1st Source (SRCE) Tops Q2 Earnings and Revenue Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
0mins
Source: NASDAQ.COM
Earnings Performance: 1st Source Corporation reported quarterly earnings of $1.51 per share, exceeding estimates and showing a year-over-year increase. The company also surpassed revenue expectations with $108.25 million for the quarter.
Future Outlook: The stock holds a Zacks Rank #2 (Buy) indicating expected outperformance in the near future, while investors are advised to monitor earnings estimate revisions and industry trends that could impact performance.
Analyst Views on SRCE
Wall Street analysts forecast SRCE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SRCE is 69.00 USD with a low forecast of 65.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 65.370
Low
65.00
Averages
69.00
High
75.00
Current: 65.370
Low
65.00
Averages
69.00
High
75.00
About SRCE
1st Source Corporation is a bank holding company. The Company, through its subsidiaries, offers a range of financial products and services. Its banking subsidiary, 1st Source Bank (the Bank), offers commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients through its 77 banking center locations in 18 counties in Indiana and Michigan and Sarasota County in Florida. The Bank offers specialized financing services for construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types for fleet purposes. It also offers a range of trust, investment, agency, and custodial services for individual, estate and trust, corporate, and not-for-profit clients. Its insurance agency subsidiary, 1st Source Insurance, Inc., offers property and casualty, individual and group health, and life insurance for individuals and businesses. It also owns and manages certain available-for-sale investment securities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
