1St Source (SRCE) Research & Development (2021 - 2026)
1St Source (SRCE) posted Research & Development of $7.5 million for Q2 2026, down 1.07% sequentially from $7.6 million in Q1 2026, and up 1.11% YoY from $7.4 million in Q2 2025.
1St Source (SRCE) Research & Development (2021 - 2026) Analysis & Trends
1St Source has reported Research & Development for 6 years, with the latest figure at $7.5 million in Q2 2026.
- Quarterly Research & Development rose 1.11% year-over-year to $7.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.2 million (up 3.96% YoY) and the FY2025 annual result came in at $29.8 million, up 8.26% from the prior year.
- Research & Development declined to $7.5 million in Q2 2026 per SRCE's latest filing, from $7.6 million in the prior quarter.
- Over five years, Research & Development peaked at $7.6 million in Q3 2025 and troughed at $5.2 million in Q1 2022.
- A 5-year average of $6.7 million and a median of $6.6 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2026: Research & Development rose 18.64% in 2022, then climbed 1.11% in 2026.
- Over 5 years, Research & Development stood at $6.0 million in 2022, then increased by 6.34% to $6.3 million in 2023, then increased by 15.96% to $7.4 million in 2024, then increased by 2.88% to $7.6 million in 2025, then slipped by 0.96% to $7.5 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $7.5 million, $7.6 million, and $7.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 250.00 Mn |
| 10 | 1St Source | 2.07 Bn | 2.07 Bn | - | 7.49 Mn |
Historic Data
Download 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 |