1st Source Corp Q3 2024 Everything You Need To Know Ahead Of Earnings

SRCE Stock  USD 64.89  0.33  0.51%   
About 68% of 1st Source's investor base is looking to short. The analysis of overall sentiment of trading 1st Source stock suggests that many investors are alarmed 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 is set to release its Q3 2024 earnings on Oct 24, 2024. The consensus estimate for Q3 2024 revenue is 97.52 million, and the earnings ar

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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 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.

Total Debt

Total Debt Comparative Analysis

1st Source is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

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

PWODPenns Woods   1.61   
0%
100.0%
CBFVCB Financial   1.36   
0%
84.0%
FCCOFirst Community   1.29   
0%
80.0%
OBTOrange County   1.00   
0%
62.0%
CHMGChemung Financial   0.96   
0%
59.0%
FNWBFirst Northwest   0.88   
0%
54.0%
COFSChoiceOne Financial   0.56   
0%
34.0%
GSBCGreat Southern   0.42   
0%
26.0%
CIVBCivista Bancshares   0.31   
0%
19.0%
WSBFWaterstone Financial   0.20   
0%
12.0%
FSBWFS Bancorp   0.17   
0%
10.0%
LSBKLake Shore   0.07   
0%
4.0%
BSVNBank7 Corp   0.06   
0%
3.0%
HBCPHome Bancorp   0.1   
6.0%
0%
CWBCCommunity West   0.18   
11.0%
0%
HTBIHomeTrust Bancshares   0.59   
36.0%
0%
HFWAHeritage Financial   1.31   
81.0%
0%

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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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