1st Source Corporation’s Gross Margin at a glance
1st Source Corporation reports gross margin of 65.7% for Dec 2024. The prior period recorded 71.6% (Dec 2023). Year over year the metric moved −5.9 pts (−8.3%). The rolling three-period average stands at 75.3%. Data last refreshed Nov 21, 2025, 12:28 AM.
Latest reading
65.7% · Dec 2024
YoY movement
−5.9 pts (−8.3%)
Rolling average
75.3%
Current Gross Margin
65.7%
−5.9 pts
−8.3%
Rolling average
75.3%
Latest Value
65.7%
Dec 2024
YoY Change
−5.9 pts
Absolute
YoY Change %
−8.3%
Rate of change
3-Period Avg
75.3%
Smoothed
Narrative signal
1st Source Corporation’s gross margin stands at 65.7% for Dec 2024. Year-over-year, the metric shifted by −5.9 pts, translating into a −8.3% rate of change versus the prior period.
Pair this momentum with product cadence, pricing power, and capital allocation moves to understand durability.
Blend with balance sheet, cash flow, and peer benchmarks from AlphaPilot’s broader dashboards to shape an investable thesis.
How gross margin shapes 1st Source Corporation's story
As of Dec 2024, 1st Source Corporation reports gross margin of 65.7%. Measure pricing power and cost of goods efficiency by reviewing historical gross margins.
Pricing versus input costs
Gross margin expands when pricing power or mix more than offset raw material and labor inflation.
Benchmark to peers
Compare margins within a sector to spot operational advantages or signs of discounting.
Valuation Multiples
Compare how the market prices revenue, equity, and operating cash flow versus peers and history.
Profitability & Margins
Understand cost structure and capital efficiency trends across gross, operating, and net results.
Growth Momentum
Track whether top-line, earnings, and free cash flow growth are accelerating or cooling.
Balance Sheet Strength
Evaluate leverage, liquidity, and cash generation capacity that underpin resilience.
Shareholder Returns
Follow dividend sustainability and cash generation relative to market value.
1st Source Corporation (SRCE) FAQs
Answers tailored to 1st Source Corporation’s gross margin profile using the latest Financial Modeling Prep data.
What is 1st Source Corporation's current gross margin?
As of Dec 2024, 1st Source Corporation reports gross margin of 65.7%. This reading reflects the latest filings and price data for SRCE.
How is 1st Source Corporation's gross margin trending year over year?
Year-over-year, the figure shifts by −5.9 pts (−8.3%). Pair this context with revenue growth and free cash flow signals to gauge momentum for SRCE.
Why does gross margin matter for 1st Source Corporation?
Gross margin tracks the percentage of revenue remaining after direct production and service delivery costs. For 1st Source Corporation, operating within Financial Services — Banks - Regional, tracking this metric helps benchmark management's execution against close competitors.
Is 1st Source Corporation's gross margin above its recent average?
1st Source Corporation's rolling three-period average sits at 75.3%. Comparing the latest reading of 65.7% to that baseline highlights whether momentum is building or fading for SRCE.
How frequently is 1st Source Corporation's gross margin refreshed?
Data for SRCE was last refreshed on Nov 21, 2025, 12:28 AM and updates automatically every 24 hours, keeping your valuation inputs current.