1st Source Corporation (SRCE)

Over the past six months, 1st Source Corp. stock has experienced fluctuations, including a 30.26% increase between April 2025 and April 2026. The stock price fell below its 50-day and 15-day moving averages in March 2026 but rose above them shortly after. The stock hit a new 52-week high in April 2026. The company reported record annual earnings and declared a cash dividend in January 2026, and record third-quarter results with an increased cash dividend in October 2025. Analyst ratings were upgraded, and target prices were raised by DA Davidson and Piper Sandler. An executive succession plan was announced in July 2025, with senior leadership promotions in November 2025 and John Griffith's retirement in December 2025.

The provided information does not explicitly detail the demand seasonality for 1st Source Corp.'s products and services. Specific seasonal fluctuations in demand are not outlined in the available data.

1st Source Corporation is a financial services company operating as a bank holding company. Its main subsidiary, 1st Source Bank, offers financial products and services, including commercial and consumer banking, specialized financing, trust and wealth advisory services, and insurance products.

Headquartered in South Bend, Indiana, 1st Source Corporation primarily serves northern Indiana and southwest Michigan, operating 79 banking centers. Its Specialty Finance Group has 18 locations nationwide, along with nine Wealth Advisory Services locations and ten 1st Source Insurance offices.

1st Source Corporation has maintained a strong brand reputation, with 1st Source Bank being named to Forbes' America's Best Banks list for the third consecutive year. U.S. News & World Report named 1st Source Bank a "Best Company to Work For in the Midwest" in July 2024, and it made the KBW Bank Honor Roll for the sixth consecutive year in May 2024.

1st Source Corporation has significant institutional ownership, with 203 institutional owners holding 72.42% of the company. Major institutional owners include 1st Source Bank, BlackRock, Inc., and Vanguard Group Inc. Christopher J. Murphy III is the largest individual shareholder, owning 22.91% of the company, and Carmen C. Murphy owns 11.36% of the company.