1st Source Corporation (SRCE)
Stock Price Chart
Key Info
| Market Cap | 860.79M |
| Revenue (ttm) | 294.65M |
| Net Income (ttm) | 81.29M |
| Shares Out | 25.55M |
| EPS (ttm) | 3.17 |
| PE Ratio | 10.63 |
| Forward PE | n/a |
| Dividend | $1.12 |
| Dividend Yield | 3.32% |
Stock Quote
| Trading Day | Aug 6, 2020 |
| Last Price | $33.69 |
| Previous Close | $33.46 |
| Change ($) | 0.23 |
| Change (%) | 0.69% |
| Day's Open | 33.37 |
| Day's Range | 33.30 - 33.96 |
| Day's Volume | 39,318 |
| 52-Week Range | 26.07 - 53.42 |
More Stats
| Market Cap | 860.79M |
| Enterprise Value | 998.10M |
| Earnings Date (est) | Oct 15, 2020 |
| Ex-Dividend Date | Aug 3, 2020 |
| Shares Outstanding | 25.55M |
| Float | 14.29M |
| EPS (basic) | 3.16 |
| EPS (diluted) | 3.17 |
| FCF / Share | 6.46 |
| Dividend | $1.12 |
| Dividend Yield | 3.32% |
| Earnings Yield | 9.41% |
| FCF Yield | 19.16% |
| Payout Ratio | 35.80% |
| Shares Short | 479,712 |
| Short Ratio | 4.08 |
| Short % of Float | 2.53% |
| Beta | 1.14 |
| PE Ratio | 10.63 |
| Forward PE | n/a |
| P/FCF Ratio | 5.22 |
| PS Ratio | 2.92 |
| PB Ratio | 1.03 |
| Revenue | 294.65M |
| Operating Income | 106.33M |
| Net Income | 81.29M |
| Free Cash Flow | 164.89M |
| Net Cash | -137.31M |
| Net Cash / Share | -5.37 |
| Gross Margin | 105.35% |
| Operating Margin | 36.09% |
| Profit Margin | 27.60% |
| FCF Margin | 55.96% |
| ROA | 1.16% |
| ROE | 9.53% |
| ROIC | 1.50% |
Analyst Summary
Analyst Consensus: n/a
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 309 | 291 | 275 | 253 | 248 | 234 | 233 | 227 | 226 | 215 |
| Revenue Growth | 6.06% | 5.86% | 8.94% | 2.06% | 5.63% | 0.53% | 2.66% | 0.47% | 5.19% | - |
| Gross Profit | 309 | 291 | 275 | 253 | 248 | 234 | 233 | 227 | 226 | 215 |
| Operating Income | 120 | 105 | 101 | 89.13 | 88.56 | 84.44 | 83.94 | 75.68 | 73.79 | 60.48 |
| Net Income | 91.96 | 82.41 | 68.05 | 57.79 | 57.49 | 58.07 | 54.96 | 49.63 | 48.20 | 41.24 |
| Shares Outstanding | 25.51 | 25.97 | 25.94 | 25.87 | 26.08 | 26.25 | 26.75 | 26.71 | 26.63 | 26.62 |
| Earnings Per Share | 3.57 | 3.16 | 2.60 | 2.22 | 2.17 | 2.17 | 2.03 | 1.84 | 1.78 | 1.10 |
| EPS Growth | 12.97% | 21.54% | 17.12% | 2.3% | 0% | 6.9% | 10.57% | 3.03% | 62% | - |
| Dividend Per Share | 1.10 | 0.96 | 0.76 | 0.72 | 0.67 | 0.65 | 0.62 | 0.60 | 0.58 | 0.56 |
| Dividend Growth | 14.58% | 26.32% | 5.56% | 7.3% | 4.03% | 4.37% | 3% | 3.09% | 4.86% | - |
| Operating Cash Flow | 165 | 160 | 140 | 98.06 | 101 | 72.35 | 87.05 | 93.19 | 124 | 111 |
| Capital Expenditures | -7.11 | -23.95 | -49.27 | -39.04 | -64.01 | -35.56 | -28.36 | -7.30 | -21.48 | -4.37 |
| Free Cash Flow | 157 | 136 | 90.43 | 59.03 | 36.60 | 36.79 | 58.69 | 85.89 | 103 | 107 |
| Cash & Equivalents | 83.37 | 99.08 | 78.03 | 108 | 79.72 | 66.19 | 80.05 | 83.93 | 114 | 96.87 |
| Total Debt | 276 | 329 | 343 | 425 | 349 | 361 | 431 | 299 | 252 | 270 |
| Net Cash / Debt | -193 | -230 | -265 | -317 | -270 | -295 | -351 | -215 | -138 | -174 |
| Assets | 6,623 | 6,294 | 5,887 | 5,486 | 5,188 | 4,830 | 4,723 | 4,551 | 4,374 | 4,445 |
| Liabilities | 5,774 | 5,530 | 5,169 | 4,814 | 4,544 | 4,215 | 4,137 | 3,992 | 3,850 | 3,959 |
| Book Value | 828 | 762 | 719 | 673 | 644 | 614 | 585 | 559 | 524 | 486 |
Company Profile
Company Details
| Full Name | 1st Source Corporation |
| Country | United States |
| Employees | 1,175 |
| CEO | Christopher J. Murphy |
Stock Information
| Ticker Symbol | SRCE |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: SRCE |
Description
1st Source Corporation operates as the holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance 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 loans, and 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 a range of 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 new and used aircraft, auto and light trucks, construction equipment, and medium and heavy duty trucks; and leases construction equipment, various types of trucks, vans, automobiles, motor coaches, shuttle buses, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services; and investment advisory services to trust and investment clients. As of December 31, 2019, the company operated through 80 banking centers in 17 counties in Indiana and Michigan, and Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.