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XNAS
SRCE
Market cap1.50bUSD
Jun 06, Last price  
61.11USD
1D
1.95%
1Q
-2.58%
Jan 2017
36.83%
Name

1st Source Corp

Chart & Performance

D1W1MN
P/E
11.32
P/S
3.10
EPS
5.40
Div Yield, %
1.70%
Shrs. gr., 5y
-0.88%
Rev. gr., 5y
8.29%
Revenues
484m
+33.19%
166,961,000183,018,000189,529,000216,163,000213,742,000234,188,000229,272,000232,968,000234,029,000238,216,000249,837,000258,604,000284,337,000310,956,000324,996,000329,709,000336,730,000354,731,000363,404,000484,017,000
Net income
133m
+6.16%
33,751,00039,297,00030,539,00033,386,00025,490,00041,244,00048,195,00049,633,00054,958,00058,069,00057,486,00057,786,00068,051,00082,414,00091,960,00081,437,000118,534,000120,509,000124,927,000132,623,000
CFO
194m
+3.15%
49,264,00084,096,00084,361,00064,240,00051,853,00093,193,000124,408,00093,193,00086,866,00081,784,000101,031,00098,060,000117,261,000144,374,000164,606,000154,493,000166,761,000175,530,000187,936,000193,853,000
Dividend
Aug 05, 20240.36 USD/sh
Earnings
Jul 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
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
484,017
33.19%
363,404
2.44%
354,731
5.35%
Cost of revenue
13,974
128,695
142,756
Unusual Expense (Income)
NOPBT
470,043
234,709
211,975
NOPBT Margin
97.11%
64.59%
59.76%
Operating Taxes
38,439
36,746
36,255
Tax Rate
8.18%
15.66%
17.10%
NOPAT
431,604
197,963
175,720
Net income
132,623
6.16%
124,927
3.67%
120,509
1.67%
Dividends
(35,396)
(33,074)
(32,102)
Dividend yield
2.48%
2.45%
2.45%
Proceeds from repurchase of equity
(178)
(12,469)
(6,584)
BB yield
0.01%
0.92%
0.50%
Debt
Debt current
176,852
256,550
74,097
Long-term debt
100,076
122,862
Deferred revenue
Other long-term liabilities
7,573,580
7,423,466
(31,222)
Net debt
(1,436,284)
(1,397,438)
(3,463,293)
Cash flow
Cash from operating activities
193,853
187,936
175,530
CAPEX
(5,980)
(2,380)
Cash from investing activities
(276,605)
(358,286)
(784,872)
Cash from financing activities
77,910
177,221
206,952
FCF
394,868
534,971
15,380
Balance
Cash
1,613,136
106,389
1,859,831
Long term investments
1,647,675
1,800,421
Excess cash
1,588,935
1,735,894
3,642,515
Stockholders' equity
1,310,681
1,198,752
1,043,408
Invested Capital
7,798,109
7,634,561
7,370,105
ROIC
5.59%
2.64%
2.44%
ROCE
5.16%
2.66%
2.52%
EV
Common stock shares outstanding
24,496
24,616
24,687
Price
58.38
6.24%
54.95
3.50%
53.09
7.04%
Market cap
1,430,085
5.73%
1,352,624
3.20%
1,310,650
5.54%
EV
64,239
33,881
(2,092,945)
EBITDA
482,404
249,327
231,062
EV/EBITDA
0.13
0.14
Interest
183,200
138,260
30,347
Interest/NOPBT
38.98%
58.91%
14.32%