1st Source Corporation (SRCE) — Financial statements
Income statement, balance sheet, and cash flow for 1st Source Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 600↑5.2% | 570↑12.4% | 508↑31.8% | 385↑8.5% | 355 | |
| Cost of Revenue | 178↓9.0% | 196↑35.8% | 144↑230.6% | 44↑215.2% | 14 | |
| Gross Profit | 422↑12.6% | 375↑3.1% | 363↑6.4% | 341↑0.1% | 341 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 102↓20.2% | 128↑5.4% | 122↑11.8% | 109↑0.2% | 108 | |
| Selling & Marketing Expenses | 9 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 111↓13.3% | 128↑5.4% | 122↑11.8% | 109↑0.2% | 108 | |
| Other Expenses | 106↑40.1% | 76↓5.8% | 80↑5.6% | 76↓1.2% | 77 | |
| Operating Expenses | 217↑6.5% | 204↑0.9% | 202↑9.2% | 185↓0.3% | 185 | |
| Total Costs & Expenses | 395↓1.1% | 399↑15.4% | 346↑51.5% | 228↑14.2% | 200 | |
| Operating Results | ||||||
| Operating Income | 205↑19.9% | 171↑5.8% | 162↑3.1% | 157↑1.2% | 155 | |
| Depreciation & Amortization | 9↓27.7% | 12↓20.1% | 15↓19.0% | 19↓20.5% | 24 | |
| EBITDA | 214↑16.7% | 183↑3.5% | 177↑0.7% | 176↓1.7% | 179 | |
| EBIT | 205↑19.9% | 171↑5.8% | 162↑3.1% | 157↑1.2% | 155 | |
| Interest & Other Income | ||||||
| Net Interest Income | 348↑15.7% | 301↑8.0% | 279↑5.8% | 263↑11.3% | 237 | |
| Interest Income | 514↑6.3% | 484↑16.1% | 417↑41.9% | 294↑15.3% | 255 | |
| Interest Expense | 166↓9.3% | 183↑32.5% | 138↑355.6% | 30↑67.3% | 18 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -0.71 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 204↑19.5% | 171↑5.8% | 162↑3.1% | 157↑1.2% | 155 | |
| Income Tax Expense | 46↑20.0% | 38↑4.6% | 37↑1.4% | 36↓0.2% | 36 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 158↑19.3% | 133↑6.2% | 125↑3.7% | 121↑1.7% | 119 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 158↑19.3% | 133↑6.2% | 125↑3.7% | 121↑1.7% | 119 | |
| Bottom-Line Net Income | 158↑19.9% | 131↑6.2% | 124↑3.5% | 120↑1.6% | 118 | |
| EPS (Basic) | 6.46↑20.5% | 5.36↑6.6% | 5.03↑3.9% | 4.84↑3.0% | 4.70 | |
| EPS (Diluted) | 6.46↑20.5% | 5.36↑6.6% | 5.03↑3.9% | 4.84↑3.0% | 4.70 | |
| Weighted Average Shares | 24↓0.4% | 24↓0.5% | 25↓0.3% | 25↓1.4% | 25 | |
| Weighted Average Diluted Shares | 24↓0.4% | 24↓0.5% | 25↓0.3% | 25↓1.4% | 25 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.