TTM
26.7%
YoY change
+3.12pp
Trough year (2002)
3.7%
Peak year (2021)
33.4%
Latest annual
26.4%
Net Profit Margin history chart for 1st Source (SRCE) from 1989 to 2025
Latest: 26.4%
Net Profit Margin change chart for 1st Source (SRCE) from 1989 to 2025
Latest: +3.12pp
Net Profit Margin history table for 1st Source (SRCE) from 1989 to 2025
| 2025 | 26.4% | +3.12pp | ||
| 2024 | 23.3% | -1.36pp | ||
| 2023 | 24.6% | -6.68pp | ||
| 2022 | 31.3% | -2.11pp | ||
| 2021 | 33.4% | +11.21pp | ||
| 2020 | 22.2% | -1.75pp | ||
| 2019 | 23.9% | +0.69pp | ||
| 2018 | 23.3% | +1.38pp | ||
| 2017 | 21.9% | +1.29pp | ||
| 2016 | 20.6% | -0.86pp | ||
| 2015 | 21.4% | -1.19pp | ||
| 2014 | 22.6% | +1.24pp | ||
| 2013 | 21.4% | +2.55pp | ||
| 2012 | 18.9% | +0.90pp | ||
| 2011 | 18.0% | +3.60pp | ||
| 2010 | 14.4% | +5.44pp | ||
| 2009 | 8.9% | -1.54pp | ||
| 2008 | 10.5% | +1.04pp | ||
| 2007 | 9.4% | -4.34pp | ||
| 2006 | 13.8% | -0.48pp | ||
| 2005 | 14.2% | +2.58pp | ||
| 2004 | 11.7% | +3.76pp | ||
| 2003 | 7.9% | +4.22pp | ||
| 2002 | 3.7% | -7.89pp | ||
| 2001 | 11.6% | -0.67pp | ||
| 2000 | 12.2% | -1.33pp | ||
| 1999 | 13.6% | +0.89pp | ||
| 1998 | 12.7% | +0.00pp | ||
| 1997 | 12.7% | -0.63pp | ||
| 1996 | 13.3% | -0.27pp | ||
| 1995 | 13.6% | -0.89pp | ||
| 1994 | 14.5% | +0.37pp | ||
| 1993 | 14.1% | +2.37pp | ||
| 1992 | 11.7% | +1.43pp | ||
| 1991 | 10.3% | +0.87pp | ||
| 1990 | 9.4% | +0.76pp | ||
| 1989 | 8.7% | — |
- 202526.4%+3.12pp
- 202423.3%-1.36pp
- 202324.6%-6.68pp
- 202231.3%-2.11pp
- 202133.4%+11.21pp
- 202022.2%-1.75pp
- 201923.9%+0.69pp
- 201823.3%+1.38pp
- 201721.9%+1.29pp
- 201620.6%-0.86pp
- 201521.4%-1.19pp
- 201422.6%+1.24pp
- 201321.4%+2.55pp
- 201218.9%+0.90pp
- 201118.0%+3.60pp
- 201014.4%+5.44pp
- 20098.9%-1.54pp
- 200810.5%+1.04pp
- 20079.4%-4.34pp
- 200613.8%-0.48pp
- 200514.2%+2.58pp
- 200411.7%+3.76pp
- 20037.9%+4.22pp
- 20023.7%-7.89pp
- 200111.6%-0.67pp
- 200012.2%-1.33pp
- 199913.6%+0.89pp
- 199812.7%+0.00pp
- 199712.7%-0.63pp
- 199613.3%-0.27pp
- 199513.6%-0.89pp
- 199414.5%+0.37pp
- 199314.1%+2.37pp
- 199211.7%+1.43pp
- 199110.3%+0.87pp
- 19909.4%+0.76pp
- 19898.7%—
Net Profit Margin values are taken from 1st Source's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at 1st Source (SRCE)
According to 1st Source's latest reported financial statements, the company's latest reported net margin is 26.7%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual net margin for 1st Source (SRCE) came in at 26.38% – expanded 3.1 percentage points year-over-year.
The record annual net margin stands at 33.40%, reached in 2021; the historical low of 3.68% was recorded in 2002.
1st Source Net Profit Margin by Year
1st Source Net Profit Margin 2025: 26.4%
1st Source net margin in 2025 was 26.38%, expanded 3.1 percentage points from 2024.
1st Source Net Profit Margin 2024: 23.3%
2024's net margin for 1st Source came in at 23.25%, contracted 1.4 percentage points from 2023.
1st Source Net Profit Margin 2023: 24.6%
1st Source posted net margin of 24.61% in 2023, contracted 6.7 percentage points from 2022.
1st Source Net Profit Margin 2022: 31.3%
In 2022, 1st Source reported net margin of 31.29%, contracted 2.1 percentage points from 2021.
1st Source Net Profit Margin 2021: 33.4%
1st Source net margin in 2021 was 33.40%.
See more financial history for 1st Source (SRCE).
Sector peers by Net Profit Margin
Financial Services peers of 1st Source (SRCE), ranked by their latest net margin
| 51.7% | |
| 45.9% | |
| 20.7% | |
| 19.3% | |
| 18.1% | |
| 17.3% | |
| 16.3% | |
| 15.1% |
- 51.7%
- 45.9%
- 20.7%
- 17.3%
- 16.3%
- 15.1%
Frequently asked questions
1st Source (SRCE) Key Financials
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