SRCE 1St Source PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: SRCE
- PE Ratio
The PE ratio for 1St Source stock stands at 10.73 as of May 9, 2025. This is based on the current EPS of $5.69 and the stock price of $61.04 per share. The current PE ratio is comparable to the past four-quarter average.
SRCE PE ratio history
Over the last ten years, the average PE ratio of 1St Source has been 13.23. The current 10.73 PE ratio is 19% below the historical average. Over the past ten years, SRCE's PE ratio was at its highest in the Sep 2017 quarter at 20.24, with a price of $50.8 and an EPS of $2.51. The Jun 2023 quarter recorded the bottom point at 8.19, with a price of $41.93 and an EPS of $5.12.
1St Source PE ratio by year
Maximum annual increase: 41.39% in 2016
Maximum annual decrease: -32.86% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.89 | -0.27% | $58.38 | $5.36 |
| 2023 | 10.92 | -0.46% | $54.95 | $5.03 |
| 2022 | 10.97 | 3.98% | $53.09 | $4.84 |
| 2021 | 10.55 | -16.99% | $49.6 | $4.7 |
| 2020 | 12.71 | -12.53% | $40.3 | $3.17 |
| 2019 | 14.53 | 13.78% | $51.88 | $3.57 |
| 2018 | 12.77 | -32.86% | $40.34 | $3.16 |
| 2017 | 19.02 | -5.47% | $49.45 | $2.6 |
| 2016 | 20.12 | 41.39% | $44.66 | $2.22 |
| 2015 | 14.23 | -0.97% | $30.87 | $2.17 |
| 2014 | 14.37 | 0.49% | $31.19 | $2.17 |
| 2013 | 14.3 | 31.07% | $29.04 | $2.03 |
| 2012 | 10.91 | -15.69% | $20.08 | $1.84 |
| 2011 | 12.94 | -22.65% | $23.03 | $1.78 |
| 2010 | 16.73 | -17.67% | $18.4 | $1.1 |
1St Source PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 10.51 | -3.49% | $59.81 | $5.69 |
| Dec 2024 | 10.89 | -4.56% | $58.38 | $5.36 |
| Sep 2024 | 11.41 | 9.82% | $59.88 | $5.25 |
| Jun 2024 | 10.39 | -1.52% | $53.62 | $5.16 |
| Mar 2024 | 10.55 | -3.39% | $52.42 | $4.97 |
| Dec 2023 | 10.92 | 32.85% | $54.95 | $5.03 |
| Sep 2023 | 8.22 | 0.37% | $42.09 | $5.12 |
| Jun 2023 | 8.19 | -5.1% | $41.93 | $5.12 |
| Mar 2023 | 8.63 | -21.33% | $43.15 | $5 |
| Dec 2022 | 10.97 | 11.6% | $53.09 | $4.84 |
| Sep 2022 | 9.83 | 1.34% | $46.3 | $4.71 |
| Jun 2022 | 9.7 | -1.62% | $45.4 | $4.68 |
| Mar 2022 | 9.86 | -6.54% | $46.25 | $4.69 |
| Dec 2021 | 10.55 | 2.93% | $49.6 | $4.7 |
| Sep 2021 | 10.25 | -9.53% | $47.24 | $4.61 |
SRCE average PE ratio chart
The current PE ratio of SRCE is above the 3 and 5-year historical averages, but it is below the 10-year average.
SRCE PE vs peers
Compared to its peers ONB and LKFN, SRCE's PE ratio stands lower, however it is higher than FRME's. 1St Source's PE ratio is trading below the peer group average of 13.18.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FRME First Merchants Corp | 11.07 | $2.3B |
| SRCE 1St Source Corp | 11.2 | $1.57B |
| THFF First Financial Corp | 11.5 | $629.74M |
| ONB Old National Bancorp | 12.76 | $7.1B |
| GABC German American Bancorp Inc | 14.06 | $1.49B |
| HBNC Horizon Bancorp Inc | 15.22 | $698.06M |
| LKFN Lakeland Financial Corp | 17.56 | $1.58B |
Frequently asked questions
What is 1St Source's PE ratio?
As of May 9, 2025, SRCE stock has a price to earnings ratio of 10.73.
What is the 3-year average PE ratio for 1St Source (SRCE)?
The average PE ratio for SRCE stock over the past 3 years is 10.02.
What is the 5-year average PE ratio for 1St Source (SRCE)?
The average PE ratio for SRCE stock over the past 5 years is 10.48.
What is the highest PE ratio for SRCE?
Over the last ten years, the quarterly PE ratio reached a historic high of 20.24 in the Sep 2017 quarter.
How does the current PE ratio for SRCE compare to its historical average?
SRCE's current price to earnings ratio is 19% below its 10-year historical average.
How is SRCE's PE ratio calculated (1St Source PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 9, 2025), 1St Source's stock price is $61.04. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $5.69. Therefore, 1St Source's P/E ratio for today is 10.73. PE RATIO(10.73) = STOCK PRICE($61.04) / TTM EPS($5.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.