SRCE

1st Source Corp

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Advanced Chart

58.730

-0.11(-0.187%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

58.950

Open

58.920

VWAP

58.73

Vol

64.06K

Mkt Cap

1.27B

Low

58.405

Amount

3.76M

EV/EBITDA(TTM)

8.28

Total Shares

24.49M

1.57B

EV/OCF(TTM)

2.68

P/S(TTM)

3.85

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

105.86M

+8.02%

1.470

+4.49%

105.46M

+7.53%

1.477

+4.73%

104.67M

+7.45%

1.467

-1.57%

Estimates Revision

The market is revising No Change the revenue expectations for 1st Source Corporation (SRCE) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -6.51%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-6.51%

In Past 3 Month

3 Analyst Rating

17.49% Upside

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.

1 Buy

2 Hold

0 Sell

Moderate Buy

17.49% Upside

Current: 58.730

Low

65.00

Averages

69.00

High

75.00

17.49% Upside

Current: 58.730

Low

65.00

Averages

69.00

High

75.00

DA Davidson

upgrade

$65 -> $67

2025-07-29

Reason

DA Davidson

Price Target

$65 -> $67

2025-07-29

upgrade

Reason

DA Davidson raised the firm's price target on 1st Source to $67 from $65. Solid core net interest margin expansion was overshadowed by an uptick in non-performing assets in the quarter, the analyst tells investors in a research note.

Keefe Bruyette

Market Perform

maintain

$67 -> $69

2025-07-28

Reason

Keefe Bruyette

Price Target

$67 -> $69

2025-07-28

maintain

Market Perform

Reason

Keefe Bruyette raised the firm's price target on 1st Source to $69 from $67 and keeps a Market Perform rating on the shares.

Piper Sandler

Overweight

maintain

$75 -> $80

2025-07-28

Reason

Piper Sandler

Price Target

$75 -> $80

2025-07-28

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on 1st Source to $80 from $75 and keeps an Overweight rating on the shares following impressive Q2 results that included an 11% net interest income-driven PPNR beat. The firm continues to expect both superior operating leverage and profitability to drive forward price to earnings expansion above peers.

See All Ratings

Valuation Metrics

The current forward P/E ratio for 1st Source Corp (SRCE.O) is 10.66, compared to its 5-year average forward P/E of 11.01. For a more detailed relative valuation and DCF analysis to assess 1st Source Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

11.01

Current PE

10.66

Overvalued PE

12.20

Undervalued PE

9.82

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.37

Current PS

3.57

Overvalued PS

3.72

Undervalued PS

3.03