1St Source (SRCE) Rent Expense (2010 - 2026)
1St Source's (SRCE) quarterly Rent Expense came in at $3.4 million in Q2 2026, up 11.6% year-over-year from $3.0 million in Q2 2025, and down 4.54% quarter-over-quarter from $3.5 million in Q1 2026.
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Analysis
1St Source (SRCE) Rent Expense (2010 - 2026) Analysis & Trends
1St Source has disclosed Rent Expense across 17 years of filings, most recently posting $3.4 million for Q2 2026.
- In Q2 2026, Rent Expense rose 11.6% year-over-year to $3.4 million; the TTM figure through Jun 2026 stood at $13.4 million (up 9.0% YoY), while the FY2025 annual figure was $12.7 million, up 6.58% from the prior year.
- Rent Expense came in at $3.4 million for Q2 2026 at 1St Source, down from $3.5 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $3.5 million in Q1 2026 to a low of $2.5 million in Q2 2022.
- Average Rent Expense over 5 years is $3.0 million, with a median of $3.0 million recorded in 2023.
- Year-over-year, Rent Expense slipped 6.72% in 2023 and gained 14.26% in 2024.
- Over 5 years, Rent Expense stood at $2.8 million in 2022, then increased by 4.06% to $2.9 million in 2023, then climbed by 3.38% to $3.0 million in 2024, then grew by 11.77% to $3.4 million in 2025, then grew by 0.21% to $3.4 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $3.4 million in Q2 2026, $3.5 million in Q1 2026, and $3.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | 1St Source | 2.07 Bn | 2.11 Bn | - | 3.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.39 Mn |
| Mar 31, 2026 | 3.55 Mn |
| Dec 31, 2025 | 3.38 Mn |
| Sep 30, 2025 | 3.09 Mn |
| Jun 30, 2025 | 3.04 Mn |
| Mar 31, 2025 | 3.22 Mn |
| Dec 31, 2024 | 3.02 Mn |
| Sep 30, 2024 | 3.01 Mn |
| Jun 30, 2024 | 2.91 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 2.93 Mn |
| Sep 30, 2023 | 2.87 Mn |
| Jun 30, 2023 | 2.68 Mn |
| Mar 31, 2023 | 2.62 Mn |
| Dec 31, 2022 | 2.81 Mn |
| Sep 30, 2022 | 2.58 Mn |
| Jun 30, 2022 | 2.52 Mn |
| Mar 31, 2022 | 2.81 Mn |
| Dec 31, 2021 | 2.62 Mn |
| Sep 30, 2021 | 2.65 Mn |
API Access
1St Source Rent Expense 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=rent-expense&ticker=SRCE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "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=rent-expense&ticker=SRCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();