1st Source Corporation (SRCE)

Over the past six months, 1st Source Corp. experienced several notable stock events. In July 2025, the company announced an executive succession plan and reported its second-quarter results. In October 2025, the stock was upgraded to "Buy" by Zacks and broke above its 200-day moving average. The company also had an ex-dividend reminder in late October. In November 2025, 1st Source Bank announced the promotion of two senior leaders. The company reported record third-quarter results and declared an increased cash dividend in late October 2025. As of November 27, 2025, the stock has seen a 3.58% increase over the last six months.

The banking industry, including 1st Source Corp., experiences seasonal trends in demand. Loan demand is highest during spring and summer, peaking around August or September, and decreases in December, January, and February. Investment services demand increases in December and early January. Corporations may seek financing during periods of lower interest rates, historically in spring and fall.

1st Source Corporation is a bank holding company based in South Bend, Indiana, operating through 1st Source Bank. It offers financial products and services to individuals and businesses, including commercial, agricultural, and real estate loans, consumer banking products, trust and wealth advisory services, and specialized equipment loan and lease products. The company also provides insurance services.

1st Source Corporation's headquarters are in South Bend, Indiana. The company operates 79 banking centers across 18 counties in Indiana and Michigan, and has a presence in Sarasota County, Florida. Its Specialty Finance Group operates nationwide and internationally.

In the past year, 1st Source Corporation has maintained a positive brand reputation, recognized for its community engagement and customer-centric approach. Forbes has recognized 1st Source in several categories for 2025, including #2 for "Best-In-State Banks," #44 for "World's Best Banks," #26 for "America's Best Banks," and #141 for "Best Employers for Veterans."

Major institutional owners of 1st Source Corp. include 1st Source Bank, BlackRock, Inc., Dimensional Fund Advisors LP, The Vanguard Group, Inc., Charles Schwab Investment Management Inc, State Street Corp, Geode Capital Management, LLC, and AllianceBernstein L.P. Christopher J. Murphy III is the largest individual shareholder, owning 22.81% of the company's shares. Institutional shareholders own 73.28% of the company, while insiders own 57.69%.