Brokers Set Expectations for 1st Source Q2 Earnings

Posted by Francis Steltz on Jul 22nd, 2026

1st Source Corporation (NASDAQ:SRCE – Free Report) – Stock analysts at Keefe, Bruyette & Woods issued their Q2 2026 EPS estimates for 1st Source in a research report issued on Friday, July 17th. Keefe, Bruyette & Woods analyst D. Delmonte anticipates that the financial services provider will post earnings of $1.73 per share for the quarter. The consensus estimate for 1st Source’s current full-year earnings is $6.81 per share.

Several other brokerages have also weighed in on SRCE. Piper Sandler raised their target price on 1st Source from $83.00 to $88.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. DA Davidson reaffirmed a “neutral” rating and issued a $74.00 price target on shares of 1st Source in a report on Monday, April 27th. Finally, Weiss Ratings reiterated a “buy (a-)” rating on shares of 1st Source in a research note on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.00.

Check Out Our Latest Analysis on 1st Source

1st Source Trading Down 0.1%

NASDAQ:SRCE opened at $83.35 on Monday. 1st Source has a 1 year low of $56.89 and a 1 year high of $86.64. The stock has a market cap of $2.01 billion, a P/E ratio of 12.78 and a beta of 0.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50-day simple moving average of $77.82 and a 200-day simple moving average of $72.17.

1st Source (NASDAQ:SRCE – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.63 earnings per share for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.01). The business had revenue of $112.25 million during the quarter, compared to analyst estimates of $111.88 million. 1st Source had a net margin of 26.66% and a return on equity of 12.39%.

Institutional Trading of 1st Source

A number of hedge funds and other institutional investors have recently made changes to their positions in SRCE. JPMorgan Chase & Co. grew its stake in 1st Source by 40.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 78,426 shares of the financial services provider’s stock worth $4,828,000 after buying an additional 22,525 shares during the last quarter. CM Management LLC acquired a new position in 1st Source during the fourth quarter worth approximately $1,094,000. Denali Advisors LLC lifted its stake in 1st Source by 10.2% in the fourth quarter. Denali Advisors LLC now owns 120,600 shares of the financial services provider’s stock valued at $7,536,000 after buying an additional 11,200 shares during the last quarter. Vanguard Group Inc. lifted its stake in 1st Source by 10.2% in the fourth quarter. Vanguard Group Inc. now owns 1,316,642 shares of the financial services provider’s stock valued at $82,277,000 after buying an additional 122,146 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in 1st Source by 191.1% in the first quarter. SG Americas Securities LLC now owns 32,378 shares of the financial services provider’s stock valued at $2,241,000 after buying an additional 21,254 shares during the last quarter. Institutional investors and hedge funds own 74.45% of the company’s stock.

1st Source Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This is a positive change from 1st Source’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 2.1%. 1st Source’s dividend payout ratio is 26.38%.

About 1st Source

(Get Free Report)

1st Source Corporation is a bank holding company headquartered in South Bend, Indiana, operating through its wholly owned subsidiary, 1st Source Bank. The company offers a full range of commercial and consumer banking products, including checking and savings accounts, business and commercial lending, residential mortgage loans, and cash management services. Its client base spans small and medium-sized businesses, agribusinesses, professional firms, and individual consumers primarily across northern Indiana and southwestern Michigan.

In addition to traditional banking services, 1st Source Corporation provides wealth management and trust services through its 1st Source Wealth Management division.