1st Source Corporation

1st Source Corporation

SRCEยทNASDAQ

$72.74

-0.26%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$1.75B
EPS6.4600
P/E Ratio11.26
Earnings Date07/23/2026
0.60%
Dividend Yield
-9%
3Y-21.0%
5Y-5.0%
10Y+4.0%
25.23%
Dividend Payout Ratio
3%
3Y-3.0%
5Y-7.0%
10Y-24.0%
3Y+24.0%
5Y+33.0%
10Y+109.0%
1st Source Corporation

1st Source Corporation Dividend History

SRCE ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

SRCE Dividend Payment History

SRCE ยท NASDAQ

Total Payments

50

Latest Dividend

$0.4300

Annual Amount

$1.9900

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 23, 2026
May 5, 2026May 15, 2026
$0.4300
$0.4300
Quarterly+7.50%
Jan 22, 2026
Feb 3, 2026Feb 13, 2026
$0.4000
$0.4000
Quarterly0.00%
Oct 23, 2025
Nov 4, 2025Nov 14, 2025
$0.4000
$0.4000
Quarterly+5.26%
Jul 24, 2025
Aug 5, 2025Aug 15, 2025
$0.3800
$0.3800
Quarterly0.00%
Apr 24, 2025
May 5, 2025May 15, 2025
$0.3800
$0.3800
Quarterly+5.56%
Jan 23, 2025
Feb 4, 2025Feb 14, 2025
$0.3600
$0.3600
Quarterly0.00%
Oct 24, 2024
Nov 5, 2024Nov 15, 2024
$0.3600
$0.3600
Quarterly0.00%
Jul 25, 2024
Aug 5, 2024Aug 15, 2024
$0.3600
$0.3600
Quarterly+5.88%
Apr 25, 2024
May 6, 2024May 15, 2024
$0.3400
$0.3400
Quarterly0.00%
Jan 18, 2024
Feb 5, 2024Feb 15, 2024
$0.3400
$0.3400
Quarterly0.00%
Oct 19, 2023
Nov 6, 2023Nov 15, 2023
$0.3400
$0.3400
Quarterly+6.25%
Jul 20, 2023
Aug 1, 2023Aug 11, 2023
$0.3200
$0.3200
Quarterly0.00%
Apr 20, 2023
May 2, 2023May 12, 2023
$0.3200
$0.3200
Quarterly0.00%
Jan 19, 2023
Feb 6, 2023Feb 16, 2023
$0.3200
$0.3200
Quarterly0.00%
Oct 20, 2022
Nov 1, 2022Nov 10, 2022
$0.3200
$0.3200
Quarterly0.00%
Jul 21, 2022
Aug 2, 2022Aug 12, 2022
$0.3200
$0.3200
Quarterly+3.23%
Apr 21, 2022
May 3, 2022May 13, 2022
$0.3100
$0.3100
Quarterly0.00%
Jan 20, 2022
Feb 8, 2022Feb 16, 2022
$0.3100
$0.3100
Quarterly0.00%
Oct 21, 2021
Nov 2, 2021Nov 12, 2021
$0.3100
$0.3100
Quarterly0.00%
Jul 22, 2021
Aug 3, 2021Aug 13, 2021
$0.3100
$0.3100
Quarterly+3.33%
Apr 22, 2021
May 4, 2021May 14, 2021
$0.3000
$0.3000
Quarterly+3.45%
Jan 21, 2021
Feb 2, 2021Feb 12, 2021
$0.2900
$0.2900
Quarterly+3.57%
Oct 22, 2020
Nov 3, 2020Nov 13, 2020
$0.2800
$0.2800
Quarterly0.00%
Jul 23, 2020
Aug 4, 2020Aug 14, 2020
$0.2800
$0.2800
Quarterly0.00%
Apr 23, 2020
May 5, 2020May 15, 2020
$0.2800
$0.2800
Quarterly-3.45%
Jan 23, 2020
Feb 4, 2020Feb 14, 2020
$0.2900
$0.2900
Quarterly0.00%
Oct 17, 2019
Nov 5, 2019Nov 15, 2019
$0.2900
$0.2900
Quarterly+7.41%
Jul 18, 2019
Aug 5, 2019Aug 15, 2019
$0.2700
$0.2700
Quarterly0.00%
Apr 18, 2019
May 6, 2019May 15, 2019
$0.2700
$0.2700
Quarterly0.00%
Jan 24, 2019
Feb 4, 2019Feb 14, 2019
$0.2700
$0.2700
Quarterly+8.00%
Oct 18, 2018
Nov 5, 2018Nov 15, 2018
$0.2500
$0.2500
Quarterly0.00%
Jul 19, 2018
Aug 6, 2018Aug 15, 2018
$0.2500
$0.2500
Quarterly+4.17%
Apr 19, 2018
May 7, 2018May 15, 2018
$0.2400
$0.2400
Quarterly+9.09%
Jan 18, 2018
Feb 5, 2018Feb 15, 2018
$0.2200
$0.2200
Quarterly+10.00%
Oct 19, 2017
Nov 6, 2017Nov 15, 2017
$0.2000
$0.2000
Quarterly+5.26%
Jul 24, 2017
Aug 7, 2017Aug 15, 2017
$0.1900
$0.1900
Quarterly0.00%
Apr 21, 2017
May 2, 2017May 12, 2017
$0.1900
$0.1900
Quarterly+5.56%
Jan 19, 2017
Feb 6, 2017Feb 15, 2017
$0.1800
$0.1800
Quarterly0.00%
Oct 21, 2016
Nov 1, 2016Nov 11, 2016
$0.1800
$0.1800
Quarterly0.00%
Jul 21, 2016
Aug 2, 2016Aug 12, 2016
$0.1800
$0.1800
Quarterly0.00%
Apr 22, 2016
May 3, 2016May 13, 2016
$0.1800
$0.1800
Quarterly0.00%
Jan 22, 2016
Feb 1, 2016Feb 12, 2016
$0.1800
$0.1800
Quarterly0.00%
Oct 23, 2015
Nov 3, 2015Nov 13, 2015
$0.1800
$0.1800
Quarterly0.00%
Jul 27, 2015
Aug 4, 2015Aug 14, 2015
$0.1800
$0.1800
Quarterly0.00%
Apr 23, 2015
May 5, 2015May 15, 2015
$0.1800
$0.1800
Quarterly0.00%
Jan 22, 2015
Feb 3, 2015Feb 13, 2015
$0.1800
$0.1800
Quarterly0.00%
Oct 24, 2014
Nov 5, 2014Nov 14, 2014
$0.1800
$0.1800
Quarterly0.00%
Jul 24, 2014
Aug 5, 2014Aug 15, 2014
$0.1800
$0.1800
Quarterly0.00%
Apr 24, 2014
May 5, 2014May 15, 2014
$0.1800
$0.1800
Quarterly+5.88%
Jan 23, 2014
Feb 4, 2014Feb 14, 2014
$0.1700
$0.1700
Quarterly-
srce

1st Source Corporation Payout Ratio Analysis

SRCE ยท NASDAQ
Dividends Paid
-38.43M
2025
Net Income
158.27M
2025
Payout Ratio
24.28%
2025

Dividend Sustainability Analysis

Payout Ratio
24.28%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
18.0%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-8.6%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.