1st Source Corporation (SRCE)

NASDAQ: SRCE · IEX Real-Time Price · USD
56.19
-0.10 (-0.18%)
Nov 29, 2022 4:00 PM EDT - Market closed

Total Valuation

1st Source has a market cap or net worth of $1.39 billion. The enterprise value is $1.72 billion.

Market Cap 1.39B
Enterprise Value 1.72B

Important Dates

The latest earnings date was Thursday, October 20, 2022, before market open.

Last Earnings Date Oct 20, 2022
Ex-Dividend Date Oct 31, 2022

Share Statistics

1st Source has 24.66 million shares outstanding. The number of shares has decreased by -1.06% in one year.

Shares Outstanding 24.66M
Shares Change (YoY) -1.06%
Shares Change (QoQ) -0.14%
Owned by Insiders (%) 8.35%
Owned by Institutions (%) 74.91%
Float 15.59M

Valuation Ratios

PE Ratio 11.96
Forward PE n/a
PS Ratio 4.12
Forward PS 3.62
PB Ratio 1.68
P/FCF Ratio 7.00
PEG Ratio 2.03
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.03, with a EV/FCF ratio of 8.67.

EV / Earnings 14.66
EV / Sales 5.09
EV / EBITDA 10.03
EV / EBIT 11.30
EV / FCF 8.67

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.54
Debt / EBITDA 2.61
Debt / FCF 2.25

Financial Efficiency

Return on equity (ROE) is 13.50% and return on invested capital (ROIC) is 1.90%.

Return on Equity (ROE) 13.50%
Return on Assets (ROA) 1.50%
Return on Capital (ROIC) 1.90%
Revenue Per Employee $298,323
Profits Per Employee $103,685
Employee Count 1,130
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, 1st Source has paid $34.83 million in taxes.

Income Tax 34.83M
Effective Tax Rate 22.91%

Stock Price Statistics

The stock price has increased by +18.00% in the last 52 weeks. The beta is 0.99, so 1st Source's price volatility has been similar to the market average.

Beta (1Y) 0.99
52-Week Price Change +18.00%
50-Day Moving Average 55.58
200-Day Moving Average 48.79
Average Volume (30 Days) 46,511

Short Selling Information

The latest short interest is 189,467, so 0.77% of the outstanding shares have been sold short.

Short Interest 189,467
Short % of Shares Out 0.77%
Short % of Float 1.22%
Short Ratio (days to cover) 3.39

Income Statement

In the last 12 months, 1st Source had revenue of $337.11 million and earned 117.16 million in profits. Earnings per share was $4.70.

Revenue 337.11M
Gross Profit 337.11M
Operating Income 152.04M
Pretax Income 151.99M
Net Income 117.16M
EBITDA 171.23M
EBIT 151.99M
Earnings Per Share (EPS) $4.70
Full Income Statement

Balance Sheet

The company has $117.60 million in cash and $446.81 million in debt, giving a net cash position of -$329.21 million or -$13.35 per share.

Cash & Cash Equivalents 117.60M
Total Debt 446.81M
Net Cash -329.21M
Net Cash Per Share -$13.35
Book Value 826.06M
Book Value Per Share 33.50
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $193.43 million and capital expenditures $4.73 million, giving a free cash flow of $198.16 million.

Operating Cash Flow 193.43M
Capital Expenditures 4.73M
Free Cash Flow 198.16M
FCF Per Share $8.04
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 45.10% and 34.76%.

Gross Margin 100.00%
Operating Margin 45.10%
Pretax Margin 45.09%
Profit Margin 34.76%
EBITDA Margin 50.80%
EBIT Margin 45.09%
FCF Margin 58.78%

Dividends & Yields

This stock pays an annual dividend of $1.26, which amounts to a dividend yield of 2.24%.

Dividend Per Share $1.26
Dividend Yield 2.24%
Earnings Yield 8.44%
FCF Yield 14.28%
Dividend Growth (YoY) 3.23%
Payout Ratio 26.50%
Buyback Yield 1.06%
Shareholder Yield 3.30%
Dividend Details

Analyst Forecast

The average price target for 1st Source is $57.12, which is 1.66% higher than the current price. The consensus rating is "Buy".

Price Target $57.12
Price Target Difference 1.66%
Analyst Consensus Buy
Analyst Count 9
Stock Forecasts

Stock Splits

The last stock split was on August 3, 2006. It was a forward split with a ratio of 11:10.

Last Split Date Aug 3, 2006
Split Type Forward
Split Ratio 11:10