1St Source (SRCE) Rent Expense (2010 - 2026)
1St Source (SRCE) posted quarterly Rent Expense of $3.4 million for Q2 2026, up 11.6% year-on-year from $3.0 million in Q2 2025, and down 4.54% on a QoQ basis from $3.5 million in Q1 2026.
1St Source (SRCE) Rent Expense (2010 - 2026) Analysis & Trends
1St Source (SRCE) has reported Rent Expense for 17 consecutive years, with $3.4 million the latest figure, recorded in Q2 2026.
- Quarterly Rent Expense rose 11.6% year-over-year to $3.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $13.4 million (up 9.0% YoY) and the FY2025 annual result came in at $12.7 million, up 6.58% from the prior year.
- Rent Expense eased to $3.4 million in Q2 2026 per SRCE's latest filing, from $3.5 million in the prior quarter.
- Over the last five years, Rent Expense for SRCE reached as high as $3.5 million in Q1 2026 and fell as low as $2.5 million in Q2 2022.
- A 5-year average of $3.0 million and a median of $3.0 million in 2023 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2023 — Rent Expense fell 6.72% — and 2024, when it grew 14.26%.
- Year by year, Rent Expense stood at $2.8 million in 2022, then grew by 4.06% to $2.9 million in 2023, then advanced by 3.38% to $3.0 million in 2024, then climbed by 11.77% to $3.4 million in 2025, then climbed by 0.21% to $3.4 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $3.4 million, $3.5 million, and $3.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | 1St Source | 2.35 Bn | 2.39 Bn | - | 3.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.39 Mn |
| Jun 30, 2026 | 3.39 Mn |
| Mar 31, 2026 | 3.55 Mn |
| Mar 31, 2026 | 3.55 Mn |
| Dec 31, 2025 | 3.38 Mn |
| Dec 31, 2025 | 3.38 Mn |
| Sep 30, 2025 | 3.09 Mn |
| Sep 30, 2025 | 3.09 Mn |
| Jun 30, 2025 | 3.04 Mn |
| Jun 30, 2025 | 3.04 Mn |
| Mar 31, 2025 | 3.22 Mn |
| Mar 31, 2025 | 3.22 Mn |
| Dec 31, 2024 | 3.02 Mn |
| Dec 31, 2024 | 3.02 Mn |
| Sep 30, 2024 | 3.01 Mn |
| Sep 30, 2024 | 3.01 Mn |
| Jun 30, 2024 | 2.91 Mn |
| Jun 30, 2024 | 2.91 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Mar 31, 2024 | 3.00 Mn |