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

Company Overview

1st Source Corporation is a financial services holding company headquartered in South Bend, Indiana. Its principal subsidiary, 1st Source Bank, provides banking and financial services to individuals, businesses, and institutions in northern Indiana and southwest Michigan.

The bank offers deposit accounts, consumer and commercial loans, mortgages, treasury management, cash management, and other traditional banking services. It also provides wealth management, trust and investment services, insurance solutions, and specialized financing for industries such as transportation, construction equipment, aircraft, and marine equipment.

Founded in 1863, 1st Source has developed a regional banking network serving communities across its primary market area. The company is led by Christopher J. Murphy III, who serves as chairman, president, and chief executive officer.

Key Stats

• Today's Range: $85.67 to $86.49
• 50-Day Range: $82.84 to $90.82
• 52-Week Range: $56.89 to $91.46
• Volume: 104,763 shs
• Average Volume: 98,543 shs
• Market Capitalization: $2.07 billion
• P/E Ratio: 13.20
• Dividend Yield: 2.09%
• Price Target: $89.67
• Consensus Rating: Moderate Buy

1st Source Stock Analysis - MarketRank™

1st Source scored higher than 84% of companies evaluated by MarketBeat, and ranked 253rd out of 855 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: 2.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

1st Source has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 1 strong buy rating, 2 buy ratings, 2 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 been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.89%

Earnings Growth

Earnings for 1st Source are expected to grow by 2.89% in the coming year, from $7.26 to $7.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of 1st Source is 13.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of 1st Source is 13.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.57.

Price to Book Value per Share Ratio

1st Source has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.70% 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 8.2.

Change versus previous month

Short interest in 1st Source has recently increased by 17.46%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

1st Source pays a meaningful dividend of 2.09%, 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 27.61%. 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 24.10% 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: 0.88

News Sentiment

1st Source has a news sentiment score of 0.88. 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 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for 1st Source this week, compared to 3 articles on an average week.

MarketBeat Follows

1 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

• Last Earnings: 7/23/2026
• Record date for 8/14 Dividend: 8/04/2026
• Ex-Dividend for 8/14 Dividend: 8/04/2026
• Dividend Payable: 8/14/2026
• Today: 9/27/2026
• Next Earnings (Estimated): 10/22/2026
• 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: $89.67
• High Price Target: $100.00
• Low Price Target: $82.00
• Potential Upside/Downside: +4.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.52
• Trailing P/E Ratio: 13.20
• Forward P/E Ratio: 11.86
• P/E Growth: N/A
• Net Income: $158.28 million
• Net Margins: 28.09%
• Pretax Margin: 36.40%
• Return on Equity: 12.94%
• Return on Assets: 1.87%

Debt

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

Sales & Book Value

• Annual Sales: $600 million
• Price / Sales: 3.46
• Cash Flow: $6.81 per share
• Price / Cash Flow: 12.64
• Book Value: $53.94 per share
• Price / Book: 1.60

Miscellaneous

• Outstanding Shares: 24,080,000
• Free Float: 19,225,000
• Market Cap: $2.07 billion
• Optionable: Optionable
• Beta: 0.56