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

Key Points

• 1st Source is expected to report Q3 2026 earnings after market close on October 22. Analysts forecast EPS of $1.83 and revenue of $118.11 million, compared with the prior quarter’s $1.95 EPS and $118.16 million in revenue.
• The company increased its quarterly dividend to $0.45 per share, equivalent to $1.80 annually and a 2.1% yield, with a payout ratio of 27.61%.
• Wall Street maintains a “Moderate Buy” consensus on SRCE, with an average price target of $89.67; shares recently opened at $84.33, while analysts’ targets range from $82 to $100.

1st Source (NASDAQ:SRCE - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect 1st Source to announce earnings of $1.83 per share and revenue of $118.11 million for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 4:00 PM ET.

1st Source (NASDAQ:SRCE - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.71 by $0.24. 1st Source had a net margin of 28.09% and a return on equity of 12.94%. The company had revenue of $118.16 million for the quarter, compared to the consensus estimate of $114.13 million. On average, analysts expect 1st Source to post $7.26 EPS for the current fiscal year and $7.47 EPS for the next fiscal year.

1st Source Stock Up 0.3%

Shares of SRCE stock opened at $84.33 on Thursday. 1st Source has a 12 month low of $56.89 and a 12 month high of $91.46. The stock has a market cap of $2.03 billion, a P/E ratio of 12.93 and a beta of 0.57. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.07. The company has a 50 day simple moving average of $86.25 and a two-hundred day simple moving average of $80.47.

1st Source Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Tuesday, August 4th were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, August 4th. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. This is a boost from 1st Source's previous quarterly dividend of $0.43. 1st Source's dividend payout ratio is 27.61%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SRCE. Piper Sandler boosted their price objective on shares of 1st Source from $88.00 to $100.00 and gave the company an "overweight" rating in a research report on Tuesday, July 28th. Weiss Ratings raised 1st Source from a "buy (b+)" rating to a "buy (a-)" rating in a report on Thursday, October 8th. Zacks Research downgraded 1st Source from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 28th. Keefe, Bruyette & Woods lifted their target price on 1st Source from $79.00 to $82.00 and gave the company a "market perform" rating in a research report on Monday, July 27th. Finally, DA Davidson boosted their price target on 1st Source from $77.00 to $87.00 and gave the company a "neutral" rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, 1st Source has a consensus rating of "Moderate Buy" and an average target price of $89.67.

Insider Buying and Selling at 1st Source

In other news, CFO Brett Bauer sold 500 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $87.89, for a total value of $43,945.00. Following the completion of the sale, the chief financial officer directly owned 30,706 shares of the company's stock, valued at $2,698,750.34. This represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 20.17% of the stock is currently owned by insiders.

About 1st Source

1st Source Corporation is a financial services holding company headquartered in South Bend, Indiana. Through its principal subsidiary, 1st Source Bank, the company provides banking and related financial services to businesses, individuals and organizations.

1st Source Bank offers commercial and consumer lending, deposit accounts, treasury management, mortgage services, and trust and investment services. The bank also provides specialized financing for industries such as aircraft, construction equipment, transportation, marine, agriculture and other commercial markets.

Founded in 1863, 1st Source serves communities primarily across northern Indiana and southwest Michigan through banking offices and specialized lending operations.

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