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Upturn AI SWOT - About
SRCE 
1st Source Corporation (SRCE)
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Upturn Advisory Summary
06/30/2025: 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
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $69
1 Year Target Price $69
| 0 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -10.89% | Avg. Invested days 34 | 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 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.52B USD | Price to earnings Ratio 10.87 | 1Y Target Price 69 |
Price to earnings Ratio 10.87 | 1Y Target Price 69 | ||
Volume (30-day avg) 3 | Beta 0.67 | 52 Weeks Range 50.57 - 67.35 | Updated Date 06/30/2025 |
52 Weeks Range 50.57 - 67.35 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 2.46% | Basic EPS (TTM) 5.69 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 36.18% | Operating Margin (TTM) 48.76% |
Management Effectiveness
Return on Assets (TTM) 1.6% | Return on Equity (TTM) 12.22% |
Valuation
Trailing PE 10.87 | Forward PE - | Enterprise Value 1516385408 | Price to Sales(TTM) 3.91 |
Enterprise Value 1516385408 | Price to Sales(TTM) 3.91 | ||
Enterprise Value to Revenue 4.08 | Enterprise Value to EBITDA - | Shares Outstanding 24562900 | Shares Floating 17527356 |
Shares Outstanding 24562900 | Shares Floating 17527356 | ||
Percent Insiders 25.56 | Percent Institutions 75.07 |
Analyst Ratings
Rating 2 | Target Price 69 | Buy 1 | Strong Buy - |
Buy 1 | Strong Buy - | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
1st Source Corporation
Company Overview
History and Background
1st Source Corporation was founded in 1863 in South Bend, Indiana. It has grown from a small community bank to a diversified financial services company serving individuals and businesses in the Midwest.
Core Business Areas
- Banking Services: Provides a range of banking services including checking and savings accounts, loans, mortgages, and investment products.
- Wealth Management: Offers wealth management services including financial planning, investment management, trust administration, and estate planning.
- Specialty Finance: Provides specialized financing solutions for equipment, aircraft, and healthcare.
Leadership and Structure
Christopher J. Murphy III is the Chairman and CEO. The company is structured with various divisions including community banking, wealth advisory, and specialty finance, each headed by senior executives.
Top Products and Market Share
Key Offerings
- Commercial Loans: Commercial loans are a key revenue driver. Competitors include larger regional and national banks such as JPMorgan Chase (JPM) and Bank of America (BAC).
- Mortgages: Mortgage origination and servicing generate substantial revenue. Competitors include Wells Fargo (WFC) and Rocket Mortgage.
- Wealth Management Services: Wealth management brings in significant fee income. Competitors include Raymond James Financial (RJF) and Charles Schwab (SCHW).
Market Dynamics
Industry Overview
The banking industry is currently navigating a complex environment of rising interest rates, increasing regulatory scrutiny, and evolving customer expectations for digital services.
Positioning
1st Source Corporation positions itself as a relationship-focused bank with a strong presence in its regional markets. It leverages its local expertise and personal service to differentiate itself from larger national banks.
Total Addressable Market (TAM)
The TAM for banking and wealth management services in the Midwest is estimated to be in the hundreds of billions of dollars. 1st Source captures a small but significant portion of this market, focusing on personalized service and regional expertise.
Upturn SWOT Analysis
Strengths
- Strong local presence and brand recognition
- Diversified revenue streams across banking, wealth management, and specialty finance
- Experienced management team
- Solid capital base
Weaknesses
- Limited geographic reach compared to larger national banks
- Dependence on regional economic conditions
- Higher operating expenses
Opportunities
- Expansion into new markets within the Midwest
- Increased adoption of digital banking services
- Growing demand for wealth management services
- Strategic acquisitions of smaller community banks
Threats
- Rising interest rates and potential for economic slowdown
- Increased competition from larger national banks and fintech companies
- Cybersecurity risks and data breaches
- Regulatory changes and compliance costs
Competitors and Market Share
Key Competitors
- JPM
- BAC
- WFC
- KEY
Competitive Landscape
1st Source differentiates itself through its strong local presence and customer relationships, while larger national banks have advantages in terms of scale and resources. Fintech companies pose a growing threat through innovative digital banking solutions.
Major Acquisitions
No recent major acquisitions
- Year: 2024
- Acquisition Price (USD millions): 0
- Strategic Rationale: Focus on organic growth and smaller strategic tuck-ins.
Growth Trajectory and Initiatives
Historical Growth: 1st Source has achieved consistent growth through organic expansion, strategic acquisitions, and a focus on customer relationships.
Future Projections: Analysts project continued growth in revenue and earnings, driven by expansion in new markets and increased adoption of digital services.
Recent Initiatives: Recent initiatives include investments in digital banking platforms, expansion of wealth management services, and strategic acquisitions of smaller community banks.
Summary
1st Source Corporation demonstrates financial stability and growth potential. Its focus on regional banking and wealth management, combined with recent digital initiatives, position it well for continued success. However, it faces challenges from larger national banks and evolving fintech competitors. Close monitoring of interest rates and economic conditions is crucial for sustained performance.
Peer Comparison
Sources and Disclaimers
Data Sources:
- 1st Source Corporation Investor Relations
- SEC Filings
- Yahoo Finance
- Analysts Estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data is subject to change. Information may contain inaccuracies and is not warranted to be precise or accurate.
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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