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
DateValue
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