1st Source Corporation (SRCE)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 330 | 337 | 355 | 369 | 387 | 434 | 453 | - |
| Operating profit | $m | 205 | 221 | ||||||
| Net profit | $m | 81 | 119 | 121 | 125 | 133 | 158 | 171 | 175 |
| EPS reported | $ | 6.46 | 6.98 | ||||||
| Operating cashflow per share | $ | 9.15 | 8.95 | ||||||
| Capex per share | $ | 0.41 | 0.10 | ||||||
| FCF per share | $ | 8.73 | 9.05 | ||||||
| Free cash flow | $m | 213 | 219 | ||||||
| Net debt | $m | -1,251 | -1,301 | ||||||
| Book value equity | $m | 1,275 | 1,310 | ||||||
| Book value per share | $ | 52.27 | 54.21 | ||||||
| Number of shares | m | 24.39 | 24.17 | ||||||
| DPS (TTM paid) | $ | 1.52 | 1.68 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 9.67 | 12.33 | ||||||
| P/B LTM | x | 1.20 | 1.16 | ||||||
| P/S LTM | x | 3.51 | 3.37 | ||||||
| P/FCF LTM | x | 7.15 | 6.97 | ||||||
| EV/EBITDA LTM | x | 8.39 | 7.88 | ||||||
| EV/Sales LTM | x | 2.99 | 3.39 | ||||||
| Earnings Yield LTM | % | +10.34% | +8.11% | ||||||
| FCF Yield | % | +13.98% | +14.35% | ||||||
| Quality | |||||||||
| ROE | % | +12.41% | +13.41% | ||||||
| ROIC | % | +8.60% | +1.84% | ||||||
| Operating margin | % | +34.18% | +36.39% | ||||||
| Gross margin | % | +70.32% | +72.81% | ||||||
| FCF/Sales | % | +35.51% | +35.94% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +20.52% | +30.22% | ||||||
| Sales Growth YoY | % | +12.05% | +16.96% | ||||||
| Net Income Growth YoY | % | +19.34% | +28.88% | ||||||
| FCF Growth | % | +17.38% | +20.53% | ||||||
| Operating Profit Growth | % | +19.89% | +29.46% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +2.52% | +1.90% | ||||||
| Dividend Growth | % | +8.57% | +20.00% | ||||||
| Payout Ratio | % | +24.39% | +23.85% | ||||||
| FCF/Debt | x | 0.63 | 0.74 | ||||||
| Net Debt/EBITDA | x | 1.27 | -0.30 | ||||||
| EBIT/Net interest | x | 1.23 | 1.42 | ||||||
| Net debt/market cap | % | +22.35% | +13.80% | ||||||
| Net debt/Equity | x | -0.98 | -0.99 | ||||||
| Gross debt/equity | x | 0.27 | 0.22 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
As the parent company of 1st Source Bank, 1st Source Corporation delivers a comprehensive suite of financial solutions, encompassing commercial and retail banking, wealth management, and insurance offerings, to both individual and corporate customers. For individual clients, the bank provides essential services such as checking, savings, certificates of deposit, and individual retirement accounts, complemented by digital conveniences like online and mobile banking. Various lending options are available, including personal loans, home mortgages, and home equity lines of credit, along with financial planning, literacy programs, consultative support, and debit and credit card facilities. Businesses benefit from a range of financial products, including commercial, small business, agricultural, and real estate loans, which support diverse corporate needs from acquiring properties and equipment to financing accounts receivables and renewable energy projects. Additionally, the corporation provides commercial leasing, sophisticated treasury management, and retirement planning solutions. Through its wealth advisory segment, the company delivers trust, investment, agency, and custodial services, encompassing the administration of estates and personal trusts, along with the professional management of investment portfolios for individuals, employee benefit plans, and charitable organizations. A specialized focus includes financing and leasing a wide variety of equipment, such as construction machinery, new and used aircraft, various truck types (light, medium, heavy-duty, step vans, vocational work trucks), motor coaches, shuttle buses, funeral vehicles, and automobiles, among other specialized equipment. The company also offers a full spectrum of insurance solutions, spanning corporate and personal property, casualty coverage, and individual or group health and life policies. As of December 31, 2021, 1st Source Corporation maintained 79 banking branches across 18 counties in Indiana and Michigan, alongside a presence in Sarasota County, Florida. Established in 1863, its corporate headquarters are located in South Bend, Indiana.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
1st Source Corporation (SRCE)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
As the parent company of 1st Source Bank, 1st Source Corporation delivers a comprehensive suite of financial solutions, encompassing commercial and retail banking, wealth management, and insurance offerings, to both individual and corporate customers. For individual clients, the bank provides essential services such as checking, savings, certificates of deposit, and individual retirement accounts, complemented by digital conveniences like online and mobile banking. Various lending options are available, including personal loans, home mortgages, and home equity lines of credit, along with financial planning, literacy programs, consultative support, and debit and credit card facilities. Businesses benefit from a range of financial products, including commercial, small business, agricultural, and real estate loans, which support diverse corporate needs from acquiring properties and equipment to financing accounts receivables and renewable energy projects. Additionally, the corporation provides commercial leasing, sophisticated treasury management, and retirement planning solutions. Through its wealth advisory segment, the company delivers trust, investment, agency, and custodial services, encompassing the administration of estates and personal trusts, along with the professional management of investment portfolios for individuals, employee benefit plans, and charitable organizations. A specialized focus includes financing and leasing a wide variety of equipment, such as construction machinery, new and used aircraft, various truck types (light, medium, heavy-duty, step vans, vocational work trucks), motor coaches, shuttle buses, funeral vehicles, and automobiles, among other specialized equipment. The company also offers a full spectrum of insurance solutions, spanning corporate and personal property, casualty coverage, and individual or group health and life policies. As of December 31, 2021, 1st Source Corporation maintained 79 banking branches across 18 counties in Indiana and Michigan, alongside a presence in Sarasota County, Florida. Established in 1863, its corporate headquarters are located in South Bend, Indiana.
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