×
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
NASDAQ:SRCE

1st Source Stock Forecast, Price & News

$45.79
+0.45 (+0.99%)
(As of 07/7/2022 09:56 AM ET)
Add
Compare
Today's Range
$45.79
$45.93
50-Day Range
$42.85
$48.29
52-Week Range
$41.19
$52.69
Volume
41 shs
Average Volume
55,109 shs
Market Capitalization
$1.13 billion
P/E Ratio
9.76
Dividend Yield
2.72%
Price Target
N/A

1st Source MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.90mentions of 1st Source in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$43,130 Bought Last Quarter
Proj. Earnings Growth
0.92%
From $4.37 to $4.41 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.97 out of 5 stars

Finance Sector

554th out of 1,396 stocks

State Commercial Banks Industry

117th out of 243 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive SRCE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for 1st Source and its competitors with MarketBeat's FREE daily newsletter.

1st Source logo

About 1st Source (NASDAQ:SRCE) Stock

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. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services. As of December 31, 2021, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

SRCE Stock News Headlines

1st Source Elects New Member to its Board of Directors
1st Source Corporation Common Stock (SRCE)
1st Source (SRCE) Lags Q4 Earnings and Revenue Estimates
1st Source declares $0.31 dividend
Earnings Outlook For 1st Source
SRCE Crosses Below Key Moving Average Level
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:SRCE
CUSIP
33690110
Employees
1,130
Year Founded
N/A

Company Calendar

Last Earnings
4/21/2022
Ex-Dividend for 5/13 Dividend
5/02/2022
Dividend Payable
5/13/2022
Today
7/07/2022
Next Earnings (Confirmed)
7/21/2022
Fiscal Year End
12/31/2022

Profitability

Net Income
$118.53 million
Pretax Margin
43.57%

Debt

Sales & Book Value

Annual Sales
$354.86 million
Cash Flow
$6.04 per share
Book Value
$39.10 per share

Miscellaneous

Free Float
20,021,000
Market Cap
$1.13 billion
Optionable
Optionable
Beta
0.99














1st Source Frequently Asked Questions

How has 1st Source's stock performed in 2022?

1st Source's stock was trading at $49.60 at the beginning of 2022. Since then, SRCE stock has decreased by 7.7% and is now trading at $45.79.
View the best growth stocks for 2022 here
.

When is 1st Source's next earnings date?

1st Source is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
View our earnings forecast for 1st Source
.

How were 1st Source's earnings last quarter?

1st Source Co. (NASDAQ:SRCE) issued its quarterly earnings data on Thursday, April, 21st. The financial services provider reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.10. The financial services provider had revenue of $82.76 million for the quarter, compared to the consensus estimate of $82.30 million. 1st Source had a net margin of 33.48% and a trailing twelve-month return on equity of 12.43%.
View 1st Source's earnings history
.

How often does 1st Source pay dividends? What is the dividend yield for 1st Source?

1st Source announced a quarterly dividend on Friday, April 22nd. Shareholders of record on Tuesday, May 3rd will be given a dividend of $0.31 per share on Friday, May 13th. This represents a $1.24 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Monday, May 2nd.
View 1st Source's dividend history
.

Is 1st Source a good dividend stock?

1st Source(NASDAQ:SRCE) pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.72%. 1st Source has been increasing its dividend for 35 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of 1st Source is 26.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, 1st Source will have a dividend payout ratio of 28.12% next year. This indicates that 1st Source will be able to sustain or increase its dividend.
View 1st Source's dividend history.

Who are 1st Source's key executives?

1st Source's management team includes the following people:
  • Mr. Christopher J. Murphy III, Pres, CEO & Chairman (Age 75, Pay $1.77M)
  • Mr. Brett A. Bauer, Sr. VP, CFO & Treasurer (Age 50, Pay $310.54k)
  • Mr. John B. Griffith, Exec. VP, Chief Risk Officer, Gen. Counsel & Sec. (Age 64)
  • Ms. Andrea Gayle Short, Exec. VP (Age 58) (LinkedIn Profile)
  • Mr. Jeffrey L. Buhr, Exec. VP & Chief Credit Officer of 1st Source Bank (Age 62)
  • Mr. Lanny Scoby, City Pres of Kalamazoo Market-1st Source Bank
  • Mr. Chris Strafford, Sr. VP
  • Mr. Lawrence J. Mayers, Regional Pres of 1st Source Bank
  • Mr. Christopher L. Craft CFA, CTP, Pres & COO of Specialty Fin. Group - 1st Source Bank
  • Mr. Greg Brown, Pres of Specialty Vehicle Division and Pres of Auto/Light Truck Division

What is Chris Murphy III's approval rating as 1st Source's CEO?

38 employees have rated 1st Source CEO Chris Murphy III on Glassdoor.com. Chris Murphy III has an approval rating of 89% among 1st Source's employees.

What other stocks do shareholders of 1st Source own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 1st Source investors own include Bank of America (BAC), Anadarko Petroleum (APC), Fresnillo (FNLPF), KeyCorp (KEY), 3M (MMM), Exxon Mobil (XOM), Arbor Realty Trust (ABR), Pfizer (PFE), Aflac (AFL) and Boeing (BA).

What is 1st Source's stock symbol?

1st Source trades on the NASDAQ under the ticker symbol "SRCE."

How do I buy shares of 1st Source?

Shares of SRCE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is 1st Source's stock price today?

One share of SRCE stock can currently be purchased for approximately $45.79.

How much money does 1st Source make?

1st Source (NASDAQ:SRCE) has a market capitalization of $1.13 billion and generates $354.86 million in revenue each year. The financial services provider earns $118.53 million in net income (profit) each year or $4.69 on an earnings per share basis.

How many employees does 1st Source have?

1st Source employs 1,130 workers across the globe.

How can I contact 1st Source?

1st Source's mailing address is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. The official website for 1st Source is www.1stsource.com. The financial services provider can be reached via phone at (800) 513-2360, via email at shareholder@1stsource.com, or via fax at 574-235-2882.

This page (NASDAQ:SRCE) was last updated on 7/7/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.