | | | 4,212,101 |
| Total stockholders' equity | | | 4,356,583 | | | 4,308,976 |
| Total liabilities and stockholders' equity | | $29,912,086 | | $29,388,689 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.