1st Source Corporation SRCE Business development and marketing
Business development and marketing at other companies
Other financials
Where this comes from
Reported directly by 1st Source Corporation in its filing.
Tagged under the XBRL concept source:BusinessDevelopmentAndMarketingExpense.
The official record: 1st Source Corporation’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is 1st Source Corporation's business development and marketing?
- 1st Source Corporation (SRCE) reported business development and marketing of $1.9M in Q1 2026.
- How has 1st Source Corporation's business development and marketing changed year-over-year?
- 1st Source Corporation's business development and marketing decreased by 1.1% year-over-year, from $1.93M to $1.9M.
- What is the long-term trend for 1st Source Corporation's business development and marketing?
- Over 4 years (2021 to 2025), 1st Source Corporation's business development and marketing has grown at a 2.5% compound annual growth rate (CAGR), from $8.01M to $8.86M.
- What does business development and marketing mean?
- This metric tracks the costs incurred for advertising, brand promotion, and client acquisition activities. It reflects the firm's commitment to growing its loan and deposit portfolios and expanding its market share within its regional footprint. Analyzing this expense provides insight into the bank's growth strategy and the effectiveness of its customer acquisition funnel.