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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
My Notes
NewNotes are coming soon
1st Source Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$47.84 |
| 52 Week High | US$59.94 |
| 52 Week Low | US$42.29 |
| Beta | 0.97 |
| 1 Month Change | -10.29% |
| 3 Month Change | -18.50% |
| 1 Year Change | -2.67% |
| 3 Year Change | 1.38% |
| 5 Year Change | -7.88% |
| Change since IPO | 1,452.89% |
Recent News & Updates
Recent updates
If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity
Oct 14
1st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 26Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today
Jun 07If You Like EPS Growth Then Check Out 1st Source (NASDAQ:SRCE) Before It's Too Late
Nov 291st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 251st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31
Jul 26Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?
Mar 031st Source Corporation (NASDAQ:SRCE) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Jan 271st Source Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jan 23The 1st Source (NASDAQ:SRCE) Share Price Is Up 30% And Shareholders Are Holding On
Dec 30
Read This Before Selling 1st Source Corporation (NASDAQ:SRCE) Shares
Dec 09What Kind Of Shareholders Hold The Majority In 1st Source Corporation's (NASDAQ:SRCE) Shares?
Nov 18Shareholder Returns
| SRCE | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.6% | 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
| SRCE volatility | |
|---|---|
| SRCE Average Weekly Movement | 4.1% |
| Banks Industry Average Movement | 3.8% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 17.3% |
| 10% least volatile stocks in US Market | 2.9% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1863 | 1,130 | Chris Murphy | https://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
| SRCE fundamental statistics | |
|---|---|
| Market Cap | US$1.18b |
| Earnings (TTM) | US$120.51m |
| Revenue (TTM) | US$341.49m |
9.8x
P/E Ratio1.4x
P/B RatioIs SRCE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SRCE income statement (TTM) | |
|---|---|
| Revenue | US$341.49m |
| Cost of Revenue | US$0 |
| Gross Profit | US$341.49m |
| Other Expenses | US$220.98m |
| Earnings | US$120.51m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
Apr 20, 2023
| Earnings per share (EPS) | 4.89 |
| Gross Margin | 100.00% |
| Net Profit Margin | 35.29% |
| Debt/Equity Ratio | 34.7% |
How did SRCE perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield26%
Payout RatioDoes SRCE pay a reliable dividends?
See SRCE dividend history and benchmarks| 1st Source dividend dates | |
|---|---|
| Ex Dividend Date | Feb 03 2023 |
| Dividend Pay Date | Feb 16 2023 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 19 days |
Does SRCE pay a reliable dividends?
See SRCE dividend history and benchmarks