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1st Source Corporation SRCE Furniture and equipment

Furniture and equipment at other companies

Stewart Information Services logo
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Other financials

Income statement

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Revenue$118.2M+9.2%
Net income$47.5M+27.4%
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$2.1B+45.9%
Enterprise value$2.18B+55.1%
P/E12.3×+2.1×
P/S4.6×+1.1×

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 source:FurnitureAndEquipmentExpense.

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
Noninterest expense:
Salaries and employee benefits33,15231,80065,97363,915
Net occupancy3,3873,0356,9356,259
Furniture and equipment1,6651,6843,1273,031
Data processing7,4927,41015,06514,701
Depreciation – leased equipment4236198771,337
Professional fees2,1521,4993,7273,167
FDIC and other insurance1,4541,4382,9032,878

Item 1. Financial Statements (Unaudited)

FAQ

What is 1st Source Corporation's furniture and equipment?
1st Source Corporation (SRCE) reported furniture and equipment of $1.67M in Q2 2026.
How has 1st Source Corporation's furniture and equipment changed year-over-year?
1st Source Corporation's furniture and equipment decreased by 1.1% year-over-year, from $1.68M to $1.67M.
What is the long-term trend for 1st Source Corporation's furniture and equipment?
Over 4 years (2021 to 2025), 1st Source Corporation's furniture and equipment has grown at a 1.9% compound annual growth rate (CAGR), from $5.98M to $6.45M.
What does furniture and equipment mean?
This represents the operational costs associated with maintaining and depreciating the physical furniture, fixtures, and technology equipment required to support banking operations. It is a component of noninterest expense that reflects the bank's investment in its physical and digital infrastructure. Monitoring this helps evaluate the bank's overhead management and operational efficiency.

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