1st Source (SRCE) Expected to Announce Quarterly Earnings on Thursday

Key Points

• 1st Source will report Q1 2026 results before market open on April 23; analysts expect $1.63 EPS and about $111.88M in revenue, versus $1.67 EPS and $115.39M in the prior quarter, and a conference call is scheduled for 4:00 PM ET.
• Shares trade near $73.79 with a $1.8B market cap and a PE of ~11.5; the stock yields 2.2% (quarterly $0.40, $1.60 annualized) and carries a consensus "Moderate Buy" rating with an average target of $75.33 and some analyst targets up to $83.

1st Source (NASDAQ:SRCE - Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $1.63 per share and revenue of $111.8760 million for the quarter. Investors are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:00 PM ET.

1st Source (NASDAQ:SRCE - Get Free Report) last released its earnings results on Friday, January 23rd. The financial services provider reported $1.67 earnings per share for the quarter. The firm had revenue of $115.39 million for the quarter. 1st Source had a return on equity of 12.44% and a net margin of 26.38%. On average, analysts expect 1st Source to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

1st Source Stock Down 0.6%

Shares of SRCE opened at $73.79 on Thursday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.08. The business has a fifty day moving average of $69.46 and a 200 day moving average of $65.15. The company has a market cap of $1.80 billion, a PE ratio of 11.51 and a beta of 0.58. 1st Source has a 52-week low of $53.63 and a 52-week high of $75.16.

1st Source Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, February 3rd were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, February 3rd. This represents a $1.60 annualized dividend and a dividend yield of 2.2%. 1st Source's dividend payout ratio is currently 24.96%.

Institutional Investors Weigh In On 1st Source

Several large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its stake in 1st Source by 562.1% in the second quarter. EverSource Wealth Advisors LLC now owns 437 shares of the financial services provider's stock worth $27,000 after buying an additional 371 shares in the last quarter. Quarry LP increased its holdings in shares of 1st Source by 1,694.4% in the 3rd quarter. Quarry LP now owns 646 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 610 shares during the period. Rossby Financial LCC bought a new position in shares of 1st Source in the 4th quarter worth $50,000. Tower Research Capital LLC TRC raised its position in shares of 1st Source by 435.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the financial services provider's stock worth $104,000 after acquiring an additional 1,368 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of 1st Source during the 4th quarter worth $128,000. Institutional investors own 74.45% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Piper Sandler lifted their price target on shares of 1st Source from $80.00 to $83.00 and gave the stock an "overweight" rating in a research note on Monday, January 26th. DA Davidson increased their price objective on shares of 1st Source from $69.00 to $74.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings upgraded 1st Source from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, 1st Source presently has an average rating of "Moderate Buy" and an average target price of $75.33.

1st Source Company Profile

1st Source Corporation is a bank holding company headquartered in South Bend, Indiana, operating through its wholly owned subsidiary, 1st Source Bank. The company offers a full range of commercial and consumer banking products, including checking and savings accounts, business and commercial lending, residential mortgage loans, and cash management services. Its client base spans small and medium-sized businesses, agribusinesses, professional firms, and individual consumers primarily across northern Indiana and southwestern Michigan.

In addition to traditional banking services, 1st Source Corporation provides wealth management and trust services through its 1st Source Wealth Management division.

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