SRCE 1St Source Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: SRCE

Price (delayed)

$89.74

Market cap

$2.16B

P/E Ratio

12.89

Dividend/share

$1.61

EPS

$6.96

Enterprise value

$2.33B

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Relative Growth: Rel. Growth: 89
Relative Strength: Rel. Strength: 84
Relative Valuation: Rel. Valuation: 77
Relative Profitability: Rel. Profitability: 90

1st Source Corporation is a bank holding company that provides, through its subsidiaries, an array of financial products and services. 1st Source Bank (the Bank), its banking subsidiary, offers commercial ...

Highlights
The EPS has grown by 22% YoY and by 7% from the previous quarter
1St Source's net income has increased by 21% YoY and by 6% from the previous quarter
SRCE's debt is up by 40% year-on-year but it is down by 23% since the previous quarter
SRCE's P/E is 26% above its 5-year quarterly average of 10.2 and 22% above its last 4 quarters average of 10.6
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.1stsource.com
Peers: THFF ONB GABC HBNC

Key stats

What are the main financial stats of SRCE

SRCE stock price

How has the 1St Source stock price performed over time
Intraday
0%
1 week
4.54%
1 month
10%
1 year
50.02%
YTD
43.61%
QTD
10%

Financial performance

How have 1St Source's revenue and profit performed over time
Revenue
$442.37M
Gross profit
$442.37M
Operating income
$221.5M
Net income
$170.94M
Gross margin
100%
Net margin
38.6%
SRCE's operating income is up by 22% YoY and by 6% from the previous quarter
1St Source's net income has increased by 21% YoY and by 6% from the previous quarter
The revenue has increased by 13% year-on-year and by 3.8% since the previous quarter
1St Source's gross profit has increased by 13% YoY and by 3.8% QoQ

Price vs fundamentals

How does SRCE's price correlate with its fundamentals

Growth

What is 1St Source's growth rate over time

Valuation

What is 1St Source stock price valuation
SRCE P/E details
P/E
12.89
P/B
1.65
P/S
4.88
EV/EBIT
10.51
EV/EBITDA
10
EV/Sales
5.26
SRCE's P/E is 26% above its 5-year quarterly average of 10.2 and 22% above its last 4 quarters average of 10.6
The EPS has grown by 22% YoY and by 7% from the previous quarter
The stock's price to book (P/B) is 27% more than its 5-year quarterly average of 1.3 and 27% more than its last 4 quarters average of 1.3
SRCE's equity is up by 9% year-on-year and by 2.5% since the previous quarter
The P/S is 36% above the 5-year quarterly average of 3.6 and 25% above the last 4 quarters average of 3.9
The revenue has increased by 13% year-on-year and by 3.8% since the previous quarter

Efficiency

How efficient is 1St Source business performance
The ROIC has grown by 20% YoY and by 4.3% from the previous quarter
The return on assets is up by 19% year-on-year and by 6% since the previous quarter
The ROE has grown by 9% YoY and by 3.9% from the previous quarter
The ROS has grown by 8% YoY and by 2.7% from the previous quarter

Dividends

What is SRCE's dividend history
Dividend details
DPS
$1.61
Dividend yield
1.79%
Payout ratio
23.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did 1St Source financials performed over time
The total assets is 17% greater than the total liabilities
SRCE's debt is 78% smaller than its equity
SRCE's debt is up by 40% year-on-year but it is down by 23% since the previous quarter
SRCE's debt to equity is down by 27% from the previous quarter but it is up by 22% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.