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SRCE

1st Source Corporation

SRCE

NASDAQ·Financial Services·Banks - Regional·Mkt cap $2.0B

$82.09

-1.46%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$56.89 - $86.64

P/E

12.55

Fwd P/E

12.07

Beta

0.58

Div Yield

1.93%

Avg Vol

139.8K

Shares Out

24.3M

Mkt Cap

$2.0B

Price action

Price chart

Up 28.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • 160+ year heritage and established brand recognition in Midwest markets
  • Diversified revenue streams reducing reliance on traditional net interest margins
  • Specialized equipment financing expertise with national reach
  • Comprehensive trust and wealth management capabilities for high-net-worth clients
  • Strong regional presence with 79 banking centers providing personalized relationship banking

Bear Case

2 risks

  • Low volatility (beta 0.6).
  • Growth premium of 1.0x vs Commercial Banking peers. Reasonable for this growth rate.

Growth

Mild headwinds expected

Expansion of equipment finance and leasing portfolio across new asset classes

Value

Growth premium of 1.0x vs Commercial Banking peers. Reasonable for this growth rate.

Momentum

Strong

+17.9% over 3m

Quality

Excellent

High-growth business (35% revenue growth, 71% gross margin). Profitable with strong growth momentum.

Dividend

Modest

1.93% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 16, 2026

Q2 26 RECAP

APR 23, 2026

Reported EPS of $1.63 vs $1.64 consensus (-0.6% surprise). Revenue of $113.1M vs $112.0M expected (+1.0%).

EPS miss
Rev beat +1.0%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-0.6%

Next: Apr 16, 2026

Revenue trend · last 8Q

+11%

+11%

+13%

+13%

+21%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$97.3M

$97.9M

$97.8M

$104.0M

$108.2M

$152.8M

$150.5M

$126.1M

Margins · last 8Q

Gross

Operating

Profit

31.7%

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

1

50%

Sell

0%

Median Price Target

$88.00

+7.2% vs $82.09

Low $88.00
Median $88.00
High $88.00

Latest: Piper Sandler · $88.00 · Apr 27, 2026

1 analyst covering

vs Industry

How SRCE stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.