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1st Source CorporationNasdaqGS:SRCE Stok Raporu

Piyasa Değeri US$1.9b
Hisse Fiyatı
US$80.27
US$79.67
0.8% aşırı değerlenmiş içsel indirim
1Y32.7%
7D4.9%
1D
Portföy Değeri
​
Görünüm

1st Source Corporation

NasdaqGS:SRCE Stok Raporu

Piyasa değeri: US$1.9b

1st Source (SRCE) Hisse Özeti

1st Source Corporation, Amerika Birleşik Devletleri'ndeki bireysel ve ticari müşterilere ticari ve bireysel bankacılık hizmetleri, güven ve varlık danışmanlığı hizmetleri ve sigorta ürünleri sunan 1st Source Bank'ın banka holding şirketi olarak faaliyet göstermektedir. Daha fazla detay

Ödüller

Adil değer tahminimizden 35.6% daha düşük bir oranda işlem görüyor

Kazançlar son 5 yılda yılda 7.5% oranında arttı

2.14% oranında güvenilir bir temettü öder

Risk Analizi

Risk kontrollerimizden SRCE için herhangi bir risk tespit edilmedi.

SRCE Community Fair Values

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1st Source Corporation Rakipler

Fiyat Geçmişi ve Performans

Hisse fiyatlarındaki yükseliş, düşüş ve değişimlerin özeti 1st Source
Tarihsel hisse senedi fiyatları
Güncel Hisse FiyatıUS$80.27
52 Haftanın En Yüksek SeviyesiUS$86.64
52 Haftanın En Düşük SeviyesiUS$56.89
Beta0.58
1 Aylık Değişim8.55%
3 Aylık Değişim17.22%
1 Yıllık Değişim32.72%
3 Yıllık Değişim90.48%
5 Yıllık Değişim72.77%
Halka arzdan bu yana değişim7,343.99%

Son Haberler & Güncellemeler

Analiz Makalesi • Jun 20

1st Source (SRCE) Stock Could Be 38% Below Fair Value As Dividend And Growth Support Sentiment

Recent commentary around 1st Source (SRCE) has focused on its dividend track record, expectations for earnings growth this fiscal year, and rising institutional ownership. These factors are shaping how investors view the stock. See our latest analysis for 1st Source. The recent move in 1st Source’s share price to US$76.91 comes after a year where the share price return has picked up, with shorter term gains building on strong multi year total shareholder returns. If you are comparing 1st...
Seeking Alpha • Jun 03

1st Source Corporation: Quality Operations Reflected In Its Current Price

Summary 1st Source Corporation stands out among Midwest regional banks for long-term outperformance and a unique specialty finance portfolio. Q1 2026 results showed solid earnings, dividend growth, and strong net interest margin, but rising credit losses and macro headwinds temper enthusiasm. SRCE's loan mix, with lower CRE exposure and a growing share of non-interest-bearing deposits, differentiates it but introduces specialty lending risks. I rate SRCE a Hold, as near-term upside appears limited absent a takeover, with loan quality and macroeconomic risks warranting caution. Read the full article on Seeking Alpha

Recent updates

Analiz Makalesi • Jun 20

1st Source (SRCE) Stock Could Be 38% Below Fair Value As Dividend And Growth Support Sentiment

Recent commentary around 1st Source (SRCE) has focused on its dividend track record, expectations for earnings growth this fiscal year, and rising institutional ownership. These factors are shaping how investors view the stock. See our latest analysis for 1st Source. The recent move in 1st Source’s share price to US$76.91 comes after a year where the share price return has picked up, with shorter term gains building on strong multi year total shareholder returns. If you are comparing 1st...
Seeking Alpha • Jun 03

1st Source Corporation: Quality Operations Reflected In Its Current Price

Summary 1st Source Corporation stands out among Midwest regional banks for long-term outperformance and a unique specialty finance portfolio. Q1 2026 results showed solid earnings, dividend growth, and strong net interest margin, but rising credit losses and macro headwinds temper enthusiasm. SRCE's loan mix, with lower CRE exposure and a growing share of non-interest-bearing deposits, differentiates it but introduces specialty lending risks. I rate SRCE a Hold, as near-term upside appears limited absent a takeover, with loan quality and macroeconomic risks warranting caution. Read the full article on Seeking Alpha
Analiz Makalesi • Oct 29

1st Source's (NASDAQ:SRCE) Dividend Will Be Increased To $0.40

1st Source Corporation's ( NASDAQ:SRCE ) dividend will be increasing from last year's payment of the same period to...
Analiz Makalesi • May 01

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

The board of 1st Source Corporation ( NASDAQ:SRCE ) has announced that it will be paying its dividend of $0.38 on the...
Analiz Makalesi • Apr 18

Here's Why 1st Source Corporation's (NASDAQ:SRCE) CEO Might See A Pay Rise Soon

Key Insights 1st Source will host its Annual General Meeting on 24th of April Salary of US$836.5k is part of CEO Chris...
Seeking Alpha • Mar 06

1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating

Summary Tariffs on automobiles have been paused for one month. Nevertheless, the chance of resumption creates a high risk for SRCE's Specialty Finance division. The net interest margin appears to be almost neutral to interest rate changes, which is a good quality to have in the currently uncertain interest rate environment. I’m expecting an EPS of $5.53 for 2025, which is slightly below my previous estimate of $5.56. SRCE has an expected price upside of 2.8% and a dividend yield of 2.3%. Hence, I’m maintaining a hold rating. Read the full article on Seeking Alpha
Seeking Alpha • Nov 19

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

Summary The third quarter’s disappointing loan book decline will most probably turn out to be a blip because the operating environment continues to be satisfactory. Rate cuts will likely pressure the margin because the average loan yield is quite rate-sensitive. The December 2025 target price suggests a mid-single-digit price upside only. The dividend yield is 2.2% at a payout ratio of 26%. Read the full article on Seeking Alpha
Seeking Alpha • Sep 04

1st Source: Positive Earnings Outlook Appears Priced In

Summary Economic indicators suggest that loan growth will likely remain below the historical average. Nevertheless, I’m expecting it to be high enough to drive earnings. Interest rate cuts will affect the loan growth and net interest margin in several ways. I’m expecting the overall effect to be slightly negative on the margin. The year-end target price suggests a small downside from the current market price. Further, SRCE is offering a low dividend yield of 2.3%. Read the full article on Seeking Alpha
Analiz Makalesi • Dec 05

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analiz Makalesi • Oct 24

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

1st Source Corporation ( NASDAQ:SRCE ) will increase its dividend on the 15th of November to $0.34, which is 6.3...
Analiz Makalesi • Jul 25

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

1st Source Corporation ( NASDAQ:SRCE ) will pay a dividend of $0.32 on the 11th of August. This payment means that the...
Analiz Makalesi • Apr 27

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha • Oct 20

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

1st Source press release (NASDAQ:SRCE): Q3 GAAP EPS of $1.32 beats by $0.16. Revenue of $91.12M (+3.9% Y/Y) beats by $2.8M.
Analiz Makalesi • Oct 14

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

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha • Aug 24

1st Source Corp.: Moderate Topline Growth To Partially Counter Provision Normalization

Loan growth will likely remain at a moderate level through the end of 2023. Neither the loan portfolio nor the deposit book is highly rate-sensitive. Therefore, the margin will expand only moderately as interest rates surge. Despite headwinds, provisioning will remain at a normal level through the end of 2023 thanks to the high loan loss reserves. The December 2022 target price suggests a moderately high upside from the current market price. Further, SRCE is offering a decent dividend yield. Earnings of 1st Source Corp. (SRCE) will likely dip this year mostly on the back of provision normalization. On the other hand, moderate loan growth will likely support the bottom line. Further, some margin expansion will support earnings. Overall, I'm expecting 1st Source Corporation to report earnings of $4.58 per share for 2022, down 3% year-over-year. Compared to my last report on the company, I've revised upwards my earnings estimate as I've increased both my loan and margin estimates following the second quarter’s extraordinary performance. For 2023, I'm expecting 1st Source to report earnings of $4.68 per share, up 2% year-over-year. The year-end target price suggests a moderately high upside from the current market price. Based on the total expected return, I'm maintaining a buy rating on 1st Source Corporation. Loan Growth Deceleration Likely 1st Source Corporation's loan book grew by a strong 2.9% in the second quarter of 2022, or 11.7% annualized, which beat my expectations. Given the company's historical trend, the second quarter’s growth was extraordinarily high. Half of 1st Source Corporation’s loans belong to the specialty finance segment (aircraft, trucks, construction equipment) while the other half belongs to the community banking segment (mostly small business loans). Therefore, the purchasing managers' index is a good gauge of product demand. Although it has been on a downtrend so far this year, it is still indicating expansion in manufacturing and services segments. US ISM Services PMI data by YCharts The unemployment rate is another appropriate indicator for credit demand. The company mostly operates in northern Indiana and southwest Michigan. While Indiana has a hot labor market with a very low unemployment rate, Michigan's unemployment rate is trailing the national average. Nevertheless, both states have unemployment rates that are near record lows from a historical perspective. However, some of 1st Source Corporation's business sub-segments, especially renewable energy financing, are nationwide. Therefore, the U.S. unemployment rate is also an important metric to determine future credit demand. US Unemployment Rate data by YCharts Considering the mixed economic review, I'm expecting loan growth to decline from the second quarter’s level and remain slightly below the historical mean through the end of 2023. I'm expecting the loan book to grow by 1% every quarter (4% annualized) till the end of next year. Compared to my last report on the company, I've maintained my loan growth estimate for the second half of 2022 and full-year 2023. However, as loan growth surpassed my expectation in the second quarter of 2022, I've revised upward the full-year estimate for this year. Meanwhile, I'm expecting other balance sheet items to grow mostly in line with loans. However, I'm expecting the equity book value to dip this year despite my expectations of positive retained earnings as discussed below. I'm expecting equity book value to dip because the rise in interest rates will build up unrealized losses on the available-for-sale debt securities portfolio. These losses will bypass the income statement and flow directly to the equity account through other comprehensive income. The following table shows my balance sheet estimates. FY18 FY19 FY20 FY21 FY22E FY23E Financial Position Net Loans 4,735 4,974 5,349 5,219 5,527 5,752 Growth of Net Loans 6.8% 5.1% 7.5% (2.4)% 5.9% 4.1% Other Earning Assets 1,034 1,105 1,394 2,374 2,073 2,157 Deposits 5,122 5,357 5,946 6,679 6,880 7,160 Borrowings and Sub-Debt 329 276 291 330 281 292 Common equity 762 828 887 916 897 980 Book Value Per Share ($) 29.4 32.4 34.7 37.0 36.3 39.7 Tangible BVPS ($) 26.1 29.1 31.5 33.6 32.9 36.3 Source: SEC Filings, Author's Estimates (In USD million unless otherwise specified) Combination of Loan and Deposit Mixes Leads to Low Asset Sensitivity Around 63% of the loan portfolio is based on fixed rates, while 37% of the portfolio is based on variable rates, as mentioned in the earnings presentation. Therefore, the average earning-asset yield is not very responsive to interest rate hikes. Meanwhile, the liability side is somewhat mixed in its response to interest rate changes. Savings and interest-bearing demand accounts face the biggest and most urgent repricing pressure in a rising rate environment compared to other types of deposits. These deposits made up 57% of total deposits at the end of June 2022, which is not too high but high enough to have a material impact on average deposit cost as rates rise. The results of the management’s interest-rate sensitivity analysis given in the presentation showed that a 100-basis points hike in interest rates can boost the net interest income by only 2.92% over twelve months. Considering these factors, I'm expecting the margin to grow by 15 basis points in the second half of 2022 before stabilizing in 2023. Compared to my last report, I've revised upwards my margin estimate because of the second quarter’s performance as well as the greater-than-expected Fed Funds rate hike so far this year. Contradictory Factors to Keep Provisioning Near the Historical Mean Loan additions, high interest rates, inflation, and the possibility of a recession will likely keep provisioning elevated for the next few quarters. On the other hand, high reserves for loan losses will keep further provisioning subdued. Allowances were 2.4% of loans and leases, while nonperforming assets were just 0.6% of loans and leases at the end of June 2022. As a result, I'm expecting provisioning to revert to the historical average in the second half of 2022 and full-year 2023. However, due to the below-normal provisioning reported in the first half of this year, the full-year provisioning for 2022 would be below the historical mean. Overall, I'm expecting the net provision expense to make up 0.30% of total loans (annualized) in every quarter till the end of 2023, which is the same as the average for the last five years. Expecting Earnings to Dip by 3% Provisioning normalization will likely be the chief contributor to an earnings decline this year. Further, non-interest income will be lower this year as higher interest rates will curtail income from mortgage refinancing. On the other hand, moderate loan growth and significant margin expansion will likely support the bottom line. Overall, I'm expecting 1st Source Corporation to report earnings of around $4.58 per share for 2022, down 3% year-over-year. For 2023, I'm expecting the company to report earnings of $4.68 per share, up 2% year-over-year. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 214 224 226 237 257 276 Provision for loan losses 19 16 36 (4) 13 17 Non-interest income 97 101 104 100 92 93 Non-interest expense 186 189 187 186 188 201 Net income - Common Sh. 82 92 81 118 113 116 EPS - Diluted ($) 3.16 3.57 3.17 4.70 4.58 4.68 Source: SEC Filings, Author's Estimates (In USD million unless otherwise specified) In my last report on 1st Source Corporation, I projected earnings of $4.19 per share for 2022. I've revised upwards my earnings estimate because I've tweaked upwards both my loan and margin estimates following the second quarter’s performance.
Analiz Makalesi • Jul 26

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

The board of 1st Source Corporation ( NASDAQ:SRCE ) has announced that it will be increasing its dividend by 3.2% on...
Seeking Alpha • Jun 09

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

The loan growth rate will likely improve in the remainder of this year due to Indiana and Michigan’s economic factors. The loan and deposit mixes make the top line moderately sensitive to rate changes. Provision reversals are likely to decline from last year's unsustainable level. The provisioning for new loans will remain below normal. The December 2022 target price suggests a small upside from the current market price. Further, SRCE is offering a decent dividend yield.
Analiz Makalesi • Jun 07

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Hissedar Getirileri

SRCEUS BanksUS Pazar
7D4.9%1.0%-2.3%
1Y32.7%24.1%21.2%

Getiri vs. Endüstri: SRCE geçen yıl % 24.1 oranında getiri sağlayan US Banks sektörünü aştı.

Getiri vs Piyasa: SRCE geçen yıl % 21.2 oranında getiri sağlayan US Piyasasını aştı.

Fiyat Oynaklığı

Is SRCE's price volatile compared to industry and market?
SRCE volatility
SRCE Average Weekly Movement2.6%
Banks Industry Average Movement3.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

İstikrarlı Hisse Senedi Fiyatı: SRCE son 3 ayda US piyasasına kıyasla önemli bir fiyat oynaklığı yaşamadı.

Zaman İçindeki Volatilite: SRCE 'nin haftalık oynaklığı ( 3% ) son bir yıldır istikrarlı seyretti.

Şirket Hakkında

KurulduÇalışanlarCEOWeb sitesi
18631,190Andrea Shortwww.1stsource.com

1st Source Corporation, Amerika Birleşik Devletleri'ndeki bireysel ve ticari müşterilere ticari ve bireysel bankacılık hizmetleri, güven ve varlık danışmanlığı hizmetleri ve sigorta ürünleri sunan 1st Source Bank'ın banka holding şirketi olarak faaliyet göstermektedir. Şirketin tüketici bankacılığı hizmetleri arasında çek ve tasarruf hesapları; mevduat sertifikaları; sağlık tasarrufları ve bireysel emeklilik hesapları; çevrimiçi ve mobil bankacılık ürünleri; tüketici kredileri, gayrimenkul ipotek kredileri ve ev kredisi hatları; ve finansal planlama, finansal okuryazarlık ve diğer danışmanlık hizmetlerinin yanı sıra banka ve kredi kartları bulunmaktadır. Ayrıca, endüstriyel ve ticari mülklerin, ekipmanların, stokların, alacak hesaplarının, satın almaların ve genel kurumsal amaçların finansmanı için ticari, küçük işletme, tarım ve gayrimenkul kredileri; ve ticari kiralama, hazine yönetimi, ödeme hizmetleri, Fedwires, ACH ve tüccar hizmetleri ve emeklilik planlama hizmetlerinin yanı sıra inşaat ve kalıcı krediler ve topluluk güneş enerjisi, ticari ve endüstriyel, küçük hizmet ölçeği, üniversite ve belediye projeleri için vergi özkaynak yatırımları sağlar.

1st Source Corporation Temel Bilgiler Özeti

1st Source'un kazançları ve gelirleri piyasa değeriyle nasıl karşılaştırılır?
SRCE temel i̇stati̇sti̇kler
Piyasa değeriUS$1.90b
Kazançlar(TTM)US$159.23m
Gelir(TTM)US$426.31m
12.1x
F/K Oranı
1.5x
P/B Oranı

SRCE aşırı değerli mi?

Gerçeğe Uygun Değer ve değerleme analizine bakınız

Kazanç ve Gelir

En son kazanç raporundan temel karlılık istatistikleri (TTM)
SRCE gelir tablosu (TTM)
GelirUS$426.31m
Gelir MaliyetiUS$0
Brüt KârUS$426.31m
Diğer GiderlerUS$267.08m
KazançlarUS$159.23m

Son Raporlanan Kazançlar

Mar 31, 2026

Sonraki Kazanç Tarihi

n/a

Hisse başına kazanç (EPS)6.62
Brüt Marj100.00%
Net Kâr Marjı37.35%
Borç/Özkaynak Oranı30.1%

SRCE uzun vadede nasıl bir performans gösterdi?

Geçmiş performansı ve karşılaştırmayı görün

Temettüler

2.1%
Mevcut Temettü Verimi
25%
Ödeme Oranı

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/06/24 22:45
Gün Sonu Hisse Fiyatı2026/06/24 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntıları GitHub sayfamızda mevcuttur; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

1st Source Corporation 4 Bu analistlerden 3, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
null nullD.A. Davidson & Co.
Peter WinterD.A. Davidson & Co.
Damon DelMonteKeefe, Bruyette, & Woods