1st Source Corporation (SRCE)
$
65.13
+0.15 (0.23%)
Key metrics
Financial statements
Free cash flow per share
8.5298
Market cap
1.6 Billion
Price to sales ratio
2.7673
Debt to equity
0.1387
Current ratio
0.1846
Income quality
1.5900
Average inventory
0
ROE
0.1270
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
1st Source Corporation operates as the bank holding company for 1st Source Bank, providing a comprehensive range of services that cater to both individual and business clients. The firm offers commercial and consumer banking services, along with trust and wealth advisory services, as well as insurance products. Consumer banking encompasses checking and savings accounts, certificates of deposit, and individual retirement accounts, alongside modern online and mobile banking solutions. Additionally, the bank provides an array of consumer loans, real estate mortgage options, home equity lines of credit, and various consultative services focused on financial planning and literacy, complemented by debit and credit card offerings. On the commercial side, the company facilitates loans for small businesses, agriculture, and real estate, addressing general corporate financing needs that include funding for commercial properties, equipment, inventories, accounts receivable, renewable energy projects, and acquisition costs. Moreover, it offers commercial leasing, treasury management, and retirement planning services. The trust and investment services include managing estates, personal trusts, and investment accounts for individuals and organizations, including employee benefit plans and charitable foundations. 1st Source Corporation also specializes in equipment financing solutions across multiple sectors, such as construction, aviation, and transportation, ensuring comprehensive financing for various types of machinery and vehicles. Additionally, the bank provides a suite of insurance products, including corporate and personal property coverage, casualty insurance, and both individual and group health and life insurance plans. As of December 31, 2021, the company operated 79 banking centers across 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. Founded in 1863, the company is headquartered in South Bend, Indiana. The earnings per share (EPS) is reported at $5.46 indicating the company's profitability on a per-share basis. The diluted EPS is $5.46 accounting for potential share dilution. The income before tax ratio is 0.30 reflecting the pre-tax margin. The EBITDA ratio is 0.32 highlighting the company's operational efficiency. The weighted average number of diluted shares outstanding is 24,496,000.00 reflecting potential dilution effects. The stock is reasonably priced at $65.13 appealing to a broad range of investors. However, it has a low average trading volume of 101,853.00 indicating lower market activity. With a market capitalization of $1,599,781,677.00 the company is classified as a small-cap player. It is a key player in the Banks - Regional industry, contributing significantly to the overall market landscape, and belongs to the Financial Services sector, driving innovation and growth.
Investing in 1st Source Corporation (SRCE) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A-, with a Bullish outlook. Always conduct your own research before investing.
Analysts predict 1st Source Corporation stock to fluctuate between $52.14 (low) and $68.13 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-07-10, 1st Source Corporation's market cap is $1,599,781,677, based on 24,562,900 outstanding shares.
Compared to JPMorgan Chase & Co., 1st Source Corporation has a Lower Market-Cap, indicating a difference in performance.
1st Source Corporation pays dividends. The current dividend yield is 2.40%, with a payout of $0.38 per share.
To buy 1st Source Corporation (SRCE) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for SRCE. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
1st Source Corporation's last stock split was 11:10 on 2015-08-03.
Revenue: $570,324,000 | EPS: $5.46 | Growth: 8.55%.
Visit https://www.1stsource.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $68.13 (2024-11-25) | All-time low: $38.73 (2021-02-01).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
Does 1st Source (SRCE) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
1st Source Corporation (SRCE) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SRCE's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
seekingalpha.com
1st Source demonstrates steady growth, conservative underwriting, and efficient cost control, resulting in strong credit quality and attractive long-term performance. Current valuation is fair, with a 2.5% yield and earnings/book multiples slightly below historical medians, supporting potential shareholder value. Macroeconomic and trade policy risks are present but are unlikely to materially impact profitability or prompt drastic Fed action in the near term.
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
newsfilecorp.com
QUARTERLY HIGHLIGHTS Net income was a record $37.52 million for the quarter, up $6.08 million or 19.35% from the previous quarter and up $8.07 million or 27.38% from the first quarter of 2024. Diluted net income per common share was $1.52, up $0.25 or 19.69% from the previous quarter and up $0.33 or 27.73% from the prior year's first quarter of $1.19.
zacks.com
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
See all news