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SRCE

1st Source NasdaqGS:SRCE Stock Report

Last Price

US$47.84

Market Cap

US$1.2b

7D

2.6%

1Y

-2.7%

Updated

27 Jan, 2023

Data

Company Financials +

SRCE Stock Overview

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients.

SRCE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

My Notes

New

Notes are coming soon

1st Source Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for 1st Source
Historical stock prices
Current Share PriceUS$47.84
52 Week HighUS$59.94
52 Week LowUS$42.29
Beta0.97
1 Month Change-10.29%
3 Month Change-18.50%
1 Year Change-2.67%
3 Year Change1.38%
5 Year Change-7.88%
Change since IPO1,452.89%

Recent News & Updates

Recent updates

If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity

Oct 14
If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity

1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 26
1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today

Jun 07
Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today

If You Like EPS Growth Then Check Out 1st Source (NASDAQ:SRCE) Before It's Too Late

Nov 29
If You Like EPS Growth Then Check Out 1st Source (NASDAQ:SRCE) Before It's Too Late

1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 25
1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year

1st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31

Jul 26
1st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31

Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?

Mar 03
Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?

1st Source Corporation (NASDAQ:SRCE) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Jan 27
1st Source Corporation (NASDAQ:SRCE) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

1st Source Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Jan 23
1st Source Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

The 1st Source (NASDAQ:SRCE) Share Price Is Up 30% And Shareholders Are Holding On

Dec 30
The 1st Source (NASDAQ:SRCE) Share Price Is Up 30% And Shareholders Are Holding On

Read This Before Selling 1st Source Corporation (NASDAQ:SRCE) Shares

Dec 09
Read This Before Selling 1st Source Corporation (NASDAQ:SRCE) Shares

What Kind Of Shareholders Hold The Majority In 1st Source Corporation's (NASDAQ:SRCE) Shares?

Nov 18
What Kind Of Shareholders Hold The Majority In 1st Source Corporation's (NASDAQ:SRCE) Shares?

Shareholder Returns

SRCEUS BanksUS Market
7D2.6%2.9%2.3%
1Y-2.7%-15.0%-9.7%

Return vs Industry: SRCE exceeded the US Banks industry which returned -14.9% over the past year.

Return vs Market: SRCE exceeded the US Market which returned -8.5% over the past year.

Price Volatility

Is SRCE's price volatile compared to industry and market?
SRCE volatility
SRCE Average Weekly Movement4.1%
Banks Industry Average Movement3.8%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: SRCE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SRCE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18631,130Chris Murphyhttps://www.1stsource.com

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services.

1st Source Corporation Fundamentals Summary

How do 1st Source's earnings and revenue compare to its market cap?
SRCE fundamental statistics
Market CapUS$1.18b
Earnings (TTM)US$120.51m
Revenue (TTM)US$341.49m

9.8x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SRCE income statement (TTM)
RevenueUS$341.49m
Cost of RevenueUS$0
Gross ProfitUS$341.49m
Other ExpensesUS$220.98m
EarningsUS$120.51m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

Apr 20, 2023

Earnings per share (EPS)4.89
Gross Margin100.00%
Net Profit Margin35.29%
Debt/Equity Ratio34.7%

How did SRCE perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

26%

Payout Ratio

Does SRCE pay a reliable dividends?

See SRCE dividend history and benchmarks
When do you need to buy SRCE by to receive an upcoming dividend?
1st Source dividend dates
Ex Dividend DateFeb 03 2023
Dividend Pay DateFeb 16 2023
Days until Ex dividend6 days
Days until Dividend pay date19 days

Does SRCE pay a reliable dividends?

See SRCE dividend history and benchmarks