1st Source (SRCE)
Community banking and nationwide specialty equipment finance through one bank platform.
$84.88
vs last close−0.48 (−0.56%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 132 | 135 | 139 | 144 | 146 | 142 | 146 | 150 | 153 | 151 | 149 | 156 |
| Cost of revenue | 39 | 45 | 52 | 47 | 51 | 46 | 46 | 50 | 43 | 40 | 43 | 39 |
| Gross profit | 93 | 89 | 87 | 97 | 95 | 96 | 101 | 101 | 110 | 111 | 106 | 117 |
| 50 | 53 | 49 | 49 | 49 | 56 | 53 | 52 | 55 | 57 | 55 | 56 | |
| 32 | 27 | 33 | 33 | 34 | 28 | 35 | 3 | 37 | 36 | 3 | 48 | |
| Selling & marketing | 1 | −5 | 2 | 2 | 2 | −5 | 2 | 2 | 3 | 2 | 2 | 2 |
| General & administrative | 30 | 32 | 31 | 31 | 33 | 33 | 34 | 1 | 34 | 33 | 2 | 46 |
| Other expenses | 19 | 26 | 16 | 17 | 15 | 28 | 18 | 49 | 18 | 21 | 51 | 8 |
| Operating income | 43 | 37 | 38 | 48 | 45 | 40 | 48 | 48 | 55 | 54 | 51 | 61 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 1 | |
| Interest income | 107 | 115 | 116 | 121 | 123 | 123 | 123 | 127 | 131 | 133 | 126 | 131 |
| Interest expense | 38 | 43 | 45 | 47 | 48 | 44 | 42 | 42 | 42 | 40 | 36 | 38 |
| Income before tax | 43 | 37 | 38 | 48 | 45 | 40 | 48 | 48 | 55 | 54 | 51 | 62 |
| Income tax expense | 10 | 8 | 8 | 11 | 10 | 9 | 10 | 11 | 13 | 12 | 11 | 14 |
| Net income from continuing operations | 33 | 28 | 29 | 37 | 35 | 31 | 38 | 37 | 42 | 41 | 40 | 48 |
| Net income | 33 | 28 | 29 | 37 | 35 | 31 | 38 | 37 | 42 | 41 | 40 | 48 |
| EPS, basic | $1.32 | $1.16 | $1.19 | $1.49 | $1.41 | $1.27 | $1.52 | $1.51 | $1.71 | $1.69 | $1.65 | $1.93 |
| EPS, diluted | $1.32 | $1.16 | $1.19 | $1.49 | $1.41 | $1.27 | $1.52 | $1.51 | $1.71 | $1.69 | $1.65 | $1.93 |
| Weighted average shares, basic | 25 | 25 | 24 | 24 | 25 | 24 | 25 | 25 | 24 | 24 | 24 | 24 |
| Weighted average shares, diluted | 25 | 25 | 24 | 24 | 25 | 24 | 25 | 25 | 24 | 24 | 24 | 24 |
| EBITDA | 46 | 40 | 41 | 51 | 48 | 43 | 51 | 51 | 58 | 55 | 54 | 61 |
| Depreciation & amortization | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 1 | 3 | 0 |
| EBIT | 43 | 37 | 38 | 48 | 45 | 40 | 48 | 48 | 55 | 54 | 51 | 61 |
