1st Source Corporation
SRCE Financial Banks Regional
1st Source Corporation’s revenue for fiscal 2025 (year ended December 2025) was $600.0 million, up 5.20% from fiscal 2024.
- Revenue
- +3.41%
- EPS
- +18.7%
- Free cash flow
- +39.0%
- Total debt
- −6.54%
Quarter to September 2026, against a year earlier
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1st Source Corporation (SRCE) Gross margin
1st Source Corporation's gross margin over the twelve months to 30 September 2026 was 75.3%, up 3.0 percentage points from fiscal 2025 (72.3%). Over the past ten years it has ranged from 67.9% (fiscal 2024) to 94.9% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Banks Regional industry median of 69.8% and above the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 72.3% | 4.42 |
| FY2024 | 67.9% | (4.88) |
| FY2023 | 72.8% | (19.36) |
| FY2022 | 92.1% | (2.77) |
| FY2021 | 94.9% | 5.03 |
| FY2020 | 89.9% | 5.23 |
| FY2019 | 84.6% | (3.12) |
| FY2018 | 87.8% | (3.65) |
| FY2017 | 91.4% | (0.73) |
| FY2016 | 92.1% | (1.09) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 76.1% | 0.43 |
| Jun 2026 | 75.7% | (0.16) |
| Mar 2026 | 75.9% | 2.23 |
| Dec 2025 | 73.6% | 1.21 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| OFG OFG Bancorp compare | 81.7% |
| CHCO City Holding Company compare | 80.0% |
| SRCE 1st Source Corporation | 75.3% |
| EFSC Enterprise Financial Services Corporation compare | 75.2% |
| NWBI Northwest Bancshares, Inc. compare | 75.1% |
| FCF First Commonwealth Financial Corporation compare | 74.3% |
| WAFD WaFd, Inc. compare | 57.5% |
| BBAR BBVA Banco Frances S.A. compare | 56.7% |
| MBIN Merchants Bancorp compare | 54.7% |
| Banks Regional industry median | 69.8% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on SRCE
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement