1st Source Management
Management criteria checks 4/4
1st Source's CEO is Chris Murphy, appointed in Jan 1979, has a tenure of 45.83 years. total yearly compensation is $2.77M, comprised of 29.7% salary and 70.3% bonuses, including company stock and options. directly owns 17.75% of the company’s shares, worth $257.74M. The average tenure of the management team and the board of directors is 3.3 years and 5.9 years respectively.
Key information
Chris Murphy
Chief executive officer
US$2.8m
Total compensation
CEO salary percentage | 29.7% |
CEO tenure | 45.8yrs |
CEO ownership | 17.7% |
Management average tenure | 3.3yrs |
Board average tenure | 5.9yrs |
Recent management updates
Recent updates
1st 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 251st Source: Waning Stimulus Effects Likely Weigh On Reported Profitability
Oct 251st Source: Revising Up The Earnings Estimate Because Of Better Than Expected Credit Performance
Jul 311st Source's (NASDAQ:SRCE) Dividend Will Be Increased To US$0.31
Jul 261st Source: Portfolio's Credit Risk In The Limelight
May 09Is 1st Source Corporation (NASDAQ:SRCE) A Smart Pick For Income Investors?
Mar 031st Source goes ex-dividend on Monday
Jan 29CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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$3m | US$821k | 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$2m | US$810k | 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$2m | US$808k | 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$2m | US$822k | 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$2m | US$771k | 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$2m | US$746k | US$82m |
Sep 30 2018 | n/a | n/a | US$78m |
Jun 30 2018 | n/a | n/a | US$76m |
Mar 31 2018 | n/a | n/a | US$70m |
Dec 31 2017 | US$2m | US$730k | US$68m |
Compensation vs Market: Chris's total compensation ($USD2.77M) is below average for companies of similar size in the US market ($USD5.64M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Murphy (77 yo)
45.8yrs
Tenure
US$2,768,600
Compensation
Mr. Christopher J. Murphy, III, also known as Chris, serves as Director at Federal Reserve Bank of Chicago. He has been Chief Executive Officer of 1st Source Corporation since 1979 and served as its Presid...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Chairman | 45.8yrs | US$2.77m | 17.75% $ 257.7m | |
President & Director | less than a year | US$1.26m | 0.33% $ 4.8m | |
Senior VP | 3.3yrs | US$686.44k | 0.097% $ 1.4m | |
Executive VP | 23.8yrs | US$946.79k | 0.30% $ 4.3m | |
Executive VP & Chief Credit Officer of 1st Source Bank | no data | US$943.06k | 0.30% $ 4.3m | |
Executive VP & Chief Digital Officer | 1.9yrs | no data | no data | |
President & COO of Specialty Finance Group - 1st Source Bank | no data | no data | no data |
3.3yrs
Average Tenure
64yo
Average Age
Experienced Management: SRCE's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Chairman | 52.8yrs | US$2.77m | 17.75% $ 257.7m | |
President & Director | 1.6yrs | US$1.26m | 0.33% $ 4.8m | |
Independent Director | 29.8yrs | US$161.57k | 0.20% $ 2.9m | |
Independent Director | 25.8yrs | US$144.07k | 0.19% $ 2.8m | |
Lead Independent Director | 20.6yrs | US$146.57k | 0.11% $ 1.6m | |
Independent Director | 5.3yrs | US$151.57k | 0.071% $ 1.0m | |
Independent Director | 4.3yrs | US$136.57k | 0.047% $ 683.2k | |
Independent Director | 3.6yrs | US$116.57k | 0.046% $ 667.8k | |
Independent Director | 6.6yrs | US$156.57k | 0.032% $ 458.1k | |
Director | 13.6yrs | US$123.57k | 0.60% $ 8.8m | |
Independent Director | 3.6yrs | US$146.57k | 0.040% $ 586.5k | |
Independent Director | 2.6yrs | US$130.57k | 0.032% $ 469.5k |
5.9yrs
Average Tenure
62yo
Average Age
Experienced Board: SRCE's board of directors are considered experienced (5.9 years average tenure).