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SRCE stock logo

SRCE

1st Source Corporation

$76.7
0.75
 (0.99%)
Exchange:  NASDAQ
Market Cap:  1.846B
Shares Outstanding:  21.88M
Delayed data
Calculate SRCE Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Banks – Regional
   
CEO:  Andrea Gayle Short
Full Time Employees:  1205
Address: 
100 North Michigan Street
South Bend
IN
46601
US
Website:  https://www.1stsource.com
As the parent company of 1st Source Bank, 1st Source Corporation delivers a comprehensive suite of financial solutions, encompassing commercial and retail banking, wealth management, and insurance offerings, to both individual and corporate customers. For individual clients, the bank provides essential services such as checking, savings, certificates of deposit, and individual retirement accounts, complemented by digital conveniences like online and mobile banking. Various lending options are available, including personal loans, home mortgages, and home equity lines of credit, along with financial planning, literacy programs, consultative support, and debit and credit card facilities. Businesses benefit from a range of financial products, including commercial, small business, agricultural, and real estate loans, which support diverse corporate needs from acquiring properties and equipment to financing accounts receivables and renewable energy projects. Additionally, the corporation provides commercial leasing, sophisticated treasury management, and retirement planning solutions. Through its wealth advisory segment, the company delivers trust, investment, agency, and custodial services, encompassing the administration of estates and personal trusts, along with the professional management of investment portfolios for individuals, employee benefit plans, and charitable organizations. A specialized focus includes financing and leasing a wide variety of equipment, such as construction machinery, new and used aircraft, various truck types (light, medium, heavy-duty, step vans, vocational work trucks), motor coaches, shuttle buses, funeral vehicles, and automobiles, among other specialized equipment. The company also offers a full spectrum of insurance solutions, spanning corporate and personal property, casualty coverage, and individual or group health and life policies. As of December 31, 2021, 1st Source Corporation maintained 79 banking branches across 18 counties in Indiana and Michigan, alongside a presence in Sarasota County, Florida. Established in 1863, its corporate headquarters are located in South Bend, Indiana.

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Revenue Segmentation

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EPS

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Earnings Call

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue507,530570,324599,997
Gross Profit363,404374,658421,927
EBITDA177,143183,418214,027
Operating Income161,680171,057205,088
Net Income124,927132,623158,273

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets8,727,9588,931,9389,055,270
Total Liabilities7,659,6957,750,4327,737,180
Total Stockholders Equity989,5681,111,0681,274,971
Total Debt397,393325,045126,151
Cash and Cash Equivalents77,47476,83769,249

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow187,936194,0740
Capital Expenditure-5,980-12,3670
Free Cash Flow181,956181,4860
Net Income124,934132,618158,259
Net Change in Cash6,871-4,842-4,969

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2027Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)470,015.380Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)476,387.018Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)472,638.667Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)186,893.248Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)189,426.816Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)187,936.351Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)169,110.612Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)172,039.004Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)170,574.808Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)116,290.622Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)117,867.084Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)116,939.672Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)6.990Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)7.050Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)6.930Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)2Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)2Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
567.683M  ?P/S
 (TTM)
: 
3.01
?Net Income
 (TTM)
: 
131.395M  ?P/E
 (TTM)
: 
11.38
?Enterprise Value
 (TTM)
: 
2.129B  ?EV/FCF
 (TTM)
: 
10.15
?Dividend Yield
 (TTM)
: 
0.02  ?Payout Ratio
 (TTM)
: 
0.25
?ROE
 (TTM)
: 
0.13  ?ROIC
 (TTM)
: 
0.09
?Net Debt
 (TTM)
: 
288.431M  ?Debt/Equity
 (TTM)
: 
0.3
?P/B
 (TTM)
: 
1.43  ?Current Ratio
 (TTM)
: 
0.18

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
11.30Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates SRCE intrinsic value between $81.25 – $109.01 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about SRCE valuation

Is 1st Source Corporation (SRCE) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for 1st Source Corporation (SRCE) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is SRCE a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether SRCE trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is SRCE’s P/E ratio?

You can see SRCE’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for SRCE?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is SRCE a good long-term investment?

Whether SRCE fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

SRCE

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

0.99
MARKETSnap

Trading Metrics:

Open: 76.47   Previous Close: 75.95
Day Low: 76.47   Day High: 78.1
Year Low: 56.89   Year High: 78.1
Price Avg 50: 73.04   Price Avg 200: 66.48
Volume: 131042   Average Volume: 143544

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See in Nexus

Relevant news

Why 1st Source (SRCE) is a Top Dividend Stock for Your Portfolio
01-06-2026 12:46
Why 1st Source (SRCE) is a Top Dividend Stock for Your Portfolio
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14-05-2026 12:45
1st Source (SRCE) is a Top Dividend Stock Right Now: Should You Buy?
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28-04-2026 12:47
This is Why 1st Source (SRCE) is a Great Dividend Stock
1st Source (SRCE) Could Be a Great Choice
04-02-2026 12:45
1st Source (SRCE) Could Be a Great Choice
1st Source (SRCE) Is Up 3.65% in One Week: What You Should Know
08-04-2026 13:00
1st Source (SRCE) Is Up 3.65% in One Week: What You Should Know
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09-03-2026 12:45
Are You Looking for a High-Growth Dividend Stock?

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