PennyMac Financial Services Inc (NYSE:PFSI)
$ 105.27 1.64 (1.58%) Market Cap: 5.40 Bil Enterprise Value: 22.10 Bil PE Ratio: 33.42 PB Ratio: 1.44 GF Score: 71/100

Q1 2024 PennyMac Financial Services Inc Earnings Call Transcript

Apr 24, 2024 / 09:00PM GMT
Release Date Price: $92.07 (-0.77%)
Operator

Good afternoon, and welcome to PennyMac Financial Services Inc's first-quarter 2024 earnings call. Additional earnings materials, including presentation slides that will be referred to in this call are available on PennyMac Financial's website at PFSI. dot PennyMac.com.

Before we begin, let me remind you that this call may contain forward-looking statements that are subject to certain risks identified on slide 2 of the earnings presentation, it could cost the Company's actual results to differ materially as well as non-GAAP measures that have been reconciled to their GAAP equivalent in the earnings materials.

Now I'd like to introduce David Spector, PennyMac Financial's Chairman and Chief Executive Officer; and Dan Perotti, PennyMac Financial's Chief Financial Officer. Please go ahead.

David Spector
PennyMac Financial Services Inc - Chairman of the Board, Chief Executive Officer

Thank you, operator. Good afternoon, and thank you to everyone for participating in our first quarter earnings call. PFSI. reported net income of $39 million and an

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