1st Source Management
Management criteria checks 3/4
1st Source's CEO is Andrea Short, appointed in Jan 2024, has a tenure of 1.83 years. total yearly compensation is $1.06M, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth $5.32M. The average tenure of the management team and the board of directors is 1.2 years and 6.9 years respectively.
Key information
Andrea Short
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 47.09% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.2yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
1st Source's (NASDAQ:SRCE) Dividend Will Be Increased To $0.40
Oct 29
1st Source: Earnings Growth To Lose Steam After A Good First Half
Aug 251st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year
May 01Here's Why 1st Source Corporation's (NASDAQ:SRCE) CEO Might See A Pay Rise Soon
Apr 181st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
Mar 061st Source: Loan Growth To Boost Earnings, But Stock Appears Fairly Valued
Nov 191st Source: Positive Earnings Outlook Appears Priced In
Sep 04Does 1st Source (NASDAQ:SRCE) Deserve A Spot On Your Watchlist?
Dec 051st Source (NASDAQ:SRCE) Has Announced That It Will Be Increasing Its Dividend To $0.34
Oct 241st Source (NASDAQ:SRCE) Is Due To Pay A Dividend Of $0.32
Jul 25With EPS Growth And More, 1st Source (NASDAQ:SRCE) Makes An Interesting Case
Apr 271st Source GAAP EPS of $1.32 beats by $0.16, revenue of $91.12M beats by $2.8M
Oct 20If EPS Growth Is Important To You, 1st Source (NASDAQ:SRCE) Presents An Opportunity
Oct 141st Source Corp.: Moderate Topline Growth To Partially Counter Provision Normalization
Aug 241st Source's (NASDAQ:SRCE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 261st Source Corp.: Earnings To Dip Despite Favorable Economic Factors
Jun 09Here's Why I Think 1st Source (NASDAQ:SRCE) Might Deserve Your Attention Today
Jun 071st Source: Balanced Bank With Attractive Fee Income Mix
Feb 061st Source Corporation: Provision Normalization To Undermine Top Line Growth
Jan 17If 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 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$147m |
| Jun 30 2025 | n/a | n/a | US$140m |
| Mar 31 2025 | n/a | n/a | US$139m |
| Dec 31 2024 | US$1m | US$498k | US$131m |
| Sep 30 2024 | n/a | n/a | US$128m |
| Jun 30 2024 | n/a | n/a | US$126m |
| Mar 31 2024 | n/a | n/a | US$122m |
| Dec 31 2023 | US$1m | US$465k | US$124m |
| Sep 30 2023 | n/a | n/a | US$126m |
| Jun 30 2023 | n/a | n/a | US$126m |
| Mar 31 2023 | n/a | n/a | US$123m |
| Dec 31 2022 | US$1m | US$417k | US$120m |
| Sep 30 2022 | n/a | n/a | US$116m |
| Jun 30 2022 | n/a | n/a | US$116m |
| Mar 31 2022 | n/a | n/a | US$117m |
| Dec 31 2021 | US$888k | US$385k | US$118m |
| Sep 30 2021 | n/a | n/a | US$116m |
| Jun 30 2021 | n/a | n/a | US$104m |
| Mar 31 2021 | n/a | n/a | US$92m |
| Dec 31 2020 | US$1m | US$364k | US$81m |
| Sep 30 2020 | n/a | n/a | US$76m |
| Jun 30 2020 | n/a | n/a | US$81m |
| Mar 31 2020 | n/a | n/a | US$86m |
| Dec 31 2019 | US$646k | US$333k | US$91m |
| Sep 30 2019 | n/a | n/a | US$91m |
| Jun 30 2019 | n/a | n/a | US$86m |
| Mar 31 2019 | n/a | n/a | US$85m |
| Dec 31 2018 | US$634k | US$320k | US$82m |
Compensation vs Market: Andrea's total compensation ($USD1.06M) is below average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Andrea's compensation has been consistent with company performance over the past year.
CEO
Andrea Short (62 yo)
Ms. Andrea Gayle Short serves as President at 1st Source Bank since July 1, 2020, serves as its Director as well as its CEO since December 1, 2022 and served as its Executive Vice President since October 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 53.8yrs | US$2.04m | 17.82% $ 275.0m | |
| President | 1.8yrs | US$1.06m | 0.34% $ 5.3m | |
| Executive VP | 4.3yrs | US$638.02k | 0.10% $ 1.6m | |
| Executive VP & Chief Risk Officer | less than a year | US$791.99k | 0.31% $ 4.8m | |
| Executive VP & Chief Credit Officer of 1st Source Bank | no data | US$790.22k | 0.31% $ 4.8m | |
| Senior VP | less than a year | no data | no data | |
| Executive Vice President | 2.9yrs | no data | 0.59% $ 9.1m | |
| President & COO of Specialty Finance Group - 1st Source Bank | no data | no data | no data |
Experienced Management: SRCE's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 53.8yrs | US$2.04m | 17.82% $ 275.0m | |
| President | 2.6yrs | US$1.06m | 0.34% $ 5.3m | |
| Lead Independent Director | 30.8yrs | US$165.62k | 0.20% $ 3.1m | |
| Independent Director | 26.8yrs | US$148.62k | 0.21% $ 3.2m | |
| Lead Independent Director | 21.6yrs | US$128.62k | 0.12% $ 1.8m | |
| Independent Director | 6.3yrs | US$127.62k | 0.082% $ 1.3m | |
| Independent Director | 5.3yrs | US$135.62k | 0.058% $ 889.8k | |
| Independent Director | 4.6yrs | US$123.62k | 0.052% $ 803.7k | |
| Independent Director | 7.6yrs | US$152.62k | 0.033% $ 504.4k | |
| Director | 14.6yrs | US$123.12k | 0.61% $ 9.4m | |
| Independent Director | 4.6yrs | US$150.62k | 0.052% $ 801.1k | |
| Independent Director | 3.6yrs | US$166.62k | 0.044% $ 680.2k |
Experienced Board: SRCE's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 14:07 |
| End of Day Share Price | 2025/11/26 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
1st Source Corporation is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | D.A. Davidson & Co. |
| Peter Winter | D.A. Davidson & Co. |
| Damon DelMonte | Keefe, Bruyette, & Woods |