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1st Source Corporation SRCE Lessor direct finance lease unearned income

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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$1.9B+14.7%
Enterprise value$2.07B+41.9%
P/E11.8×0.0×
P/S4.3×+0.1×

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 source:Lessordirectfinanceleaseunearnedincome.

The official record: 1st Source Corporation’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 1st Source Corporation's lessor direct finance lease unearned income?
1st Source Corporation (SRCE) reported lessor direct finance lease unearned income of $39.72M in Q4 2025.
How has 1st Source Corporation's lessor direct finance lease unearned income changed year-over-year?
1st Source Corporation's lessor direct finance lease unearned income decreased by 11.9% year-over-year, from $45.06M to $39.72M.
What is the long-term trend for 1st Source Corporation's lessor direct finance lease unearned income?
Over 5 years (2020 to 2025), 1st Source Corporation's lessor direct finance lease unearned income has grown at a 13.1% compound annual growth rate (CAGR), from $21.51M to $39.72M.
What does lessor direct finance lease unearned income mean?
This represents the difference between the gross investment in a direct financing lease and the present value of the lease payments and any unguaranteed residual value. It effectively acts as the deferred interest income that will be recognized over the life of the lease. Tracking this provides insight into the future revenue stream generated by the bank's leasing portfolio.