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1st Source Corp SRCE Stock Quote

| Rating as of

NASDAQ: SRCE

Market Closed

| Currency in USD

  • Last Close 41.57
  • Sector Financial Services
  • Industry Banks - Regional
  • Investment Style Small Value
  • Day Range 41.48  –  42.08
  • Year Range 38.77  –  59.94
  • Market Cap 1.0263 Bil
  • Volume / Avg 26,784.0 /  48,510.8
  • Price / Sales 2.77
  • Price / Book 1.11
  • Forward Div Yield 3.04%
  • Trailing Div Yield 3.08%

Morningstar‘s Stock Analysis SRCE

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

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Key Statistics SRCE

Company Profile SRCE

Business Description

1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.

Contact
100 North Michigan Street
South Bend, IN, 46601
Industry Banks - Regional
Employees 1,150

Related Articles SRCE

Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.

1st Source Corp

XNAS: SRCE

Nicolet Bankshares Inc

XNYS: NIC

Truist Financial Corp

XNYS: TFC

Atlantic Capital Bancshares Inc

XNAS: ACBI
Price
41.5767.9828.07
Currency
USDUSDUSD
Change
−$0.44 (1.05%) +$0.04 (0.06%) −$0.09 (0.32%)
Market Cap
1.03 Bil1.00 Bil37.39 Bil
Industry
Banks - Regional Banks - Regional Banks - Regional Banks - Regional
Sector
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for 1st Source Corp Stock

Yes. SRCE has a forward dividend yield of 3.08%. See SRCE’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

SRCE’s market cap is 1.03 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

SRCE’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

SRCE’s price/sales is 2.77.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

SRCE’s price/forward earnings is 8.12.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

SRCE’s price/book is 1.11.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See SRCE’s valuation ratios compared to the Market Index.

SRCE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare SRCE’s historical performance against its industry peers and the overall market.