1St Source (SRCE) Rent Expense (2016 - 2026)
1St Source has reported Rent Expense over the past 15 years, most recently at $3.5 million for Q1 2026.
- Quarterly Rent Expense rose 10.05% to $3.5 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $13.0 million through Mar 2026, up 7.24% year-over-year, with the annual reading at $12.7 million for FY2025, 6.58% up from the prior year.
- Rent Expense was $3.5 million for Q1 2026 at 1St Source, up from $3.4 million in the prior quarter.
- Over five years, Rent Expense peaked at $3.5 million in Q1 2026 and troughed at $2.5 million in Q2 2022.
- The 5-year median for Rent Expense is $2.9 million (2023), against an average of $2.9 million.
- Biggest five-year swings in Rent Expense: fell 6.72% in 2023 and later grew 14.26% in 2024.
- Tracing SRCE's Rent Expense over 5 years: stood at $2.8 million in 2022, then increased by 4.06% to $2.9 million in 2023, then rose by 3.38% to $3.0 million in 2024, then grew by 11.77% to $3.4 million in 2025, then grew by 4.97% to $3.5 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods came in at $3.5 million, $3.4 million, and $3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.