1st Source (SRCE) Revenue & Revenue Breakdown
1st Source Revenue Highlights
Latest Revenue (Y)
$507.53M
Latest Revenue (Q)
$123.23M
Main Segment (Y)
Fiduciary and Trust
1st Source Revenue by Period
1st Source Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $507.53M | 43.07% |
| 2022-12-31 | $354.73M | 5.35% |
| 2021-12-31 | $336.73M | 2.13% |
| 2020-12-31 | $329.71M | 1.45% |
| 2019-12-31 | $325.00M | 4.52% |
| 2018-12-31 | $310.96M | 9.36% |
| 2017-12-31 | $284.34M | 9.95% |
| 2016-12-31 | $258.60M | 3.51% |
| 2015-12-31 | $249.84M | 4.88% |
| 2014-12-31 | $238.22M | 1.79% |
| 2013-12-31 | $234.03M | 0.46% |
| 2012-12-31 | $232.97M | 1.61% |
| 2011-12-31 | $229.27M | -2.10% |
| 2010-12-31 | $234.19M | 9.57% |
| 2009-12-31 | $213.74M | -1.12% |
| 2008-12-31 | $216.16M | 14.05% |
| 2007-12-31 | $189.53M | 3.56% |
| 2006-12-31 | $183.02M | 9.62% |
| 2005-12-31 | $166.96M | 3.43% |
| 2004-12-31 | $161.42M | -12.01% |
| 2003-12-31 | $183.45M | -4.36% |
| 2002-12-31 | $191.80M | -9.37% |
| 2001-12-31 | $211.62M | 18.30% |
| 2000-12-31 | $178.88M | 9.74% |
| 1999-12-31 | $163.00M | 12.10% |
| 1998-12-31 | $145.40M | 19.47% |
| 1997-12-31 | $121.70M | 20.61% |
| 1996-12-31 | $100.90M | 12.49% |
| 1995-12-31 | $89.70M | 11.99% |
| 1994-12-31 | $80.10M | 8.54% |
| 1993-12-31 | $73.80M | - |
1st Source generated $507.53M in revenue during NA 2023, up 43.07% compared to the previous quarter, and up 163.22% compared to the same period a year ago.
1st Source Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $123.23M | -14.01% |
| 2024-06-30 | $143.30M | 3.77% |
| 2024-03-31 | $138.10M | 2.56% |
| 2023-12-31 | $134.65M | 43.71% |
| 2023-09-30 | $93.69M | 2.64% |
| 2023-06-30 | $91.28M | -1.73% |
| 2023-03-31 | $92.89M | -1.95% |
| 2022-12-31 | $94.73M | 4.17% |
| 2022-09-30 | $90.94M | 5.39% |
| 2022-06-30 | $86.29M | 4.26% |
| 2022-03-31 | $82.76M | -1.35% |
| 2021-12-31 | $83.89M | -4.36% |
| 2021-09-30 | $87.72M | 7.20% |
| 2021-06-30 | $81.83M | -1.74% |
| 2021-03-31 | $83.28M | -5.46% |
| 2020-12-31 | $88.09M | 6.25% |
| 2020-09-30 | $82.91M | 4.63% |
| 2020-06-30 | $79.24M | -0.28% |
| 2020-03-31 | $79.47M | -1.74% |
| 2019-12-31 | $80.87M | -2.52% |
| 2019-09-30 | $82.96M | 1.06% |
| 2019-06-30 | $82.09M | 3.82% |
| 2019-03-31 | $79.07M | -1.16% |
| 2018-12-31 | $80.00M | 2.02% |
| 2018-09-30 | $78.42M | 0.29% |
| 2018-06-30 | $78.19M | 5.18% |
| 2018-03-31 | $74.34M | -0.20% |
| 2017-12-31 | $74.48M | 2.29% |
| 2017-09-30 | $72.82M | 4.03% |
| 2017-06-30 | $70.00M | 4.42% |
| 2017-03-31 | $67.03M | 1.97% |
| 2016-12-31 | $65.74M | 0.58% |
| 2016-09-30 | $65.36M | 1.19% |
| 2016-06-30 | $64.59M | 2.66% |
| 2016-03-31 | $62.92M | -1.87% |
| 2015-12-31 | $64.11M | 1.22% |
| 2015-09-30 | $63.34M | 0.23% |
| 2015-06-30 | $63.20M | 6.77% |
| 2015-03-31 | $59.19M | -2.52% |
| 2014-12-31 | $60.72M | 1.02% |
| 2014-09-30 | $60.10M | 1.21% |
| 2014-06-30 | $59.38M | 2.36% |
| 2014-03-31 | $58.02M | 1.75% |
| 2013-12-31 | $57.02M | -7.01% |
| 2013-09-30 | $61.32M | 3.94% |
| 2013-06-30 | $58.99M | 4.04% |
| 2013-03-31 | $56.70M | -4.03% |
| 2012-12-31 | $59.08M | 1.50% |
| 2012-09-30 | $58.21M | 0.77% |
| 2012-06-30 | $57.77M | -0.25% |
| 2012-03-31 | $57.91M | 0.54% |
| 2011-12-31 | $57.59M | 1.30% |
| 2011-09-30 | $56.86M | -3.65% |
| 2011-06-30 | $59.01M | 5.72% |
| 2011-03-31 | $55.81M | -9.36% |
| 2010-12-31 | $61.58M | 2.74% |
| 2010-09-30 | $59.94M | 5.42% |
| 2010-06-30 | $56.85M | 1.84% |
| 2010-03-31 | $55.82M | 0.49% |
| 2009-12-31 | $55.55M | 6.21% |
| 2009-09-30 | $52.30M | -4.24% |
| 2009-06-30 | $54.62M | 6.53% |
| 2009-03-31 | $51.27M | -19.35% |
| 2008-12-31 | $63.57M | 38.87% |
| 2008-09-30 | $45.78M | -14.42% |
| 2008-06-30 | $53.49M | 0.31% |
| 2008-03-31 | $53.32M | 10.55% |
| 2007-12-31 | $48.23M | - |
1st Source generated $123.23M in revenue during Q3 2024, up -14.01% compared to the previous quarter, and up 134.99% compared to the same period a year ago.
1st Source Revenue Breakdown
1st Source Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Fiduciary and Trust | $23.71M | $23.11M | $23.78M | $21.11M | $20.69M |
| Debit Card | $17.98M | $18.05M | $18.13M | $14.98M | $14.21M |
| Deposit Account | $12.75M | $12.15M | $10.59M | $9.48M | $11.01M |
1st Source's latest annual revenue breakdown by segment (product or service), as of Dec 23: Fiduciary and Trust (43.55%), Debit Card (33.03%), and Deposit Account (23.42%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deposit Account | $3.28M | $3.20M | $3.33M | $3.30M | $3.12M | $3.00M | $3.17M | $3.24M | $2.94M | $2.79M | $2.87M | $2.77M | $2.51M | $2.45M | $2.63M | $2.34M | $1.91M | $2.60M | $2.83M | $2.89M |
| Fiduciary and Trust | $6.52M | $7.08M | $5.91M | $5.65M | $6.47M | $5.68M | $5.61M | $5.50M | $6.09M | $5.91M | $5.95M | $5.89M | $6.47M | $5.48M | $5.52M | $5.15M | $5.59M | $4.85M | $5.27M | $4.98M |
| Debit Card | $4.60M | $4.56M | $4.39M | $4.38M | $4.70M | $4.51M | $4.67M | $4.63M | $4.56M | $4.19M | $4.62M | $4.57M | $4.75M | $4.18M | $3.99M | $4.02M | $3.60M | $3.37M | $3.59M | $3.73M |
1st Source's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Fiduciary and Trust (45.30%), Debit Card (31.93%), and Deposit Account (22.77%).
1st Source Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SRCE | 1st Source | $507.53M | $123.23M |
| HFWA | Heritage Financial | $303.13M | $81.83M |
| CIVB | Civista Bancshares | $219.90M | $61.14M |
| FSBW | FS Bancorp | $187.78M | $51.86M |
| HTBI | HomeTrust Bancshares | $186.37M | $73.53M |
| WSBF | Waterstone Financial | $180.39M | $54.52M |
| LBC | Luther Burbank | $178.91M | $20.59M |
| HBCP | Home Bancorp | $178.87M | $51.02M |
| CHMG | Chemung Financial | $137.52M | $36.97M |
| OBT | Orange County Bancorp | $131.19M | $32.51M |
| BSVN | Bank7 | $130.79M | $35.60M |
| COFS | ChoiceOne Financial Services | $114.13M | $32.45M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| PWOD | Penns Woods Bancorp | $99.97M | $28.69M |
| CBFV | CB Financial Services | $61.76M | $19.59M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| GSBC | Great Southern Bancorp | $46.29M | $84.15M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| FCCO | First Community | $10.42M | $25.48M |
SRCE Revenue FAQ
What is 1st Source’s yearly revenue?
1st Source's yearly revenue for 2023 was $507.53M, representing an increase of 43.07% compared to 2022. The company's yearly revenue for 2022 was $354.73M, representing an increase of 5.35% compared to 2021. SRCE's yearly revenue for 2021 was $336.73M, representing an increase of 2.13% compared to 2020.
What is 1st Source’s quarterly revenue?
1st Source's quarterly revenue for Q3 2024 was $123.23M, a -14.01% decrease from the previous quarter (Q2 2024), and a 31.53% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $143.3M, a 3.77% increase from the previous quarter (Q1 2024), and a 56.98% increase year-over-year (Q2 2023). SRCE's quarterly revenue for Q1 2024 was $138.1M, a 2.56% increase from the previous quarter (Q4 2023), and a 48.67% increase year-over-year (Q1 2023).
What is 1st Source’s revenue growth rate?
1st Source's revenue growth rate for the last 3 years (2021-2023) was 50.72%, and for the last 5 years (2019-2023) was 56.16%.
What are 1st Source’s revenue streams?
1st Source's revenue streams in c 23 are Fiduciary and Trust, Debit Card, and Deposit Account. Fiduciary and Trust generated $23.71M in revenue, accounting 43.55% of the company's total revenue, up 2.59% year-over-year. Debit Card generated $17.98M in revenue, accounting 33.03% of the company's total revenue, down -0.40% year-over-year. Deposit Account generated $12.75M in revenue, accounting 23.42% of the company's total revenue, up 4.96% year-over-year.
What is 1st Source’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of 1st Source was Fiduciary and Trust. This segment made a revenue of $23.71M, representing 43.55% of the company's total revenue.