Selected Quarterly Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

Selected Quarterly Data (Unaudited)

Schedule of selected quarterly financial data

	Quarter ended
	2018								2017
	Dec. 31		Sept. 30		June. 30		Mar. 31		Dec. 31		Sept. 30		June. 30		Mar. 31
		(in thousands, except per share data)
During the quarter:
Net mortgage loan servicing fees	$	105,212	$	109,703		113,689	$	116,789	$	106,902	$	78,081	$	46,913	$	74,163
Net gains on mortgage loans held for sale at fair value		59,748		56,914		60,946		71,414		98,621		108,136		98,091		86,956
Mortgage loan origination fees		26,165		26,485		24,428		24,563		30,267		33,168		30,193		25,574
Fulfillment fees from PennyMac Mortgage Investment Trust		28,591		26,256		14,559		11,944		19,175		23,507		21,107		16,570
Other income		31,485		31,571		30,676		13,491		43,669		7,743		5,417		1,210
		251,201		250,929		244,298		238,201		298,634		250,635		201,721		204,473
Expenses		192,895		189,232		169,600		165,205		176,861		156,491		143,761		142,441
Income before provision for income taxes		58,306		61,697		74,698		72,996		121,773		94,144		57,960		62,032
Provision for income taxes		5,346		5,545		6,293		6,070		(2,125)		11,652		7,214		7,646
Net income		52,960		56,152		68,405		66,926		123,898		82,492		50,746		54,386
Less: Net income attributable to noncontrolling interest		14,211		41,663		50,568		50,307		61,580		65,411		40,267		43,507
Net income attributable to PennyMac Financial Services, Inc. common stockholders	$	38,749	$	14,489	$	17,837	$	16,619	$	62,318	$	17,081	$	10,479	$	10,879
Earnings per share of common stock:
Basic	$	0.65	$	0.58	$	0.71	$	0.70	$	2.67	$	0.73	$	0.45	$	0.48
Diluted	$	0.63	$	0.57	$	0.70	$	0.67	$	2.44	$	0.71	$	0.44	$	0.47
At quarter end:
Mortgage loans held for sale	$	2,521,647	$	2,416,955	$	2,527,231	$	2,584,236	$	3,099,103	$	2,935,593	$	3,037,602	$	2,277,751
Mortgage servicing rights		2,820,612		2,785,964		2,486,157		2,354,489		2,119,588		2,016,485		1,951,599		1,725,061
Servicing advances, net		313,197		259,609		258,900		284,145		318,066		262,650		291,907		317,513
Mortgage loans eligible for repurchase		1,102,840		889,335		879,621		1,018,488		1,208,195		584,394		462,487		318,378
Other assets		720,277		640,667		689,797		661,533		623,141		589,247		661,143		612,674
Total assets	$	7,478,573	$	6,992,530	$	6,841,706	$	6,902,891	$	7,368,093	$	6,388,369	$	6,404,738	$	5,251,377
Short-term debt	$	2,332,143	$	2,222,385	$	2,264,041	$	2,336,826	$	2,922,542	$	2,640,743	$	3,311,029	$	2,331,357
Long-term debt		1,648,973		1,566,672		1,473,188		1,380,358		1,135,401		1,151,545		671,789		690,476
Liability for mortgage loans eligible for repurchase		1,102,840		889,335		879,621		1,018,488		1,208,195		584,394		462,487		318,378
Other liabilities		740,826		397,428		362,912		373,020		382,281		421,396		448,181		453,571
Total liabilities		5,824,782		5,075,820		4,979,762		5,108,692		5,648,419		4,798,078		4,893,486		3,793,782
Total equity		1,653,791		1,916,710		1,861,944		1,794,199		1,719,674		1,590,291		1,511,252		1,457,595
Total liabilities and equity	$	7,478,573	$	6,992,530	$	6,841,706	$	6,902,891	$	7,368,093	$	6,388,369	$	6,404,738	$	5,251,377