1st Source Corp
Research 1st Source Corp (SRCE) on Bullrun: valuation model: 5.0% overvalued, market cap USD 2.07B, P/E 12.2, dividend yield 1.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSRCE
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal5.0% overvalued
- Market capUSD 2.07B
- P/E12.2
- Dividend yield1.9%
- Financial periodQ2 2026
- RevenueUSD 118.16M
- Net incomeUSD 47.54M
- Free cash flowUSD 49.40M
Valuation Snapshot
Bullrun's latest valuation model marks 1st Source Corp as 5.0% overvalued; latest market cap is USD 2.07B; P/E is 12.2; dividend yield is 1.9%.
Peer valuation comparison
Latest P/E is 12.23x versus a Financial Services sector median of 13.84x (11.6% below).
Latest dividend yield is 1.94% versus a Financial Services sector median of 3.86% (49.7% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 433.78M | USD 158.26M | USD 213.04M | n/a | 6.41 | USD 119.86M | USD 238.62M | USD 1.27B |
| FY2024 | USD 387.12M | USD 132.62M | USD 181.49M | n/a | 5.36 | USD 124.83M | USD 249.20M | USD 1.11B |
| FY2023 | n/a | USD 124.93M | USD 181.96M | n/a | 5.03 | USD 129.67M | USD 312.36M | USD 989.57M |
| FY2022 | n/a | USD 120.53M | USD 173.15M | n/a | 4.84 | USD 122.80M | USD 215.53M | USD 864.07M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 2.07B | 12.2 | 2.0% | 1.68 |
| 2025 | 2025-12-31 | USD 1.52B | 9.7 | 2.4% | 1.52 |
| 2024 | 2024-12-31 | USD 1.43B | 10.8 | 2.4% | 1.4 |
| 2023 | 2023-12-29 | USD 1.34B | 10.7 | 2.4% | 1.3 |
| 2022 | 2022-12-30 | USD 1.31B | 11.2 | 2.4% | 1.26 |
| 2021 | 2021-12-31 | USD 1.23B | 10.5 | 2.4% | 1.21 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.68 USD, yield 1.9%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.52 USD |
| FY2024 | 1.4 USD |
| FY2023 | 1.3 USD |
| FY2022 | 1.26 USD |
About 1st Source Corp
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients in the United States. The company's consumer banking services, which include checking and savings accounts; certificates of deposit; health savings and individual retirement accounts; online and mobile banking products;
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Frequently asked questions
Is 1st Source Corp overvalued or undervalued?
Bullrun's valuation model currently marks 1st Source Corp as 5.0% overvalued.
What is 1st Source Corp's market cap?
1st Source Corp's market capitalization is USD 2.07B.
What is 1st Source Corp's P/E ratio?
1st Source Corp's price-to-earnings (P/E) ratio is 12.2.
Does 1st Source Corp pay a dividend?
1st Source Corp has a dividend yield of 1.9%.
What does 1st Source Corp do?
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients in the United States.