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1st Source Corporation SRCE Provision for Credit Losses

Provision for Credit Losses at other companies

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$14.62M-45.4%
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$6.03M-34.0%
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$2.51B-24.1%
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$3.08M+176%
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$10.73M+87.1%
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Huntington BancsharesHBAN

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:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?
1st Source Corporation (SRCE) reported provision for credit losses of $7.27M in Q1 2026.
How has 1st Source Corporation's provision for credit losses changed year-over-year?
1st Source Corporation's provision for credit losses increased by 122.7% year-over-year, from $3.27M to $7.27M.
What is the long-term trend for 1st Source Corporation's provision for credit losses?
Over 4 years (2021 to 2025), 1st Source Corporation's provision for credit losses has grown at a 30.7% compound annual growth rate (CAGR), from -$4.3M to $12.56M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.