Saturday 17 October 2026 Export SRCE’s income statement to Excel — free account

1st Source Corporation

1st Source Corporation’s revenue for fiscal 2025 (year ended December 2025) was $600.0 million, up 5.20% from fiscal 2024. In the quarter to June 2026, revenue grew 3.88%, EPS grew 29.1%, free cash flow grew 16.8% and total debt fell 5.79%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for five; insiders bought in the last twelve months.

85.91 0.33 +0.39%

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Market cap: $2.1B
P/E: 12.3×
Fwd P/E: 11.1×
Dividend yield: 1.96%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.00

Total sells 0.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	—	—	—
Sell	—	2	—	—	—	—	—	—	—	1	—	—

Insider Ownership 26.27%

Capital & Financial Ratios $m

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 12.34

Fwd P/E 11.10

P/S ratio 3.40

P/B ratio 1.53

Past 5Y EPS Growth 15.12%

This Y EPS Growth 12.95%

Next Y EPS Growth 2.16%

Next Y revenue growth (21.87%)

Next 5Y EPS Growth 6.07%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 53.30%

10-year low 10-year high

P/S against its own 10 years 70.73%

10-year low 10-year high

P/B against its own 10 years 74.24%

10-year low 10-year high

Dividends

Payout Ratio 0.24

Annual Dividend Rate 1.68

Annual Dividend Yield 1.96%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.72	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 special payouts not included in total or ratios

Assets vs Liabilities $m

	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

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 $m

	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

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	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

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	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

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	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
	High	45.61	53.29	59.33	53.42	52.16	51.20	59.94	56.59	68.13	67.77
People
People	Employees	1,150	1,125	1,150	1,175	1,175	1,130	1,150	1,170	1,205	1,190
	Revenue/emp, $m	0.24	0.28	0.31	0.33	0.31	0.31	0.33	0.43	0.47	0.50
Income, $m
Income, $m	Revenue	281	311	354	384	367	355	385	508	570	600
	Gross margin, %	92.13	91.40	87.75	84.63	89.86	94.89	92.12	72.76	67.88	72.30
	EBT	89	101	105	120	106	155	157	162	171	204
	EBT margin, %	31.75	32.58	29.64	31.29	28.98	43.65	40.72	31.86	29.99	34.06
	Net income	58	68	82	92	81	119	121	125	133	158
	Depreciation	34	37	36	39	37	31	23	19	14	8
Per share, $
Per share, $	Revenue	10.85	12.00	13.66	15.00	14.37	14.17	15.60	20.62	23.28	24.50
	Earnings	2.22	2.60	3.16	3.57	3.17	4.70	4.84	5.03	5.36	6.41
	Cash flow	3.79	5.39	6.16	6.43	6.05	6.66	7.11	7.63	7.91	9.11
	Capex	(1.42)	(1.66)	(0.41)	0.15	1.33	0.18	0.28	0.01	(0.13)	(0.09)
	Free cash flow	2.37	3.73	5.75	6.58	7.38	6.84	7.39	7.65	7.78	9.03
	Book value	25.99	27.71	29.44	33.15	36.46	38.72	37.42	43.40	48.23	53.83
	Shares, m	26	26	26	26	26	25	25	25	24	24
Valuation, ×
Valuation, ×	P/E	20.05	19.02	12.81	14.49	12.71	10.58	10.88	10.84	10.89	9.75
	P/S	4.10	4.14	2.95	3.46	2.80	3.50	3.38	2.64	2.51	2.55
	P/B	1.71	1.79	1.37	1.57	1.11	1.28	1.41	1.26	1.21	1.16
	EV/Sales	4.19	4.30	3.04	3.58	2.52	2.39	3.34	2.60	2.46	2.52
	EV/FCF	19.22	13.84	7.22	8.17	4.92	4.95	7.04	7.01	7.36	6.84
Cash, $m
Cash, $m	Operating cash flow	98	140	160	165	154	167	176	188	194	223
	Capex	(37)	(43)	(11)	4	34	4	7	0	(3)	(2)
	Free cash flow	61	97	149	168	188	171	183	188	191	221
Balance, $m
Balance, $m	Working capital	(327)	(361)	(396)	(338)	(352)	(970)	(932)	(623)	(430)	(274)
	Total debt	133	129	130	130	141	130	105	107	98	102
	Net debt	25	51	31	47	(102)	(395)	(17)	(23)	(27)	(18)
	Shareholders’ equity	673	719	764	849	931	969	924	1,068	1,182	1,318
Returns, %
Returns, %	ROA	1.08	1.19	1.35	1.42	1.16	1.53	1.45	1.45	1.49	1.74
	ROIC	7.99	8.23	8.26	8.38	8.02	16.86	10.81	9.67	9.26	9.82
	ROE	8.78	9.71	11.12	11.34	9.09	12.38	12.63	12.42	11.68	12.55

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
OFG OFG Bancorp	$2.2B	10.3×	9.8×	+2.40% (above 0%: growing)	+20.87% (above 0%: growing)	+41.84% (above 0%: growing)	82.69%	0.00%	Compare
NWBI Northwest Bancshares, Inc.	$2.2B	14.2×	10.3×	+18.20% (above 0%: growing)	+42.31% (above 0%: growing)	+538.73% (above 0%: growing)	75.69%	0.00%	Compare
WAFD WaFd, Inc.	$2.2B	9.1×	10.9×	+1.80% (above 0%: growing)	+16.44% (above 0%: growing)	+33.88% (above 0%: growing)	57.68%	0.00%	Compare
EFSC Enterprise Financial Services Corporation	$2.2B	11.8×	11.1×	+1.34% (above 0%: growing)	−19.12% (below 0%: shrinking)	+15.23% (above 0%: growing)	75.04%	0.00%	Compare
SRCE 1st Source Corporation	$2.1B	12.3×	11.1×	+3.88% (above 0%: growing)	+29.14% (above 0%: growing)	+16.78% (above 0%: growing)	75.70%	0.00%
FCF First Commonwealth Financial Corporation	$2.0B	12.4×	11.1×	+1.44% (above 0%: growing)	+37.50% (above 0%: growing)	−98.48% (below 0%: shrinking)	74.84%	0.00%	Compare
TBBK The Bancorp, Inc.	$2.0B	9.2×	9.1×	−9.61% (below 0%: shrinking)	+14.06% (above 0%: growing)	−31.16% (below 0%: shrinking)	79.72%	0.00%	Compare
CHCO City Holding Company	$2.0B	15.5×	14.0×	+1.16% (above 0%: growing)	+2.62% (above 0%: growing)	+19.16% (above 0%: growing)	80.74%	0.00%	Compare
BLX Bladex Inc.	$1.9B	9.0×	8.9×	+3.74% (above 0%: growing)	+2.31% (above 0%: growing)	−117.11% (below 0%: shrinking)	43.99%	0.00%	Compare
Median of peers	$2.1B	11.1×	10.6×	+1.62%	+15.25%	+17.20%	75.36%	0.00%

All 323 Banks Regional stocks →

1st Source Corporation (SRCE) key facts

Strength: 1st Source Corporation’s revenue for fiscal 2025 (year ended December 2025) was $600.0 million, up 5.20% from fiscal 2024.
Strength: Net income was $158.3 million, or $6.41 per share (basic), a net margin of 26.1%.
1st Source Corporation (SRCE) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, SRCE traded at $85.91, a market capitalization of $2.1 billion.
At that price the stock trades at 12.3× trailing-twelve-month earnings and 3.4× sales; its P/E is higher than 53% of its own readings over the past ten years.
1st Source Corporation pays an annual dividend of $1.68 per share, a yield of 1.96%, with a payout ratio of 24.1%.
Return on equity was 12.6% and debt-to-equity 0.07.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.