SRCE logo

1ST SOURCE CORP

SRCENASDAQ
πŸ† #1642 by market capEarnings Oct 22US Equity
$88.08β–² $0.76 (+0.86%)
Market closed Β· at close
1hβ€”
24hβ–² 0.9%
7dβ–Ό 2.1%
14dβ–Ό 2.4%
30dβ–² 7.7%
1yβ–² 44.7%
🏦Market Cap
$2.12B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+43.2%
High Growth
πŸ“ŠGross Margin
β€”
πŸ’΅FCF Margin
31.3%
Strong
βš–οΈP/S Ratio
3.2x
Fair
Otter Score
52
Weak

Trading Snapshot

Day Range
$87.51 – $89.52
52-Week Range
$56.89 – $91.46
Volume
$2.14B
Avg Volume
$1.80B
Shares Outstanding
24.1M
Next Earnings
Oct 22, 2026

Fundamentals Snapshot

Annual Revenue
$600M
Last Q Revenue
$156M
P/E Ratio
12.4
P/S Ratio
3.2x
EPS (TTM)
$7.04
Dividend Yield
1.92%

Why Investors Own SRCE

  • βœ“High-growth profile β€” revenue up +33.0% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 27% gross margin and 8% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$600Mβ–² +32.6% YoY
Gross Margin (TTM)
27.4%β–Ό βˆ’0.1% YoY
Operating Income (TTM)
$72Mβ–² +32.6% YoY
Free Cash Flow (TTM)
$48Mβ–² +32.6% YoY

About 1ST SOURCE CORP

As the parent company of 1st Source Bank, 1st Source Corporation delivers a comprehensive suite of financial solutions, encompassing commercial and retail banking, wealth management, and insurance offerings, to both individual and corporate customers. For individual clients, the bank provides essential services such as checking, savings, certificates of deposit, and individual retirement accounts, complemented by digital conveniences like online and mobile banking. Various lending options are available, including personal loans, home mortgages, and home equity lines of credit, along with financial planning, literacy programs, consultative support, and debit and credit card facilities. Businesses benefit from a range of financial products, including commercial, small business, agricultural, and real estate loans, which support diverse corporate needs from acquiring properties and equipment to financing accounts receivables and renewable energy projects. Additionally, the corporation provides commercial leasing, sophisticated treasury management, and retirement planning solutions. Through its wealth advisory segment, the company delivers trust, investment, agency, and custodial services, encompassing the administration of estates and personal trusts, along with the professional management of investment portfolios for individuals, employee benefit plans, and charitable organizations. A specialized focus includes financing and leasing a wide variety of equipment, such as construction machinery, new and used aircraft, various truck types (light, medium, heavy-duty, step vans, vocational work trucks), motor coaches, shuttle buses, funeral vehicles, and automobiles, among other specialized equipment. The company also offers a full spectrum of insurance solutions, spanning corporate and personal property, casualty coverage, and individual or group health and life policies. As of December 31, 2021, 1st Source Corporation maintained 79 banking branches across 18 counties in Indiana and Michigan, alongside a presence in Sarasota County, Florida. Established in 1863, its corporate headquarters are located in South Bend, Indiana.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
52/100

Analyst Price Target

β“˜
Average Target
$103.32
β–² +17.3% Upside
High Target$125.18
Low Target$77.92
Based on 37 analysts

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