Stock events for 1st Source Corp. (SRCE)
In the past six months, 1st Source Corp. stock reached a 52-week high of $68.44 on January 22, 2026. Analyst ratings have been a consensus "Hold" with price targets adjusted by several firms. The company reported strong quarterly earnings, with Q3 2025 EPS at $1.71 and Q4 2025 EPS at $1.67, both exceeding estimates. In January 2026, they reported record net income and increased the quarterly dividend to $0.40 per share. An insider transaction occurred in December 2025, with VP John B. Griffith selling 1,900 shares.
Demand Seasonality affecting 1st Source Corp.’s stock price
The banking sector generally experiences seasonal trends with lower loan demand in January and February, increasing in March, and peaking in August or September. 1st Source Corp.'s revenue growth suggests stable demand, potentially due to effective management or less susceptibility to seasonal fluctuations. Financial institutions also experience surges in customer needs around tax deadlines, holiday shopping, and end-of-quarter closings.
Overview of 1st Source Corp.’s business
1st Source Corp. is a financial services company based in South Bend, Indiana, operating as a bank holding company for 1st Source Bank. The company offers a range of financial products and services, including commercial and consumer banking, wealth management, and insurance. It operates within the Financials sector and Banking Services industry, specifically under Major Banks.
SRCE’s Geographic footprint
1st Source Corp. serves northern Indiana and southwestern Michigan through community bank offices, with banking centers in Sarasota County, Florida. Its Specialty Finance Group operates nationwide, along with Wealth Advisory Services and Insurance offices.
SRCE Corporate Image Assessment
1st Source Corp. has maintained a positive brand reputation, receiving accolades such as "Best Companies to Work For - Midwest" from U.S. News & World Report and being named to Forbes' list of America's Best Midsize Employers for the fourth time. Forbes also included 1st Source Bank on its America's Best Banks List, ranking it 26th out of 100. There were also executive changes, including the retirement of John Griffith and the promotions of John Bedient and Dan Lifferth.
Ownership
1st Source Corp. has significant institutional ownership, with 431 institutional owners holding 20,832,355 shares as of January 23, 2026. Major institutional owners include 1st Source Bank, BlackRock, Inc., Dimensional Fund Advisors Lp, Vanguard Group Inc, Charles Schwab Investment Management Inc, and State Street Corp. Company insiders own approximately 19.6% of the stock.
Ask Our Expert AI Analyst
Price Chart
$67.01