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

Q2 2023 PennyMac Financial Services Inc Earnings Call (pre-recorded) Transcript

Jul 27, 2023 / NTS GMT
Release Date Price: $80.2 (-1.85%)
Isaac Garden
PennyMac Financial Services, Inc. - SVP of IR

Good afternoon and welcome to the second quarter 2023 earnings discussion for PennyMac Financial Services, Inc.

The slides that accompany this discussion are available on our 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 second quarter 2023 results.

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

Thank you, Isaac.

PennyMac Financial reported solid results in the second quarter reflecting both increased production volumes and profitability from the prior quarter as well as a continued strong contribution from our large and

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