WESTLAKE VILLAGE, Calif. (AP) _ PennyMac Financial Services Inc. (PFSI) on Thursday reported third-quarter earnings of $121.5 million.
On a per-share basis, the Westlake Village, California-based company said it had net income of $1.51.
The mortgage banking and investment management company posted revenue of $436.3 million in the period.
PennyMac shares have increased 46% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $31.12, an increase of 56% in the last 12 months.