Stock Forecast

  1st Source Corporation ( SRCE) Stock. Should you Buy or Sell?    $ 48.17

0.45 (0.93 %)

1st Source Corporation Analysis

Updated on 10-09-2022
Symbol SRCE
Price $48.17
Beta 0.972
Volume Avg. $47.87 thousand
Market Cap $1.19 B
52 Week Range $42.29 - $52.7

1st Source Corporation opened the day at $48.17 which is +'0.93 % on yesterday's close. 1st Source Corporation has a 52 week high of $52.7 and 52 week low of $42.29, which is a difference of $10.41. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $1.19 B and total net profit is $336730000 which means the company is trading at 3.53 times profit to market capitalization. Theoretically, if you were to buy 1st Source Corporation for $1.19 B, it would take 15 years to get your money back. 1st Source Corporation are in the Banks—Regional space which will have a sweet spot and industry standard for net profit multiples.

Price Chart

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1st Source Corporation Stock Forecast - Is 1st Source Corporation a Buy or Sell?

DCF ScoreStrong Buy
ROE ScoreNeutral
ROA ScoreNeutral
DE ScoreStrong Buy
PE ScoreStrong Buy
PB ScoreStrong Buy
Overall RecommendationStrong Buy

Growth and Value

PE Ratio 10.271
Dividend Yiel 0.026
Net Profit Margin 0.343

Valuing 1st Source Corporation

Price Book Value Ratio 1.389 Price To Book Ratio 1.389
Price To Sales Ratio 3.491 Price Earnings Ratio 10.174

How liquid is 1st Source Corporation

Current Ratio 29.046
Quick Ratio 379.854


Debt Ratio 0.887 Debt Equity Ratio 8.314
Long Term Debt To Capitalization 0.111 Total Debt To Capitalization 0.116

Latest news about 1st Source Corporation

8 Upcoming Dividend Increases

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 7.1% and a median increase of 4.8%. I've tracked 336 increases in 2022, 211 increases in Q1 2022, 107 in Q2, and 23 in Q3.

Date : 28/07/2022

1st Source (SRCE) Q2 Earnings Beat Estimates

1st Source (SRCE) delivered earnings and revenue surprises of 11.32% and 0.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Date : 21/07/2022

1st Source (SRCE) Q1 Earnings and Revenues Top Estimates

1st Source (SRCE) delivered earnings and revenue surprises of 10% and 0.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Date : 21/04/2022

1st Source (SRCE) Upgraded to Buy: What Does It Mean for the Stock?

1st Source (SRCE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Date : 31/03/2022

1st Source: Balanced Bank With Attractive Fee Income Mix

The Specialty Finance segment helps with consistent, less rate-sensitive NIM. Wealth management and insurance offices drive fee income.

Date : 06/02/2022

About 1st Source Corporation

CEO : Mr. Christopher Murphy
Sector : Financial Services
Industry : Banks—Regional

Website :

Exchange : NASDAQ Global Select

Description :

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.

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