1st Source Stock Today

SRCE Stock  USD 63.52  1.06  1.70%   

Performance

Mild

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
1st Source is trading at 63.52 as of the 5th of January 2026, a 1.70% increase since the beginning of the trading day. The stock's lowest day price was 60.3. 1st Source has only a 6 % chance of going through financial distress over the next few years but had a somewhat mild performance during the last 90 days. The performance scores are derived for the period starting the 16th of January 2024 and ending today, the 5th of January 2026. Click here to learn more.
Business Domain
Banks
IPO Date
3rd of September 1996
Category
Financial Services
Classification
Financials
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. The company has 24.43 M outstanding shares of which 189.35 K shares are at this time shorted by private and institutional investors with about 2.25 trading days to cover. More on 1st Source

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1st Stock Highlights

Executive ChairmanChristopher III
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Nasdaq Bank, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00850.0134
Way Down
Slightly volatile
Asset Turnover0.07820.0734
Notably Up
Very volatile
Gross Profit Margin0.550.59
Significantly Down
Pretty Stable
Net Debt224.2 M285.4 M
Significantly Down
Slightly volatile
Total Current LiabilitiesB8.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total327.5 M311.9 M
Sufficiently Up
Slightly volatile
Total Assets10.8 B10.3 B
Sufficiently Up
Slightly volatile
Total Current Assets645.9 M1.2 B
Way Down
Slightly volatile
Total Cash From Operating Activities234.1 M222.9 M
Sufficiently Up
Slightly volatile
Debt Levels
1st Source can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand 1st Source's financial leverage. It provides some insight into what part of 1st Source's total assets is financed by creditors.
Liquidity
1st Source currently holds 325.05 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.

Stock Based Compensation

4.04 Million
1st Source (SRCE) is traded on NASDAQ Exchange in USA and employs 1,205 people. 1st Source is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.53 B. 1st Source conducts business under Banks sector and is part of Financials industry. The entity has 24.43 M outstanding shares of which 189.35 K shares are at this time shorted by private and institutional investors with about 2.25 trading days to cover. 1st Source currently holds about 144.52 M in cash with 193.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.86.
Check 1st Source Probability Of Bankruptcy
Ownership Allocation
1st Source holds a total of 24.43 Million outstanding shares. The majority of 1st Source outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in 1st Source to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in 1st Source. Please pay attention to any change in the institutional holdings of 1st Source as this could imply that something significant has changed or is about to change at the company. Also note that nearly one hundred ninety-five thousand four hundred seventy-eight invesors are currently shorting 1st Source expressing very little confidence in its future performance.
Check 1st Ownership Details

1st Stock Institutional Holders

InstituionRecorded OnShares
Manufacturers Life Insurance Co2025-06-30
257.6 K
Millennium Management Llc2025-06-30
245.1 K
Hotchkis & Wiley Capital Management Llc2025-06-30
211.9 K
Bridgeway Capital Management, Llc2025-06-30
207.2 K
Northern Trust Corp2025-06-30
192.6 K
Renaissance Technologies Corp2025-06-30
163.9 K
Qube Research & Technologies2025-06-30
161.6 K
Ubs Group Ag2025-06-30
157.3 K
Hhg Plc2025-06-30
139.5 K
1st Source Bank2025-06-30
5.2 M
Blackrock Inc2025-06-30
M
View 1st Source Diagnostics

1st Source Historical Income Statement

At present, 1st Source's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 206.6 M, whereas Selling General Administrative is forecasted to decline to about 80.2 M. View More Fundamentals

1st Stock Against Markets

1st Source Corporate Management

Jeffrey BuhrChief Credit Officer of 1st Source Bank and Executive VP of 1st Source BankProfile
Greg BrownPres DivisionProfile
Lawrence MayersRegional BankProfile
Brett BauerCFO VPProfile
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 manufacturing.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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
0.213
Dividend Share
1.52
Earnings Share
6.01
Revenue Per Share
16.533
Quarterly Revenue Growth
0.141
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.