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1st Source (SRCE) Financials

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$87.16 +0.47 (+0.54%)
Closing price 09/11/2026 04:00 PM Eastern
Extended Trading
$87.16 0.00 (-0.01%)
As of 09/11/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for 1st Source

Annual Income Statements for 1st Source

This table shows 1st Source's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
57 58 68 82 92 81 119 121 125 133 158
Consolidated Net Income / (Loss)
57 58 68 82 92 81 119 121 125 133 158
Net Income / (Loss) Continuing Operations
57 58 68 82 92 81 119 121 125 133 158
Total Pre-Tax Income
89 89 101 105 120 106 155 157 162 171 204
Total Revenue
250 259 284 311 325 330 337 355 369 387 434
Net Interest Income / (Expense)
167 170 186 214 224 226 237 263 279 301 348
Total Interest Income
185 192 212 257 283 263 255 294 417 484 514
Loans and Leases Interest Income
169 176 195 234 258 243 235 264 387 451 471
Investment Securities Interest Income
15 15 16 21 22 19 18 27 26 27 38
Other Interest Income
1.00 1.24 1.39 1.65 2.23 1.28 1.37 2.58 3.66 5.93 5.83
Total Interest Expense
18 22 27 43 59 37 18 30 138 183 166
Deposits Interest Expense
11 15 19 35 50 30 12 25 123 167 156
Short-Term Borrowings Interest Expense
0.48 0.53 1.12 2.84 1.93 0.52 0.12 1.50 7.03 8.98 1.58
Long-Term Debt Interest Expense
1.97 2.09 2.44 2.32 2.91 2.87 2.48 0.07 3.89 3.17 4.69
Federal Funds Purchased and Securities Sold Interest Expense
4.22 4.22 4.00 3.63 3.68 3.37 3.27 3.55 4.17 4.22 4.03
Total Non-Interest Income
83 89 99 97 101 104 100 91 91 86 86
Service Charges on Deposit Accounts
- 40 - 45 46 46 52 53 54 57 59
Other Service Charges
37 17 16 17 20 19 20 22 27 23 28
Net Realized & Unrealized Capital Gains on Investments
0.00 1.80 4.34 -0.35 0.00 0.28 -0.68 -0.18 -2.93 -3.89 -8.68
Other Non-Interest Income
27 30 79 36 35 39 28 16 12 9.38 7.12
Provision for Credit Losses
2.16 5.83 8.98 19 16 36 -4.30 13 5.87 12 13
Total Non-Interest Expense
159 164 174 186 189 187 186 185 202 204 217
Salaries and Employee Benefits
86 87 87 94 97 102 106 105 116 122 130
Net Occupancy & Equipment Expense
28 29 31 33 35 36 36 39 42 45 49
Marketing Expense
4.84 4.94 7.48 6.11 6.30 4.16 8.01 5.82 7.16 6.88 8.86
Property & Liability Insurance Claims
3.41 3.15 2.54 2.92 1.80 2.61 2.68 3.63 5.93 6.14 5.79
Other Operating Expenses
18 18 20 24 23 23 20 22 24 19 21
Depreciation Expense
18 22 25 26 25 20 14 10 7.09 4.07 2.42
Income Tax Expense
31 31 33 23 28 25 36 36 37 38 46
Net Income / (Loss) Attributable to Noncontrolling Interest
- 0.00 0.00 0.00 0.06 0.02 0.02 0.02 0.01 -0.01 -0.02
Basic Earnings per Share
$2.17 $2.22 $2.60 $3.16 $3.57 $3.17 $4.70 $4.84 $5.03 $5.36 $6.41
Weighted Average Basic Shares Outstanding
26.17M 25.88M 25.95M 25.94M 25.53M 25.30M 24.75M 24.70M 24.46M 24.55M 24.33M
Diluted Earnings per Share
$2.17 $2.22 $2.60 $3.16 $3.57 $3.17 $4.70 $4.84 $5.03 $5.36 $6.41
Weighted Average Diluted Shares Outstanding
26.17M 25.88M 25.95M 25.94M 25.53M 25.30M 24.75M 24.70M 24.46M 24.55M 24.33M
Weighted Average Basic & Diluted Shares Outstanding
26.17M 25.88M 25.95M 25.94M 25.53M 25.30M 24.75M 24.70M 24.46M 24.55M 24.33M
Cash Dividends to Common per Share
$0.67 $0.72 $0.76 $0.96 $1.10 $1.13 $1.21 $1.26 $1.30 $1.40 $1.52

Quarterly Income Statements for 1st Source

This table shows 1st Source's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders
28 29 37 35 31 38 37 42 41 40 48
Consolidated Net Income / (Loss)
28 29 37 35 31 38 37 42 41 40 48
Net Income / (Loss) Continuing Operations
28 29 37 35 31 38 37 42 41 40 48
Total Pre-Tax Income
37 38 48 45 40 48 48 55 54 51 62
Total Revenue
91 94 97 98 98 104 108 111 111 113 118
Net Interest Income / (Expense)
71 72 74 75 79 81 85 89 93 90 93
Total Interest Income
115 116 121 123 123 123 127 131 133 126 131
Loans and Leases Interest Income
107 109 113 115 114 114 117 120 120 113 117
Investment Securities Interest Income
6.30 6.34 6.15 6.37 7.90 8.43 8.90 9.10 11 12 13
Other Interest Income
1.17 0.93 1.91 1.66 1.43 1.31 1.09 1.54 1.89 0.70 1.56
Total Interest Expense
43 45 47 48 44 42 42 42 40 36 38
Deposits Interest Expense
39 40 43 44 40 40 39 40 37 33 34
Short-Term Borrowings Interest Expense
1.88 3.10 2.16 1.51 2.21 0.23 0.81 0.31 0.23 1.72 1.51
Long-Term Debt Interest Expense
1.67 0.65 0.81 1.40 0.32 1.27 1.10 1.17 1.15 0.70 1.00
Federal Funds Purchased and Securities Sold Interest Expense
1.07 1.06 1.06 1.05 1.04 1.01 1.01 1.01 1.00 1.00 0.97
Total Non-Interest Income
20 22 23 22 18 23 23 22 18 23 25
Service Charges on Deposit Accounts
14 14 15 14 15 14 15 15 15 15 17
Other Service Charges
6.64 5.98 5.84 5.86 5.77 7.47 7.14 7.27 6.46 6.65 6.75
Net Realized & Unrealized Capital Gains on Investments
-2.88 - 0.00 0.00 -3.89 0.00 -1.00 -1.88 - 0.00 0.01
Other Non-Interest Income
2.68 2.62 2.54 2.18 2.04 1.75 1.90 1.72 1.75 1.60 1.40
Provision for Credit Losses
1.91 7.48 -0.31 1.72 2.71 3.27 7.69 0.90 0.71 7.27 1.54
Total Non-Interest Expense
53 49 50 51 55 53 52 55 57 55 55
Salaries and Employee Benefits
30 30 29 31 32 32 32 32 33 33 33
Net Occupancy & Equipment Expense
11 11 11 12 12 12 12 12 13 13 13
Marketing Expense
2.34 1.74 2.03 1.67 1.44 1.93 1.88 2.85 2.20 1.90 2.06
Property & Liability Insurance Claims
1.62 1.66 1.63 1.42 1.44 1.44 1.44 1.45 1.46 1.45 1.45
Other Operating Expenses
6.60 3.80 5.09 4.04 7.43 5.02 4.56 5.47 6.14 5.31 5.39
Depreciation Expense
1.52 1.29 1.00 0.91 0.88 0.72 0.62 0.56 0.52 0.45 0.42
Income Tax Expense
8.11 8.43 11 10 8.62 10 11 13 12 11 14
Net Income / (Loss) Attributable to Noncontrolling Interest
-0.01 0.01 0.01 -0.02 -0.00 0.00 0.01 -0.02 -0.01 0.01 -0.00
Basic Earnings per Share
$1.16 $1.19 $1.49 $1.41 $1.27 $1.52 $1.51 $1.71 $1.67 $1.63 $1.95
Weighted Average Basic Shares Outstanding
24.46M 24.46M 24.50M 24.51M 24.55M 24.55M 24.54M 24.47M 24.33M 24.28M 24.07M
Diluted Earnings per Share
$1.16 $1.19 $1.49 $1.41 $1.27 $1.52 $1.51 $1.71 $1.67 $1.63 $1.95
Weighted Average Diluted Shares Outstanding
24.46M 24.46M 24.50M 24.51M 24.55M 24.55M 24.54M 24.47M 24.33M 24.28M 24.07M
Weighted Average Basic & Diluted Shares Outstanding
24.46M 24.49M 24.51M 24.52M 24.55M 24.56M 24.54M 24.43M 24.33M 24.07M 24.08M

Annual Cash Flow Statements for 1st Source

This table details how cash moves in and out of 1st Source's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
14 29 -30 21 -16 160 282 -402 6.87 -4.84 -4.97
Net Cash From Operating Activities
101 98 140 160 165 154 167 176 188 194 223
Net Cash From Continuing Operating Activities
101 98 140 160 165 154 167 176 188 194 223
Net Income / (Loss) Continuing Operations
57 58 68 82 92 81 119 121 125 133 158
Consolidated Net Income / (Loss)
57 58 68 82 92 81 119 121 125 133 158
Provision For Loan Losses
2.16 5.83 8.98 19 16 36 -4.30 13 5.87 12 13
Depreciation Expense
23 27 31 32 31 26 19 15 12 8.53 7.48
Amortization Expense
6.08 7.34 6.54 4.43 8.37 11 12 8.42 7.86 5.54 0.66
Non-Cash Adjustments to Reconcile Net Income
8.42 -2.31 3.57 4.49 -14 -13 18 3.27 0.70 11 7.05
Changes in Operating Assets and Liabilities, net
3.40 2.49 22 17 31 13 3.42 15 37 24 37
Net Cash From Investing Activities
-382 -310 -485 -458 -334 -583 -599 -785 -358 -277 -154
Net Cash From Continuing Investing Activities
-382 -310 -485 -458 -261 -583 -599 -785 -358 -277 -154
Purchase of Property, Leasehold Improvements and Equipment
-64 -39 -51 -24 -5.54 24 0.03 4.33 -1.74 -7.56 -7.98
Purchase of Investment Securities
-465 -523 -931 -664 -744 -1,086 -1,109 -1,120 -676 -858 -908
Sale and/or Maturity of Investments
147 252 522 244 454 535 535 349 370 624 787
Other Investing Activities, net
- - -24 -14 34 -55 -25 -18 -51 -34 -25
Net Cash From Financing Activities
295 240 315 319 154 588 714 207 177 78 -74
Net Cash From Continuing Financing Activities
295 240 315 319 -208 588 714 207 177 78 -74
Net Change in Deposits
336 195 419 370 -126 589 733 249 110 191 -4.46
Issuance of Debt
0.00 80 20 0.00 -53 15 49 16 97 -63 -11
Issuance of Common Equity
0.15 0.12 0.15 0.15 0.05 0.04 0.09 0.25 0.08 0.15 0.13
Repayment of Debt
-14 -6.43 -104 -17 -2.70 -2.91 -13 -26 -3.45 -13 -2.35
Repurchase of Common Equity
-9.97 -8.03 -0.04 -9.27 -15 -6.42 -33 -6.84 -12 -0.18 -14
Payment of Dividends
-18 -19 -20 -26 -29 -30 -31 -32 -33 -35 -38
Other Financing Activities, Net
- 0.00 0.00 1.51 19 23 9.36 6.47 19 -2.33 -4.32
Cash Interest Paid
17 22 26 - - - - 26 115 176 178
Cash Income Taxes Paid
30 20 11 - - - - 23 18 11 -6.69

Quarterly Cash Flow Statements for 1st Source

This table details how cash moves in and out of 1st Source's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents
19 -49 188 -100 -45 98 -74 65 -94 -1.05 8.50
Net Cash From Operating Activities
44 42 50 68 34 72 45 51 55 59 51
Net Cash From Continuing Operating Activities
44 42 50 69 34 72 45 51 55 59 51
Net Income / (Loss) Continuing Operations
28 29 37 35 31 38 37 42 41 40 48
Consolidated Net Income / (Loss)
28 29 37 35 31 38 37 42 41 40 48
Provision For Loan Losses
1.91 7.48 0.06 3.11 2.71 3.27 7.69 0.90 0.71 7.27 1.54
Depreciation Expense
2.55 2.32 2.07 2.08 2.06 1.91 1.87 1.84 1.87 1.83 1.83
Amortization Expense
1.77 1.71 1.71 1.40 0.72 0.28 0.01 0.27 0.10 0.30 -0.00
Non-Cash Adjustments to Reconcile Net Income
2.18 2.15 -0.86 1.24 8.84 0.99 -8.56 2.17 12 3.22 3.70
Changes in Operating Assets and Liabilities, net
7.32 -1.16 10 26 -12 28 6.51 3.69 -0.84 6.56 -3.85
Net Cash From Investing Activities
-148 -24 -32 35 -256 39 -180 100 -114 -67 -146
Net Cash From Continuing Investing Activities
-148 -24 -32 35 -256 39 -180 100 -114 -67 -146
Purchase of Property, Leasehold Improvements and Equipment
-1.17 1.81 -1.77 -1.70 -5.89 -1.61 -1.23 -3.34 -1.79 -1.13 -0.89
Purchase of Investment Securities
-245 -112 -164 -108 -474 -83 -315 -95 -416 -146 -231
Sale and/or Maturity of Investments
119 97 140 150 237 128 139 203 317 90 90
Other Investing Activities, net
-21 -10 -5.86 -5.48 -13 -4.51 -2.45 -4.77 -13 -10 -3.71
Net Cash From Financing Activities
123 -67 170 -203 178 -13 61 -86 -35 7.24 104
Net Cash From Continuing Financing Activities
123 -67 170 -203 178 -13 61 -86 -35 7.24 104
Net Change in Deposits
71 17 141 -70 104 188 25 -33 -184 2.02 205
Issuance of Debt
40 -63 39 -123 84 -188 49 -36 165 51 -90
Repayment of Debt
-0.07 -11 -0.28 -1.05 -0.04 -1.73 -0.19 -0.42 -0.01 -12 -0.19
Payment of Dividends
-8.59 -8.59 -8.60 -9.11 -9.10 -9.11 -9.63 -9.60 -10 -10 -11
Other Financing Activities, Net
20 -1.12 -0.34 -0.37 -0.51 -1.51 -0.26 -0.62 -1.93 -0.24 -0.09
Cash Interest Paid
- 42 - - - 49 46 40 43 37 37
Cash Income Taxes Paid
- 0.06 - - - -20 8.79 3.68 1.30 0.14 15

Annual Balance Sheets for 1st Source

This table presents 1st Source's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
5,188 5,486 5,887 6,294 6,623 7,316 8,096 8,339 8,728 8,932 9,055
Cash and Due from Banks
65 59 74 95 67 74 54 85 77 77 69
Federal Funds Sold
15 50 4.40 4.17 16 169 471 38 52 48 51
Trading Account Securities
802 866 917 1,001 1,061 1,210 1,876 1,779 1,624 1,539 1,527
Loans and Leases, Net of Allowance
3,907 4,100 4,433 4,735 4,974 5,349 5,219 5,872 6,371 6,699 6,885
Loans and Leases
3,995 4,188 4,528 4,835 5,086 5,489 5,346 6,011 6,519 6,855 7,047
Allowance for Loan and Lease Losses
88 89 95 100 111 141 127 139 148 156 162
Premises and Equipment, Net
164 176 194 187 164 114 95 76 67 65 65
Intangible Assets
85 84 84 84 - 84 84 84 84 84 84
Other Assets
152 153 181 188 256 316 297 405 453 420 374
Total Liabilities & Shareholders' Equity
5,188 5,486 5,887 6,294 6,623 7,316 8,096 8,339 8,728 8,932 9,055
Total Liabilities
4,544 4,814 5,169 5,530 5,774 6,386 7,127 7,416 7,660 7,750 7,737
Non-Interest Bearing Deposits
902 991 1,064 1,217 5,357 1,637 2,053 1,998 1,656 1,639 1,600
Interest Bearing Deposits
3,237 3,343 3,688 3,905 4,140 4,309 4,626 4,930 5,383 5,591 5,625
Federal Funds Purchased and Securities Sold
131 163 206 114 120 144 195 141 56 72 112
Short-Term Debt
103 129 8.76 86 25 7.08 5.30 74 257 177 126
Long-Term Debt
116 133 129 130 130 141 130 105 107 98 102
Other Long-Term Liabilities
55 55 73 79 -4,000 148 118 167 202 173 171
Total Equity & Noncontrolling Interests
644 673 719 764 849 931 969 924 1,068 1,182 1,318
Total Preferred & Common Equity
644 673 719 762 828 887 916 864 990 1,111 1,275
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
644 673 719 762 828 887 916 864 990 1,111 1,275
Common Stock
437 437 437 437 437 437 437 437 437 437 437
Retained Earnings
252 291 340 399 463 514 604 695 790 891 1,015
Treasury Stock
-51 -56 -55 -63 -77 -82 -114 -120 -130 -129 -142
Accumulated Other Comprehensive Income / (Loss)
6.56 1.34 -3.33 -11 5.17 18 -9.86 -148 -106 -87 -35
Noncontrolling Interest
- - 0.00 1.51 20 44 53 60 79 70 43

Quarterly Balance Sheets for 1st Source

This table presents 1st Source's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets
8,330 8,415 8,525 8,668 8,878 8,764 8,963 9,087 9,057 9,113 9,263
Cash and Due from Banks
67 87 76 42 90 100 88 89 75 68 67
Federal Funds Sold
27 26 35 39 180 69 135 60 139 51 60
Trading Account Securities
1,716 1,664 1,608 1,586 1,526 1,567 1,504 1,460 1,502 1,533 1,533
Loans and Leases, Net of Allowance
5,974 6,072 6,210 6,415 6,503 6,464 6,706 6,934 6,803 6,919 7,054
Loans and Leases
6,117 6,215 6,354 6,563 6,653 6,616 6,863 7,098 6,964 7,084 7,220
Allowance for Loan and Lease Losses
143 144 144 148 150 152 157 163 161 165 166
Premises and Equipment, Net
74 71 68 62 62 61 65 64 66 65 63
Intangible Assets
84 84 84 84 84 84 84 84 84 84 84
Other Assets
388 412 444 440 434 419 382 395 388 395 402
Total Liabilities & Shareholders' Equity
8,330 8,415 8,525 8,668 8,878 8,764 8,963 9,087 9,057 9,113 9,263
Total Liabilities
7,361 7,435 7,542 7,586 7,763 7,589 7,743 7,830 7,765 7,793 7,910
Non-Interest Bearing Deposits
1,815 1,722 1,681 1,618 1,579 1,636 1,651 1,584 1,634 1,656 1,606
Interest Bearing Deposits
4,986 5,255 5,287 5,437 5,617 5,490 5,766 5,859 5,776 5,572 5,826
Federal Funds Purchased and Securities Sold
73 69 48 83 71 64 60 58 72 153 63
Short-Term Debt
230 118 224 167 217 102 1.15 52 1.38 136 136
Long-Term Debt
105 105 105 98 98 98 100 101 101 94 95
Other Long-Term Liabilities
151 165 197 183 181 199 164 176 181 182 183
Total Equity & Noncontrolling Interests
968 980 983 1,082 1,115 1,175 1,221 1,257 1,291 1,321 1,353
Total Preferred & Common Equity
909 921 924 1,010 1,044 1,104 1,161 1,199 1,236 1,278 1,310
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
909 921 924 1,010 1,044 1,104 1,161 1,199 1,236 1,278 1,310
Common Stock
437 437 437 437 437 437 437 437 437 437 437
Retained Earnings
719 744 770 812 842 868 922 950 984 1,047 1,085
Treasury Stock
-119 -120 -131 -130 -129 -129 -129 -132 -138 -165 -165
Accumulated Other Comprehensive Income / (Loss)
-127 -140 -151 -109 -106 -71 -68 -57 -46 -41 -47
Noncontrolling Interest
59 59 59 72 71 71 59 59 55 43 43

Annual Metrics And Ratios for 1st Source

This table displays calculated financial ratios and metrics derived from 1st Source's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$2.17 $2.22 $2.60 $3.16 $3.57 $3.17 $4.70 $4.84 $5.03 $5.36 $6.41
Adjusted Weighted Average Basic Shares Outstanding
25.88M 25.91M 25.95M 25.80M 25.53M 25.30M 24.75M 24.70M 24.46M 24.55M 24.33M
Adjusted Diluted Earnings per Share
$2.17 $2.22 $2.60 $3.16 $3.57 $3.17 $4.70 $4.84 $5.03 $5.36 $6.41
Adjusted Weighted Average Diluted Shares Outstanding
25.88M 25.91M 25.95M 25.80M 25.53M 25.30M 24.75M 24.70M 24.46M 24.55M 24.33M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
25.88M 25.91M 25.95M 25.80M 25.53M 25.30M 24.75M 24.70M 24.46M 24.55M 24.33M
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for 1st Source

This table displays calculated financial ratios and metrics derived from 1st Source's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding
- - - - - - - - - 24,330,147.00 24,068,891.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 24,330,147.00 24,068,891.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 1.64 1.98
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-3.51% 1.27% 6.56% 4.53% 7.05% 10.60% 11.29% 12.99% - 8.74% 9.16%
EBITDA Growth
-11.57% -7.75% 8.87% 2.91% 4.87% 19.00% -2.90% 16.84% - 7.21% 26.81%
EBIT Growth
-10.95% -6.25% 13.43% 6.37% 9.68% 25.89% 0.85% 21.16% - 7.65% 27.98%
NOPAT Growth
-8.50% -5.36% 13.43% 6.00% 10.63% 27.36% 1.42% 21.09% - 6.50% 27.37%
Net Income Growth
-8.50% -5.36% 13.43% 6.00% 10.63% 27.36% 1.42% 21.09% - 6.50% 27.37%
EPS Growth
-6.45% -4.80% 14.62% 6.82% 9.48% 27.73% 1.34% 21.28% - 7.24% 29.14%
Operating Cash Flow Growth
0.83% -10.44% 11.64% 31.06% -24.02% 71.10% -10.27% -25.33% - -17.62% 13.15%
Free Cash Flow Firm Growth
-1,018.41% 93.76% -27.75% 68.89% 102.22% 557.20% 130.43% 183.88% - -402.53% -319.45%
Invested Capital Growth
29.76% 3.31% 18.80% 4.82% 1.73% -1.86% -1.42% 1.35% - 17.34% 12.35%
Revenue Q/Q Growth
-2.44% 2.92% 3.40% 0.68% -0.09% 6.33% 4.04% 2.22% - 2.08% 4.44%
EBITDA Q/Q Growth
-13.98% 2.63% 22.86% -5.12% -12.34% 16.45% 0.25% 14.18% - -3.70% 18.58%
EBIT Q/Q Growth
-14.40% 3.74% 25.95% -4.91% -11.73% 19.07% 0.90% 14.24% - -4.13% 19.96%
NOPAT Q/Q Growth
-13.73% 3.68% 24.92% -5.14% -9.96% 19.36% -0.53% 13.27% - -2.84% 18.97%
Net Income Q/Q Growth
-13.73% 3.68% 24.92% -5.14% -9.96% 19.36% -0.53% 13.27% - -2.84% 18.97%
EPS Q/Q Growth
-12.12% 2.59% 25.21% -5.37% -9.93% 19.69% -0.66% 13.25% - -2.40% 19.63%
Operating Cash Flow Q/Q Growth
-15.36% -4.96% 19.13% 36.76% -50.93% 114.02% -37.53% 13.81% - 6.71% -14.19%
Free Cash Flow Firm Q/Q Growth
-229.07% 95.44% -1,285.00% 85.04% 123.45% 841.22% -7.81% -58.77% - -286.85% 33.13%
Invested Capital Q/Q Growth
9.10% -5.92% 6.20% -3.84% 5.89% -9.24% 6.67% -1.14% - 0.30% 2.13%
Profitability Metrics
- - - - - - - - - - -
EBITDA Margin
44.69% 44.56% 52.95% 49.90% 43.78% 47.95% 46.20% 51.60% - 47.27% 53.67%
EBIT Margin
39.96% 40.28% 49.06% 46.34% 40.94% 45.85% 44.46% 49.69% - 45.39% 52.13%
Profit (Net Income) Margin
31.09% 31.32% 37.84% 35.65% 32.13% 36.07% 34.48% 38.21% - 35.32% 40.23%
Tax Burden Percent
77.81% 77.76% 77.12% 76.93% 78.47% 78.66% 77.55% 76.89% - 77.82% 77.18%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00% 100.00%
Effective Tax Rate
22.19% 22.24% 22.88% 23.07% 21.53% 21.34% 22.45% 23.11% - 22.18% 22.82%
Return on Invested Capital (ROIC)
9.06% 8.76% 10.81% 10.10% 8.61% 10.73% 9.91% 11.61% - 10.89% 12.17%
ROIC Less NNEP Spread (ROIC-NNEP)
9.06% 8.76% 10.81% 10.10% 8.61% 10.73% 9.91% 11.61% - 10.89% 12.17%
Return on Net Nonoperating Assets (RNNOA)
2.47% 2.56% 2.78% 2.48% 2.44% 1.71% 1.95% 1.42% - 1.42% 1.79%
Return on Equity (ROE)
11.53% 11.32% 13.60% 12.58% 11.06% 12.44% 11.86% 13.04% - 12.31% 13.96%
Cash Return on Invested Capital (CROIC)
-16.05% 6.05% -7.49% 4.94% 7.47% 12.42% 11.38% 9.39% - -4.77% -0.21%
Operating Return on Assets (OROA)
1.73% 1.76% 2.14% 2.04% 1.79% 2.07% 2.02% 2.35% - 2.22% 2.57%
Return on Assets (ROA)
1.35% 1.37% 1.65% 1.57% 1.41% 1.62% 1.57% 1.80% - 1.73% 1.99%
Return on Common Equity (ROCE)
10.73% 10.60% 12.75% 11.82% 10.32% 11.74% 11.21% 12.37% - 11.82% 13.41%
Return on Equity Simple (ROE_SIMPLE)
0.00% 12.21% 12.23% 11.74% 0.00% 12.11% 11.78% 12.02% - 12.57% 13.04%
Net Operating Profit after Tax (NOPAT)
28 29 37 35 31 38 37 42 - 40 48
NOPAT Margin
31.09% 31.32% 37.84% 35.65% 32.13% 36.07% 34.48% 38.21% - 35.32% 40.23%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00% 0.00%
SG&A Expenses to Revenue
47.29% 44.61% 43.33% 45.39% 46.34% 44.12% 42.32% 42.74% - 41.81% 40.42%
Operating Expenses to Revenue
57.95% 52.71% 50.88% 50.49% 56.29% 51.01% 48.43% 49.50% - 48.19% 46.57%
Earnings before Interest and Taxes (EBIT)
37 38 48 45 40 48 48 55 - 51 62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
41 42 52 49 43 50 50 57 - 53 63
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.32 1.24 1.24 1.31 1.28 1.26 1.26 1.21 - 1.32 1.50
Price to Tangible Book Value (P/TBV)
1.44 1.35 1.34 1.42 1.39 1.36 1.35 1.30 - 1.41 1.60
Price to Revenue (P/Rev)
3.52 3.37 3.43 3.81 3.68 3.70 3.69 3.57 - 3.80 4.34
Price to Earnings (P/E)
10.42 10.14 10.11 11.19 10.73 10.44 10.66 10.10 - 10.48 11.49
Dividend Yield
2.44% 2.58% 2.54% 2.33% 2.41% 2.37% 2.38% 2.42% - 2.25% 1.97%
Earnings Yield
9.60% 9.86% 9.89% 8.94% 9.32% 9.58% 9.38% 9.90% - 9.54% 8.71%
Enterprise Value to Invested Capital (EV/IC)
1.13 1.12 0.98 1.13 1.13 1.06 1.11 1.04 - 1.19 1.33
Enterprise Value to Revenue (EV/Rev)
4.37 4.06 3.74 4.08 4.25 3.54 3.84 3.43 - 4.15 4.66
Enterprise Value to EBITDA (EV/EBITDA)
8.91 8.48 7.74 8.48 8.88 7.28 8.18 7.22 - 8.50 9.19
Enterprise Value to EBIT (EV/EBIT)
9.98 9.46 8.54 9.27 9.61 7.77 8.64 7.56 - 8.84 9.53
Enterprise Value to NOPAT (EV/NOPAT)
12.92 12.21 11.03 11.98 12.39 9.99 11.10 9.72 - 11.44 12.34
Enterprise Value to Operating Cash Flow (EV/OCF)
8.59 8.23 7.48 7.59 8.48 6.29 7.17 7.17 - 8.73 9.75
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 18.79 0.00 23.40 15.24 8.48 9.70 11.10 - 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.34 0.25 0.28 0.17 0.23 0.08 0.12 0.08 - 0.17 0.17
Long-Term Debt to Equity
0.10 0.09 0.09 0.08 0.08 0.08 0.08 0.08 - 0.07 0.07
Financial Leverage
0.27 0.29 0.26 0.25 0.28 0.16 0.20 0.12 - 0.13 0.15
Leverage Ratio
8.57 8.29 8.25 8.01 7.85 7.66 7.57 7.22 - 7.11 7.03
Compound Leverage Factor
8.57 8.29 8.25 8.01 7.85 7.66 7.57 7.22 - 7.11 7.03
Debt to Total Capital
25.37% 19.69% 22.05% 14.55% 18.87% 7.65% 10.81% 7.35% - 14.83% 14.57%
Short-Term Debt to Total Capital
17.92% 12.40% 15.20% 7.43% 12.14% 0.09% 3.68% 0.10% - 8.76% 8.59%
Long-Term Debt to Total Capital
7.45% 7.29% 6.85% 7.12% 6.72% 7.56% 7.14% 7.25% - 6.08% 5.98%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00% 0.00%
Noncontrolling Interests to Total Capital
5.50% 5.32% 4.99% 5.16% 4.84% 4.47% 4.17% 3.94% - 2.77% 2.70%
Common Equity to Total Capital
69.13% 74.99% 72.96% 80.29% 76.30% 87.88% 85.02% 88.71% - 82.40% 82.73%
Debt to EBITDA
2.01 1.49 1.74 1.09 1.48 0.52 0.80 0.51 - 1.06 1.01
Net Debt to EBITDA
1.29 1.04 0.25 0.17 0.81 -0.63 0.02 -0.56 - 0.51 0.45
Long-Term Debt to EBITDA
0.59 0.55 0.54 0.54 0.53 0.52 0.53 0.51 - 0.44 0.41
Debt to NOPAT
2.91 2.15 2.47 1.54 2.07 0.72 1.08 0.69 - 1.43 1.35
Net Debt to NOPAT
1.87 1.49 0.36 0.24 1.13 -0.87 0.02 -0.75 - 0.69 0.61
Long-Term Debt to NOPAT
0.85 0.80 0.77 0.76 0.74 0.71 0.71 0.68 - 0.59 0.55
Noncontrolling Interest Sharing Ratio
6.95% 6.39% 6.22% 6.01% 6.63% 5.68% 5.49% 5.10% - 4.01% 3.89%
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-300 -14 -190 -28 6.65 63 58 24 - -189 -127
Operating Cash Flow to CapEx
3,789.70% 0.00% 2,817.70% 4,011.85% 569.43% 4,456.42% 3,649.47% 1,526.53% - 5,243.17% 5,734.46%
Free Cash Flow to Firm to Interest Expense
-6.94 -0.31 -4.02 -0.59 0.15 1.48 1.37 0.56 - -5.26 -3.34
Operating Cash Flow to Interest Expense
1.02 0.94 1.06 1.43 0.77 1.69 1.07 1.21 - 1.64 1.34
Operating Cash Flow Less CapEx to Interest Expense
0.99 0.98 1.02 1.40 0.63 1.66 1.04 1.13 - 1.61 1.31
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.05 - 0.05 0.05
Fixed Asset Turnover
5.16 5.43 5.67 5.89 5.89 6.25 6.46 6.64 - 6.85 7.09
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,431 1,347 1,430 1,375 1,456 1,322 1,410 1,394 - 1,551 1,584
Invested Capital Turnover
0.29 0.28 0.29 0.28 0.27 0.30 0.29 0.30 - 0.31 0.30
Increase / (Decrease) in Invested Capital
328 43 226 63 25 -25 -20 19 - 229 174
Enterprise Value (EV)
1,614 1,506 1,407 1,552 1,643 1,406 1,567 1,444 - 1,838 2,110
Market Capitalization
1,301 1,250 1,290 1,450 1,423 1,469 1,505 1,500 - 1,684 1,964
Book Value per Share
$40.51 $41.29 $42.61 $45.05 $45.32 $47.30 $48.80 $50.39 - $52.53 $54.44
Tangible Book Value per Share
$37.07 $37.86 $39.18 $41.63 $41.90 $43.89 $45.38 $46.97 - $49.08 $50.96
Total Capital
1,431 1,347 1,430 1,375 1,456 1,322 1,410 1,394 - 1,551 1,584
Total Debt
363 265 315 200 275 101 152 102 - 230 231
Total Long-Term Debt
107 98 98 98 98 100 101 101 - 94 95
Net Debt
234 184 46 31 150 -122 3.32 -112 - 111 103
Capital Expenditures (CapEx)
1.17 -1.81 1.77 1.70 5.89 1.61 1.23 3.34 - 1.13 0.89
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00
Net Nonoperating Obligations (NNO)
363 265 315 200 275 101 152 102 - 230 231
Total Depreciation and Amortization (D&A)
4.32 4.03 3.78 3.49 2.78 2.18 1.88 2.11 - 2.13 1.82
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.16 $1.19 $1.49 $1.41 $1.27 $1.52 $1.51 $1.71 $1.67 $1.63 $1.95
Adjusted Weighted Average Basic Shares Outstanding
24.46M 24.46M 24.50M 24.51M 24.55M 24.55M 24.54M 24.47M 24.33M 24.28M 24.07M
Adjusted Diluted Earnings per Share
$1.16 $1.19 $1.49 $1.41 $1.27 $1.52 $1.51 $1.71 $1.67 $1.63 $1.95
Adjusted Weighted Average Diluted Shares Outstanding
24.46M 24.46M 24.50M 24.51M 24.55M 24.55M 24.54M 24.47M 24.33M 24.28M 24.07M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
24.46M 24.49M 24.51M 24.52M 24.55M 24.56M 24.54M 24.43M 24.33M 24.07M 24.08M
Normalized Net Operating Profit after Tax (NOPAT)
28 29 37 35 31 38 37 42 - 40 48
Normalized NOPAT Margin
31.09% 31.32% 37.84% 35.65% 32.13% 36.07% 34.48% 38.21% - 35.32% 40.23%
Pre Tax Income Margin
39.96% 40.28% 49.06% 46.34% 40.94% 45.85% 44.46% 49.69% - 45.39% 52.13%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.84 0.85 1.01 0.95 0.91 1.13 1.15 1.30 - 1.43 1.62
NOPAT to Interest Expense
0.66 0.66 0.78 0.73 0.72 0.89 0.89 1.00 - 1.11 1.25
EBIT Less CapEx to Interest Expense
0.82 0.89 0.98 0.91 0.78 1.09 1.12 1.23 - 1.40 1.60
NOPAT Less CapEx to Interest Expense
0.63 0.70 0.74 0.70 0.58 0.85 0.86 0.92 - 1.08 1.23
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
26.47% 27.20% 26.60% 26.92% 26.69% 25.53% 26.17% 25.20% - 24.52% 23.70%
Augmented Payout Ratio
36.45% 36.69% 34.67% 26.92% 26.82% 25.98% 28.63% 31.83% - 47.40% 43.55%

Financials Breakdown Chart

Key Financial Trends

1st Source (NASDAQ:SRCE) delivered a stronger second quarter of 2026, with earnings growth supported by higher net interest income, lower credit-loss provisions and continued balance-sheet expansion. Net income rose to $47.5 million, or $1.95 per diluted share, from $37.3 million, or $1.51 per share, in Q2 2025. This represents approximately 27% growth in net income and 29% growth in earnings per share.

  • Net interest income continues to improve. Q2 2026 net interest income increased 9.3% year over year to $93.1 million. Total interest income rose to $131.1 million, while total interest expense declined nearly 10% to $37.9 million. Deposit interest expense, the company’s largest funding cost, fell to $34.5 million from $39.1 million a year earlier.
  • Revenue growth has accelerated. Total revenue reached $118.2 million in Q2 2026, up from $108.2 million in Q2 2025 and $97.3 million in Q2 2024. The latest quarter’s growth was driven primarily by net interest income and higher service-charge income.
  • Credit costs have normalized materially. The provision for credit losses fell to $1.5 million in Q2 2026 from $7.7 million in Q2 2025. The provision also declined from $7.3 million in Q1 2026, providing a significant lift to pretax income. Investors should note that the comparison benefits from unusually elevated provisions in 2025.
  • Loan balances have grown steadily over the longer term. Net loans and leases increased to $7.05 billion at June 30, 2026, from $6.50 billion in Q2 2024 and $5.63 billion in Q3 2022. The latest year-over-year increase was modest at approximately 1.7%, but the multiyear trend indicates expansion of the earning-asset base.
  • Capital and retained earnings have strengthened. Total equity and noncontrolling interests increased to $1.35 billion from $1.26 billion a year earlier and $1.11 billion in Q2 2024. Retained earnings rose to $1.08 billion, supporting balance-sheet growth and shareholder distributions.
  • Operating cash flow remains positive and substantial. Q2 2026 operating cash flow was $50.8 million, up from $44.9 million in Q2 2025. Operating cash flow has remained positive in every reported quarter in the supplied data, although it can vary significantly with changes in operating assets and liabilities.
  • Shareholder returns have continued to rise. The quarterly common dividend increased to $0.40 per share in Q1 2026 from $0.34 in Q1 2024 and $0.32 in Q1 2023. The company also repurchased $23.4 million of common equity in Q1 2026, reducing the weighted-average share count compared with the prior year.
  • Balance-sheet growth is being driven partly by securities. Total assets increased to $9.26 billion at June 30, 2026, from $9.09 billion a year earlier. Trading account securities were approximately $1.53 billion, while Q2 2026 cash flow showed $231.4 million of investment-security purchases against $89.7 million of sales and maturities.
  • Funding trends are mixed. Total deposits were broadly stable year over year at approximately $7.43 billion, but Q2 2026 financing cash flow benefited from a $204.6 million increase in deposits. The balance sheet also included $136.0 million of short-term debt and $94.8 million of long-term debt, making funding costs and deposit retention important areas to monitor.
  • Non-interest expenses remain elevated. Q2 2026 non-interest expense increased to $55.0 million from $52.4 million in Q2 2025. Salaries and employee benefits rose to $33.2 million, and occupancy and equipment expense remained above $12.5 million. Continued expense growth could limit the benefit of improving net interest margins.
  • Investment activity continues to consume cash. Net cash used in investing activities was $146.3 million in Q2 2026, compared with $179.6 million in Q2 2025. Although securities purchases can support future interest income, the recurring gap between purchases and sales or maturities increases liquidity and interest-rate sensitivity.
  • Loan-loss reserves are rising in absolute dollars. The allowance for loan and lease losses increased to $166.4 million from $163.5 million a year earlier. The allowance remained approximately 2.3% of gross loans, suggesting coverage has been broadly stable, but future deterioration in credit quality could require provisions to rise again.

Overall, SRCE’s recent results show a favorable combination of improving funding economics, steady loan growth and lower credit costs. Earnings have progressed from approximately $32.7 million in Q3 2022 to $47.5 million in Q2 2026, while net loans and total equity have also expanded. The main risks are slower deposit growth, continued investment-security outflows, rising operating expenses and the possibility that credit provisions return to more normal levels after the unusually low Q2 2026 charge.

09/13/26 01:39 PM ETAI Generated. May Contain Errors.

1st Source Financials - Frequently Asked Questions

According to the most recent income statement we have on file, 1st Source's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

1st Source's net income appears to be on an upward trend, with a most recent value of $158.26 million in 2025, rising from $57.49 million in 2015. The previous period was $132.62 million in 2024. Find out what analysts predict for 1st Source in the coming months.

Over the last 10 years, 1st Source's total revenue changed from $249.84 million in 2015 to $433.78 million in 2025, a change of 73.6%.

1st Source's total liabilities were at $7.74 billion at the end of 2025, a 0.2% decrease from 2024, and a 70.3% increase since 2015.

In the past 10 years, 1st Source's cash and equivalents has ranged from $54.42 million in 2021 to $94.91 million in 2018, and is currently $69.25 million as of their latest financial filing in 2025.



Financial statements for NASDAQ:SRCE last updated on 7/23/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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