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1st Source Corporation SRCE Interest Expense, Trust Preferred Securities

Interest Expense, Trust Preferred Securities at other companies

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Other financials

Income statement

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Revenue$113.1M+8.7%
Net income$40.0M+6.5%
EPS (diluted)$1.63+7.2%

Balance sheet

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Cash & equivalents$118.8M-46.7%
Total debt$289.2M+373%
Total equity$1.3B+10.0%
Total assets$9.1B+1.7%

Cash flow

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Operating cash flow$59.1M-17.6%
CapEx$1.0M-58.8%
Free cash flow$58.1M-16.1%

Valuation

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Market cap$1.93B+14.7%

Profitability

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Net margin36.3%+0.9pp
FCF margin45.6%-7.1pp

Returns & leverage

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Return on equity13.2%+0.2pp
Debt / equity0.2×+0.2×

Where this comes from

Reported directly by 1st Source Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseTrustPreferredSecurities.

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 interest expense, trust preferred securities?
1st Source Corporation (SRCE) reported interest expense, trust preferred securities of $995K in Q1 2026.
How has 1st Source Corporation's interest expense, trust preferred securities changed year-over-year?
1st Source Corporation's interest expense, trust preferred securities decreased by 1.9% year-over-year, from $1.01M to $995K.
What is the long-term trend for 1st Source Corporation's interest expense, trust preferred securities?
Over 4 years (2021 to 2025), 1st Source Corporation's interest expense, trust preferred securities has grown at a 5.4% compound annual growth rate (CAGR), from $3.27M to $4.03M.
What does interest expense, trust preferred securities mean?
This reflects the interest expense associated with trust preferred securities, which are hybrid financial instruments often used to bolster regulatory capital. These payments represent a specific cost of capital that bridges the gap between debt and equity. Tracking this is essential for understanding the bank's capital structure and the servicing costs of its regulatory capital base.