PennyMac Financial Services (PFSI) Amortizatization of Intangibles (2017 - 2021)
PennyMac Financial Services (PFSI) posted quarterly Amortizatization of Intangibles of $3.6 million for Q3 2021, up 14.62% year-over-year from $3.2 million in Q3 2020, and up 2.4% quarter-over-quarter from $3.5 million in Q2 2021.
PennyMac Financial Services (PFSI) Amortizatization of Intangibles (2017 - 2021) Analysis & Trends
PennyMac Financial Services (PFSI) has reported Amortizatization of Intangibles for 5 consecutive years, with $3.6 million the latest figure, recorded in Q3 2021.
- In Q3 2021, Amortizatization of Intangibles rose 14.62% year-over-year to $3.6 million; the TTM figure through Sep 2021 stood at $13.6 million (up 13.01% YoY), while the FY2020 annual figure was $12.3 million, up 20.93% from the prior year.
- Amortizatization of Intangibles climbed to $3.6 million in Q3 2021 per PFSI's latest filing, from $3.5 million in the prior quarter.
- Across five years, Amortizatization of Intangibles topped out at $159.2 million in Q2 2019 and bottomed at $2.9 million in Q4 2019.
- Historically, Amortizatization of Intangibles has averaged $49.4 million across 5 years, with a median of $43.9 million in 2018.
- Annual changes were most pronounced in 2019 — Amortizatization of Intangibles surged 229.92% — and 2020, when it slumped 98.1%.
- PennyMac Financial Services' Amortizatization of Intangibles stood at $55.1 million in 2017, then jumped by 61.86% to $89.2 million in 2018, then slumped by 96.75% to $2.9 million in 2019, then increased by 7.17% to $3.1 million in 2020, then advanced by 16.51% to $3.6 million in 2021.
- Business Quant data shows PFSI's Amortizatization of Intangibles at $3.6 million in Q3 2021, $3.5 million in Q2 2021, and $3.4 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 4.41 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 206,000.00 |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | - |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | 2.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 3.62 Mn |
| Sep 30, 2021 | 3.62 Mn |
| Jun 30, 2021 | 3.54 Mn |
| Jun 30, 2021 | 3.54 Mn |
| Mar 31, 2021 | 3.38 Mn |
| Mar 31, 2021 | 3.38 Mn |
| Dec 31, 2020 | 3.11 Mn |
| Dec 31, 2020 | 3.11 Mn |
| Sep 30, 2020 | 3.16 Mn |
| Sep 30, 2020 | 3.16 Mn |
| Jun 30, 2020 | 3.03 Mn |
| Jun 30, 2020 | 3.03 Mn |
| Mar 31, 2020 | 2.99 Mn |
| Mar 31, 2020 | 2.99 Mn |
| Dec 31, 2019 | 2.90 Mn |
| Dec 31, 2019 | 2.90 Mn |
| Sep 30, 2019 | 158.72 Mn |
| Sep 30, 2019 | 158.72 Mn |
| Jun 30, 2019 | 159.20 Mn |
| Jun 30, 2019 | 159.20 Mn |