1st Source Net Worth
1st Source Net Worth Breakdown | SRCE |
1st Source Net Worth Analysis
1st Source's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including 1st Source's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of 1st Source's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform 1st Source's net worth analysis. One common approach is to calculate 1st Source's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares 1st Source's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing 1st Source's net worth. This approach calculates the present value of 1st Source's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of 1st Source's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate 1st Source's net worth. This involves comparing 1st Source's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into 1st Source's net worth relative to its peers.
Enterprise Value |
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To determine if 1st Source is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding 1st Source's net worth research are outlined below:
| Over 76.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 1st Source paid $ 0.36 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Agilitas Energy Buoys National Expansion Efforts with Strategic Financing from 1st Source Bank |
1st Source uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in 1st Source. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to 1st Source's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know 1st Source's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as 1st Source is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading 1st Source backward and forwards among themselves. 1st Source's institutional investor refers to the entity that pools money to purchase 1st Source's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Reinhart Mahoney Capital Management Inc | 2024-09-30 | 233.5 K | First Trust Advisors L.p. | 2024-06-30 | 194.4 K | Kennedy Capital Management Inc | 2024-09-30 | 178.2 K | Northern Trust Corp | 2024-09-30 | 175.3 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 170.2 K | Bridgeway Capital Management, Llc | 2024-09-30 | 169.6 K | Renaissance Technologies Corp | 2024-09-30 | 148.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 134.9 K | Fmr Inc | 2024-09-30 | 120.6 K | 1st Source Bank | 2024-06-30 | 6.3 M | Blackrock Inc | 2024-06-30 | 1.6 M |
Follow 1st Source's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.6 B.Market Cap |
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Project 1st Source's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.13 | 0.12 |
When accessing 1st Source's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures 1st Source's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of 1st Source's profitability and make more informed investment decisions.
Please note, the presentation of 1st Source's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 1st Source's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of 1st Source's management manipulating its earnings.
Evaluate 1st Source's management efficiency
1st Source 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 27, 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 Current Assets Total are forecasted to decline to about 13.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 43.40 | 45.57 | |
| Tangible Book Value Per Share | 39.99 | 41.99 | |
| Enterprise Value Over EBITDA | 7.32 | 6.90 | |
| Price Book Value Ratio | 1.37 | 1.67 | |
| Enterprise Value Multiple | 7.32 | 6.90 | |
| Price Fair Value | 1.37 | 1.67 | |
| Enterprise Value | 1.6 B | 1.7 B |
1st Source showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Enterprise Value Revenue 4.7259 | Revenue 369 M | Quarterly Revenue Growth 0.021 | Revenue Per Share 15.077 | Return On Equity 0.1201 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 1st Source insiders, such as employees or executives, is commonly permitted as long as it does not rely on 1st Source's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases 1st Source insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
1st Source Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 20th of June 2024 Other Reports | ViewVerify |
1st Source Earnings per Share Projection vs Actual
1st Source Corporate Management
| Jeffrey Buhr | Chief Credit Officer of 1st Source Bank and Executive VP of 1st Source Bank | Profile | |
| Greg Brown | Pres Division | Profile | |
| Lawrence Mayers | Regional Bank | Profile | |
| Brett Bauer | CFO VP | Profile |
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.