1St Source (SRCE) Operating Expenses (2010 - 2026)
1St Source (SRCE) reported Operating Expenses of $54.5 million for Q1 2026, up 2.71% on a YoY basis from $53.1 million in Q1 2025, and down 3.61% sequentially from $56.6 million in Q4 2025.
1St Source (SRCE) Operating Expenses (2010 - 2026) Analysis & Trends
1St Source (SRCE) has 17 years of Operating Expenses data on file, last reported at $54.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 2.71% year-over-year to $54.5 million; the trailing twelve-month figure through Mar 2026 stood at $218.3 million (up 4.96% YoY), and the FY2025 full-year result was $216.8 million, up 6.5% from the prior year.
- Operating Expenses declined to $54.5 million in Q1 2026, from $56.6 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.
- A 5-year average of $50.7 million and a median of $50.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses retreated 5.69% in 2022 and rose 10.67% in 2023, its largest moves.
- Tracing SRCE's Operating Expenses over 5 years: stood at $48.4 million in 2022, then gained by 9.5% to $53.0 million in 2023, then advanced by 2.33% to $54.2 million in 2024, then grew by 4.33% to $56.6 million in 2025, then slipped by 3.61% to $54.5 million in 2026.
- Business Quant data shows SRCE's Operating Expenses at $54.5 million in Q1 2026, $56.6 million in Q4 2025, and $54.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | -20.00 Mn |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | -1.06 Bn |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | -287,925.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | -3.86 Bn |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -2.75 Bn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 3.77 Bn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 4.27 Bn |
| 10 | 1St Source | 2.09 Bn | 2.09 Bn | - | 54.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 45.20 Mn |