1st Source Corp Reports Record Q3 2023 Earnings and Increased Cash Dividend
| SRCE Stock | USD 60.13 0.40 0.66% |
About 53% of 1st Source's investor base is interested to short. The analysis of overall sentiment of trading 1st Source stock suggests that many investors are impartial at this time. The current market sentiment, together with 1st Source's historical and current headlines, can help investors time the market. In addition, many technical investors use 1st Source stock news signals to limit their universe of possible portfolio assets.
1st Source Corp reported a record net income of 32.94 million for Q3 2023, marking a 0.62 percent increase from Q3 2022.The companys cash dividend per common
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1st Source Current Investor Sentiment
Comfort Level 47
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use 1st Source's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward 1st Source.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
1st Source Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards 1st Source can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
1st Source Historical Investor Sentiment
Investor biases related to 1st Source's public news can be used to forecast risks associated with an investment in 1st. The trend in average sentiment can be used to explain how an investor holding 1st can time the market purely based on public headlines and social activities around 1st Source. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
1st Source's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for 1st Source and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average 1st Source news discussions. The higher the estimate score, the more favorable the investor's outlook on 1st Source.
1st Source Fundamental Analysis
We analyze 1st Source's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1st Source using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1st Source based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
1st Source is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
1st Source Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 1st Source stock to make a market-neutral strategy. Peer analysis of 1st Source could also be used in its relative valuation, which is a method of valuing 1st Source by comparing valuation metrics with similar companies.
Peers
1st Source Related Equities
| FNWB | First Northwest | 1.76 | ||||
| LSBK | Lake Shore | 1.18 | ||||
| BSVN | Bank7 Corp | 0.43 | ||||
| FSBW | FS Bancorp | 0.34 | ||||
| HFWA | Heritage Financial | 0.30 | ||||
| WSBF | Waterstone Financial | 0.24 | ||||
| GSBC | Great Southern | 0.34 | ||||
| CHMG | Chemung Financial | 0.64 | ||||
| COFS | ChoiceOne Financial | 0.81 | ||||
| CWBC | Community West | 0.95 | ||||
| PWOD | Penns Woods | 1.02 | ||||
| FCCO | First Community | 1.06 | ||||
| HBCP | Home Bancorp | 1.15 | ||||
| CIVB | Civista Bancshares | 1.25 | ||||
| CBFV | CB Financial | 1.27 | ||||
| OBT | Orange County | 1.37 |
Complementary Tools for 1st Stock analysis
When running 1st Source's price analysis, check to measure 1st Source's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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