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1st Source Corporation (SRCE)

Stock Price: $33.69 USD 0.23 (0.69%)
Updated Aug 6, 2020 4:00 PM EDT - Market closed

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%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$40.33*
(19.71% upside)
Low
36.0
Current: $33.69
High
43.0
Target: 40.33
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue309291275253248234233227226215
Revenue Growth6.06%5.86%8.94%2.06%5.63%0.53%2.66%0.47%5.19%-
Gross Profit309291275253248234233227226215
Operating Income12010510189.1388.5684.4483.9475.6873.7960.48
Net Income91.9682.4168.0557.7957.4958.0754.9649.6348.2041.24
Shares Outstanding25.5125.9725.9425.8726.0826.2526.7526.7126.6326.62
Earnings Per Share3.573.162.602.222.172.172.031.841.781.10
EPS Growth12.97%21.54%17.12%2.3%0%6.9%10.57%3.03%62%-
Dividend Per Share1.100.960.760.720.670.650.620.600.580.56
Dividend Growth14.58%26.32%5.56%7.3%4.03%4.37%3%3.09%4.86%-
Operating Cash Flow16516014098.0610172.3587.0593.19124111
Capital Expenditures-7.11-23.95-49.27-39.04-64.01-35.56-28.36-7.30-21.48-4.37
Free Cash Flow15713690.4359.0336.6036.7958.6985.89103107
Cash & Equivalents83.3799.0878.0310879.7266.1980.0583.9311496.87
Total Debt276329343425349361431299252270
Net Cash / Debt-193-230-265-317-270-295-351-215-138-174
Assets6,6236,2945,8875,4865,1884,8304,7234,5514,3744,445
Liabilities5,7745,5305,1694,8144,5444,2154,1373,9923,8503,959
Book Value828762719673644614585559524486
Numbers in millions USD, except per-share numbers.

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.