1St Source (SRCE) Tax Rate (2010 - 2026)

1St Source's (SRCE) quarterly Tax Rate came in at 22.18% in Q1 2026, up 84.0% year-on-year from 12.05% in Q1 2025, and down 4.45% quarter-over-quarter from 23.21% in Q4 2025.

1St Source (SRCE) Tax Rate (2010 - 2026) Analysis & Trends

1St Source has disclosed Tax Rate across 17 years of filings, most recently posting 22.18% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 22.18%, up 84.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.75% (up 53.0% YoY), and the FY2025 annual result was 22.57%, up 9.0% from the prior year.
  • Tax Rate came in at 22.18% for Q1 2026 at 1St Source, down from 23.21% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 24.28% in Q4 2022 to a low of 21.34% in Q1 2025.
  • The 5-year median for Tax Rate is 22.85% (2022), against an average of 22.66%.
  • Across the five-year window, Tax Rate plunged 209 bps in 2023 and jumped 169 bps in 2025, its largest moves.
  • 1St Source's Tax Rate stood at 24.28% in 2022, then retreated by 9 bps to 22.19% in 2023, then declined by 3 bps to 21.53% in 2024, then climbed by 8 bps to 23.21% in 2025, then decreased by 4 bps to 22.18% in 2026.
  • The last three Tax Rate figures came in at 22.18% (Q1 2026), 23.21% (Q4 2025), and 23.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 1St Source 1.90 Bn 1.94 Bn - 22.18%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.18%
Mar 31, 2026 22.18%
Dec 31, 2025 23.21%
Dec 31, 2025 23.21%
Sep 30, 2025 23.11%
Sep 30, 2025 23.11%
Jun 30, 2025 22.45%
Jun 30, 2025 22.45%
Mar 31, 2025 21.34%
Mar 31, 2025 21.34%
Dec 31, 2024 21.53%
Dec 31, 2024 21.53%
Sep 30, 2024 23.07%
Sep 30, 2024 23.07%
Jun 30, 2024 22.88%
Jun 30, 2024 22.88%
Mar 31, 2024 22.24%
Mar 31, 2024 22.24%
Dec 31, 2023 22.19%
Dec 31, 2023 22.19%