10-Q quarterly report · filed Apr 23, 2026

1ST SOURCE CORP (SRCE) Q1 2026 10-Q Quarterly Report

Short answer

1ST SOURCE CORP (SRCE) filed its Q1 2026 10-Q quarterly report on Apr 23, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $126M (up 2.3% year over year) with net income of $40M.

Q1 2026 key financials · XBRL

Revenue
$126M
+2.3% YoY
Net income
$40M
+6.5% YoY
EPS (diluted)
$1.63
+7.2% YoY

Source: XBRL data from the 1ST SOURCE CORP (SRCE) Q1 2026 10-Q on SEC EDGAR. USD.

1ST SOURCE CORP Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $39.96M vs $37.52M YoY; diluted EPS $1.63 vs $1.52
  • Net interest income $90.29M vs $81.09M; FTE margin 4.25% vs 3.90%
  • Average loans and leases $7.02B, up 3.29% YoY; renewable energy among primary growth portfolios
  • Cash and equivalents $118.81M vs $222.82M YoY, funding loan growth and securities purchases
  • Provision $7.27M vs $3.27M; headwinds from trade uncertainty, higher energy prices, inflation, and fragile growth prospects

Risk Factors

  • No material risk-factor changes since December 31, 2025
  • Carried-forward risks remain detailed in the December 31, 2025 Form 10-K
  • No new regulatory, legal, compliance, operational, competitive, or financial risks disclosed this quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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