WESTLAKE VILLAGE, Calif. (AP) _ PennyMac Financial Services Inc. (PFSI) on Thursday reported net income of $37.6 million in its fourth quarter.
The Westlake Village, California-based company said it had profit of 71 cents per share. Earnings, adjusted for non-recurring costs, were 89 cents per share.
The mortgage banking and investment management company posted revenue of $340.4 million in the period.
For the year, the company reported profit of $475.5 million, or $8.50 per share. Revenue was reported as $1.99 billion.
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