1st Source Corporation (SRCE)
NASDAQ: SRCE · Real-Time Price · USD
87.95
+0.09 (0.10%)
At close: Oct 27, 2026, 4:00 PM EDT
87.80
-0.15 (-0.17%)
Pre-market: Oct 28, 2026, 8:02 AM EDT
1st Source Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Income on Loans | 469.49 | 471.01 | 451.33 | 387.3 | 263.89 | 235.03 |
Interest Income on Investments | 54.02 | 43.38 | 32.69 | 29.61 | 29.92 | 19.74 |
Total Interest Income | 523.51 | 514.39 | 484.02 | 416.91 | 293.82 | 254.77 |
Interest Paid on Deposits | 139.14 | 155.91 | 166.84 | 123.16 | 25.23 | 12.28 |
Interest Paid on Borrowings | 12.21 | 10.31 | 16.36 | 15.1 | 5.12 | 5.86 |
Total Interest Expense | 151.35 | 166.22 | 183.2 | 138.26 | 30.35 | 18.13 |
Net Interest Income | 372.16 | 348.18 | 300.82 | 278.65 | 263.47 | 236.64 |
Net Interest Income Growth | 11.34% | 15.74% | 7.96% | 5.76% | 11.34% | 4.79% |
Trust Income | 30.69 | 27.87 | 26.71 | 23.71 | 23.11 | 23.78 |
Mortgage Banking Activities | 3.99 | 4.1 | 4.21 | 3.47 | 4.12 | 11.01 |
Gain (Loss) on Sale of Investments | -10.38 | -9.45 | -4.75 | -2.93 | -0.18 | -0.68 |
Other Non-Interest Income | 51.91 | 49.9 | 47.26 | 53.62 | 52.07 | 54.58 |
Total Non-Interest Income | 90.25 | 85.6 | 86.31 | 90.62 | 91.26 | 99.28 |
Non-Interest Income Growth | 4.28% | -0.82% | -4.76% | -0.70% | -8.08% | -5.18% |
Revenues Before Loan Losses | 462.41 | 433.78 | 387.12 | 369.27 | 354.73 | 335.92 |
Provision for Loan Losses | 10.43 | 12.56 | 12.47 | 5.87 | 13.25 | -4.3 |
| 451.99 | 421.22 | 374.66 | 363.4 | 341.49 | 340.22 | |
Revenue Growth | 11.50% | 12.43% | 3.10% | 6.42% | 0.37% | 15.52% |
Salaries and Employee Benefits | 125.12 | 123.37 | 116.25 | 110.72 | 101.52 | 101.59 |
Occupancy Expenses | 9.74 | 8.91 | 8.08 | 7.35 | 7.18 | 7.02 |
Federal Deposit Insurance | 5.83 | 5.79 | 6.14 | 5.93 | 3.63 | 2.68 |
Selling, General & Administrative | 65.94 | 64.7 | 60.75 | 60.29 | 58.03 | 63.95 |
Other Non-Interest Expense | 14.7 | 14.08 | 11.54 | 17.43 | 14.29 | 10.9 |
Total Non-Interest Expense | 221.32 | 216.84 | 202.75 | 201.72 | 184.64 | 186.15 |
EBT Excluding Unusual Items | 230.67 | 204.38 | 171.91 | 161.68 | 156.85 | 154.07 |
Asset Writedown | - | - | - | - | -0.06 | 0.81 |
Other Unusual Items | - | - | -0.85 | - | - | - |
Pretax Income | 230.67 | 204.38 | 171.06 | 161.68 | 156.79 | 154.89 |
Income Tax Expense | 52.49 | 46.12 | 38.44 | 36.75 | 36.26 | 36.33 |
Earnings From Continuing Operations | 178.18 | 158.26 | 132.62 | 124.93 | 120.53 | 118.56 |
Minority Interest in Earnings | 0.01 | 0.02 | 0.01 | -0.01 | -0.02 | -0.02 |
Net Income | 178.18 | 158.28 | 132.62 | 124.93 | 120.51 | 118.53 |
Preferred Dividends & Other Adjustments | 1.86 | 1.41 | 1.23 | 1.19 | 1 | 0.93 |
Net Income to Common | 176.33 | 156.86 | 131.4 | 123.74 | 119.51 | 117.61 |
Net Income Growth | 19.71% | 19.38% | 6.19% | 3.53% | 1.62% | 45.37% |
Basic Shares Outstanding | 24 | 24 | 24 | 25 | 25 | 25 |
Diluted Shares Outstanding | 24 | 24 | 24 | 25 | 25 | 25 |
Shares Change | -1.28% | -0.04% | -0.48% | -0.29% | -1.40% | -1.91% |
EPS (Basic) | 7.28 | 6.41 | 5.36 | 5.03 | 4.84 | 4.70 |
EPS (Diluted) | 7.28 | 6.41 | 5.36 | 5.03 | 4.84 | 4.70 |
EPS Growth | 21.26% | 19.51% | 6.63% | 3.86% | 3.04% | 48.19% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 0.400 | 1.560 | 1.420 | 1.320 | 1.270 | 1.230 |
Dividend Growth | -73.68% | 9.86% | 7.58% | 3.94% | 3.25% | 8.85% |
Effective Tax Rate | 22.76% | 22.56% | 22.47% | 22.73% | 23.12% | 23.46% |