NASDAQ: SRCE
1st Source Corp Stock

$65.21-0.53 (-0.81%)
Updated Feb 7, 2025
SRCE Price
$65.21
Fair Value Price
N/A
Market Cap
$1.60B
52 Week Low
$47.30
52 Week High
$68.13
P/E
12.42x
P/B
1.45x
P/S
3.98x
PEG
1.41x
Dividend Yield
1.63%
Revenue
$369.01M
Earnings
$129.61M
Gross Margin
100%
Operating Margin
45.4%
Profit Margin
35.1%
Debt to Equity
6.87
Operating Cash Flow
$204M
Beta
0.95
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

SRCE Overview

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.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine SRCE's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Value
D
Growth
B
Momentum
C
Sentiment
C
Safety
C
Financials
A
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Bank

Industry Rating
D
SRCE
Ranked
#104 of 338

Top Ranked Stocks in Industry

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SRCE News

Overview

Due Diligence Score

Industry Average (32)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how SRCE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

SRCE ($65.21) is trading above its intrinsic value of $44.15, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
SRCE is good value based on its earnings relative to its share price (12.42x), compared to the US market average (30.7x)
P/E vs Market Valuation
SRCE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more SRCE due diligence checks available for Premium users.

Valuation

SRCE fair value

Fair Value of SRCE stock based on Discounted Cash Flow (DCF)

Price
$65.21
Fair Value
$60.56
Overvalued by
7.67%
SRCE ($65.21) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SRCE price to earnings (PE)

For valuing profitable companies with steady earnings

Company
12.42x
Industry
34.3x
Market
30.7x
SRCE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
SRCE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

SRCE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.45x
Industry
1.16x
SRCE is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SRCE price to earnings growth (PEG)

For valuing profitable companies with growth potential

SRCE is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

SRCE's financial health

Profit margin

Revenue
$94.8M
Net Income
$34.9M
Profit Margin
36.8%
SRCE's Earnings (EBIT) of $167.54M... subscribe to Premium to read more.
Interest Coverage Financials
SRCE's profit margin (35.1%) has... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$8.8B
Liabilities
$7.6B
Debt to equity
6.87
SRCE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SRCE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$68.4M
Investing
$34.8M
Financing
-$203.0M
SRCE's operating cash flow ($204.46M)... subscribe to Premium to read more.
Debt Coverage Financials

SRCE vs Bank Stocks

TickerZen RatingMarket Cap1d %P/EP/B
SRCEC$1.60B-0.81%12.42x1.45x
LOBD$1.60B-0.98%18.88x1.58x
STELD$1.56B-2.01%13.33x0.96x
SASR$1.55B-1.94%18.11x0.95x
STBAC$1.55B-1.87%11.43x1.12x

1st Source Stock FAQ

What is 1st Source's quote symbol?

(NASDAQ: SRCE) 1st Source trades on the NASDAQ under the ticker symbol SRCE. 1st Source stock quotes can also be displayed as NASDAQ: SRCE.

If you're new to stock investing, here's how to buy 1st Source stock.

What is the 52 week high and low for 1st Source (NASDAQ: SRCE)?

(NASDAQ: SRCE) 1st Source's 52-week high was $68.13, and its 52-week low was $47.30. It is currently -4.28% from its 52-week high and 37.86% from its 52-week low.

How much is 1st Source stock worth today?

(NASDAQ: SRCE) 1st Source currently has 24,516,293 outstanding shares. With 1st Source stock trading at $65.21 per share, the total value of 1st Source stock (market capitalization) is $1.60B.

1st Source stock was originally listed at a price of $28.98 in Dec 31, 1997. If you had invested in 1st Source stock at $28.98, your return over the last 27 years would have been 125%, for an annualized return of 3.05% (not including any dividends or dividend reinvestments).

How much is 1st Source's stock price per share?

(NASDAQ: SRCE) 1st Source stock price per share is $65.21 today (as of Feb 7, 2025).

What is 1st Source's Market Cap?

(NASDAQ: SRCE) 1st Source's market cap is $1.60B, as of Feb 8, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

1st Source's market cap is calculated by multiplying SRCE's current stock price of $65.21 by SRCE's total outstanding shares of 24,516,293.
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