1St Source (SRCE) Operating Expenses (2010 - 2026)
1St Source's (SRCE) quarterly Operating Expenses came in at $55.0 million in Q2 2026, up 4.95% year-over-year from $52.4 million in Q2 2025, and up 0.93% quarter-over-quarter from $54.5 million in Q1 2026.
1St Source (SRCE) Operating Expenses (2010 - 2026) Analysis & Trends
1St Source has disclosed Operating Expenses across 17 years of filings, most recently posting $55.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.95% year-over-year to $55.0 million; the TTM figure through Jun 2026 stood at $220.9 million (up 4.91% YoY), while the FY2025 annual figure was $216.8 million, up 6.5% from the prior year.
- Operating Expenses came in at $55.0 million for Q2 2026 at 1St Source, up from $54.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $56.6 million in Q4 2025 to a low of $45.3 million in Q3 2022.
- Average Operating Expenses over 5 years is $50.9 million, with a median of $50.5 million recorded in 2023.
- Year-over-year, Operating Expenses decreased 5.69% in 2022 and gained 10.67% in 2023.
- Over 5 years, Operating Expenses stood at $48.4 million in 2022, then advanced by 9.5% to $53.0 million in 2023, then climbed by 2.33% to $54.2 million in 2024, then increased by 4.33% to $56.6 million in 2025, then fell by 2.71% to $55.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $55.0 million in Q2 2026, $54.5 million in Q1 2026, and $56.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | 1St Source | 2.07 Bn | 2.11 Bn | - | 55.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.03 Mn |
| Mar 31, 2026 | 54.52 Mn |
| Dec 31, 2025 | 56.56 Mn |
| Sep 30, 2025 | 54.78 Mn |
| Jun 30, 2025 | 52.43 Mn |
| Mar 31, 2025 | 53.08 Mn |
| Dec 31, 2024 | 54.21 Mn |
| Sep 30, 2024 | 50.83 Mn |
| Jun 30, 2024 | 49.86 Mn |
| Mar 31, 2024 | 48.70 Mn |
| Dec 31, 2023 | 52.97 Mn |
| Sep 30, 2023 | 50.17 Mn |
| Jun 30, 2023 | 49.17 Mn |
| Mar 31, 2023 | 49.42 Mn |
| Dec 31, 2022 | 48.38 Mn |
| Sep 30, 2022 | 45.33 Mn |
| Jun 30, 2022 | 45.66 Mn |
| Mar 31, 2022 | 45.34 Mn |
| Dec 31, 2021 | 48.75 Mn |
| Sep 30, 2021 | 48.06 Mn |
1St Source Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SRCE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SRCE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SRCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();