1St Source (SRCE) Rent Expense (2010 - 2026)
1St Source's (SRCE) quarterly Rent Expense came in at $3.5 million in Q1 2026, up 10.05% year-on-year from $3.2 million in Q1 2025, and up 4.97% quarter-over-quarter from $3.4 million in Q4 2025.
1St Source (SRCE) Rent Expense (2010 - 2026) Analysis & Trends
1St Source has disclosed Rent Expense across 17 years of filings, most recently posting $3.5 million for Q1 2026.
- Rent Expense for Q1 2026 came in at $3.5 million, up 10.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.0 million (up 7.24% YoY), and the FY2025 annual result 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.
- The 5-year median for Rent Expense is $2.9 million (2023), against an average of $2.9 million.
- Across the five-year window, Rent Expense decreased 6.72% in 2023 and rose 14.26% in 2024, its largest moves.
- 1St Source's 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 4.97% to $3.5 million in 2026.
- The last three Rent Expense figures came in at $3.5 million (Q1 2026), $3.4 million (Q4 2025), and $3.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | 1St Source | 1.90 Bn | 1.94 Bn | - | 3.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 2.93 Mn |
| Dec 31, 2023 | 2.93 Mn |