1St Source (SRCE) Research & Development (2021 - 2026)
1St Source's (SRCE) quarterly Research & Development came in at $7.5 million in Q2 2026, up 1.11% year-over-year from $7.4 million in Q2 2025, and down 1.07% quarter-over-quarter from $7.6 million in Q1 2026.
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Analysis
1St Source (SRCE) Research & Development (2021 - 2026) Analysis & Trends
1St Source has disclosed Research & Development across 6 years of filings, most recently posting $7.5 million for Q2 2026.
- In Q2 2026, Research & Development rose 1.11% year-over-year to $7.5 million; the TTM figure through Jun 2026 stood at $30.2 million (up 3.96% YoY), while the FY2025 annual figure was $29.8 million, up 8.26% from the prior year.
- Research & Development came in at $7.5 million for Q2 2026 at 1St Source, down from $7.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $7.6 million in Q3 2025 to a low of $5.2 million in Q1 2022.
- Average Research & Development over 5 years is $6.7 million, with a median of $6.6 million recorded in 2024.
- Year-over-year, Research & Development increased 18.64% in 2022 and advanced 1.11% in 2026.
- Over 5 years, Research & Development stood at $6.0 million in 2022, then climbed by 6.34% to $6.3 million in 2023, then climbed by 15.96% to $7.4 million in 2024, then climbed by 2.88% to $7.6 million in 2025, then retreated by 0.96% to $7.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $7.5 million in Q2 2026, $7.6 million in Q1 2026, and $7.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | 1St Source | 2.07 Bn | 2.11 Bn | - | 7.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.49 Mn |
| Mar 31, 2026 | 7.57 Mn |
| Dec 31, 2025 | 7.57 Mn |
| Sep 30, 2025 | 7.58 Mn |
| Jun 30, 2025 | 7.41 Mn |
| Mar 31, 2025 | 7.29 Mn |
| Dec 31, 2024 | 7.35 Mn |
| Sep 30, 2024 | 7.00 Mn |
| Jun 30, 2024 | 6.71 Mn |
| Mar 31, 2024 | 6.50 Mn |
| Dec 31, 2023 | 6.34 Mn |
| Sep 30, 2023 | 6.29 Mn |
| Jun 30, 2023 | 6.27 Mn |
| Mar 31, 2023 | 6.16 Mn |
| Dec 31, 2022 | 5.96 Mn |
| Sep 30, 2022 | 5.80 Mn |
| Jun 30, 2022 | 5.40 Mn |
| Mar 31, 2022 | 5.21 Mn |
| Dec 31, 2021 | 5.03 Mn |
| Sep 30, 2021 | 4.95 Mn |
API Access
1St Source Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SRCE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SRCE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SRCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();