1st Source (NASDAQ:SRCE – Get Free Report) is anticipated to issue its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $1.83 per share and revenue of $118.11 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 4:00 PM ET.
1st Source (NASDAQ:SRCE – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.71 by $0.24. 1st Source had a return on equity of 12.94% and a net margin of 28.09%. The business had revenue of $118.16 million during the quarter, compared to the consensus estimate of $114.13 million. On average, analysts expect 1st Source to post $7.26 EPS for the current fiscal year and $7.47 EPS for the next fiscal year.
1st Source Price Performance
NASDAQ SRCE opened at $86.38 on Wednesday. 1st Source has a 52 week low of $58.49 and a 52 week high of $91.46. The firm has a market capitalization of $2.08 billion, a P/E ratio of 13.25 and a beta of 0.57. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.07. The company has a 50-day moving average price of $86.05 and a 200-day moving average price of $80.95.
1st Source Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Tuesday, August 4th were paid a $0.45 dividend. This is a boost from 1st Source’s previous quarterly dividend of $0.43. The ex-dividend date was Tuesday, August 4th. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. 1st Source’s dividend payout ratio (DPR) is currently 27.61%.
Insider Transactions at 1st Source
In other 1st Source news, CFO Brett Bauer sold 500 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $87.89, for a total transaction of $43,945.00. Following the completion of the sale, the chief financial officer owned 30,706 shares of the company’s stock, valued at approximately $2,698,750.34. The trade was a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 20.17% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on SRCE shares. Keefe, Bruyette & Woods raised their price objective on shares of 1st Source from $79.00 to $82.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. Piper Sandler upped their target price on shares of 1st Source from $88.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Weiss Ratings raised shares of 1st Source from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. DA Davidson increased their price target on shares of 1st Source from $77.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Finally, Zacks Research downgraded shares of 1st Source from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. One equities research 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. According to data from MarketBeat, 1st Source presently has an average rating of “Moderate Buy” and a consensus target price of $89.67.
Check Out Our Latest Report on 1st Source
About 1st Source
1st Source Corporation (NASDAQ:SRCE) is a bank holding company headquartered in South Bend, Indiana. Its principal subsidiary, 1st Source Bank, provides banking and financial services to individuals, businesses, and institutions.
The bank offers deposit accounts, consumer and commercial lending, mortgages, cash-management services, treasury services, and online and mobile banking. It also provides trust, investment management, and wealth advisory services, along with insurance-related products through affiliated operations.
1st Source has specialized lending businesses serving industries such as aviation, construction equipment, transportation, and recreational vehicles.
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