1st Source Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $43.54
- Today's High:
- $44.2199
- Open Price:
- $43.75
- 52W Low:
- $38.5077
- 52W High:
- $58.3758
- Prev. Close:
- $43.78
- Volume:
- 30816
Company Statistics
- Market Cap.:
- $1.08 billion
- Book Value:
- 37.315
- Revenue TTM:
- $358.24 million
- Operating Margin TTM:
- 47.62%
- Gross Profit TTM:
- $341.49 million
- Profit Margin:
- 35.55%
- Return on Assets TTM:
- 1.55%
- Return on Equity TTM:
- 13.47%
Company Profile
1st Source Corporation had its IPO on 1996-09-03 under the ticker symbol SRCE.
The company operates in the Financial Services sector and Banks-Regional industry. 1st Source Corporation has a staff strength of 1,150 employees.
Stock update
Shares of 1st Source Corporation opened at $43.75 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $43.54 - $44.22, and closed at $43.88.
This is a +0.23% increase from the previous day's closing price.
A total volume of 30,816 shares were traded at the close of the day’s session.
In the last one week, shares of 1st Source Corporation have slipped by -4.36%.
1st Source Corporation's Key Ratios
1st Source Corporation has a market cap of $1.08 billion, indicating a price to book ratio of 1.6142 and a price to sales ratio of 3.8869.
In the last 12-months 1st Source Corporation’s revenue was $358.24 million with a gross profit of $341.49 million and an EBITDA of $0. The EBITDA ratio measures 1st Source Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, 1st Source Corporation’s operating margin was 47.62% while its return on assets stood at 1.55% with a return of equity of 13.47%.
In Q2, 1st Source Corporation’s quarterly earnings growth was a positive 10.4% while revenue growth was a positive 8.9%.
1st Source Corporation’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 8.5675
- PEG
- 2.03
Its diluted EPS in the last 12-months stands at $5.11 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.03. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into 1st Source Corporation’s profitability.
1st Source Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.8869.
1st Source Corporation stock pays annual dividends of $1.28 per share, indicating a yield of 2.89% and a payout ratio of 25%.
Balance sheet and cash flow metrics
- Total Assets
- $8.41 billion
- Total Liabilities
- $118.38 million
- Operating Cash Flow
- $-75771000.00
- Capital Expenditure
- $812000
- Dividend Payout Ratio
- 25%
1st Source Corporation ended 2024 with $8.41 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.41 billion while shareholder equity stood at $921.02 million.
1st Source Corporation ended 2024 with $0 in deferred long-term liabilities, $118.38 million in other current liabilities, 436538000.00 in common stock, $744.44 million in retained earnings and $83.90 million in goodwill. Its cash balance stood at $86.74 million and cash and short-term investments were $1.75 billion. The company’s total short-term debt was $118,377,000 while long-term debt stood at $58.76 million.
1st Source Corporation’s total current assets stands at $1.75 billion while long-term investments were $7.74 billion and short-term investments were $1.66 billion. Its net receivables were $386.73 million compared to accounts payable of $0 and inventory worth $0.
In 2024, 1st Source Corporation's operating cash flow was $-75771000.00 while its capital expenditure stood at $812000.
Comparatively, 1st Source Corporation paid $0.25 in dividends in 2024.
Other key metrics
- Current Trading Price
- $43.88
- 52-Week High
- $58.3758
- 52-Week Low
- $38.5077
- Analyst Target Price
- $46.67
1st Source Corporation stock is currently trading at $43.88 per share. It touched a 52-week high of $58.3758 and a 52-week low of $58.3758. Analysts tracking the stock have a 12-month average target price of $46.67.
Its 50-day moving average was $45.04 and 200-day moving average was $46.32 The short ratio stood at 2.93 indicating a short percent outstanding of 0%.
Around 1833.7% of the company’s stock are held by insiders while 7414.7% are held by institutions.
Frequently Asked Questions About 1st Source Corporation
Similar Industry Stocks (Banks-Regional)
Most Active
Top Gainers
Top Losers
About
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. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.