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SRCE 1St Source PE ratio, current and historical analysis

The PE ratio for 1St Source stock stands at 12.47 as of Jul 23, 2024. This is based on the current EPS of $4.97 and the stock price of $61.98 per share. An increase of 32% has been seen in the P/E ratio compared to the average of 9.5 of the last 4 quarters.

SRCE PE ratio history

How has SRCE's PE ratio performed in the past

Over the last ten years, the average PE ratio of 1St Source has been 13.49. The current 12.47 PE ratio is 8% 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.

Average
13.49
Median
13.11
Minimum
8.19
Maximum
20.24

1St Source PE ratio by year

Maximum annual increase: 41.39% in 2016

Maximum annual decrease: -32.86% in 2018

Year PE ratio Change
2023 10.92 -0.46%
2022 10.97 3.98%
2021 10.55 -16.99%
2020 12.71 -12.53%
2019 14.53 13.78%
2018 12.77 -32.86%
2017 19.02 -5.47%
2016 20.12 41.39%
2015 14.23 -0.97%
2014 14.37 0.49%

SRCE average PE ratio chart

What is the average PE ratio of SRCE for the past years

The current PE ratio of SRCE is above the 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
9.79
5-year avg
10.71
10-year avg
13.49
15-year avg
13.64

SRCE PE vs peers

What is SRCE's PE ratio compared to its peers

Compared to its peers LKFN and GABC, SRCE's PE ratio stands lower, however it is higher than ONB's and FRME's. 1St Source's PE ratio is trading below the peer group average of 15.76.

Stock name PE ratio Market cap
THFF First Financial Corp 9.72 $538.84M
ONB Old National Bancorp 10.85 $6.44B
FRME First Merchants Corp 11.68 $2.38B
SRCE 1St Source Corp 12.47 $1.52B
GABC German American Bancorp Inc 14.36 $1.21B
LKFN Lakeland Financial Corp 19.49 $1.8B
HBNC Horizon Bancorp Inc 28.46 $678.06M

Frequently asked questions

What is 1St Source's PE ratio?

As of Jul 23, 2024, SRCE stock has a price to earnings ratio of 12.47.

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 9.79.

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 10.71.

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 8% 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 (Jul 23, 2024), 1St Source's stock price is $61.98. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.97. Therefore, 1St Source's P/E ratio for today is 12.47. PE RATIO(12.47) = STOCK PRICE($61.98) / TTM EPS($4.97)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.