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Realtime updates for 1st Source Corp [SRCE]

Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Upcoming Earnings Alert

2 days till quarter result
(bmo 2024-04-18)

Expected move: +/- 3.10%

BUY
50.00%
return 1.72%
SELL
0.00%
return 0.39%
Last Updated16 Apr 2024 @ 12:37

-1.36% $ 47.91

SELL 89428 min ago

@ $49.70

Issued: 14 Feb 2024 @ 09:30


Return: -3.60%


Previous signal: Feb 13 - 09:32


Previous signal: Buy


Return: -0.69 %

Live Chart Being Loaded With Signals

Commentary (16 Apr 2024 @ 12:37):
Profile picture for 1st Source Corp

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...

Stats
Today's Volume 10 586.00
Average Volume 66 303.00
Market Cap 1.21B
EPS $1.150 ( 2024-02-22 )
Next earnings date ( $1.170 ) 2024-04-18
Last Dividend $0.340 ( 2023-11-03 )
Next Dividend $0 ( N/A )
P/E 9.52
ATR14 $0.129 (0.27%)
Insider Trading
Date Person Action Amount type
2024-03-05 Buhr Jeffrey L Sell 10 Common Stock
2024-03-05 Buhr Jeffrey L Sell 751 Common Stock
2024-02-20 Bauer Brett A. Buy 1 371 Common Stock
2024-02-20 Buhr Jeffrey L Buy 2 259 Common Stock
2024-02-20 Short Andrea G Buy 2 873 Common Stock
INSIDER POWER
26.25
Last 79 transactions
Buy: 68 215 | Sell: 25 717

Volume Correlation

Long: 0.13 (neutral)
Short: 0.50 (weak)
Signal:(47.293) Neutral

1st Source Corp Correlation

10 Most Positive Correlations
GRIN0.907
RMCF0.903
NAKD0.898
EVLO0.896
CHKEL0.894
ENPH0.889
VORB0.885
CRON0.885
PROC0.885
ADP0.883
10 Most Negative Correlations
BRIVU-0.917
VHNA-0.912
LMRKO-0.911
GXII-0.908
KYCH-0.907
ALTU-0.905
ADER-0.901
RILYH-0.901
TRHC-0.901
NVAC-0.9

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

1st Source Corp Correlation - Currency/Commodity

The country flag -0.02
( neutral )
The country flag -0.03
( neutral )
The country flag 0.00
( neutral )
The country flag -0.07
( neutral )
The country flag 0.17
( neutral )
The country flag 0.13
( neutral )

1st Source Corp Financials

Annual 2023
Revenue: $507.53M
Gross Profit: $507.53M (100.00 %)
EPS: $5.08
Q4 2023
Revenue: $134.65M
Gross Profit: $134.65M (100.00 %)
EPS: $1.160
Q3 2023
Revenue: $93.69M
Gross Profit: $107.33M (114.55 %)
EPS: $1.320
Q2 2023
Revenue: $91.29M
Gross Profit: $91.29M (100.00 %)
EPS: $1.300

Financial Reports:

No articles found.

1st Source Corp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.320
(N/A)
$0.320
(N/A)
$0.320
(N/A)
$0.320
(N/A)
$0.320
(N/A)
$0.340
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

1st Source Corp Dividend Information - Dividend King

Dividend Sustainability Score: 8.43 - good (84.34%) | Divividend Growth Potential Score: 5.02 - Stable (0.50%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0203 1987-02-02
Last Dividend $0.340 2023-11-03
Next Dividend $0 N/A
Payout Date 2023-11-15
Next Payout Date N/A
# dividends 147 --
Total Paid Out $18.61 --
Avg. Dividend % Per Year 1.71% --
Score 5.2 --
Div. Sustainability Score 8.43
Div.Growth Potential Score 5.02
Div. Directional Score 6.73 --
Next Divdend (Est)
(2024-07-03)
$0.344 Estimate 39.93 %
Dividend Stability
0.80 Good
Dividend Score
5.20
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1987 $0.0812 2.51%
1988 $0.0812 3.38%
1989 $0.0831 2.57%
1990 $0.0906 2.10%
1991 $0.0998 2.94%
1992 $0.111 1.99%
1993 $0.121 1.44%
1994 $0.145 1.75%
1995 $0.156 1.65%
1996 $0.136 1.11%
1997 $0.218 1.63%
1998 $0.201 0.92%
1999 $0.264 0.99%
2000 $0.304 1.48%
2001 $0.323 2.08%
2002 $0.327 1.74%
2003 $0.336 2.18%
2004 $0.364 2.02%
2005 $0.445 2.13%
2006 $0.534 2.50%
2007 $0.560 1.91%
2008 $0.580 3.88%
2009 $0.590 2.77%
2010 $0.610 4.12%
2011 $0.640 3.38%
2012 $0.660 2.82%
2013 $0.680 3.26%
2014 $0.710 2.52%
2015 $0.720 2.40%
2016 $0.720 2.37%
2017 $0.760 1.71%
2018 $0.960 1.93%
2019 $1.100 2.67%
2020 $1.130 2.18%
2021 $1.210 3.05%
2022 $1.260 2.52%
2023 $1.300 2.46%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.3031.5003.945.91[0 - 0.5]
returnOnAssetsTTM0.01431.2009.5210.00[0 - 0.3]
returnOnEquityTTM0.1331.5009.6310.00[0.1 - 1]
payoutRatioTTM0.265-1.0007.35-7.35[0 - 1]
currentRatioTTM0.02960.800-4.85-3.88[1 - 3]
quickRatioTTM0.3860.800-2.43-1.946[0.8 - 2.5]
cashRatioTTM0.01761.500-1.013-1.520[0.2 - 2]
debtRatioTTM0.0480-1.5009.20-10.00[0 - 0.6]
interestCoverageTTM1.7211.000-0.474-0.474[3 - 30]
operatingCashFlowPerShareTTM7.692.007.4410.00[0 - 30]
freeCashFlowPerShareTTM7.452.006.2810.00[0 - 20]
debtEquityRatioTTM0.423-1.5008.31-10.00[0 - 2.5]
grossProfitMarginTTM1.0331.00010.0010.00[0.2 - 0.8]
operatingProfitMarginTTM0.4161.0003.693.69[0.1 - 0.6]
cashFlowToDebtRatioTTM0.4481.0008.628.62[0.2 - 2]
assetTurnoverTTM0.04730.800-3.02-2.41[0.5 - 2]
Total Score8.43

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM9.521.0009.140[1 - 100]
returnOnEquityTTM0.1332.509.7610.00[0.1 - 1.5]
freeCashFlowPerShareTTM7.452.007.5210.00[0 - 30]
dividendYielPercentageTTM2.711.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM7.692.007.4410.00[0 - 30]
payoutRatioTTM0.2651.5007.35-7.35[0 - 1]
pegRatioTTM-21.031.500-10.000[0.5 - 2]
operatingCashFlowSalesRatioTTM0.4561.0001.1100[0.1 - 0.5]
Total Score5.02

1st Source Corp

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. Its 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. The company also offers 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, it provides 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 offers 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 provides corporate and personal property, casualty, and individual and group health and life insurance products and services. As of December 31, 2021, the company operated through 79 banking centers in 18 counties in Indiana and Michigan, as well as Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.

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