1st Source Corporation (SRCE)

In the past six months, 1st Source Corp. experienced a share price increase to $66.16 as of December 16, 2025. Analyst ratings varied, with Weiss Ratings reaffirming a "buy" rating, Zacks Research cutting its rating to "hold", and DA Davidson raising its price objective to $69.00 with a "neutral" rating. Shares of SRCE crossed below its 200-day moving average on January 6, 2026. The company announced a quarterly dividend increase to $0.40 and reported record third-quarter results. Executive changes included John Griffith's retirement and the promotion of John Bedient and Dan Lifferth. Insider selling activity was noted with John Griffith selling 1,900 shares.

There is no explicit information available regarding demand seasonality for 1st Source Corp.'s products and services. Demand might be influenced by general economic cycles, interest rate fluctuations, and regional business activity rather than distinct seasonal patterns.

1st Source Corporation is a financial services company and bank holding company for 1st Source Bank, operating in the Financial Services sector, specifically within the Banks - Regional industry. It provides commercial and consumer banking services, trust and wealth advisory services, and insurance products. Its offerings include checking and savings accounts, CDs, IRAs, online and mobile banking, consumer loans, real estate mortgage loans, HELOCs, financial planning, and various commercial loans. Additionally, it offers specialized financing and leasing products and provides corporate and personal insurance products through 1st Source Insurance, Inc.

Headquartered in South Bend, Indiana, 1st Source Corporation primarily serves clients in northern Indiana and southwestern Michigan through its network of banking centers. The company also has a presence in Sarasota County, Florida, with banking centers. Its Specialty Finance Group extends its reach nationwide, offering financing services for various equipment and vehicles across the United States.

In the past year, 1st Source Corp. has maintained a reputation for steady growth, conservative underwriting, and efficient cost control, leading to strong credit quality. Analysts generally hold a "Hold" consensus rating for the stock. The company's long history of community banking and its emphasis on personalized service and local decision-making contribute to its established brand. The company's consistent dividend increases for 38 years also reflect positively on its stability and management.

1st Source Corporation has significant institutional ownership, with 438 institutional owners holding between 52.6% and 74.45% of the stock. Major institutional shareholders include 1st Source Bank, BlackRock, Inc., Dimensional Fund Advisors LP, Vanguard Group Inc, Charles Schwab Investment Management Inc, State Street Corp, Geode Capital Management, LLC, and Alliancebernstein L.P. Individual insiders hold a substantial portion of the company's stock, ranging from 26.3% to 43.99%. Christopher J. Murphy III is the largest individual shareholder, owning 22.79% of the company.