1st Source (SRCE) Stock Price, News & Analysis

Company Overview

1st Source Corporation (NASDAQ:SRCE) is a bank holding company headquartered in South Bend, Indiana. Its principal subsidiary, 1st Source Bank, provides banking and financial services to individuals, businesses, and institutions.

The bank offers deposit accounts, consumer and commercial lending, mortgages, cash-management services, treasury services, and online and mobile banking. It also provides trust, investment management, and wealth advisory services, along with insurance-related products through affiliated operations.

1st Source has specialized lending businesses serving industries such as aviation, construction equipment, transportation, and recreational vehicles. Founded in 1863, the company primarily serves communities in northern Indiana and southwest Michigan through its banking offices and broader specialty-finance operations. Christopher J. Murphy III serves as chairman and chief executive officer.

Key Stats

• Today's Range: $87.07 to $88.84
• 50-Day Range: $83.90 to $88.23
• 52-Week Range: $58.49 to $91.46
• Volume: 94,859 shs
• Average Volume: 113,276 shs
• Market Capitalization: $2.11 billion
• P/E Ratio: 11.80
• Dividend Yield: 2.06%
• Price Target: $91.67
• Consensus Rating: Moderate Buy

1st Source Stock Analysis - MarketRank™

1st Source scored higher than 90% of companies evaluated by MarketBeat, and ranked 197th out of 859 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

1st Source has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 1 buy rating, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for 1st Source is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

1st Source has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.79%

Earnings Growth

Earnings for 1st Source are expected to grow by 0.79% in the coming year, from $7.62 to $7.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of 1st Source is 11.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of 1st Source is 11.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.98.

Price to Book Value per Share Ratio

1st Source has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.32% of the float of 1st Source has been sold short.

Short Interest Ratio / Days to Cover

1st Source has a short interest ratio ("days to cover") of 5.58.

Change versus previous month

Short interest in 1st Source has recently decreased by 13.09%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

1st Source pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

1st Source has been increasing its dividend for 38 years.

Dividend Coverage

The dividend payout ratio of 1st Source is 24.29%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, 1st Source will have a dividend payout ratio of 23.44% next year. This indicates that 1st Source will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.97

News Sentiment

1st Source has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for 1st Source this week, compared to 3 articles on an average week.

MarketBeat Follows

4 people have added 1st Source to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.1 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, 1st Source insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $43,945.00 in company stock.

Percentage Held by Insiders

20.17% of the stock of 1st Source is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

74.45% of the stock of 1st Source is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 8/14 Dividend: 8/04/2026
• Ex-Dividend for 8/14 Dividend: 8/04/2026
• Dividend Payable: 8/14/2026
• Last Earnings: 10/22/2026
• Today: 11/01/2026
• Record date for 11/13 Dividend: 11/03/2026
• Ex-Dividend for 11/13 Dividend: 11/03/2026
• Dividend Payable: 11/13/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:SRCE
• CIK: 34782
• Web: www.1stsource.com
• Phone: (574) 235-2000
• Fax: 574-235-2882
• Employees: 1,190
• Year Founded: 1863

Price Target and Rating

• Average Price Target for 1st Source: $91.67
• High Price Target: $105.00
• Low Price Target: $82.00
• Potential Upside/Downside: +4.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.41
• Trailing P/E Ratio: 11.80
• Forward P/E Ratio: 11.47
• P/E Growth: N/A
• Net Income: $158.28 million
• Net Margins: 28.85%
• Pretax Margin: 37.35%
• Return on Equity: 13.57%
• Return on Assets: 1.97%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 0.97
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $600 million
• Price / Sales: 3.51
• Cash Flow: $6.81 per share
• Price / Cash Flow: 12.83
• Book Value: $56.07 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 24,080,000
• Free Float: 19,227,000
• Market Cap: $2.11 billion
• Optionable: Optionable
• Beta: 0.57