1st Source Corporation

NasdaqGS:SRCE Stock Report

Market Cap: US$1.6b

1st Source Balance Sheet Health

Financial Health criteria checks 6/6

1st Source has total assets of $8.8B and total equity of $1.2B. Total deposits are $7.1B, and total loans are $6.5B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $169.4M.

Key information

7.5x

Asset to equity ratio

3.5%

Net interest margin

Total deposits

US$7.13b

Loan to deposit ratio

Appropriate

Bad loans

0.5%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$169.36m

Recent financial health updates

No updates

Recent updates

1st Source: Loan Growth To Boost Earnings, But Stock Appears Fairly Valued

Nov 19

1st Source: Positive Earnings Outlook Appears Priced In

Sep 04

Does 1st Source (NASDAQ:SRCE) Deserve A Spot On Your Watchlist?

Dec 05
Does 1st Source (NASDAQ:SRCE) Deserve A Spot On Your Watchlist?

1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34

Oct 24
1st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34

1st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32

Jul 25
1st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32

With EPS Growth And More, 1st Source (NASDAQ:SRCE) Makes An Interesting Case

Apr 27
With EPS Growth And More, 1st Source (NASDAQ:SRCE) Makes An Interesting Case

1st Source GAAP EPS of $1.32 beats by $0.16, revenue of $91.12M beats by $2.8M

Oct 20

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 Corp.: Moderate Topline Growth To Partially Counter Provision Normalization

Aug 24

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

1st Source Corp.: Earnings To Dip Despite Favorable Economic Factors

Jun 09

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

1st Source: Balanced Bank With Attractive Fee Income Mix

Feb 06

1st Source Corporation: Provision Normalization To Undermine Top Line Growth

Jan 17

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: Waning Stimulus Effects Likely Weigh On Reported Profitability

Oct 25

1st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance

Jul 31

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

1st Source: Portfolio's Credit Risk In The Limelight

May 09

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 goes ex-dividend on Monday

Jan 29

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SRCE's Assets to Equity ratio (7.5x) is low.

Allowance for Bad Loans: SRCE has a sufficient allowance for bad loans (495%).

Low Risk Liabilities: 94% of SRCE's liabilities are made up of primarily low risk sources of funding.

Loan Level: SRCE has an appropriate level of Loans to Assets ratio (74%).

Low Risk Deposits: SRCE's Loans to Deposits ratio (91%) is appropriate.

Level of Bad Loans: SRCE has an appropriate level of bad loans (0.5%).


Discover healthy companies