PennyMac Financial Services Inc (NYSE:PFSI)
$ 102.07 -0.9 (-0.87%) Market Cap: 5.28 Bil Enterprise Value: 21.94 Bil PE Ratio: 32.69 PB Ratio: 1.41 GF Score: 72/100

Q4 2022 PennyMac Financial Services Inc Earnings Call (Pre-Recorded) Transcript

Feb 02, 2023 / 09:30PM GMT
Release Date Price: $72.55 (+5.21%)
Operator

Good afternoon, and welcome to the Fourth Quarter and Full Year 2022 earnings discussion for PennyMac Financial Services, Inc. The slides that accompany this discussion are available on PennyMac Financial's website at pfsi.pennymac.com. Before we begin, let me remind you that our discussion contains forward-looking statements that are subject to risks identified on Slide 2 that could cause our actual results to differ materially as well as non-GAAP measures that have been reconciled to their GAAP equivalent in our earnings presentation. Now I'd like to begin by introducing David Spector, PennyMac Financial's Chairman and Chief Executive Officer, who will review the company's fourth quarter and full year 2022 results.

David A. Spector
PennyMac Financial Services, Inc. - CEO & Chairman

Thank you, Isaac. In the fourth quarter, PennyMac Financial delivered net income of $38 million or $0.71 in earnings per share. These results include a nonrecurring tax rate change, which negatively impacted earnings per share by $0.22. Dan Perotti, PFSI's Senior Managing

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot