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XNASSRCE
Market cap1.35bUSD
Jan 10, Last price  
54.91USD
1D
-3.65%
1Q
-8.57%
Jan 2017
22.95%
Name

1st Source Corp

Chart & Performance

D1W1MN
XNAS:SRCE chart
P/E
10.78
P/S
3.70
EPS
5.10
Div Yield, %
2.46%
Shrs. gr., 5y
-1.04%
Rev. gr., 5y
3.17%
Revenues
363m
+2.44%
161,421,000166,961,000183,018,000189,529,000216,163,000213,742,000234,188,000229,272,000232,968,000234,029,000238,216,000249,837,000258,604,000284,337,000310,956,000324,996,000329,709,000336,730,000354,731,000363,404,000
Net income
125m
+3.67%
24,965,00033,751,00039,297,00030,539,00033,386,00025,490,00041,244,00048,195,00049,633,00054,958,00058,069,00057,486,00057,786,00068,051,00082,414,00091,960,00081,437,000118,534,000120,509,000124,927,000
CFO
188m
+7.07%
65,010,00049,264,00084,096,00084,361,00064,240,00051,853,00093,193,000124,408,00093,193,00086,866,00081,784,000101,031,00098,060,000117,261,000144,374,000164,606,000154,493,000166,761,000175,530,000187,936,000
Dividend
Aug 05, 20240.36 USD/sh
Earnings
Jan 23, 2025

Profile

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.
IPO date
Aug 12, 1983
Employees
1,150
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
363,404
2.44%
354,731
5.35%
Cost of revenue
128,695
142,756
Unusual Expense (Income)
NOPBT
234,709
211,975
NOPBT Margin
64.59%
59.76%
Operating Taxes
36,746
36,255
Tax Rate
15.66%
17.10%
NOPAT
197,963
175,720
Net income
124,927
3.67%
120,509
1.67%
Dividends
(33,074)
(32,102)
Dividend yield
2.45%
2.45%
Proceeds from repurchase of equity
(12,469)
(6,584)
BB yield
0.92%
0.50%
Debt
Debt current
256,550
74,097
Long-term debt
100,076
122,862
Deferred revenue
Other long-term liabilities
7,423,466
(31,222)
Net debt
(1,397,438)
(3,463,293)
Cash flow
Cash from operating activities
187,936
175,530
CAPEX
(5,980)
(2,380)
Cash from investing activities
(358,286)
(784,872)
Cash from financing activities
177,221
206,952
FCF
534,971
15,380
Balance
Cash
106,389
1,859,831
Long term investments
1,647,675
1,800,421
Excess cash
1,735,894
3,642,515
Stockholders' equity
1,198,752
1,043,408
Invested Capital
7,634,561
7,370,105
ROIC
2.64%
2.44%
ROCE
2.66%
2.52%
EV
Common stock shares outstanding
24,616
24,687
Price
54.95
3.50%
53.09
7.04%
Market cap
1,352,624
3.20%
1,310,650
5.54%
EV
33,881
(2,092,945)
EBITDA
249,327
231,062
EV/EBITDA
0.14
Interest
138,260
30,347
Interest/NOPBT
58.91%
14.32%