SRCE RSI Chart
Last 7 days
6.5%
Last 30 days
1.7%
Last 90 days
-5.0%
Trailing 12 Months
22.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 438.9M | 0 | 0 | 0 |
2023 | 326.2M | 358.7M | 389.6M | 416.9M |
2022 | 254.5M | 260.8M | 270.5M | 293.8M |
2021 | 257.6M | 255.6M | 259.4M | 254.8M |
2020 | 281.5M | 273.8M | 264.0M | 263.0M |
2019 | 267.1M | 274.9M | 281.9M | 282.9M |
2018 | 222.3M | 233.7M | 245.0M | 257.3M |
2017 | 194.3M | 198.8M | 204.9M | 212.4M |
2016 | 187.9M | 189.6M | 191.1M | 191.8M |
2015 | 178.8M | 180.2M | 181.9M | 184.7M |
2014 | 179.1M | 179.3M | 177.5M | 178.6M |
2013 | 180.7M | 179.5M | 180.9M | 179.6M |
2012 | 185.6M | 183.5M | 182.5M | 182.1M |
2011 | 198.4M | 196.2M | 192.6M | 187.5M |
2010 | 0 | 200.5M | 200.6M | 200.6M |
2009 | 0 | 0 | 0 | 200.4M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 05, 2024 | buhr jeffrey l | sold | -39,210 | 51.5245 | -761 | executive vice president |
Feb 20, 2024 | bauer brett a. | acquired | - | - | 1,371 | treasurer and cfo |
Feb 20, 2024 | short andrea g | acquired | - | - | 2,873 | executive vice president |
Feb 20, 2024 | griffith john b | acquired | - | - | 2,025 | exec vp / secy 1st source bank |
Feb 20, 2024 | buhr jeffrey l | acquired | - | - | 2,259 | executive vice president |
Feb 01, 2024 | graham tracy d | acquired | 8,475 | 54.68 | 155 | - |
Feb 01, 2024 | schurz todd f. | acquired | 10,990 | 54.68 | 201 | - |
Feb 01, 2024 | affleck-graves john f | acquired | 13,451 | 54.68 | 246 | - |
Feb 01, 2024 | torres isaac p. | acquired | 15,966 | 54.68 | 292 | - |
Feb 01, 2024 | schwabero mark d | acquired | 10,990 | 54.68 | 201 | - |
Which funds bought or sold SRCE recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 24, 2024 | Spire Wealth Management | unchanged | - | -10.00 | 681 | -% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -60.5 | -50,000 | 31,000 | -% |
Apr 23, 2024 | Values First Advisors, Inc. | reduced | -1.28 | -137,506 | 2,223,520 | 1.30% |
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | reduced | -3.23 | -22,214 | 266,776 | -% |
Apr 22, 2024 | Harbour Trust & Investment Management Co | unchanged | - | -10,016 | 207,531 | 0.03% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 108,127 | 462,020 | -% |
Apr 22, 2024 | Boston Trust Walden Corp | reduced | -0.59 | -1,247,390 | 22,890,600 | 0.16% |
Apr 19, 2024 | DENALI ADVISORS LLC | added | 30.95 | 747,760 | 3,748,030 | 1.10% |
Apr 19, 2024 | Valeo Financial Advisors, LLC | added | 4.01 | -3,104 | 396,767 | 0.01% |
Apr 19, 2024 | KFG WEALTH MANAGEMENT, LLC | added | 0.1 | -15,307 | 323,954 | 0.13% |
Unveiling 1st Source Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to 1st Source Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 556.9B | 171.1B | 11.24 | 3.25 | ||||
BAC | 298.3B | 130.3B | 11.25 | 2.29 | ||||
WFC | 214.2B | 85.7B | 11.19 | 2.5 | ||||
C | 118.1B | 133.3B | 12.8 | 0.89 | ||||
CFG | 16.1B | 10.2B | 9.98 | 1.57 | ||||
KEY | 13.6B | 7.9B | 14.11 | 1.72 | ||||
MID-CAP | ||||||||
CMA | 6.9B | 4.2B | 7.84 | 1.65 | ||||
ZION | 6.1B | 3.9B | 8.99 | 1.55 | ||||
ABCB | 3.3B | 1.3B | 12.18 | 2.56 | ||||
ASB | 3.2B | 2.0B | 17.64 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 405.4M | 164.9M | 34.66 | 2.46 | ||||
AROW | 375.4M | 162.6M | 12.48 | 2.31 | ||||
ACNB | 283.5M | 96.6M | 8.95 | 2.93 | ||||
ASRV | 48.0M | 60.9M | -14.35 | 0.79 |
1st Source Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 1.7% | 116 | 115 | 107 | 101 | 94.00 | 87.00 | 76.00 | 68.00 | 62.00 | 64.00 | 67.00 | 62.00 | 62.00 | 69.00 | 63.00 | 64.00 | 68.00 | 70.00 | 73.00 | 72.00 | 69.00 |
EBITDA Margin | -5.1% | 1.00* | 1.06* | 1.14* | 1.24* | 1.33* | 1.43* | 1.49* | 1.52* | 1.54* | 1.54* | 1.51* | 1.44* | 1.36* | 1.26* | 1.21* | 1.20* | - | - | - | - | - |
Interest Expenses | 0.8% | 72.00 | 71.00 | 69.00 | 69.00 | 70.00 | 71.00 | 69.00 | 63.00 | 60.00 | 60.00 | 62.00 | 57.00 | 57.00 | 62.00 | 55.00 | 54.00 | 55.00 | 55.00 | 57.00 | 56.00 | 55.00 |
Income Taxes | 4.0% | 8.00 | 8.00 | 10.00 | 10.00 | 9.00 | 10.00 | 10.00 | 9.00 | 8.00 | 9.00 | 10.00 | 9.00 | 9.00 | 8.00 | 7.00 | 6.00 | 5.00 | 7.00 | 8.00 | 7.00 | 7.00 |
Earnings Before Taxes | 3.7% | 38.00 | 37.00 | 43.00 | 42.00 | 40.00 | 41.00 | 42.00 | 38.00 | 35.00 | 36.00 | 42.00 | 40.00 | 37.00 | 34.00 | 27.00 | 24.00 | 22.00 | 29.00 | 32.00 | 30.00 | 29.00 |
EBT Margin | -6.5% | 0.36* | 0.39* | 0.43* | 0.46* | 0.50* | 0.53* | 0.56* | 0.58* | 0.60* | 0.61* | 0.59* | 0.54* | 0.47* | 0.40* | 0.38* | 0.39* | - | - | - | - | - |
Net Income | 3.7% | 29.00 | 28.00 | 33.00 | 32.00 | 31.00 | 31.00 | 33.00 | 29.00 | 27.00 | 28.00 | 32.00 | 30.00 | 28.00 | 26.00 | 20.00 | 19.00 | 16.00 | 22.00 | 24.00 | 23.00 | 22.00 |
Net Income Margin | -6.3% | 0.28* | 0.30* | 0.33* | 0.36* | 0.38* | 0.41* | 0.43* | 0.45* | 0.46* | 0.47* | 0.45* | 0.41* | 0.36* | 0.31* | 0.29* | 0.30* | - | - | - | - | - |
Free Cashflow | 1.5% | 41.00 | 41.00 | 51.00 | 44.00 | 46.00 | 43.00 | 44.00 | 45.00 | 42.00 | 60.00 | 18.00 | 43.00 | 42.00 | 57.00 | 53.00 | 11.00 | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.7% | 8,668 | 8,728 | 8,525 | 8,415 | 8,330 | 8,339 | 8,097 | 8,029 | 8,012 | 8,096 | 7,964 | 7,719 | 7,512 | 7,316 | 7,291 | 7,365 | 6,735 | 6,623 | 6,691 | 6,650 | 6,379 |
Cash Equivalents | -37.6% | 81.00 | 130 | 111 | 113 | 94.00 | 123 | 118 | 282 | 417 | 525 | 637 | 469 | 336 | 243 | 154 | 180 | 122 | 83.00 | 127 | 96.00 | 68.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | 48.00 | 49.00 | 50.00 | 51.00 | 52.00 | 52.00 | 52.00 | 52.00 | 51.00 |
Liabilities | -1.0% | 7,586 | 7,660 | 7,542 | 7,435 | 7,361 | 7,416 | 7,211 | 7,119 | 7,093 | 7,127 | 7,008 | 6,773 | 6,576 | 6,386 | 6,376 | 6,463 | 5,858 | 5,774 | 5,858 | 5,845 | 5,598 |
Short Term Borrowings | -20.1% | 250 | 312 | 272 | 188 | 303 | 216 | 340 | 168 | 199 | 200 | 216 | 172 | 181 | 151 | 166 | 177 | 283 | 146 | 197 | 186 | 255 |
Shareholder's Equity | 9.3% | 1,082 | 990 | 924 | 980 | 968 | 864 | 886 | 911 | 919 | 969 | 956 | 945 | 936 | 931 | 915 | 902 | 877 | 849 | 833 | 805 | 781 |
Retained Earnings | 2.9% | 812 | 790 | 770 | 744 | 719 | 695 | 672 | 647 | 625 | 604 | 584 | 559 | 536 | 514 | 497 | 484 | 473 | 463 | 449 | 431 | 414 |
Shares Outstanding | - | 24.00 | - | 25.00 | 25.00 | 25.00 | - | 25.00 | 25.00 | 25.00 | - | 25.00 | 25.00 | 25.00 | - | 26.00 | 26.00 | 26.00 | - | - | - | - |
Minority Interest | -8.9% | 72.00 | 79.00 | 59.00 | 59.00 | 59.00 | 60.00 | 60.00 | 54.00 | 55.00 | 53.00 | 45.00 | 44.00 | 44.00 | 44.00 | 37.00 | 37.00 | 26.00 | 20.00 | 20.00 | 10.00 | 3.00 |
Float | - | - | - | - | 805 | - | - | - | 871 | - | - | - | 907 | - | - | - | 695 | - | - | - | 921 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -5.0% | 41,960 | 44,150 | 52,159 | 44,774 | 46,853 | 43,787 | 44,790 | 45,150 | 41,803 | 61,687 | 18,518 | 44,067 | 42,489 | 57,481 | 52,655 | 11,052 | 33,305 | 51,520 | 44,276 | 33,413 | 35,397 |
Share Based Compensation | -11.7% | 1,310 | 1,483 | 1,168 | 1,119 | 1,121 | 1,077 | 891 | 887 | 732 | 1,252 | 1,236 | 841 | 885 | 916 | 858 | 783 | 736 | 696 | 728 | 668 | 673 |
Cashflow From Investing | 84.0% | -23,690 | -148,278 | -109,968 | -75,771 | -24,269 | -210,176 | -255,324 | -187,249 | -132,123 | -301,661 | -53,850 | -93,810 | -149,238 | 4,543 | 36,519 | -567,302 | -56,418 | -2,692 | -13,145 | -208,451 | -109,629 |
Cashflow From Financing | -154.6% | -67,024 | 122,661 | 56,269 | 49,635 | -51,344 | 171,582 | 46,375 | 6,970 | -17,975 | 127,879 | 203,167 | 183,236 | 199,656 | 26,807 | -115,194 | 614,187 | 62,047 | -92,948 | -134 | 203,845 | 42,834 |
Dividend Payments | 0.0% | 8,592 | 8,590 | 8,171 | 8,176 | 8,137 | 8,138 | 8,134 | 7,912 | 7,918 | 7,935 | 7,997 | 7,808 | 7,600 | 7,388 | 7,387 | 7,375 | 7,614 | 7,612 | 7,098 | 7,137 | 7,174 |
Buy Backs | 100.0% | - | -1.00 | 10,293 | 1,411 | 766 | - | - | 4,661 | 2,175 | 3,069 | 9,669 | 13,777 | 6,621 | 6,415 | - | - | - | - | 1,406 | 6,421 | 7,258 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest income: | |||
Loans and leases | $ 387,298 | $ 263,894 | $ 235,031 |
Investment securities, taxable | 24,501 | 26,294 | 17,767 |
Investment securities, tax-exempt | 1,445 | 1,049 | 601 |
Other | 3,663 | 2,579 | 1,373 |
Total interest income | 416,907 | 293,816 | 254,772 |
Interest expense: | |||
Deposits | 123,162 | 25,231 | 12,276 |
Short-term borrowings | 7,032 | 1,497 | 115 |
Subordinated notes | 4,174 | 3,550 | 3,267 |
Long-term debt and mandatorily redeemable securities | 3,892 | 69 | 2,476 |
Total interest expense | 138,260 | 30,347 | 18,134 |
Net interest income | 278,647 | 263,469 | 236,638 |
Provision (recovery of provision) for credit losses | 5,866 | 13,245 | (4,303) |
Net interest income after provision for credit losses | 272,781 | 250,224 | 240,941 |
Noninterest income: | |||
Mortgage banking | 3,471 | 4,122 | 11,822 |
Insurance commissions | 6,911 | 6,703 | 7,247 |
Income related to lease payments | 8,837 | 12,274 | 16,647 |
Losses on investment securities available-for-sale | (2,926) | (184) | (680) |
Other | 19,895 | 15,042 | 12,560 |
Total noninterest income | 90,623 | 91,262 | 100,092 |
Noninterest expense: | |||
Salaries and employee benefits | 115,612 | 105,110 | 105,808 |
Net occupancy | 11,090 | 10,728 | 10,524 |
Furniture and equipment | 5,653 | 5,448 | 5,977 |
Data processing | 25,055 | 22,375 | 19,877 |
Depreciation - leased equipment | 7,093 | 10,023 | 13,694 |
Professional fees | 6,705 | 7,280 | 8,676 |
FDIC and other insurance | 5,926 | 3,625 | 2,677 |
Business development and marketing | 7,157 | 5,823 | 8,013 |
Other | 17,433 | 14,287 | 10,902 |
Total noninterest expense | 201,724 | 184,699 | 186,148 |
Income before income taxes | 161,680 | 156,787 | 154,885 |
Income tax expense | 36,746 | 36,255 | 36,328 |
Net income | 124,934 | 120,532 | 118,557 |
Net (income) loss attributable to noncontrolling interests | (7) | (23) | (23) |
Net income available to common shareholders | $ 124,927 | $ 120,509 | $ 118,534 |
Basic net income per common share, in dollars per share | $ 5.03 | $ 4.84 | $ 4.70 |
Diluted net income per common share, in dollars per share | $ 5.03 | $ 4.84 | $ 4.70 |
Trust and wealth advisory | |||
Noninterest income: | |||
Trust and wealth advisory, service charges on deposit accounts, and debit card income | $ 23,706 | $ 23,107 | $ 23,782 |
Service charges on deposit accounts | |||
Noninterest income: | |||
Trust and wealth advisory, service charges on deposit accounts, and debit card income | 12,749 | 12,146 | 10,589 |
Debit card | |||
Noninterest income: | |||
Trust and wealth advisory, service charges on deposit accounts, and debit card income | $ 17,980 | $ 18,052 | $ 18,125 |