1st Interest Expense from 2010 to 2024

SRCE Stock  USD 51.45  0.15  0.29%   
1st Source's Interest Expense is increasing over the years with very volatile fluctuation. Interest Expense is expected to dwindle to about 14.2 M. 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
4.6 M
Current Value
44.6 M
Quarterly Volatility
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 main balance sheet or income statement drivers, such as Interest Expense of 14.2 M, Other Operating Expenses of 363.1 M or EBITDA of 6.7 M, as well as many exotic indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0169 or PTB Ratio of 1.67. 1st financial statements analysis is a perfect complement when working with 1st Source Valuation or Volatility modules.
  
This module can also supplement 1st Source's financial leverage analysis and stock options assessment as well as various 1st Source Technical models . 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
Very volatile
   Interest Expense   
       Timeline  

1st Interest Expense Regression Statistics

Arithmetic Mean26,315,460
Geometric Mean0.00
Coefficient Of Variation54.44
Mean Deviation10,927,571
Median22,768,000
Standard Deviation14,326,335
Sample Variance205.2T
Range59M
R-Value0.11
Mean Square Error218.5T
R-Squared0.01
Significance0.70
Slope343,387
Total Sum of Squares2873.4T

1st Interest Expense History

202414.2 M
202315 M
202230.3 M
202118.1 M
202037.2 M
201959 M
201843.4 M

About 1st Source Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include 1st Source income statement, its balance sheet, and the statement of cash flows. 1st Source investors use historical funamental 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 use each financial statement separately, they are all related. The changes in 1st Source's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 1st Source's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on 1st Source Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 1st Source. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense15 M14.2 M

Currently Active Assets on Macroaxis

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.
Note that the 1st Source information on this page should be used as a complementary analysis to other 1st Source's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for 1st Stock analysis

When running 1st Source's price analysis, check to measure 1st Source's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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Is 1st Source's industry 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
(0.05)
Dividend Share
1.34
Earnings Share
4.97
Revenue Per Share
14.701
Quarterly Revenue Growth
(0.03)
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.