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Alpine Income Property Trust PINE Payments to Acquire Mortgage Servicing Rights (MSR)

Payments to Acquire Mortgage Servicing Rights (MSR) at other companies

Merchants Bancorp logo
Merchants BancorpMBIN
$125K
Regions Financial logo
Regions FinancialRF
$4M-20.0%
Alpine Income Property Trust logo
Alpine Income Property TrustPINE
$465K-43.2%
New York Mortgage Trust logo
New York Mortgage TrustADAM
$0-100%
Onity Group logo
Onity GroupONIT
$186.8M+90.4%
Two Harbors Investment Corporation logo
Two Harbors Investment CorporationTWO
$985K-34.9%

Other financials

Income statement

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Revenue$18.4M+29.6%
Operating income$6.6M+192%
Net income$2.2M+285%
EPS (diluted)$0.06+175%

Balance sheet

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Cash & equivalents$2.6M-57.3%
Total debt$362.5M+0.8%
Total equity$312.5M+29.7%
Total assets$745.1M+15.1%

Cash flow

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Operating cash flow$4.4M-25.2%

Valuation

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Market cap$334.63M+56.4%
Enterprise value$694.49M+22.4%
P/S5.2×+1.2×

Profitability

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Operating margin27%+1.6pp
Net margin6.7%-9.6pp

Returns & leverage

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Return on equity1.3%-1.7pp
Debt / equity1.2×-0.3×

Where this comes from

Reported directly by Alpine Income Property Trust in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireMortgageServicingRightsMSR.

The official record: Alpine Income Property Trust’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alpine Income Property Trust's payments to acquire mortgage servicing rights (MSR)?
Alpine Income Property Trust (PINE) reported payments to acquire mortgage servicing rights (MSR) of $465K in Q1 2026.
How has Alpine Income Property Trust's payments to acquire mortgage servicing rights (MSR) changed year-over-year?
Alpine Income Property Trust's payments to acquire mortgage servicing rights (MSR) decreased by 43.2% year-over-year, from $819K to $465K.
What does payments to acquire mortgage servicing rights (MSR) mean?
Represents cash outflows used to purchase the contractual right to service mortgage loans on behalf of investors. This activity reflects the company's investment in fee-generating assets that provide recurring servicing income. It is a key indicator of capital allocation toward mortgage-related service portfolios.