David Spector
Chairman and Chief Executive Officer, PennyMac Financial Services, Inc.
Replay available
PennyMac Financial Services, Inc. (PFSI) Q3 2025 Earnings Call
PennyMac Financial Services, Inc. (NYSE: PFSI) Q3 2025 earnings conference call, held 2025-10-21. Replay captured from the company's public earnings webcast.
Hosted by
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Dan Perotti
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Pennymac Financial Services, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.836 Good afternoon, and welcome to PennyMac Financial Services, Inc.' 's third quarter 2025 00:00:05.836 -- 00:00:10.921 earnings call. Additional earnings materials, including presentation slides 00:00:10.921 -- 00:00:16.026 that will be referred to on this call, are available on PennyMac Financial's website 00:00:16.026 -- 00:00:18.246 at pfsi.pennymac.com. 00:00:20.249 -- 00:00:25.034 Before we begin, let me remind you that this call may contain forward-looking statements 00:00:25.034 -- 00:00:30.170 that are subject to certain risks identified on slide two of the earnings presentation 00:00:30.170 -- 00:00:34.955 that could cause the company's actual results to differ materially, as well as non-GAAP 00:00:34.955 -- 00:00:40.060 measures that have been reconciled to their GAAP equivalent in the earnings materials. 00:00:40.060 -- 00:00:44.985 Now I'd like to introduce David Spector, PennyMac Financial's Chairman and Chief Executive 00:00:44.985 -- 00:00:50.130 Officer, and Dan Perotti, PennyMac Financial's Chief Financial Officer. 00:00:50.130 -- 00:00:52.590 You may go ahead. 00:00:54.174 -- 00:00:58.879 Thank you, operator. Good afternoon, and thank you to everyone for participating in our 00:00:58.879 -- 00:01:04.044 third quarter earnings call. As shown on slide three, CFSI 00:01:04.044 -- 00:01:09.212 delivered outstanding financial and operational results in the third quarter, with 00:01:09.212 -- 00:01:14.680 an 18% return on equity on both the GAAP and operating basis. 00:01:14.680 -- 00:01:19.907 These results highlight the strategic advantage of our balanced business model, our ability 00:01:19.907 -- 00:01:25.435 to rapidly address refinance opportunities as they arise, and the success of our dynamic 00:01:25.435 -- 00:01...