1St Source (SRCE) Operating Expenses (2010 - 2026)
1St Source's (SRCE) quarterly Operating Expenses came in at $54.5 million in Q1 2026, up 2.71% year-on-year from $53.1 million in Q1 2025, and down 3.61% quarter-over-quarter from $56.6 million in Q4 2025.
1St Source (SRCE) Operating Expenses (2010 - 2026) Analysis & Trends
1St Source has disclosed Operating Expenses across 17 years of filings, most recently posting $54.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $54.5 million, up 2.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $218.3 million (up 4.96% YoY), and the FY2025 annual result was $216.8 million, up 6.5% from the prior year.
- Operating Expenses came in at $54.5 million for Q1 2026 at 1St Source, down 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.
- The 5-year median for Operating Expenses is $50.2 million (2023), against an average of $50.7 million.
- Across the five-year window, Operating Expenses retreated 5.69% in 2022 and rose 10.67% in 2023, its largest moves.
- 1St Source's 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 dropped by 3.61% to $54.5 million in 2026.
- The last three Operating Expenses figures came in at $54.5 million (Q1 2026), $56.6 million (Q4 2025), and $54.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | 1St Source | 1.90 Bn | 1.94 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 |