PennyMac Financial Services (PFSI) Change in Loans (2017 - 2022)
PennyMac Financial Services (PFSI) posted quarterly Change in Loans of $16.2 billion for Q3 2022, down 58.47% year-over-year from $39.0 billion in Q3 2021, and down 17.16% quarter-over-quarter from $19.6 billion in Q2 2022.
PennyMac Financial Services (PFSI) Change in Loans (2017 - 2022) Analysis & Trends
PennyMac Financial Services (PFSI) has reported Change in Loans for 6 consecutive years, with $16.2 billion the latest figure, recorded in Q3 2022.
- In Q3 2022, Change in Loans fell 58.47% year-over-year to $16.2 billion; the TTM figure through Sep 2022 stood at $103.5 billion (down 32.68% YoY), while the FY2021 annual figure was $154.5 billion, up 50.19% from the prior year.
- Change in Loans declined to $16.2 billion in Q3 2022 per PFSI's latest filing, from $19.6 billion in the prior quarter.
- Across five years, Change in Loans topped out at $41.7 billion in Q2 2021 and bottomed at $8.5 billion in Q1 2019.
- Historically, Change in Loans has averaged $22.6 billion across 5 years, with a median of $19.6 billion in 2022.
- Annual changes were most pronounced in 2020 — Change in Loans soared 126.52% — and 2022, when it slumped 58.47%.
- PennyMac Financial Services' Change in Loans stood at $10.3 billion in 2018, then surged by 113.83% to $22.1 billion in 2019, then surged by 61.01% to $35.6 billion in 2020, then increased by 2.16% to $36.4 billion in 2021, then plunged by 55.46% to $16.2 billion in 2022.
- Business Quant data shows PFSI's Change in Loans at $16.2 billion in Q3 2022, $19.6 billion in Q2 2022, and $31.3 billion in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Loans (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 | 5.00 Bn |
| 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 | - | - |
| 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 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 16.22 Bn |
| Jun 30, 2022 | 19.57 Bn |
| Mar 31, 2022 | 31.27 Bn |
| Dec 31, 2021 | 36.40 Bn |
| Sep 30, 2021 | 39.04 Bn |
| Jun 30, 2021 | 41.74 Bn |
| Mar 31, 2021 | 37.27 Bn |
| Dec 31, 2020 | 35.63 Bn |
| Sep 30, 2020 | 26.68 Bn |
| Jun 30, 2020 | 21.19 Bn |
| Mar 31, 2020 | 19.34 Bn |
| Dec 31, 2019 | 22.13 Bn |
| Sep 30, 2019 | 17.90 Bn |
| Jun 30, 2019 | 12.65 Bn |
| Mar 31, 2019 | 8.54 Bn |
| Dec 31, 2018 | 10.35 Bn |
| Sep 30, 2018 | 11.38 Bn |
| Jun 30, 2018 | 11.73 Bn |
| Mar 31, 2018 | 11.10 Bn |
| Dec 31, 2017 | 12.14 Bn |