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Upturn AI SWOT - About
SRCE 
1st Source Corporation (SRCE)
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Upturn Advisory Summary
08/28/2025: SRCE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $72
1 Year Target Price $72
| 0 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -13.44% | Avg. Invested days 33 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.59B USD | Price to earnings Ratio 11.35 | 1Y Target Price 72 |
Price to earnings Ratio 11.35 | 1Y Target Price 72 | ||
Volume (30-day avg) 3 | Beta 0.69 | 52 Weeks Range 51.49 - 66.92 | Updated Date 08/29/2025 |
52 Weeks Range 51.49 - 66.92 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 1.11% | Basic EPS (TTM) 5.7 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 36.04% | Operating Margin (TTM) 49.29% |
Management Effectiveness
Return on Assets (TTM) 1.57% | Return on Equity (TTM) 11.9% |
Valuation
Trailing PE 11.35 | Forward PE - | Enterprise Value 1726589440 | Price to Sales(TTM) 4.05 |
Enterprise Value 1726589440 | Price to Sales(TTM) 4.05 | ||
Enterprise Value to Revenue 4.26 | Enterprise Value to EBITDA - | Shares Outstanding 24537800 | Shares Floating 17359726 |
Shares Outstanding 24537800 | Shares Floating 17359726 | ||
Percent Insiders 26.03 | Percent Institutions 74.62 |
Upturn AI SWOT
1st Source Corporation
Company Overview
History and Background
1st Source Corporation was founded in 1863 in South Bend, Indiana. Initially a trust company, it has evolved into a diversified financial services company offering a range of banking, wealth advisory, and insurance products.
Core Business Areas
- Banking Services: Provides commercial and consumer banking services, including loans, deposit accounts, and treasury management services.
- Wealth Advisory Services: Offers investment management, trust administration, and financial planning services.
- Insurance Services: Provides property and casualty insurance, as well as employee benefits solutions.
Leadership and Structure
Andrea Short is the current CEO. The organizational structure includes various departments such as retail banking, commercial lending, wealth management, and support functions.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans provided to businesses for various purposes, including capital expenditures and working capital. Market share data is regional. Key competitors include larger national and regional banks such as JPMorgan Chase (JPM), Bank of America (BAC), and regional players like Huntington Bancshares (HBAN).
- Mortgage Loans: Residential mortgage loans for home purchases and refinancing. Market share data is regional. Competitors include Rocket Companies (RKT), UWM Holdings Corporation (UWMC).
- Wealth Management: Investment and trust services for individuals and institutions. Market share data unavailable. Competitors include Charles Schwab (SCHW) and Fidelity.
Market Dynamics
Industry Overview
The financial services industry is experiencing increased competition, technological disruption, and regulatory scrutiny. Interest rate fluctuations and economic conditions significantly impact profitability.
Positioning
1st Source Corporation is a regional bank with a strong presence in Northern Indiana and Southwestern Michigan. Its competitive advantages include its local market knowledge and customer relationships.
Total Addressable Market (TAM)
The TAM for banking services in their region is estimated to be in the billions of dollars. 1st Source Corporation holds a small percentage of this TAM but is well-positioned to grow within its niche market.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Established customer relationships
- Diversified revenue streams
- Solid asset quality
Weaknesses
- Limited geographic reach
- Smaller scale compared to national banks
- Dependence on regional economy
- Higher efficiency ratios than larger banks
Opportunities
- Expanding into new markets within the region
- Growing wealth management business
- Leveraging technology to improve efficiency
- Acquiring smaller community banks
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates
- Economic downturn in the region
- Regulatory changes
Competitors and Market Share
Key Competitors
- JPM
- BAC
- HBAN
Competitive Landscape
1st Source Corporation competes with larger national banks and other regional players. Its advantage lies in its local market knowledge and customer relationships.
Growth Trajectory and Initiatives
Historical Growth: 1st Source Corporation has experienced moderate growth in recent years, driven by organic loan growth and strategic acquisitions.
Future Projections: Analysts project continued growth in revenue and earnings, supported by the regional economy and expansion of wealth management services.
Recent Initiatives: Recent initiatives include expanding into new markets within the region and investing in technology to improve customer experience.
Summary
1st Source Corporation is a financially stable regional bank with a strong presence in Northern Indiana and Southwestern Michigan. Its diversified revenue streams and established customer relationships support steady growth. However, its smaller scale and dependence on the regional economy pose challenges. Strategic initiatives and investment in technology are crucial for maintaining competitiveness.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC filings
- Company reports
- Analyst estimates
- Market data providers
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and based on available data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About 1st Source Corporation
Exchange NASDAQ | Headquaters South Bend, IN, United States | ||
IPO Launch date 1996-09-03 | CEO & Chairman Mr. Christopher J. Murphy III | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 1205 | Website https://www.1stsource.com |
Full time employees 1205 | Website https://www.1stsource.com | ||
1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients in the United States. The company's consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. It also provides commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, the company offers trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company provides equipment loan and lease products for construction equipment, new and pre-owned aircraft, auto and light trucks, and medium and heavy duty trucks; and finances construction equipment, aircrafts, medium and heavy duty trucks, step vans, vocational work trucks, motor coaches, shuttle buses, funeral cars, automobiles, and other equipment. Additionally, it offers corporate and personal property, casualty, and individual and group health and life insurance products and services for individuals and businesses. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.
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