NASDAQ:SRCE - 1st Source Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$42.77 +0.21 (+0.49 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$42.56
Today's Range$42.34 - $43.03
52-Week Range$38.44 - $59.33
Volume45,600 shs
Average Volume53,970 shs
Market Capitalization$1.11 billion
P/E Ratio17.11
Dividend Yield2.33%
Beta1.12
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance 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 loans, and 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 acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides a range of 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 new and used aircraft, auto and light trucks, construction equipment, and medium and heavy duty trucks; and leases construction equipment, various types of trucks, vans, automobiles, motor coaches, shuttle buses, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services; and investment advisory services to trust and investment clients. As of December 31, 2017, the company operated through 79 banking centers in 17 counties in Indiana and Michigan, and Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

Receive SRCE News and Ratings via Email

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

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:SRCE
CUSIP33690110
Phone574-235-2000

Debt

Current Ratio0.93
Quick Ratio0.92

Price-To-Earnings

Sales & Book Value

Annual Sales$311.09 million
Price / Sales3.57
Cash Flow$3.9602 per share
Price / Cash Flow10.80
Book Value$27.70 per share
Price / Book1.54

Profitability

Net Income$68.05 million
Net Margins22.98%
Return on Assets1.24%

Miscellaneous

Employees1,125
Market Cap$1.11 billion
OptionableOptionable

1st Source (NASDAQ:SRCE) Frequently Asked Questions

What is 1st Source's stock symbol?

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

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

1st Source declared a quarterly dividend on Friday, October 19th. Investors of record on Monday, November 5th will be given a dividend of $0.25 per share on Thursday, November 15th. This represents a $1.00 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Friday, November 2nd. View 1st Source's Dividend History.

How were 1st Source's earnings last quarter?

1st Source Co. (NASDAQ:SRCE) posted its earnings results on Thursday, October, 18th. The financial services provider reported $0.76 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.89 by $0.13. The financial services provider had revenue of $78.42 million for the quarter, compared to the consensus estimate of $78.50 million. 1st Source had a return on equity of 10.41% and a net margin of 22.98%. View 1st Source's Earnings History.

When is 1st Source's next earnings date?

1st Source is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for 1st Source.

Has 1st Source been receiving favorable news coverage?

Media stories about SRCE stock have trended somewhat positive on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. 1st Source earned a news impact score of 1.9 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of 1st Source's key competitors?

Who are 1st Source's key executives?

1st Source's management team includes the folowing people:
  • Mr. Christopher J. Murphy III, Chairman & CEO (Age 71)
  • Mr. James R. Seitz, Pres & Director (Age 65)
  • Ms. Andrea Gayle Short, Exec. VP, Treasurer & CFO (Age 55)
  • Mr. John B. Griffith, Chief Admin. Officer, Exec. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Jeffrey L. Buhr, Exec. VP & Chief Credit Officer of 1st Source Bank (Age 58)

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is 1st Source's stock price today?

One share of SRCE stock can currently be purchased for approximately $42.77.

How big of a company is 1st Source?

1st Source has a market capitalization of $1.11 billion and generates $311.09 million in revenue each year. The financial services provider earns $68.05 million in net income (profit) each year or $2.50 on an earnings per share basis. 1st Source employs 1,125 workers across the globe.

What is 1st Source's official website?

The official website for 1st Source is http://www.1stsource.com.

How can I contact 1st Source?

1st Source's mailing address is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. The financial services provider can be reached via phone at 574-235-2000 or via email at [email protected]


MarketBeat Community Rating for 1st Source (NASDAQ SRCE)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  399
MarketBeat's community ratings are surveys of what our community members think about 1st Source and other stocks. Vote "Outperform" if you believe SRCE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SRCE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel