1st Interest Coverage from 2010 to 2026

SRCE Stock  USD 68.65  0.58  0.85%   
1st Source's Interest Coverage is decreasing over the years with very volatile fluctuation. Overall, Interest Coverage is expected to go to 1.30 this year. During the period from 2010 to 2026 1st Source Interest Coverage annual values regression line had geometric mean of  2.29 and mean square error of  4.52. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
1.2338421
Current Value
1.3
Quarterly Volatility
2.0615482
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check 1st Source financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 1st Source's main balance sheet or income statement drivers, such as Interest Expense of 174.5 M, Other Operating Expenses of 208.3 M or Operating Income of 215.3 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0178 or PTB Ratio of 1.58. 1st financial statements analysis is a perfect complement when working with 1st Source Valuation or Volatility modules.
  
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Check out the analysis of 1st Source Correlation against competitors.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
Analyzing 1st Source's Interest Coverage over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Coverage has evolved provides context for assessing 1st Source's current valuation and future prospects.

Latest 1st Source's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of 1st Source over the last few years. It is 1st Source's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 1st Source's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Very volatile
   Interest Coverage   
       Timeline  

1st Interest Coverage Regression Statistics

Arithmetic Mean3.02
Geometric Mean2.29
Coefficient Of Variation68.37
Mean Deviation1.60
Median2.50
Standard Deviation2.06
Sample Variance4.25
Range8.3426
R-Value(0.05)
Mean Square Error4.52
R-Squared0
Significance0.84
Slope(0.02)
Total Sum of Squares68.00

1st Interest Coverage History

2026 1.3
2025 1.23
2024 0.93
2023 1.17
2022 5.17
2021 8.54
2020 2.86

About 1st Source Financial Statements

1st Source stakeholders use historical fundamental indicators, such as 1st Source's Interest Coverage, to determine how well the company is positioned to perform in the future. Although 1st Source investors may analyze each financial statement separately, they are all interrelated. For example, changes in 1st Source's assets and liabilities are reflected in the revenues and expenses on 1st Source's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in 1st Source. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 1.23  1.30 

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When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out the analysis of 1st Source Correlation against competitors.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Regional Banks sector continue expanding? Could 1st diversify its offerings? Factors like these will boost the valuation of 1st Source. If investors know 1st will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every 1st Source data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.315
Earnings Share
6.41
Revenue Per Share
17.201
Quarterly Revenue Growth
0.157
Return On Assets
0.0176
Understanding 1st Source requires distinguishing between market price and book value, where the latter reflects 1st's accounting equity. The concept of intrinsic value - what 1st Source's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push 1st Source's price substantially above or below its fundamental value.
Please note, there is a significant difference between 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, 1st Source's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.