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1st Source Corp  (NASDAQ: SRCE)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

1st Source Corp

SRCE's Financial Statements and Analysis



1st Source Corp reported in the first quarter of 2025 net earnings per share of $1.52 an increase by 27.73 % year on year from $1.19 and an improvement of 23.31 % from $1.23 realized in IV. Quarter (Dec 31 2024).


first quarter of 2025
Earnings Per Share Revenues
$ 1.52 $  101 Mill
$+0.33     +27.73 % $+13M     +15.2 %



1st Source's Revenue rose by 15.2 % in first quarter of 2025 (Mar 31 2025) year on year, to $101 million and advanced by 5.92 % sequentially.


1st Source is

More on SRCE's Income Statement



1st Source 's net income of $37.523 million in the first quarter of 2025 increased by 27.36 % from net earnings of $29.462 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 19.36 % from net income of $31.437 million realized in previous quarter.

More on SRCE's Growth

1st Source Inventories
SRCE's Cash flow In the first quarter of 2025 company's net cash flow was $98 million, capital expenditures fell by -0.575336.87%, to $-3 millions compare to same quarter a year ago

More on SRCE's Cash flow Statement


1st Source Corp payed out dividend of $1.46 per share in last 52 weeks representing 25.84 % of net earning per share in trailing twelve-month period.

During the same period 1st Source Corp earned $ 9.11 cash per share, on a free-cash flow basis 161.29 % of net earning per share.

Book value grew by 4.13 % sequentially to $49.72 per share, 97.38% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 45.90 per share from $ 44.36.

Company repurchased 0.20 million shares or 0.79 % in Mar 31 2025.
Interest Coverage Ratio was 2. Debt Coverage Ratio was 1.45.

More on SRCE's Dividends

 Market Capitalization (Millions) 1,464
 Shares Outstanding (Millions) 25
 Total Debt (Millions $) 120
 Revenue (TTM) (Millions $) 388
 Net Income (TTM) (Millions $) 141
 Cash Flow (TTM) (Millions $) 142
 Capital Exp. (TTM) (Millions $) -14
 Dividend TTM ($) 1.46 $
 Dividend Yield TTM (%) 2.48 %
 Employees (TTM) $ 1,170




1st Source Corp payed out dividend of $1.46 per share in the last 52 weeks representing 25.84 % of net earning per share in trailing twelve-month period.

During the same period 1st Source Corp had $ 9.11 cash flow per share, on a free-cash flow basis 161.29 % of net earning per share.

Book value grew by 4.13 % sequentially to $49.72 per share, 97.38% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 45.90 per share from $ 44.36.

Company repurchased 0.20 million shares or 0.79 % in Mar 31 2025.
Interest Coverage Ratio was 2. Debt Coverage Ratio was 1.45.

More on SRCE's Balance Sheets

 Market Capitalization (Millions) 1,464
 Shares Outstanding (Millions) 25
 Total Debt (Millions $) 120
 Revenue (TTM) (Millions $) 388
 Net Income (TTM) (Millions $) 141
 Cash Flow (TTM) (Millions $) 142
 Capital Exp. (TTM) (Millions $) -14
 Dividend TTM ($) 1.46 $
 Dividend Yield TTM (%) 2.48 %
 Employees (TTM) $ 1,170
   


  News about 1st Source Corp Earnings

1st Source Corp Reports Significant Surge in Revenue and Profits for Recent Fiscal Period

1st Source Corporation: Recent Performance and Strategic Outlook1st Source Corporation (NASDAQ: SRCE) has exhibited a modest yet positive trajectory in its financial performance in the most recent fiscal period. The company's reported revenue rose by 2.148% to approximately $94.83 million compared to the same quarter last year. This increase, though modest, serves as a tangible indicator of 1st Source's resilience in a competitive financial landscape. As the company continues to navigate the challenges of the macroeconomic environment, its strategic decisions and operational efficiencies are becoming more pronounced. Year-Over-Year Revenue and Profit AnalysisIn reviewing 1st Source?s financial performance, ...

1st Source Corp Sees Strong Growth: EPS and Revenue Surge During Q2 2024

SRCE Shows Resilience and Growth in Challenging Market Conditions: A Bullish Outlook
In an era where many regional banks are struggling to maintain their top-line growth, 1st Source Corporation (SRCE) has emerged as a shining example of resilience and robust performance, showcasing impressive results that not only defy the industry trend but also signal a bullish outlook for investors.
For the most recent fiscal period, 1st Source Corp reported revenues of $97.22 million, a 6.55% increase from $91.24 million in the same quarter last year. This performance is particularly striking when considering that the average revenue across the Regional Banks sector has dipped by 0.78%. Such a stark contrast high...

1st Source Corporation Shows Resilience and Potential for Growth Despite Disappointing First Quarter Numbers

1st Source Corporation (SRCE) may have announced di...

1st Source Corporation Reports 0.114% Revenue Growth in Q4 of 2023 Despite Decline in Income

1st Source Corp Reports Decline in Income but Outperforms Industry Peers
February 28, 2024
1st Source Corporation, a leading regional bank, recently released its financial results for the fourth quarter of 2023, indicating a decline in income but showing promise compared to its industry peers. The company reported a revenue growth of 0.114%, amounting to $89.50 million, however, this was not able to prevent a decline in income of -7.82% compared to the same period last year.
The regional bank bucked the trend of its industry peers, as virtually all other companies in the regional banks sector reported a decline in business over the same period. In comparison to the previous reporting period, 1st ...

1st Source Corp Experiences Modest Revenue Surge Year-over-Year, but Lags Behind Regional Bank Sector

Financial news report:
1st Source Corp Reports Unchanged Net Profit per Share for Q3 2023
1st Source Corp, a regional bank company, has released its financial results for the third quarter of 2023 earnings season. The company reported a net profit per share of $1.32, which remained unchanged compared to the previous year. However, it did show a slight improvement of 1.54% from the previous financial reporting period's net profit per share of $1.30.
Revenue Growth and Comparison
The company witnessed a significant growth in its revenue, with a 5.763% increase to $92.83 million compared to $87.77 million in the same period last year. Sequentially, the revenue increased by 1.747% from $91.24 mil...

1st Source Corp Dazzles with Robust Performance: Second Quarter Earnings Skyrocket in 2023!

1st Source Corp, a financial services company, recently reported its financial results for the second quarter of 2023. T...


Date modified: 2025-04-26T13:20:50+00:00





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