
1ST SOURCE CORP
SRCENASDAQTrading Snapshot
- Day Range
- $87.51 β $89.52
- 52-Week Range
- $56.89 β $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
- βHigh-growth profile β revenue up +33.0% YoY with expanding US Equity exposure.
- βHealthy economics β 27% gross margin and 8% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
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.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
1ST SOURCE CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift SRCE price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
1ST SOURCE CORP announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.