Company research
1ST SOURCE CORP
CIK 34782Updated Sep 24, 2026
SecuritySRCE · NASDAQ · equity
SRCE price & chart
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Recent filings
4 filing
4 filing
Regulation FD Disclosure
Items 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 9,055,270,000Source | 8,931,938,000Source | 8,727,958,000Source | 8,339,416,000Source |
| Property, Plant and Equipment, NetUSD | 58,318,000Source | 53,456,000Source | 46,159,000Source | 44,773,000Source |
| GoodwillUSD | 83,900,000Source | 83,900,000Source | 83,900,000Source | 83,870,000Source |
| Operating Lease, Right-of-Use AssetUSD | 20,130,000Source | 21,076,000Source | 21,692,000Source | 20,916,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 7,737,180,000Source | 7,750,432,000Source | 7,659,695,000Source | 7,415,650,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 436,538,000Source | 436,538,000Source | 436,538,000Source | 436,538,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,015,160,000Source | 890,937,000Source | 789,842,000Source | 694,862,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,274,971,000Source | 1,111,068,000Source | 989,568,000Source | 864,068,000Source |
| Liabilities and EquityUSD | 9,055,270,000Source | 8,931,938,000Source | 8,727,958,000Source | 8,339,416,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 43,119,000Source | 70,438,000Source | 78,695,000Source | 59,698,000Source |
| Additional Financial Items | ||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after TaxUSD | -34,777,000Source | -87,232,000Source | -106,323,000Source | -147,690,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 158,259,000Source | 132,618,000Source | 124,934,000Source | 120,532,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 6,198,000Source | 5,655,000Source | 4,891,000Source | 3,587,000Source |
| Deferred Income Tax Expense (Benefit)USD | -5,404,000Source | 2,432,000Source | -9,462,000Source | -9,461,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 223,117,000Source | 193,853,000Source | 187,936,000Source | 175,530,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -154,220,000Source | -276,605,000Source | -358,286,000Source | -784,872,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 10,082,000Source | 12,367,000Source | 5,980,000Source | 2,380,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 13,870,000Source | 178,000Source | 12,469,000Source | 6,836,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -73,866,000Source | 77,910,000Source | 177,221,000Source | 206,952,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 38,430,000Source | 35,396,000Source | 33,074,000Source | 32,102,000Source |
| Repayments of Long-term DebtUSD | 2,347,000Source | 12,630,000Source | 3,450,000Source | 25,530,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 119,857,000Source | 124,826,000Source | 129,668,000Source | 122,797,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 177,976,000Source | 176,227,000Source | 114,739,000Source | 26,233,000Source |
| Income Taxes Paid, NetUSD | -6,685,000Source | 11,281,000Source | 17,799,000Source | 23,258,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 260,000Source | 20,000Source | 110,000Source | 20,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -8,679,000Source | -3,889,000Source | -2,926,000Source | -184,000Source |
| Depreciation, NonproductionUSD | 5,069,000Source | 4,457,000Source | 4,452,000Source | 4,596,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | 1,711,000Source | 906,000Source | 923,000Source | 1,611,000Source |
| GoodwillUSD | 83,900,000Source | 83,900,000Source | 83,900,000Source | 83,870,000Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 46,118,000Source | 38,439,000Source | 36,746,000Source | 36,255,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -18,000Source | -5,000Source | 7,000Source | 23,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 158,277,000Source | 132,623,000Source | 124,927,000Source | 120,509,000Source |
| Other Interest and Dividend IncomeUSD | 5,830,000Source | 5,925,000Source | 3,663,000Source | 2,579,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 382,291,000Source | 368,190,000Source | 145,006,000Source | 206,426,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | 18,990,000Source | 6,466,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -4,315,000Source | -2,332,000Source | — | — |
| Provision for Loan, Lease, and Other LossesUSD | 12,562,000Source | 12,466,000Source | 5,866,000Source | 13,245,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 10,512,000Source | 13,663,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | 46,118,000Source | 38,439,000Source | 36,746,000Source | 36,255,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -18,000Source | -5,000Source | 7,000Source | 23,000Source |
| Earnings Per Share, BasicUSD per share | 6.41Source | 5.36Source | 5.03Source | 4.84Source |
| Earnings Per Share, DilutedUSD per share | 6.41Source | 5.36Source | 5.03Source | 4.84Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 24,487,374Source | 24,496,148Source | 24,615,546Source | 24,687,324Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 24,487,374Source | 24,496,148Source | 24,615,546Source | 24,687,324Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 260,000Source | 20,000Source | 110,000Source | 20,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.52Source | 1.4Source | 1.3Source | 1.26Source |
| Current Income Tax Expense (Benefit)USD | 51,522,000Source | 36,007,000Source | 46,208,000Source | 45,716,000Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 138,260,000Source | 30,347,000Source |
| InterestExpenseOperatingUSD | 166,219,000Source | 183,200,000Source | — | — |
| Interest Income (Expense), NetUSD | 348,175,000Source | 300,817,000Source | 278,647,000Source | 263,469,000Source |
| Labor and Related ExpenseUSD | 129,564,000Source | 121,909,000Source | 115,612,000Source | 105,110,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 158,277,000Source | 132,623,000Source | 124,927,000Source | 120,509,000Source |
| Other Interest and Dividend IncomeUSD | 5,830,000Source | 5,925,000Source | 3,663,000Source | 2,579,000Source |