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1st Source Corporation SRCE Gain (Loss) on Sale of Mortgage Loans

Gain (Loss) on Sale of Mortgage Loans at other companies

Simmons First National logo
Simmons First NationalSFNC
$2.06M+2.5%
Bank First Corporation logo
Bank First CorporationBFC
$1.08M+222%
Customers Bancorp logo
Customers BancorpCUBI
$1.04M+52,100%
Associated Banc-Corp logo
Associated Banc-CorpASB
$0+100%
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
$1.89M+209%
First Merchants Corporation logo
First Merchants CorporationFRME

Other financials

Income statement

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Revenue$113.1M+8.7%
Net income$40.0M+6.5%
EPS (diluted)$1.63+7.2%

Balance sheet

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Cash & equivalents$118.8M-46.7%
Total debt$289.2M+373%
Total equity$1.3B+10.0%
Total assets$9.1B+1.7%

Cash flow

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Operating cash flow$59.1M-17.6%
CapEx$1.0M-58.8%
Free cash flow$58.1M-16.1%

Valuation

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Market cap$1.93B+14.7%

Profitability

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Net margin36.3%+0.9pp
FCF margin45.6%-7.1pp

Returns & leverage

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Return on equity13.2%+0.2pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by 1st Source Corporation in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnSaleOfMortgageLoans.

The official record: 1st Source Corporation’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 1st Source Corporation's gain (loss) on sale of mortgage loans?
1st Source Corporation (SRCE) reported gain (loss) on sale of mortgage loans of $277K in Q1 2026.
How has 1st Source Corporation's gain (loss) on sale of mortgage loans changed year-over-year?
1st Source Corporation's gain (loss) on sale of mortgage loans increased by 628.9% year-over-year, from $38K to $277K.
What is the long-term trend for 1st Source Corporation's gain (loss) on sale of mortgage loans?
Over 2 years (2021 to 2025), 1st Source Corporation's gain (loss) on sale of mortgage loans has grown at a -50.6% compound annual growth rate (CAGR), from $7.07M to $1.73M.
What does gain (loss) on sale of mortgage loans mean?
Represents the net profit or loss realized from the sale of mortgage loans held for sale to secondary market investors. This figure captures the spread between the sale price and the carrying value of the loans, reflecting the company's pricing power and market conditions. It serves as a primary indicator of the performance and efficiency of the mortgage banking operations.