1St Source (SRCE) Operating Expenses (2010 - 2026)
1St Source (SRCE) posted Operating Expenses of $55.0 million for Q2 2026, up 0.93% sequentially from $54.5 million in Q1 2026, and up 4.95% YoY from $52.4 million in Q2 2025.
1St Source (SRCE) Operating Expenses (2010 - 2026) Analysis & Trends
1St Source has reported Operating Expenses for 17 years, with the latest figure at $55.0 million in Q2 2026.
- Quarterly Operating Expenses rose 4.95% year-over-year to $55.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $220.9 million (up 4.91% YoY) and the FY2025 annual result came in at $216.8 million, up 6.5% from the prior year.
- Operating Expenses grew to $55.0 million in Q2 2026 per SRCE's latest filing, from $54.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $56.6 million in Q4 2025 and troughed at $45.3 million in Q3 2022.
- A 5-year average of $50.9 million and a median of $50.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slipped 5.69% in 2022, then advanced 10.67% in 2023.
- Over 5 years, Operating Expenses stood at $48.4 million in 2022, then grew by 9.5% to $53.0 million in 2023, then increased by 2.33% to $54.2 million in 2024, then gained by 4.33% to $56.6 million in 2025, then decreased by 2.71% to $55.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $55.0 million, $54.5 million, and $56.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.30 Bn | 85.10 Bn | - | - |
| 2 | Pnc Financial Services | 97.65 Bn | 97.65 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 95.86 Bn | 95.86 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.80 Bn | -144.29 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.82 Bn | -81.49 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 71.11 Bn | 57.43 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.60 Bn | 61.60 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.50 Bn | 25.77 Bn | - | 2.11 Bn |
| 10 | 1St Source | 2.06 Bn | 2.06 Bn | - | 55.03 Mn |
Historic Data
Download 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 |