1st Source Corporation

SRCE | Financial Services | NASDAQ
$68.19
-0.29 (-0.42%)

Key Metrics

Market Cap
$1.67B
P/E Ratio
10.64
EPS
$6.41
Beta
N/A
Dividend Yield
N/A
ROE
13.00%
Current Ratio
12.62

Company Information

Industry
Banks Regional

About 1st Source Corporation

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 preowned 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

Recent Earnings Surprises

Date Actual EPS Estimated EPS Surprise
2026-01-22 $1.67 $1.62 +3.1%
2025-10-23 $1.71 $1.60 +6.9%
2025-07-24 $1.51 $1.49 +1.3%
2025-04-24 $1.52 $1.36 +11.8%

Financial Ratios (TTM)

Gross Margin
70.32%
Operating Margin
34.18%
Net Margin
26.38%
ROA
1.75%
Price to Book
1.29
Price to Sales
2.74