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PennyMac: 3Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PFSI at https://www.zacks.com/ap/PFSI