Skip to content

1st Source Corporation SRCE Amortization of Mortgage Servicing Rights (MSRs)

Amortization of Mortgage Servicing Rights (MSRs) at other companies

M/I Homes logo
M/I HomesMHO
$328K+27.6%
Community Financial System logo
Community Financial SystemCBU
$208K+7.2%
Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
$54K+5.9%
First Busey Corporation logo
First Busey CorporationBUSE
$203K+20.8%
1st Source Corporation logo
1st Source CorporationSRCE
$189K+7.4%
Arbor Realty Trust logo
Arbor Realty TrustABR
$18.29M+3.0%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$1.9B+14.7%
Enterprise value$2.07B+41.9%
P/E11.8×0.0×
P/S4.3×+0.1×

Profitability

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

Returns & leverage

See full
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:AmortizationOfMortgageServicingRightsMSRs.

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

Ask your AI about 1st Source Corporation's amortization of mortgage servicing rights (msrs).

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is 1st Source Corporation's amortization of mortgage servicing rights (msrs)?
1st Source Corporation (SRCE) reported amortization of mortgage servicing rights (msrs) of $189K in Q1 2026.
How has 1st Source Corporation's amortization of mortgage servicing rights (msrs) changed year-over-year?
1st Source Corporation's amortization of mortgage servicing rights (msrs) increased by 7.4% year-over-year, from $176K to $189K.
What is the long-term trend for 1st Source Corporation's amortization of mortgage servicing rights (msrs)?
Over 4 years (2021 to 2025), 1st Source Corporation's amortization of mortgage servicing rights (msrs) has grown at a -22.4% compound annual growth rate (CAGR), from $2.12M to $767K.
What does amortization of mortgage servicing rights (msrs) mean?
Represents the periodic non-cash expense recognized to reduce the carrying value of capitalized mortgage servicing rights over their estimated economic life. As the expected future cash flows from servicing mortgage loans decline, the asset is amortized to reflect this consumption of value. This metric is critical for evaluating the long-term profitability of the mortgage banking segment.