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
DateValue
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