1st Source (SRCE) to Release Quarterly Earnings on Thursday

Key Points

• 1st Source Corporation will announce its Q3 2025 earnings on October 23rd, with analysts projecting earnings of $1.59 per share and revenues of $109.464 million.
• The company's stock is currently down 1.4% and has a market capitalization of $1.46 billion with a P/E ratio of 10.44.
• 1st Source recently declared a quarterly dividend of $0.38, representing an annualized payout of $1.52 and a yield of 2.6%.

1st Source (NASDAQ:SRCE - Get Free Report) will likely be announcing its Q3 2025 results after the market closes on Thursday, October 23rd. Analysts expect the company to announce earnings of $1.59 per share and revenue of $109.4640 million for the quarter. Investors may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 23, 2025 at 7:00 AM ET.

1st Source (NASDAQ:SRCE - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.02. The company had revenue of $108.25 million for the quarter, compared to analyst estimates of $104.67 million. 1st Source had a return on equity of 11.94% and a net margin of 24.02%. 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 1.4%

Shares of NASDAQ SRCE opened at $59.59 on Thursday. The company has a market capitalization of $1.46 billion, a P/E ratio of 10.44 and a beta of 0.67. 1st Source has a 52-week low of $52.14 and a 52-week high of $68.13. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 0.97. The company's 50 day moving average price is $62.20 and its 200-day moving average price is $60.95.

1st Source Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Tuesday, August 5th were issued a $0.38 dividend. The ex-dividend date was Tuesday, August 5th. This represents a $1.52 annualized dividend and a yield of 2.6%. 1st Source's payout ratio is presently 26.62%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its holdings in 1st Source by 435.7% during the second quarter. Tower Research Capital LLC TRC now owns 1,682 shares of the financial services provider's stock worth $104,000 after buying an additional 1,368 shares during the last quarter. Rafferty Asset Management LLC raised its holdings in shares of 1st Source by 29.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 14,320 shares of the financial services provider's stock worth $889,000 after acquiring an additional 3,227 shares during the last quarter. Man Group plc raised its holdings in shares of 1st Source by 43.4% in the 2nd quarter. Man Group plc now owns 11,952 shares of the financial services provider's stock worth $742,000 after acquiring an additional 3,619 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of 1st Source by 1,948.3% in the 2nd quarter. Lazard Asset Management LLC now owns 20,893 shares of the financial services provider's stock worth $1,296,000 after acquiring an additional 19,873 shares during the last quarter. Finally, Engineers Gate Manager LP raised its holdings in shares of 1st Source by 8.9% in the 2nd quarter. Engineers Gate Manager LP now owns 3,726 shares of the financial services provider's stock worth $231,000 after acquiring an additional 304 shares during the last quarter. Institutional investors and hedge funds own 74.45% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Weiss Ratings reissued a "buy (b)" rating on shares of 1st Source in a research note on Wednesday, October 8th. DA Davidson boosted their price target on 1st Source from $65.00 to $67.00 and gave the company a "neutral" rating in a research note on Tuesday, July 29th. Zacks Research lowered 1st Source from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 29th. Piper Sandler boosted their price target on 1st Source from $75.00 to $80.00 and gave the company an "overweight" rating in a research note on Monday, July 28th. Finally, Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $69.00 target price (up previously from $67.00) on shares of 1st Source in a research report on Monday, July 28th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $72.00.

About 1st Source

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.

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