1St Source (SRCE) Rent Expense (2010 - 2026)

1St Source's Rent Expense history runs 17 years deep, the most recent figure standing at $3.5 million for Q1 2026.

• In Q1 2026, Rent Expense rose 10.05% year-over-year to $3.5 million; the TTM figure through Mar 2026 stood at $13.0 million (up 7.24% YoY), while the FY2025 annual figure was $12.7 million, up 6.58% from the prior year.
• Rent Expense came in at $3.5 million for Q1 2026 at 1St Source, up from $3.4 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.
• A 5-year average of $2.9 million and a median of $2.9 million in 2023 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense slipped 6.72% in 2023 and gained 14.26% in 2024, its largest moves.
• 1St Source's Rent Expense stood at $2.8 million in 2022, then rose by 4.06% to $2.9 million in 2023, then grew by 3.38% to $3.0 million in 2024, then increased by 11.77% to $3.4 million in 2025, then increased by 4.97% to $3.5 million in 2026.
• According to Business Quant data, Rent Expense over the past three periods registered $3.5 million, $3.4 million, and $3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison