PennyMac Financial Services (FRA:1AC) Buildings And Improvements : €0 Mil (As of Mar. 2024)

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What is PennyMac Financial Services Buildings And Improvements?

PennyMac Financial Services Buildings And Improvements Historical Data

The historical data trend for PennyMac Financial Services's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PennyMac Financial Services Buildings And Improvements Chart

PennyMac Financial Services Annual Data

Trend

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Buildings And Improvements

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PennyMac Financial Services Quarterly Data
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PennyMac Financial Services Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

PennyMac Financial Services (FRA:1AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PennyMac Financial Services Inc (FRA:1AC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

PFSI:USA

Address

3043 Townsgate Road, Suite 200, Westlake Village, CA, USA, 91361

Website

https://ir.pennymacfinancial.com

PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. The company operates through three segments: production, servicing, and investment management. The company's production and servicing segment together form the mortgage banking business that includes mortgage loan origination, acquisition, and sale activities; while the investment management segment includes investment manager's activities, such as performing diligence, and managing acquired assets. The company generates the majority of revenue from its mortgage banking business.

PennyMac Financial Services (FRA:1AC) Headlines

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