1st Source Corp. Company Profile (NASDAQ:SRCE)

About 1st Source Corp.

1st Source Corp. logo1st Source Corporation is a bank holding company. The Company, through its subsidiaries, provides a range of financial products and services. 1st Source Bank (the Bank), its banking subsidiary, offers commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients through its approximately 80 banking center locations in over 20 counties in Indiana and Michigan. 1st Source Bank's Specialty Finance Group, with over 20 locations around the nation, offers specialized financing services for new and used private and cargo aircraft, automobiles and light trucks for leasing and rental agencies, medium and heavy duty trucks and construction equipment. It has consolidated total assets of approximately $5.19 billion, total loans and leases of over $3.99 billion, total deposits of approximately $4.14 billion and total shareholders' equity of over $644.05 million.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SRCE
  • CUSIP: 33690110
Key Metrics:
  • Previous Close: $35.50
  • 50 Day Moving Average: $34.80
  • 200 Day Moving Average: $33.42
  • 52-Week Range: $25,866,000.00 - $27.01
  • Trailing P/E Ratio: 16.51
  • Foreward P/E Ratio: 14.92
  • P/E Growth: 1.60
  • Market Cap: $918.24M
  • Outstanding Shares: 25,866,000
  • Beta: 1
Profitability:
  • Net Margins: 20.56%
  • Return on Equity: 8.73%
  • Return on Assets: 1.08%
Debt:
  • Debt-to-Equity Ratio: 0.19%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.93%
Additional Links:
Companies Related to 1st Source Corp.:

Analyst Ratings

Consensus Ratings for 1st Source Corp. (NASDAQ:SRCE) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $36.00 (1.41% upside)

Analysts' Ratings History for 1st Source Corp. (NASDAQ:SRCE)
Show:
DateFirmActionRatingPrice TargetDetails
7/21/2016DA DavidsonInitiated CoverageNeutral$36.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for 1st Source Corp. (NASDAQ:SRCE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/21/2016        
7/21/2016Q2$0.55$0.56ViewN/AView Earnings Details
4/21/2016Q1$0.51$0.53ViewN/AView Earnings Details
1/21/2016Q4$0.54$0.55ViewN/AView Earnings Details
10/22/2015Q3$0.56$0.53ViewN/AView Earnings Details
7/23/2015Q2$0.62$0.59$60.49 millionViewN/AView Earnings Details
4/23/2015Q115$0.56$0.56$59.70 millionViewN/AView Earnings Details
1/21/2015$0.56$0.62ViewN/AView Earnings Details
10/23/2014Q3$0.59$0.62ViewN/AView Earnings Details
7/24/2014Q2 14$0.56$0.59ViewN/AView Earnings Details
4/24/2014Q114$0.55$0.55$57.90 millionViewN/AView Earnings Details
1/22/2014Q4$0.56$0.56ViewN/AView Earnings Details
10/30/2013Q3 13$0.60ViewN/AView Earnings Details
7/26/2013Q213$0.56ViewN/AView Earnings Details
4/25/2013Q1 2013$0.50ViewN/AView Earnings Details
1/22/2013Q4 2012$0.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for 1st Source Corp. (NASDAQ:SRCE)
Current Year EPS Consensus Estimate: $2.23 EPS
Next Year EPS Consensus Estimate: $2.38 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.55$0.55$0.55
Q3 20161$0.56$0.56$0.56
Q4 20161$0.58$0.58$0.58
Q1 20171$0.58$0.58$0.58
Q2 20171$0.59$0.59$0.59
Q3 20171$0.59$0.59$0.59
Q4 20171$0.62$0.62$0.62
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for 1st Source Corp. (NASDAQ:SRCE)
Annual Dividend:$0.72
Dividend Yield:2.03%
Dividend Growth:2.90% (3 Year Average)
Payout Ratio:33.18% (Based on Trailing 12 Months of Earnings)
32.29% (Based on Current Year Consensus EPS Estimate)
30.25% (Based on Next Year Consensus EPS Estimate)
Track Record:30 Years of Consecutive Dividend Growth

Dividend History for 1st Source Corp. (NASDAQ:SRCE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/22/2016quarterly$0.182.09%7/29/20168/2/20168/12/2016
4/22/2016quarterly$0.182.14%4/29/20165/3/20165/13/2016
1/22/2016quarterly$0.182.58%1/28/20162/1/20162/12/2016
10/23/2015quarterly$0.182.29%10/30/201511/3/201511/13/2015
7/24/2015quarterly$0.182.13%7/31/20158/4/20158/14/2015
4/24/2015quarterly$0.182.24%5/1/20155/5/20155/15/2015
1/22/2015quarterly$0.182.22%1/30/20152/3/20152/13/2015
10/23/2014quarterly$0.182.46%11/3/201411/5/201411/14/2014
7/24/2014quarterly$0.182.5%8/1/20148/5/20148/15/2014
4/25/2014quarterly$0.182.41%5/1/20145/5/20145/15/2014
1/22/2014quarterly$0.172.16%1/31/20142/4/20142/14/2014
10/24/2013quarterly$0.172.23%11/1/201311/5/201311/15/2013
7/25/2013quarterly$0.172.48%8/1/20138/5/20138/15/2013
4/25/2013quarterly$0.172.94%5/3/20135/7/20135/15/2013
1/22/2013quarterly$0.173.09%1/31/20132/4/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for 1st Source Corp. (NASDAQ:SRCE)
Insider Ownership Percentage: 20.52%
Institutional Ownership Percentage: 64.56%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/25/2016Steven J WessellInsiderSell10,000$33.06$330,600.00View SEC Filing  
5/2/2016Vinod M KhilnaniDirectorBuy1,000$34.55$34,550.00View SEC Filing  
12/10/2015Stanley Clark CarmichaelMajor ShareholderSell600,000$29.74$17,844,000.00View SEC Filing  
9/11/2015Andrea G ShortCFOSell2,500$29.94$74,850.00View SEC Filing  
6/1/2015John B GriffithVPSell1,542$25.75$39,706.50View SEC Filing  
3/13/2015James R SeitzPresidentSell1,000$32.08$32,080.00View SEC Filing  
3/13/2015John B GriffithVPSell3,192$31.70$101,186.40View SEC Filing  
3/6/2015Wellington D Jones IIIDirectorSell11,845$31.15$368,971.75View SEC Filing  
3/3/2015Wellington D Jones IIIDirectorSell11,000$31.03$341,330.00View SEC Filing  
2/27/2015Wellington D Jones IIIDirectorSell11,117$31.36$348,629.12View SEC Filing  
2/13/2015Wellington D Jones IIIDirectorSell2,000$31.43$62,860.00View SEC Filing  
8/11/2014Wellington D Jones IIIDirectorSell1,090$29.26$31,893.40View SEC Filing  
5/7/2014Wellington D Jones IIIDirectorSell1,762$30.04$52,930.48View SEC Filing  
11/15/2013Wellington D Jones IIIDirectorSell1,650$31.52$52,008.00View SEC Filing  
3/13/2013John B GriffithVPSell3,006$24.01$72,174.06View SEC Filing  
3/6/2013James R SeitzPresidentSell1,271$23.58$29,970.18View SEC Filing  
2/14/2013Source Bank T'ee Carmen C 1StMajor ShareholderSell61,426$23.13$1,420,783.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for 1st Source Corp. (NASDAQ:SRCE)
DateHeadline
publicnow.com logoJohn Ball Promoted to President of 1st Source Insurance (NASDAQ:SRCE)
www.publicnow.com - September 23 at 11:49 AM
publicnow.com logoChris Strafford to lead 1st Source Personal Asset Management Group (NASDAQ:SRCE)
www.publicnow.com - September 19 at 7:24 PM
capitalcube.com logo1st Source Corp. breached its 50 day moving average in a Bearish Manner : SRCE-US : September 15, 2016 (NASDAQ:SRCE)
www.capitalcube.com - September 15 at 11:06 AM
publicnow.com logo1st Source Bank announces the Promotion of Luis Zapata (NASDAQ:SRCE)
www.publicnow.com - September 8 at 11:19 AM
publicnow.com logo1st Source Bank announces the promotion of Jennifer Castaneda (NASDAQ:SRCE)
www.publicnow.com - September 8 at 11:19 AM
publicnow.com logo1st Source Bank announces the Promotion of Andrea Soule (NASDAQ:SRCE)
www.publicnow.com - September 8 at 11:19 AM
publicnow.com logo1st Source Bank announces the promotion of Raquel Holdgrafer (NASDAQ:SRCE)
www.publicnow.com - September 8 at 11:19 AM
capitalcube.com logo1st Source Corp. :SRCE-US: Earnings Analysis: Q2, 2016 By the Numbers : August 30, 2016 (NASDAQ:SRCE)
www.capitalcube.com - August 30 at 10:47 AM
publicnow.com logoMike Campo joins 1st Source Retirement Plan Services in Fort Wayne (NASDAQ:SRCE)
www.publicnow.com - August 29 at 7:24 PM
publicnow.com logo1st Source Bank to add new Banking Center in Elkhart (NASDAQ:SRCE)
www.publicnow.com - August 17 at 7:54 PM
publicnow.com logo1st Source Bank Awards $15,000 Grant to Blue Jacket Career Academy (NASDAQ:SRCE)
www.publicnow.com - August 17 at 7:54 PM
biz.yahoo.com logo1ST SOURCE CORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:SRCE)
biz.yahoo.com - August 8 at 7:48 PM
publicnow.com logo1st Source Ranked #10 Best Performing Bank in Country (NASDAQ:SRCE)
www.publicnow.com - August 4 at 7:59 PM
biz.yahoo.com logo1ST SOURCE CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:SRCE)
biz.yahoo.com - July 29 at 2:43 PM
finance.yahoo.com logo1ST SOURCE CORP Financials (NASDAQ:SRCE)
finance.yahoo.com - July 27 at 1:04 PM
News Icon1st Source Profit Ticks Downward (NASDAQ:SRCE)
www.insideindianabusiness.com - July 23 at 6:57 PM
4-traders.com logo1st Source : The Latest 1st Source Announces Second Quarter Earnings (NASDAQ:SRCE)
www.4-traders.com - July 23 at 6:57 PM
News Icon1st Source Corporation Announces Second Quarter Earnings (NASDAQ:SRCE)
www.pressreleasepoint.com - July 23 at 6:57 PM
nasdaq.com logo1st Source Corporation Announces Second Quarter Earnings, Cash Dividend Declared (NASDAQ:SRCE)
www.nasdaq.com - July 23 at 6:57 PM
sg.finance.yahoo.com logo1st Source posts 2Q profit (NASDAQ:SRCE)
sg.finance.yahoo.com - July 21 at 11:54 AM
capitalcube.com logo1st Source Corp. breached its 50 day moving average in a Bullish Manner : SRCE-US : July 13, 2016 (NASDAQ:SRCE)
www.capitalcube.com - July 13 at 8:58 AM
publicnow.com logo1st Source to Celebrate Banking Center Remodel with Ribbon Cutting (NASDAQ:SRCE)
www.publicnow.com - July 6 at 4:41 PM
capitalcube.com logoETF’s with exposure to 1st Source Corp. : July 1, 2016 (NASDAQ:SRCE)
www.capitalcube.com - July 1 at 6:41 PM
latimes.com logoDisney is in talks for a stake in MLB's sports streaming company (NASDAQ:SRCE)
www.latimes.com - June 30 at 7:47 PM
News IconEurozone inflation 0.1% in June – first rise in five months (NASDAQ:SRCE)
www.euronews.com - June 30 at 7:47 PM
News IconJune 30 Vallejo A&E Source: First official art exhibit at The Hub in Vallejo (NASDAQ:SRCE)
www.timesheraldonline.com - June 30 at 7:47 PM
News Icon'World's first robot lawyer' challenges parking tickets and wins -- and it's coming to Seattle (NASDAQ:SRCE)
www.oregonlive.com - June 29 at 7:26 PM
reuters.com logoUPDATE 1-Brazil's Zaher, two funds mull Estácio bid, source says (NASDAQ:SRCE)
www.reuters.com - June 29 at 7:26 PM
capitalcube.com logo1st Source Corp. :SRCE-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:SRCE)
www.capitalcube.com - June 28 at 2:02 PM
News IconAP Source: Timberwolves adding 1st Chinese minority owner (NASDAQ:SRCE)
sports.yahoo.com - June 28 at 11:51 AM
News IconAP Source: Timberwolves adding NBA’s 1st Chinese owner (NASDAQ:SRCE)
nba.nbcsports.com - June 28 at 11:51 AM
News IconLead Source Attribution: Don’t spend another dollar on advertising without it (NASDAQ:SRCE)
siliconprairienews.com - June 28 at 11:51 AM
News IconAutomotive Grade Linux wants to help open source your next car (NASDAQ:SRCE)
www.techrepublic.com - June 27 at 7:26 PM
News IconAP Source: Timberwolves adding NBA's 1st Chinese owner (NASDAQ:SRCE)
www.fox8live.com - June 27 at 7:26 PM
News IconBioVentrix Receives CE Marking Certification for Revivent TC™, the First Minimally Invasive Heart Failure Treatment to Restore the Left Ventricle (NASDAQ:SRCE)
www.tctmd.com - June 27 at 11:26 AM
News IconMahindra First Choice Services enter West Bengal (NASDAQ:SRCE)
zeenews.india.com - June 27 at 11:26 AM
wsj.com logoBrexit Aftermath: First Thing We Do, Hire All the Lawyers (NASDAQ:SRCE)
www.wsj.com - June 27 at 11:26 AM
News IconFirst-party Google smartphone could come aside from Nexus devices this year (NASDAQ:SRCE)
pocketnow.com - June 27 at 11:26 AM
News IconIn a first, law to check academic plagiarism soon (NASDAQ:SRCE)
www.hindustantimes.com - June 26 at 11:31 AM
News IconOn the arts: Making an opera a source of pride for Charleston -- and Pittsburgh (NASDAQ:SRCE)
www.post-gazette.com - June 26 at 11:31 AM
News IconMatt LeBlanc is 'planning to quit Top Gear if co-host Chris Evans does not go first' (NASDAQ:SRCE)
www.telegraph.co.uk - June 26 at 11:31 AM
News IconBrexiteers raise fears the Commons could MUTINY over quitting the EU single market as three quarters of them never wanted Out in the first place (NASDAQ:SRCE)
www.dailymail.co.uk - June 25 at 11:13 AM
News IconTrump’s Former Campaign Manager Made His First Appearance As A Paid CNN Pundit. It Did Not Go Well. (NASDAQ:SRCE)
thinkprogress.org - June 25 at 11:13 AM
forbes.com logoDesigner Spotlight: Boll & Branch First To Revolutionize Ethics In Luxury Bedding Industry (NASDAQ:SRCE)
www.forbes.com - June 24 at 10:06 AM
News IconApple just hired a guy who could completely re-invent the company (NASDAQ:SRCE)
www.businessinsider.com - June 24 at 10:06 AM
News IconSale of former NiSource company OK'd by shareholders (NASDAQ:SRCE)
www.nwitimes.com - June 23 at 10:10 AM
News IconMozilla MOSS 'Mission Partners' makes it rain $385,000 on open source project developers (NASDAQ:SRCE)
betanews.com - June 23 at 10:10 AM
News IconKootenay and Boundary Food Producers Co-op Launch First Full Year (NASDAQ:SRCE)
castlegarsource.com - June 23 at 10:10 AM
nydailynews.com logoMovie production company accused of slaughtering bison for props (NASDAQ:SRCE)
www.nydailynews.com - June 23 at 10:10 AM
huffingtonpost.com logoHow One Company is Disrupting the $600 Billion Dollar Manufacturing Industry (NASDAQ:SRCE)
www.huffingtonpost.com - June 21 at 11:30 AM

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1st Source Corp. (NASDAQ:SRCE) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff