SRCE icon

1st Source

59.95 USD
-0.66
1.09%
At close Apr 30, 4:00 PM EDT
1 day
-1.09%
5 days
0.69%
1 month
0.23%
3 months
-4.64%
6 months
-1.62%
Year to date
3.77%
1 year
20.87%
5 years
72.62%
10 years
111.91%
 

About: 1st Source Corp, along with its subsidiary, offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans, which are given to privately owned business clients mainly located within the regional market areas, Consumer Services that consist of the full range of consumer banking products and services, Trust and Wealth Advisory Services, and Insurance services to individuals and business clients. Its Specialty Finance Group offers financing services for construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types for fleet purposes.

Employees: 1,205

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

38,394% more call options, than puts

Call options by funds: $6.93M | Put options by funds: $18K

44% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 52

29% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 17

2% more funds holding

Funds holding: 185 [Q3] → 188 (+3) [Q4]

1.02% more ownership

Funds ownership: 71.2% [Q3] → 72.22% (+1.02%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

1% less capital invested

Capital invested by funds: $1.04B [Q3] → $1.03B (-$10.3M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$75
25%
upside
Avg. target
$75
25%
upside
High target
$75
25%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Piper Sandler
Nathan Race
41% 1-year accuracy
12 / 29 met price target
25%upside
$75
Overweight
Maintained
28 Apr 2025

Financial journalist opinion

Based on 6 articles about SRCE published over the past 30 days

Positive
Zacks Investment Research
1 day ago
1st Source (SRCE) Upgraded to Buy: Here's Why
1st Source (SRCE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
1st Source (SRCE) Upgraded to Buy: Here's Why
Positive
Zacks Investment Research
6 days ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Positive
Zacks Investment Research
6 days ago
1st Source (SRCE) Q1 Earnings and Revenues Top Estimates
1st Source (SRCE) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.19 per share a year ago.
1st Source (SRCE) Q1 Earnings and Revenues Top Estimates
Neutral
Newsfile Corp
6 days ago
1st Source Corporation Reports Record First Quarter Results, Cash Dividend Declared
QUARTERLY HIGHLIGHTS Net income was a record $37.52 million for the quarter, up $6.08 million or 19.35% from the previous quarter and up $8.07 million or 27.38% from the first quarter of 2024. Diluted net income per common share was $1.52, up $0.25 or 19.69% from the previous quarter and up $0.33 or 27.73% from the prior year's first quarter of $1.19.
1st Source Corporation Reports Record First Quarter Results, Cash Dividend Declared
Positive
Zacks Investment Research
3 weeks ago
1st Source (SRCE) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
1st Source (SRCE) Could Be a Great Choice
Neutral
Newsfile Corp
3 weeks ago
1st Source Again Ranked in Top 50 Community Banks by S&P Global
S&P Global Market Intelligence's Top 50 Community Banks $3B-$10B South Bend, Indiana--(Newsfile Corp. - April 3, 2025) - 1st Source Corporation (NASDAQ: SRCE) is pleased to announce that they ranked #25 on S&P Global Market Intelligence's Top 50 Community Banks list of institutions with $3B-$10B in assets. This is the second year in a row that they've made the list of best-performing community banks.
1st Source Again Ranked in Top 50 Community Banks by S&P Global
Positive
Zacks Investment Research
1 month ago
Best Momentum Stocks to Buy for March 27th
ASLE, EFSC and SRCE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 27, 2025.
Best Momentum Stocks to Buy for March 27th
Positive
Zacks Investment Research
1 month ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Neutral
Newsfile Corp
1 month ago
1st Source Bank Named Among America's Best Midsize Employers for Fourth Year
South Bend, Indiana--(Newsfile Corp. - March 11, 2025) - 1st Source Bank (NASDAQ: SRCE) is pleased to announce that they were named once again to Forbes' list of America's Best Midsize Employers. This is the 10th anniversary of the list's creation and the fourth year that the Bank received the honor, following 2021, 2022, and 2023.
1st Source Bank Named Among America's Best Midsize Employers for Fourth Year
Negative
Seeking Alpha
1 month ago
1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
Tariffs on automobiles have been paused for one month. Nevertheless, the chance of resumption creates a high risk for SRCE's Specialty Finance division. The net interest margin appears to be almost neutral to interest rate changes, which is a good quality to have in the currently uncertain interest rate environment. I'm expecting an EPS of $5.53 for 2025, which is slightly below my previous estimate of $5.56.
1st Source Corporation: Tariff Resumption Could Hurt Specialty Finance Division; Maintaining Hold Rating
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