PennyMac Mortgage Investment Trust (NYSE:PMT)
$ 13.68 -0.03 (-0.22%) Market Cap: 1.19 Bil Enterprise Value: 5.23 Bil PE Ratio: 9.12 PB Ratio: 0.84 GF Score: 74/100

Q1 2021 PennyMac Mortgage Investment Trust Earnings Call (Pre-recorded) Transcript

May 06, 2021 / NTS GMT
Release Date Price: $19.68 (-2.28%)
Isaac Garden

Good afternoon, and welcome to the first quarter 2021 earnings discussion for PennyMac Mortgage Investment Trust. The slides that accompany this discussion are available from PennyMac Mortgage Investment Trust website at www.pennymac-reit.com. Before we begin, let me remind you that our discussion contains forward-looking statements that are subject to the risks identified on Slide 2 that could cause our actual results to differ materially. Thank you.

Now I'd like to introduce David Spector, PMT's Chairman and Chief Executive Officer, who will discuss the company's first quarter 2021 results.

David A. Spector
PennyMac Mortgage Investment Trust - CEO, President & Trustee

Thank you, Isaac. PMT produced another strong quarter of financial results, with net income attributable to common shareholders of $65.4 million or diluted earnings per share of $0.67. These strong results were driven by strong Correspondent Production results and the continued improvement in the fair value of

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