1st Source Corporation SRCE

86.09 0.68 0.80% as of 25 Sep
Market cap
$2.1B
P/E
12.4×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.00
Total sells 0.25
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — 1 — — — — — — —
Sell — — 2 — — — — — — — 1 —
Insider Ownership 26.27%

Capital & Financial Ratios

Market Cap 2,060.00
Revenue 608.55
Net Income 170.91
Free Cash Flow 215.70
Net Debt (32.51)
Current Ratio 0.97
Debt/Equity 0.07
P/E ratio 12.37
P/S ratio 3.41
P/B ratio 1.53
Past 5Y EPS Growth 8.67%
This Y EPS Growth 12.95%
Next Y EPS Growth 2.16%
Next 5Y EPS Growth 7.24%
in millions of $

Dividends

Payout Ratio 0.25
Annual Dividend Rate 1.28
Annual Dividend Yield 2.70%
total individual payouts
2027 Powerpack
2026 1.73
0.40
0.43
0.45
2025 1.52
0.36
0.38
0.38
0.40
2024 1.40
0.34
0.34
0.36
0.36
2023 1.30
0.32
0.32
0.32
0.34
2022 1.26
0.31
0.31
0.32
0.32
2021 1.21
0.29
0.30
0.31
0.31
2020 1.13
0.29
0.28
0.28
0.28
2019 1.10
0.27
0.27
0.27
0.29
2018 0.96
0.22
0.24
0.25
0.25
2017 0.76
0.18
0.19
0.19
0.20
2016 0.72
0.18
0.18
0.18
0.18
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 130 125 120 127
Receivables — — — —
Inventory — — — —
Other — — — —
6,930 7,223 7,361 7,566
2023 2024 2025 Q'26
Payables 7,039 7,230 7,226 7,432
ST’ Debt — — — —
Other — — — —
7,553 7,653 7,635 7,815
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 8.39% 10.34% 15.93%
Cash Flow 8.29% 7.63% 8.32%
Earnings 10.56% 14.16% 9.49%
Book Value 7.42% 7.21% 12.58%

Revenue

Mar Jun Sep Dec Year
’26 149 156 — — —
’25 146 150 153 151 600
’24 139 144 146 142 570
’23 118 123 132 135 508
’22 85 91 98 111 385
’21 88 87 92 88 355
’20 92 89 91 95 367
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 59 51 — — —
’25 72 45 51 55 223
’24 42 50 68 34 194
’23 47 45 52 44 188
’22 42 45 45 44 176
’21 42 44 19 62 167
’20 33 11 53 57 154
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 58 52 — — —
’25 71 44 51 54 221
’24 45 48 68 30 191
’23 46 46 52 44 188
’22 47 48 46 42 183
’21 43 47 21 61 171
’20 37 24 56 70 188
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.63 1.97 — — —
’25 1.52 1.51 1.71 1.67 6.41
’24 1.19 1.49 1.41 1.27 5.36
’23 1.25 1.30 1.32 1.16 5.03
’22 1.10 1.18 1.32 1.25 4.84
’21 1.10 1.19 1.29 1.11 4.70
’20 0.64 0.72 0.78 1.03 3.17
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
27.01 42.15 38.44 39.11 26.07 38.73 42.29 38.77 47.30 52.14

Analyst estimates 2026–2028

Powerpack
Low Price
45.61 53.29 59.33 53.42 52.16 51.20 59.94 56.59 68.13 67.77
High Price
1,150 1,125 1,150 1,175 1,175 1,130 1,150 1,170 1,205 1,190
Employees
0 0 0 0 0 0 0 0 0 1
Revenue/Emp
281 311 354 384 367 355 385 508 570 600
Revenue
92.13% 91.40% 87.75% 84.63% 89.86% 94.89% 92.12% 72.76% 67.88% 72.30%
Gross Margin
89 101 105 120 106 155 157 162 171 204
EBT
31.75% 32.58% 29.64% 31.29% 28.98% 43.65% 40.72% 31.86% 29.99% 34.06%
EBT Margin
58 68 82 92 81 119 121 125 133 158
Net Income
34 37 36 39 37 31 23 19 14 8
Depreciation
10.85 12.00 13.66 15.00 14.37 14.17 15.60 20.62 23.28 24.50
Revenue/Sh
2.22 2.60 3.16 3.57 3.17 4.70 4.84 5.03 5.36 6.41
Earnings/Sh
3.79 5.39 6.16 6.43 6.05 6.66 7.11 7.63 7.91 9.11
Cash Flow/Sh
(1.42) (1.66) (0.41) 0.15 1.33 0.18 0.28 0.01 (0.13) (0.09)
Capex/Sh
2.37 3.73 5.75 6.58 7.38 6.84 7.39 7.65 7.78 9.03
Free CF/Sh
25.99 27.71 29.44 33.15 36.46 38.72 37.42 43.40 48.23 53.83
Book Value/Sh
26 26 26 26 26 25 25 25 24 24
Shares
20.05 19.02 12.81 14.49 12.71 10.58 10.88 10.84 10.89 9.75
PE Ratio
4.10 4.14 2.95 3.46 2.80 3.50 3.38 2.64 2.51 2.55
PS Ratio
1.71 1.79 1.37 1.57 1.11 1.28 1.41 1.26 1.21 1.16
PB Ratio
4.19 4.30 3.04 3.58 2.52 2.39 3.34 2.60 2.46 2.52
EV/Sales
19.22 13.84 7.22 8.17 4.92 4.95 7.04 7.01 7.36 6.84
EV/FCF
98 140 160 165 154 167 176 188 194 223
Op' Cash Flow
(37) (43) (11) 4 34 4 7 0 (3) (2)
Capex
61 97 149 168 188 171 183 188 191 221
FCF
(327) (361) (396) (338) (352) (970) (932) (623) (430) (274)
Working Cap'
133 129 130 130 141 130 105 107 98 102
Total Debt
25 51 31 47 (102) (395) (17) (23) (27) (18)
Net Debt
673 719 764 849 931 969 924 1,068 1,182 1,318
Sh' Equity
1.08% 1.19% 1.35% 1.42% 1.16% 1.53% 1.45% 1.45% 1.49% 1.74%
ROA
7.99% 8.23% 8.26% 8.38% 8.02% 16.86% 10.81% 9.67% 9.26% 9.82%
ROIC
8.78% 9.71% 11.12% 11.34% 9.09% 12.38% 12.63% 12.42% 11.68% 12.55%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

1st Source Corporation (SRCE) key facts

  • 1st Source Corporation (SRCE) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • 1st Source Corporation’s revenue for fiscal 2025 (year ended December 2025) was $600.0 million, up 5.20% from fiscal 2024.
  • Net income was $158.3 million, or $6.41 per share (basic), a net margin of 26.1%.
  • As of September 25, 2026, SRCE traded at $86.09, a market capitalization of $2.1 billion.
  • At that price the stock trades at 12.4× trailing-twelve-month earnings and 3.4× sales.
  • 1st Source Corporation pays an annual dividend of $1.28 per share, a yield of 2.70%, with a payout ratio of 25.1%.
  • Return on equity was 12.6% and debt-to-equity 0.07.

Source: company filings (standardised) and stockrow calculations.

1st Source Corporation (SRCE) Latest News

News by impact score

Fine-tune

25 Sep

3

1st Source (SRCE) is a South Bend–based financial company. The stock has surged about 36.68% year-to-date. It currently pays a dividend of $0.45 per share, for a yield around 2.11%. The annualized dividend stands at $1.80, up 18.4% from last year, with five consecutive annual increases over the past five years (avg. 5.67%). The payout ratio is 25% of trailing earnings. Zacks projects 2026 earnings at $7.26 per share, up about 13.3% year over year. The piece notes that dividends can improve returns and reduce risk, but warns high-yield stocks can struggle as rates rise. SRCE is framed as an attractive dividend play and a compelling investment opportunity, aided by a Zacks Rank of #2 (Buy). The article situates SRCE among banks and contrasts its yield with industry and S&P benchmarks. Positive tilt toward SRCE with dividend growth and earnings upside could lift sentiment but lacks near-term catalysts.

22 Sep

3

1st Source (SRCE) trades near $85.81 after a roughly 120% three-year run, prompting questions about whether valuation reflects profitability in lending and fees. An Excess Returns model uses a book value of $54.41 per share and an average ROE of 11.22% to yield a stable EPS of $6.71 and a cost of equity of $4.33; the resulting excess earnings of $2.38 per share and a stable book value of $59.78 per share imply intrinsic value well above the current price. The analysis notes a 12.2x P/E and frames the upside in terms of durable capital returns and a reinvestment strategy. It also references a management-incentive discussion and a narrative tool to test growth, margins, and capital allocation against outcomes. The assessment emphasizes valuation rather than a near-term operational event. Undervalued signal with intrinsic value above price suggesting upside, but lacking near-term catalysts.

21 Sep

3

1st Source Corporation, a regional bank holding company serving Indiana, Michigan, and Florida, posted a strong six-month stock rally of 26.1% that beat the S&P 500 by about 9.8, with the shares trading around $85.89. The strength comes on the back of solid Q2 results and improving profitability, notably a net interest margin that averaged 4.1% over the past two years, up 68.5 basis points. Tangible book value per share climbed 9.3% annually over five years and 14% annually over the last two years, rising from $39.16 to $50.93. Net interest income rose about 9.6% per year over five years, slightly behind the broader banking sector. However, net interest income quality remains a focus, and the company faces softer demand. The stock trades at about 1.5x forward P/B. A full research report is offered, raising whether now is a good entry point. Solid earnings and margin expansion support sentiment but lack of new strategic moves limits long-term impact.

25 Jul

4

1st Source (SRCE) beat earnings, raised dividends and completed buybacks, prompting positive investor reactions. Earnings beat, dividend hike and buybacks completion strengthen financial position and investor sentiment for SRCE.

23 Jul

4

1st Source Corporation posted record second quarter results and declared an increased cash dividend. Record quarterly earnings combined with a dividend increase point to stronger financial performance that can lift stock valuation and investor sentiment.

3

1st Source (SRCE) reported Q2 earnings and revenues that exceeded analyst estimates. Q2 earnings beat signals moderately stronger quarterly results likely to lift short-term investor sentiment.

3

1st Source Corporation reported sales above expectations for Q2 CY2026. Quarterly sales beat can lift near-term investor sentiment and share price.

25 May

3

SRCE presents two factors supporting ongoing observation alongside one cautionary element affecting its outlook. SRCE outlook shaped by two positive elements balanced against one risk factor.

28 Apr

4

1st Source Corporation reported record earnings, strong growth, and announced CEO succession at its 2026 Virtual Annual Meeting. Record earnings and growth enhance financial performance, while CEO succession addresses key leadership transition with potential strategic implications.

23 Apr

4

1st Source Corporation (NASDAQ:SRCE) posted better-than-expected sales in Q1 CY2026. Better-than-expected Q1 sales signal strong financial health, likely driving positive investor sentiment and stock performance.

4

1st Source Corporation reported record first quarter results and declared an increased cash dividend. Record Q1 results and dividend increase signal strong financial health, likely boosting investor sentiment and stock performance.

3

1st Source Corporation (SRCE) reported Q1 earnings below analyst estimates. Missing Q1 earnings highlights financial underperformance with moderate effects on investor sentiment and near-term stock trajectory.

16 Apr

3

1st Source Corporation (SRCE) earnings expected to grow, prompting question of whether to buy the stock. Expected earnings growth signals moderate positive impact on financial performance and investor sentiment.

17 Feb

4

1st Source Corporation (SRCE) achieved another year of record earnings and dividend growth, prompting a detailed valuation analysis highlighting its strong financial performance and attractive investment metrics. Record earnings and dividend growth demonstrate robust financial health, likely boosting investor sentiment and stock trajectory.

3

1st Source Corporation (SRCE) reaches 38-year milestone of consecutive dividend growth, potentially altering the bull case for the stock. 38-year dividend growth streak bolsters investor confidence in financial stability and reliability without transforming core operations.

9 Feb

3

1st Source Corporation (SRCE) is highlighted for its strong financial performance and solid dividend yield, making it an attractive investment. However, concerns arise regarding its exposure to economic downturns, which could impact future growth. Investors are advised to weigh these factors carefully. The company's financial performance and dividend yield are positive, but economic exposure presents a risk that could limit overall growth.

4 Feb

4

1st Source Corporation (SRCE) is highlighted as a strong investment choice due to its solid financial performance, strategic growth initiatives, and positive market sentiment. The company has demonstrated resilience in its operations and is well-positioned to capitalize on emerging opportunities in the banking sector. Analysts suggest that SRCE's focus on customer service and community engagement further enhances its competitive edge, making it an attractive option for investors looking for stability and growth potential. Significant strategic growth initiatives and positive market sentiment are expected to influence the company's future performance.

4

1st Source Corporation (SRCE) is highlighted as an undervalued investment opportunity in the US market for February 2026, showcasing its strong financial performance, strategic growth initiatives, and potential for future expansion. Analysts emphasize the company's solid fundamentals and competitive positioning within the banking sector, suggesting that it may be overlooked by investors seeking growth stocks. The article encourages investors to consider SRCE as a promising addition to their portfolios, given its favorable market conditions and growth prospects. Strong financial performance and strategic growth initiatives indicate significant potential for future impact.

3

1st Source Corporation (SRCE) has reached a new high in its stock performance, prompting discussions about its potential for further growth. Analysts are evaluating the company's financial health and market position to determine if there is still room for the stock to rise. Factors influencing this assessment include recent market trends and the company's strategic initiatives. Current stock performance indicates a moderately noticeable influence on future financial outcomes and market sentiment.

31 Jan

4

1st Source Corporation is expected to see higher earnings in 2025, which may lead to increased capital returns. Analysts suggest that this potential growth could shift the investment narrative surrounding the company, attracting more investor interest and possibly enhancing its market position. The anticipated earnings growth is seen as a positive indicator for the company's future performance. Higher earnings projections and capital returns are likely to significantly influence investor sentiment and the company's market trajectory.

30 Jan

4

1st Source Corporation (SRCE) has received a rating upgrade to 'Buy' from analysts, reflecting improved financial performance and positive market sentiment. The upgrade is expected to enhance investor confidence and may lead to increased stock demand. Analysts highlight the company's strong fundamentals and growth potential as key factors in the decision. The rating upgrade indicates significant positive shifts in investor sentiment and potential for enhanced market performance.

23 Jan

3

1st Source Corporation (NASDAQ:SRCE) reported its Q4 CY2025 results, which were in line with market expectations. The financial performance reflected stable operations and consistent growth, maintaining investor confidence. Key metrics showed resilience despite broader economic challenges, indicating effective management and strategic positioning. Financial performance in line with expectations suggests moderate influence on future operations and market sentiment.

22 Jan

4

1st Source Corporation reported record annual earnings and declared a cash dividend, continuing its history of increased dividends. The company's strong financial performance highlights its growth and commitment to returning value to shareholders. Record earnings and a declared dividend signal significant financial health and positive investor sentiment.

6 Jan

3

1st Source Corporation (SRCE) is highlighted as a potential investment opportunity in January 2026, categorized as an undiscovered gem in the U.S. market. The article emphasizes the company's strong fundamentals, growth potential, and favorable market conditions that could enhance its performance. Investors are encouraged to consider SRCE for its promising outlook amidst a competitive landscape. The company's growth potential and favorable market conditions may moderately influence its financial performance and competitive positioning.

4 Jan

3

1st Source Corporation (SRCE) is highlighted as a safe and steady stock with solid fundamentals, alongside another similar stock. The article emphasizes the company's stability and growth potential, while also questioning the outlook of a third stock mentioned. Investors are encouraged to consider SRCE for its reliable performance in the current market environment. The company's solid fundamentals suggest a moderately noticeable influence on its financial performance and market positioning.

21 Dec

4

1st Source Corporation (NASDAQ:SRCE) has delivered an impressive 87% return to its investors over the past five years, reflecting strong performance and growth. This notable return highlights the company's effective strategies and resilience in the market, contributing positively to investor sentiment. The significant return over five years indicates strong financial performance and potential for continued growth, impacting investor sentiment positively.

3

1st Source Corporation (SRCE) has experienced a steady increase in share price over several years, prompting an assessment of its current valuation. Analysts are evaluating the sustainability of this growth and potential future performance in light of market conditions and company fundamentals. The steady share price increase suggests a moderately noticeable influence on financial performance and market sentiment.

15 Dec

3

1st Source Corporation (SRCE) reported its Q3 financial results, highlighting a solid performance with increased net income and improved asset quality. The bank's loan growth and deposit levels remained stable, contributing to a positive outlook. Management emphasized their commitment to community banking and strategic initiatives aimed at enhancing customer service and operational efficiency. Overall, the results reflect a resilient regional banking sector amid economic challenges. The financial results indicate moderate growth and stability, which may influence investor sentiment and operational aspects but are not expected to drastically change the company's trajectory.

11 Dec

3

1st Source Corporation (SRCE) is highlighted for its strong loan growth and solid asset quality, which are positive indicators for future performance. However, concerns arise from its relatively high valuation compared to peers, which may limit upside potential. Investors are advised to weigh these factors carefully. Loan growth and asset quality improvements may positively influence financial performance, but high valuation could balance the overall effect.

25 Nov

4

1st Source Corporation is highlighted as a bank stock with significant potential, contrasting with two other banks that are underperforming. The article emphasizes the strengths and opportunities that make SRCE an attractive investment option in the current market landscape. 1st Source Corporation is positioned favorably in the market, indicating a significant impact on its future performance.

stockrow.com/SRCE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com