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Ticker
SRCE

Price
53.42
Stock movement down
-0.28 (-0.52%)
Company name
1st Source Corporation
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
1.31B
Ent value
8.80B
Price/Sales
2.33
Price/Book
1.11
Div yield
2.70%
Div growth
6.25%
Growth years
34
FCF payout
17.77%
Trailing P/E
10.13
Forward P/E
10.15
PEG
1.01
EPS growth
9.82%
1 year return
9.76%
3 year return
6.08%
5 year return
10.77%
10 year return
6.19%
Last updated: 2025-04-11

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.44
Dividend yield2.70%
Payout frequency-
Maximum yield3.95%
Average yield2.72%
Minimum yield2.13%
Discount to avg yield-0.86%
Upside potential-0.86%
Yield as % of max yield68.23%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.70%
Current yield distribution43.33%
Yield at 100% (Min)2.13%
Yield at 90%2.36%
Yield at 80%2.47%
Yield at 50% (Median)2.65%
Yield at 20%2.96%
Yield at 10%3.22%
Yield at 0% (Max)3.95%

Dividend per share

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Dividend per share data
Years of growth34 years
CCC statusDividend Champion
Dividend per share1.44
Payout frequency-
Ex-div date4 Feb 2025
EPS (TTM)5.27
EPS (1y forward)5.26
EPS growth (5y)9.82%
EPS growth (5y forward)10.00%

Dividend growth

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Dividend growth data
SRCES&P500
DGR MR5.88%-13.74%
DGR TTM7.69%6.60%
DGR 3 years4.78%5.24%
DGR 5 years6.25%5.40%
DGR 10 years6.69%7.07%
DGR 15 years5.53%6.12%
Time since last change announced264 days
EPS growth (5y)9.82%
EPS growth (5y forward)10.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM26.98%17.77%
Average--
Forward27.36%-

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iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E10.13
Price to OCF6.37
Price to FCF6.67
Price to EBITDA9.57
EV to EBITDA64.28

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.33
Price to Book1.11
EV to Sales15.68

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FINANCIALS

Per share

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Per share data
Current share count24.52M
EPS (TTM)5.27
FCF per share (TTM)8.01

Income statement

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Income statement data
Revenue (TTM)561.12M
Gross profit (TTM)495.51M
Operating income (TTM)132.64M
Net income (TTM)129.30M
EPS (TTM)5.27
EPS (1y forward)5.26

Margins

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Margins data
Gross margin (TTM)88.31%
Operating margin (TTM)23.64%
Profit margin (TTM)23.04%

Balance Sheet

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Balance Sheet data
Cash99.90M
Net receivables30.72M
Total current assets1.66B
Goodwill83.90M
Intangible assets3.49M
Property, plant and equipment83.04M
Total assets8.76B
Accounts payable0.00
Short/Current long term debt200.11M
Total current liabilities102.12M
Total liabilities7.59B
Shareholder's equity1.18B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)205.53M
Capital expenditures (TTM)9.20M
Free cash flow (TTM)196.33M
Dividends paid (TTM)34.89M

Financial returns

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Financial returns data
Return on Equity11.00%
Return on Assets1.48%
Return on Invested Capital9.40%
Cash Return on Invested Capital14.28%

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STOCK INFORMATION

Stock chart

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Stock price data
Open53.43
Daily high53.78
Daily low52.69
Daily Volume63K
All-time high67.65
1y analyst estimate65.33
Beta0.77
EPS (TTM)5.27
Dividend per share1.44
Ex-div date4 Feb 2025
Next earnings date23 Apr 2025

Downside potential

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Downside potential data
SRCES&P500
Current price drop from All-time high-21.03%-12.89%
Highest price drop-66.59%-56.47%
Date of highest drop28 Oct 20029 Mar 2009
Avg drop from high-20.94%-11.07%
Avg time to new high24 days12 days
Max time to new high2059 days1805 days

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COMPANY DETAILS
SRCE (1st Source Corporation) company logo
Marketcap
1.31B
Marketcap category
Small-cap
Description
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. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.
Employees
1170
SEC filings
CEO
Country
USA
City
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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