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Other financials

Income statement

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Revenue$118.2M+9.2%
EPS (diluted)$1.95+29.1%

Balance sheet

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Cash & equivalents$127.3M-14.6%
Total debt$199.5M+81.3%
Total equity$1.3B+9.3%
Total assets$9.3B+1.9%

Cash flow

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Operating cash flow$50.8M+13.1%
CapEx$1.4M-20.5%
Free cash flow$49.3M+14.6%

Valuation

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Market cap$2.15B+48.6%
Enterprise value$2.22B+57.8%
P/E12.6×+2.3×
P/S4.8×+1.2×

Profitability

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Net margin37.7%+3.1pp
FCF margin46%-4.5pp

Returns & leverage

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Return on equity13.6%+1.0pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by 1st Source Corporation in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: 1st Source Corporation’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000034782-26-000045
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income tax expense14,05510,80325,44420,980
Net income47,54237,32687,50374,849
Net loss (income) attributable to noncontrolling interests2(7)(3)(10)
Net income available to common shareholders$47,544$37,319$87,500$74,839
Per common share:
Basic net income per common share$1.95$1.51$3.58$3.02
Diluted net income per common share$1.95$1.51$3.58$3.02
Basic weighted average common shares outstanding24,073,38224,541,38524,174,46324,544,120

Item 1. Financial Statements (Unaudited)

FAQ

What is 1st Source Corporation's net income?
1st Source Corporation (SRCE) reported net income of $47.54M in Q2 2026.
How has 1st Source Corporation's net income changed year-over-year?
1st Source Corporation's net income increased by 27.4% year-over-year, from $37.32M to $47.54M.
What is the long-term trend for 1st Source Corporation's net income?
Over 4 years (2021 to 2025), 1st Source Corporation's net income has grown at a 7.5% compound annual growth rate (CAGR), from $118.56M to $158.25M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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