1st Interest Expense from 2010 to 2024

SRCE Stock  USD 66.29  1.27  1.95%   
1st Source's Interest Expense is increasing over the years with slightly volatile fluctuation. Overall, Interest Expense is expected to go to about 145.2 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1989-06-30
Previous Quarter
47.1 M
Current Value
47.7 M
Quarterly Volatility
9.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check 1st Source financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 1st Source's main balance sheet or income statement drivers, such as Interest Expense of 145.2 M, Other Operating Expenses of 387.7 M or EBITDA of 6.7 M, as well as many indicators such as Price To Sales Ratio of 2.46, Dividend Yield of 0.017 or PTB Ratio of 1.67. 1st financial statements analysis is a perfect complement when working with 1st Source Valuation or Volatility modules.
  
Check out the analysis of 1st Source Correlation against competitors.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.

Latest 1st Source's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of 1st Source over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. 1st Source's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 1st Source's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

1st Interest Expense Regression Statistics

Arithmetic Mean43,265,933
Geometric Mean0.00
Coefficient Of Variation97.57
Mean Deviation28,372,036
Median30,309,000
Standard Deviation42,212,881
Sample Variance1781.9T
Range145.2M
R-Value0.66
Mean Square Error1075.1T
R-Squared0.44
Significance0.01
Slope6,259,464
Total Sum of Squares24947T

1st Interest Expense History

2024145.2 M
2023138.3 M
202230.3 M
202118.1 M
202037.2 M
201959 M
201843.4 M

About 1st Source Financial Statements

1st Source stakeholders use historical fundamental indicators, such as 1st Source's Interest Expense, to determine how well the company is positioned to perform in the future. Although 1st Source investors may analyze each financial statement separately, they are all interrelated. For example, changes in 1st Source's assets and liabilities are reflected in the revenues and expenses on 1st Source's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in 1st Source. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense138.3 M145.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out the analysis of 1st Source Correlation against competitors.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 1st Source. If investors know 1st will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1st Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.068
Dividend Share
1.4
Earnings Share
5.25
Revenue Per Share
15.077
Quarterly Revenue Growth
0.021
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1st Source's market value can be influenced by many factors that don't directly affect 1st Source's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.