1St Source (SRCE) Interest Expenses (2010 - 2026)
1St Source (SRCE) posted quarterly Interest Expenses of $62.5 million for Q2 2026, down 20.93% year-on-year from $79.1 million in Q2 2025, and up 8.75% on a QoQ basis from $57.5 million in Q1 2026.
1St Source (SRCE) Interest Expenses (2010 - 2026) Analysis & Trends
1St Source (SRCE) has reported Interest Expenses for 17 consecutive years, with $62.5 million the latest figure, recorded in Q2 2026.
- Quarterly Interest Expenses fell 20.93% year-over-year to $62.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $62.5 million (down 20.93% YoY) and the FY2025 annual result came in at $178.0 million, down 2.85% from the prior year.
- Interest Expenses grew to $62.5 million in Q2 2026 per SRCE's latest filing, from $57.5 million in the prior quarter.
- Over the last five years, Interest Expenses for SRCE reached as high as $213.1 million in Q3 2022 and fell as low as -$88.3 million in Q4 2023.
- A 5-year average of $96.0 million and a median of $94.3 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 1894.81% — and 2023, when it plunged 960.55%.
- Year by year, Interest Expenses stood at -$8.3 million in 2022, then tumbled by 960.55% to -$88.3 million in 2023, then soared by 141.71% to $36.8 million in 2024, then advanced by 7.82% to $39.7 million in 2025, then jumped by 57.58% to $62.5 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $62.5 million, $57.5 million, and $39.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 259,661.44 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -2.73 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -32,586.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 3.52 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 19.98 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.30 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 2.53 Bn |
| 10 | 1St Source | 2.35 Bn | 2.39 Bn | - | 62.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.55 Mn |
| Jun 30, 2026 | 62.55 Mn |
| Mar 31, 2026 | 57.51 Mn |
| Mar 31, 2026 | 57.51 Mn |
| Dec 31, 2025 | 39.69 Mn |
| Dec 31, 2025 | 39.69 Mn |
| Sep 30, 2025 | 66.73 Mn |
| Sep 30, 2025 | 66.73 Mn |
| Jun 30, 2025 | 79.10 Mn |
| Jun 30, 2025 | 79.10 Mn |
| Mar 31, 2025 | 91.74 Mn |
| Mar 31, 2025 | 91.74 Mn |
| Dec 31, 2024 | 36.81 Mn |
| Dec 31, 2024 | 36.81 Mn |
| Sep 30, 2024 | 96.77 Mn |
| Sep 30, 2024 | 96.77 Mn |
| Jun 30, 2024 | 138.74 Mn |
| Jun 30, 2024 | 138.74 Mn |
| Mar 31, 2024 | 143.85 Mn |
| Mar 31, 2024 | 143.85 Mn |