Operating
Changes in fair value of mortgage servicing rights
PNC Financial Services Changes in fair value of mortgage servicing rights increased by 54.3% to $108.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.5%, from $191.00M to $108.00M.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryMarket Position
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase in value typically occurs when interest rates rise, slowing prepayments; a decrease occurs when rates fall, accelerating prepayments.
Detailed definition
This represents the change in the fair value of the right to service mortgage loans for third-party investors. Valuation...
Peer comparison
Specific to mortgage-heavy financial institutions; peers with large mortgage servicing portfolios report similar adjustments.
Metric ID:
operating_mortgage_servicing_rights_valuation_adjustmentHistorical Data
15 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $93.00M | -$264.00M | -$171.00M | -$200.00M | $174.00M | -$199.00M | $361.00M | -$43.00M | $66.00M | $274.00M | $191.00M | $137.00M | $94.00M | $70.00M | $108.00M |
| QoQ Change | — | -383.9% | +35.2% | -17.0% | +187.0% | -214.4% | +281.4% | -111.9% | +253.5% | +315.2% | -30.3% | -28.3% | -31.4% | -25.5% | +54.3% |
| YoY Change | — | — | — | — | +165.9% | +0.5% | — | -124.7% | — | +237.7% | +544.2% | +107.6% | -65.7% | — | -43.5% |
Range-$264.00M – $361.00M
CAGR+4.4%
Avg YoY Growth+102.7%
Median YoY Growth+54.0%
Changes in fair value of mortgage servicing rights at Other Companies
Frequently Asked Questions
- What is PNC Financial Services's changes in fair value of mortgage servicing rights?
- PNC Financial Services (PNC) reported changes in fair value of mortgage servicing rights of $108.00M in Q1 2026.
- How has PNC Financial Services's changes in fair value of mortgage servicing rights changed year-over-year?
- PNC Financial Services's changes in fair value of mortgage servicing rights decreased by 43.5% year-over-year, from $191.00M to $108.00M.
- What does changes in fair value of mortgage servicing rights mean?
- The change in value of the bank's right to collect mortgage payments for others.