1st Source Corporation (SRCE)

US — Financial Services Sector
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Key Metrics & Ratings

  • symbol SRCE
  • Rev/Share 17.9925
  • Book/Share 49.723
  • PB 1.2875
  • Debt/Equity 0.0871
  • CurrentRatio 1379.9418
  • ROIC 0.1503

 

  • MktCap 1496371868.0
  • FreeCF/Share 8.5299
  • PFCF 7.1466
  • PE 10.653
  • Debt/Assets 0.0113
  • DivYield 0.024
  • ROE 0.127

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 4
  • P/B Score 2
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade SRCE Piper Sandler Neutral Overweight $70 $72.5 Jan. 27, 2025

News

Are You Looking for a High-Growth Dividend Stock?
SRCE
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news Are You Looking for a High-Growth Dividend Stock?
1st Source Announces Promotion of Brian Duba to General Counsel and Secretary
SRCE
Published: May 20, 2025 by: Newsfile Corp
Sentiment: Neutral

South Bend, Indiana--(Newsfile Corp. - May 20, 2025) - 1st Source Corporation, (NASDAQ: SRCE) along with Chairman and CEO Christopher J. Murphy III are pleased to announce the Board of Directors' promotion of Brian Duba to General Counsel and Secretary of 1st Source Corporation and 1st Source Bank.

Read More
image for news 1st Source Announces Promotion of Brian Duba to General Counsel and Secretary
1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year
SRCE
Published: May 15, 2025 by: Newsfile Corp
Sentiment: Neutral

Among 16 U.S. banks with the strongest/most consistent earnings growth South Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the seventh consecutive year. They are among just 16 U.S. Banks on the list, placing its long-term performance among the top 5% of eligible banks in the United States.

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image for news 1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year
Buy These 5 Low-Leverage Stocks Amid Easing U.S.-China Trade Tension
DORM, KINS, MTZ, SRCE, STRL
Published: May 14, 2025 by: Zacks Investment Research
Sentiment: Positive

The crux of safe investment lies in choosing a company that is not burdened with debt. You may buy SRCE, KINS, MTZ, DORM and STRL.

Read More
image for news Buy These 5 Low-Leverage Stocks Amid Easing U.S.-China Trade Tension
1st Source (SRCE) Could Be a Great Choice
SRCE
Published: May 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news 1st Source (SRCE) Could Be a Great Choice
Are You Looking for a High-Growth Dividend Stock?
SRCE
Published: April 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news Are You Looking for a High-Growth Dividend Stock?
1st Source (SRCE) Could Be a Great Choice
SRCE
Published: April 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news 1st Source (SRCE) Could Be a Great Choice
1st Source Again Ranked in Top 50 Community Banks by S&P Global
SRCE
Published: April 03, 2025 by: Newsfile Corp
Sentiment: Neutral

S&P Global Market Intelligence's Top 50 Community Banks $3B-$10B South Bend, Indiana--(Newsfile Corp. - April 3, 2025) - 1st Source Corporation (NASDAQ: SRCE) is pleased to announce that they ranked #25 on S&P Global Market Intelligence's Top 50 Community Banks list of institutions with $3B-$10B in assets. This is the second year in a row that they've made the list of best-performing community banks.

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image for news 1st Source Again Ranked in Top 50 Community Banks by S&P Global
Best Momentum Stocks to Buy for March 27th
ASLE, EFSC, SRCE
Published: March 27, 2025 by: Zacks Investment Research
Sentiment: Positive

ASLE, EFSC and SRCE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 27, 2025.

Read More
image for news Best Momentum Stocks to Buy for March 27th
Are You Looking for a High-Growth Dividend Stock?
SRCE
Published: March 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news Are You Looking for a High-Growth Dividend Stock?
1st Source Bank Named Among America's Best Midsize Employers for Fourth Year
SRCE
Published: March 11, 2025 by: Newsfile Corp
Sentiment: Neutral

South Bend, Indiana--(Newsfile Corp. - March 11, 2025) - 1st Source Bank (NASDAQ: SRCE) is pleased to announce that they were named once again to Forbes' list of America's Best Midsize Employers. This is the 10th anniversary of the list's creation and the fourth year that the Bank received the honor, following 2021, 2022, and 2023.

Read More
image for news 1st Source Bank Named Among America's Best Midsize Employers for Fourth Year
1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
SRCE
Published: March 06, 2025 by: Seeking Alpha
Sentiment: Negative

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.

Read More
image for news 1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
1st Source (SRCE) Upgraded to Strong Buy: Here's Why
SRCE
Published: March 05, 2025 by: Zacks Investment Research
Sentiment: Positive

1st Source (SRCE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read More
image for news 1st Source (SRCE) Upgraded to Strong Buy: Here's Why
Why 1st Source (SRCE) is a Great Dividend Stock Right Now
SRCE
Published: March 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news Why 1st Source (SRCE) is a Great Dividend Stock Right Now
Finding the Best Top-Ranked Stocks to Buy Amid the Market Pullback
SRCE
Published: February 25, 2025 by: Zacks Investment Research
Sentiment: Positive

How investors can use a Zacks screen to help find some of the best Zacks Rank #1 (Strong Buy) stocks to consider buying as we head into March.

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image for news Finding the Best Top-Ranked Stocks to Buy Amid the Market Pullback
Why 1st Source (SRCE) is a Top Dividend Stock for Your Portfolio
SRCE
Published: February 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?

Read More
image for news Why 1st Source (SRCE) is a Top Dividend Stock for Your Portfolio

About 1st Source Corporation (SRCE)

  • IPO Date 1983-08-12
  • Website https://www.1stsource.com
  • Industry Banks - Regional
  • CEO Mr. Christopher J. Murphy III
  • Employees 1205

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services. As of December 31, 2021, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.