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

$44.40
-0.12 (-0.27 %)
(As of 08/23/2019 06:00 AM ET)
Today's Range
$44.21
Now: $44.40
$44.74
50-Day Range
$43.62
MA: $45.35
$47.53
52-Week Range
$38.44
Now: $44.40
$57.96
Volume16,354 shs
Average Volume44,302 shs
Market Capitalization$1.13 billion
P/E Ratio14.05
Dividend Yield2.43%
Beta1.07
1st Source Corporation operates as the 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$354.37 million
Cash Flow$4.4848 per share
Book Value$31.51 per share

Profitability

Net Income$82.41 million

Miscellaneous

Employees1,150
Market Cap$1.13 billion
Next Earnings Date10/17/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 18th. Stockholders of record on Monday, August 5th will be given a dividend of $0.27 per share on Thursday, August 15th. This represents a $1.08 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, August 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, July, 18th. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.02. The financial services provider had revenue of $82.09 million for the quarter, compared to analyst estimates of $80.85 million. 1st Source had a net margin of 23.31% and a return on equity of 11.22%. 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, October 17th 2019. View Earnings Estimates for 1st Source.

Has 1st Source been receiving favorable news coverage?

Press coverage about SRCE stock has trended positive on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. 1st Source earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for 1st Source.

Are investors shorting 1st Source?

1st Source saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 99,800 shares, a decline of 21.9% from the June 30th total of 127,800 shares. Based on an average daily volume of 45,900 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.6% of the shares of the stock are short sold. View 1st Source's Current Options Chain.

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

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), ARBOR RLTY TR I/SH (ABR), General Electric (GE), KeyCorp (KEY), 3M (MMM), Fiore Gold (F), PepsiCo (PEP) and AFLAC (AFL).

Who are 1st Source's key executives?

1st Source's management team includes the folowing people:
  • Mr. Christopher J. Murphy III, Chairman & CEO (Age 72)
  • Mr. James R. Seitz, Pres (Age 66)
  • Ms. Andrea Gayle Short, Exec. VP, Treasurer & CFO (Age 56)
  • Mr. John B. Griffith, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 61)
  • Mr. Jeffrey L. Buhr, Exec. VP & Chief Credit Officer of 1st Source Bank (Age 59)

Who are 1st Source's major shareholders?

1st Source's stock is owned by many different of institutional and retail investors. Top institutional shareholders include 1ST Source Bank (28.37%), BlackRock Inc. (4.39%), Vanguard Group Inc. (3.16%), Renaissance Technologies LLC (1.25%), JPMorgan Chase & Co. (1.05%) and Northern Trust Corp (1.03%). Company insiders that own 1st Source stock include Allison N Egidi, Jeffrey L Buhr and Melody Birmingham-Byrd. View Institutional Ownership Trends for 1st Source.

Which major investors are selling 1st Source stock?

SRCE stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Emerald Mutual Fund Advisers Trust, Morgan Stanley, Systematic Financial Management LP, First Trust Advisors LP, State Board of Administration of Florida Retirement System, Victory Capital Management Inc. and BTIM Corp.. View Insider Buying and Selling for 1st Source.

Which major investors are buying 1st Source stock?

SRCE stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, John W. Rosenthal Capital Management Inc., Renaissance Technologies LLC, 1ST Source Bank, Bessemer Group Inc., Acadian Asset Management LLC, Vanguard Group Inc. and Context BH Capital Management LP. View Insider Buying and Selling for 1st Source.

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 $44.40.

How big of a company is 1st Source?

1st Source has a market capitalization of $1.13 billion and generates $354.37 million in revenue each year. The financial services provider earns $82.41 million in net income (profit) each year or $3.16 on an earnings per share basis. 1st Source employs 1,150 workers across the globe.View Additional Information About 1st Source.

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:  2.2 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  477
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 8/23/2019 by MarketBeat.com Staff

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