Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
SRCE
STRONG BUYFLAG1st Source Corporation · Financial Services · United States · $2.1B · Avg Vol: $14M/d
1st Source has quality Q67 and momentum M68 with a buyback retiring 1.44% of shares, but value at V40 is below the calibrated floor, so stage one fails.
COMPANY DESCRIPTION
1st Source Corporation is a diversified financial services company, operating primarily through its subsidiary 1st Source Bank, which offers commercial and consumer banking, wealth management, and specialty finance services. The company's strength lies in its niche market focus, particularly in financing for classic cars, heavy equipment, and aircraft, alongside its robust community banking presence in Indiana and Michigan. This blend of specialized lending and traditional banking services provides a strong competitive position with diversified revenue streams.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 354.7M | 369.3M | 387.1M | 433.8M | 6.9% | 426.3M | 458.7M | 473.0M | 4.4% |
| EPS | 4.84 | 5.03 | 5.36 | 6.41 | 9.8% | 6.52 | 6.47 | 6.68 | 2.1% |
| Shares | 24.7M | 24.4M | 24.5M | 24.4M | -1.2% | 24.1M | — | — | — |
| Debt | 161.5M | 341.6M | 252.7M | 200.5M | 7.5% | 397.5M | — | — | — |
| Equity | 864.1M | 989.6M | 1.1B | 1.3B | 13.8% | — | — | — | — |
| Op CF | 175.5M | 187.9M | 193.9M | 223.1M | 8.3% | 210.5M | — | — | — |
| Inv CF | -784.9M | -358.3M | -276.6M | -154.2M | — | — | — | — | — |
| Fin CF | 207.0M | 177.2M | 77.9M | -73.9M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of SRCE are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| SRCE | 1st Source Corporation(you) | $2.1B | 85 | STRONG BUY |
| OFG | OFG Bancorp | $2.2B | 87 | STRONG BUY |
| BY | Byline Bancorp, Inc. | $1.8B | 83 | STRONG BUY |
| PEBO | Peoples Bancorp Inc. | $1.4B | 84 | STRONG BUY |
| FCF | First Commonwealth Financial Corporation | $2.1B | 77 | BUY |
| GABC | German American Bancorp, Inc. | $1.8B | 79 | BUY |
| PFS | Provident Financial Services, Inc. | $3.1B | 86 | STRONG BUY |
| CTBI | Community Trust Bancorp, Inc. | $1.4B | 86 | STRONG BUY |
| FMBH | First Mid Bancshares, Inc. | $1.4B | 83 | STRONG BUY |
| BHRB | Burke & Herbert Financial Services Corp. | $1.4B | 82 | STRONG BUY |
Peer medians: ROE 9.4% · P/E 13.9x · Gross margin 100.0%