Research Analysts Issue Forecasts for 1st Source Q3 Earnings

Key Points

• DA Davidson forecasts that 1st Source Corporation will report Q3 2025 earnings per share of $1.58, maintaining a "Neutral" rating with a target price of $67.00.
• 1st Source recently declared a quarterly dividend of $0.38 per share with a yield of 2.47%, payable on August 15th.
• Shares of 1st Source opened at $61.42 with a 52-week trading range between $52.14 and $68.13, showing a market capitalization of $1.51 billion.

1st Source Corporation (NASDAQ:SRCE - Free Report) - Research analysts at DA Davidson issued their Q3 2025 earnings per share estimates for shares of 1st Source in a research note issued to investors on Tuesday, July 29th. DA Davidson analyst P. Winter forecasts that the financial services provider will post earnings of $1.58 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $67.00 target price on the stock. The consensus estimate for 1st Source's current full-year earnings is $5.82 per share. DA Davidson also issued estimates for 1st Source's FY2025 earnings at $6.20 EPS and FY2026 earnings at $6.28 EPS.

Several other research firms also recently weighed in on SRCE. Weiss Ratings reiterated a "buy (b)" rating on shares of 1st Source in a research report on Tuesday. Keefe, Bruyette & Woods restated a "market perform" rating and issued a $69.00 price objective (up from $67.00) on shares of 1st Source in a research report on Monday. Finally, Piper Sandler boosted their price objective on 1st Source from $75.00 to $80.00 and gave the company an "overweight" rating in a research report on Monday.

1st Source Stock Performance

NASDAQ SRCE traded down $1.03 on Wednesday, hitting $58.79. 106,367 shares of the company traded hands, compared to its average volume of 74,044. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 10.30 and a beta of 0.71. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.08. The business's 50 day moving average price is $61.91 and its 200-day moving average price is $61.13. 1st Source has a 52-week low of $52.14 and a 52-week high of $68.13.

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

Institutional Trading of 1st Source

A number of hedge funds have recently bought and sold shares of SRCE. CX Institutional purchased a new stake in shares of 1st Source during the 2nd quarter valued at $63,000. Aquatic Capital Management LLC lifted its holdings in shares of 1st Source by 14.3% during the 4th quarter. Aquatic Capital Management LLC now owns 2,515 shares of the financial services provider's stock valued at $147,000 after purchasing an additional 315 shares during the last quarter. Financial Life Planners lifted its holdings in shares of 1st Source by 239.1% during the 1st quarter. Financial Life Planners now owns 2,784 shares of the financial services provider's stock valued at $166,000 after purchasing an additional 1,963 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of 1st Source by 143.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,738 shares of the financial services provider's stock valued at $218,000 after purchasing an additional 2,204 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of 1st Source during the 4th quarter valued at $219,000. Hedge funds and other institutional investors own 74.45% of the company's stock.

1st Source Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th will be issued a dividend of $0.38 per share. The ex-dividend date is Tuesday, August 5th. This represents a $1.52 dividend on an annualized basis and a yield of 2.6%. 1st Source's dividend payout ratio is currently 26.62%.

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.