John Griffith - 1st Source EVP

SRCE Stock  USD 66.29  1.27  1.95%   

EVP

Mr. John B. Griffith is Executive Vice President, Chief Administrative Officer, General Counsel, Secretary of 1st Source Corporation and 1st Source Bank, a subsidiary of 1st Source Corporationrationration. Prior thereto, he was Senior Vice President, General Counsel and Secretary, 1st Source Corporation and 1st Source Bank. since 2011.
Age 66
Tenure 13 years
Address 100 North Michigan Street, South Bend, IN, United States, 46601
Phone574 235 2000
Webhttps://www.1stsource.com

1st Source Management Efficiency

The company has return on total asset (ROA) of 0.015 % which means that it generated a profit of $0.015 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1201 %, meaning that it created $0.1201 on every $100 dollars invested by stockholders. 1st Source's management efficiency ratios could be used to measure how well 1st Source manages its routine affairs as well as how well it operates its assets and liabilities. As of November 24, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, 1st Source's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.05, whereas Non Currrent Assets Other are projected to grow to (1.7 B).
1st Source currently holds 341.58 M in liabilities with Debt to Equity (D/E) ratio of 7.06, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about 1st Source's use of debt, we should always consider it together with its cash and equity.

Similar Executives

Found 6 records

EVP Age

Darren GuidryHome Bancorp
61
Natalie LemoineHome Bancorp
N/A
Hunter WestbrookHomeTrust Bancshares
61
Keith HoughtonHomeTrust Bancshares
61
Ralph BurchiantiCB Financial Services
68
Bryan McDonaldHeritage Financial
52
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. As of December 31, 2021, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana. 1st Source operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1130 people. 1st Source (SRCE) is traded on NASDAQ Exchange in USA. It is located in 100 North Michigan Street, South Bend, IN, United States, 46601 and employs 1,170 people. 1st Source is listed under Regional Banks category by Fama And French industry classification.

Management Performance

1st Source Leadership Team

Elected by the shareholders, the 1st Source's board of directors comprises two types of representatives: 1st Source inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 1st. The board's role is to monitor 1st Source's management team and ensure that shareholders' interests are well served. 1st Source's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, 1st Source's outside directors are responsible for providing unbiased perspectives on the board's policies.
Greg Brown, Pres Division
Andrea CPA, President Director
Lawrence Mayers, Regional Bank
Jeffrey Buhr, Chief Credit Officer of 1st Source Bank and Executive VP of 1st Source Bank
Christopher III, CEO President
Brett Bauer, CFO VP
Andrea Short, CFO, Executive VP, Treasurer, CFO of 1st Source Bank, Executive VP of 1st Source Bank and Treasurer of 1st Source Bank
John Griffith, Executive VP, General Counsel, Secretary, Executive VP of 1st Source Bank, General Counsel of 1st Source Bank and Secretary of 1st Source Bank
John JD, Chief VP
Chris Strafford, VP
CTP CFA, President Bank
Kevin Murphy, Executive Officer
Lanny Scoby, City Bank

1st Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is 1st Source a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1st Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.068
Dividend Share
1.4
Earnings Share
5.25
Revenue Per Share
15.077
Quarterly Revenue Growth
0.021
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1st Source's market value can be influenced by many factors that don't directly affect 1st Source's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, 1st Source's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.