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
3Y+27.0%
5Y+44.0%
10Y+128.0%
3Y-80.0%
5Y-74.0%
10Y-50.0%
3Y-136.0%
5Y-113.0%
10Y-131.0%
SRCE

1st Source Corporation Cash Conversion Engine

SRCE ยท NASDAQ
Net Income158.26M
Depreciation & Amortization11.27M
Stock-Based Compensation6.20M
Change in Working Capital38.42M
Others14.38M
Capital Expenditures-10.08M
Free Cash Flow213.03M

Cash Flow Quality Analysis

FCF Conversion Rate

134.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

4.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+17.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$38.42M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

1st Source Corporation Cash Flow Statement

SRCE โ€ข NASDAQ

1st Source Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
158.3M
132.6M
124.9M
120.5M
118.6M
81.5M
92M
82.4M
68.1M
57.8M
57.5M
58.1M
55M
49.6M
48.2M
41.2M
25.5M
33.4M
30.5M
39.3M
11.3M
12.4M
15.5M
19.1M
24M
31.1M
35.3M
32.8M
32M
28.4M
24.5M
19.9M
19.4M
22.4M
25.3M
28.1M
28.5M
27.6M
24.5M
24.1M
-5.4M
2.4M
-9.5M
-9.5M
15.4M
-24.2M
-5.7M
-550K
2.8M
2.9M
1.6M
4.3M
-1.9M
-7.6M
3.6M
-1.1M
5.7M
-10.8M
-3.2M
-3.9M
6.2M
5.7M
4.9M
3.6M
4.2M
3.3M
2.8M
3.6M
3M
2.9M
3.8M
3.2M
2.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14.4M
16.9M
12.1M
22.3M
1.5M
50.8M
10.9M
25.4M
14.9M
4.1M
12.9M
705K
9.5M
12.1M
27M
12.5M
53.5M
10M
15.9M
-3.5M
(0.0)
(11.3M)
(17.8M)
(23.3M)
(15.4M)
(13.5M)
(5.6M)
(8.3M)
(10.6M)
(19.9M)
(30.4M)
(29.2M)
(33.8M)
(33.8M)
(19.9M)
(17.4M)
(8.9M)
(19.2M)
(0.0)
(0.0)
38.4M
23.9M
40M
19.5M
3.1M
12M
29.4M
16.1M
19M
2M
234K
-13.9M
2.3M
16.7M
20.3M
30.4M
-61.3M
4M
16.7M
28.1M
223.1M
193.9M
187.9M
175.5M
166.8M
154.5M
164.6M
159.7M
139.7M
98.1M
100.6M
72.4M
86.9M
93.2M
124.4M
111.3M
51.9M
64.2M
84.4M
84.1M
INVESTING ACTIVITIES
-10.1M
-12.4M
-6M
-2.4M
-2.9M
-2.9M
-10.5M
-24.2M
-51.4M
-39M
-64M
-35.6M
-28.4M
-9.5M
-21.5M
-4.4M
-36.7M
-24.3M
-37.2M
-5.6M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-56M
(0.0)
-560.1M
-324.7M
-47.5M
-327.5M
-1.1B
-597.3M
-351.2M
-255.2M
-472.9M
-313.6M
-148.9M
-147.2M
-200.8M
-359.4M
-388.4M
-572.2M
-1.1B
-480.1M
-518M
-456.7M
638.5M
432M
247.7M
232.1M
435.8M
453M
317.3M
154.1M
406.2M
246.5M
138.4M
191.6M
224.8M
356.2M
488.8M
517.8M
755.5M
543.6M
813.3M
391.4M
-222.5M
-371.5M
-552.5M
-687.1M
114.2M
-435.5M
-289.5M
-332.7M
-366.5M
-201.6M
-307M
-138.2M
-227M
-242.3M
-43.9M
-16.1M
182.4M
-110.2M
-252.9M
-269.3M
-154.2M
-276.6M
-358.3M
-784.9M
-598.6M
-582.7M
-333.9M
-458M
-484.6M
-309.8M
-381.6M
-128.8M
-231.4M
-255M
(35M)
-74.8M
-172.6M
-71M
-50.8M
-340.2M
FINANCING ACTIVITIES
-13.7M
-178K
-12.5M
-6.8M
-33.1M
-6.4M
-15.1M
-9.3M
-41K
-8M
-10M
-16.3M
-2.3M
234K
712K
731K
111.4M
341K
-12.3M
-6.8M
-12.9M
-75.8M
93.4M
-10M
35.9M
11.8M
-56.1M
-17M
-84M
73.1M
-13.8M
-72.8M
130.3M
43.5M
-20.4M
10.9M
-156.4M
-57.6M
127.8M
-34.1M
-38.4M
-35.4M
-33.1M
-32.1M
-31.3M
-29.8M
-29M
-25.7M
-20.4M
-19.4M
-18.1M
-17.6M
-17.1M
-16.5M
-15.9M
-20.6M
-19M
-14.3M
-13.3M
-12.3M
-13.9M
-178K
-12.5M
-6.8M
-33.1M
-6.4M
-15.1M
-9.3M
-41K
-8M
-10M
-16.3M
-2.3M
-3.7M
-2.2M
-113.1M
-1.3M
(0.0)
-12.8M
-7.7M
-8.8M
189.3M
129.4M
255.9M
742.5M
612.2M
253.8M
371.2M
419.1M
194.7M
336.5M
149.4M
29.5M
104.2M
-106.4M
-29.7M
137.9M
44.9M
-100.8M
302.7M
-73.9M
77.9M
177.2M
207M
713.9M
587.8M
153.6M
319.3M
314.7M
240.4M
294.5M
42.6M
140.5M
131.4M
-142M
-149.7M
73.8M
-26.6M
1.5M
249.4M
CASH FLOW SUMMARY
-5M
-4.8M
6.9M
-402.4M
282.1M
159.7M
-15.7M
21M
-30.3M
28.6M
13.5M
-13.9M
-3.9M
-30.4M
17.5M
-113.2M
-46.9M
-33.4M
35M
-6.7M
124.8M
129.7M
122.8M
525.2M
243M
83.4M
99.1M
78M
108.3M
79.7M
66.2M
80.1M
83.9M
114.3M
96.9M
210.1M
119.8M
153.1M
118.1M
124.8M
119.9M
124.8M
129.7M
122.8M
525.2M
243M
83.4M
99.1M
78M
108.3M
79.7M
66.2M
80.1M
83.9M
114.3M
96.9M
72.9M
119.8M
153.1M
118.1M
213M
181.5M
182M
173.2M
163.9M
151.6M
154.1M
135.5M
88.3M
59M
36.6M
36.8M
58.7M
83.7M
102.9M
106.9M
15.1M
40M
47.2M
78.5M

SEC Filings

SRCE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 01, 2026
May 01, 2026
2026
8-K

8-K 2026

N/A

April 24, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 23, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 13, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 30, 2026
January 30, 2026
2026
8-K

8-K 2026

N/A

January 23, 2026
January 22, 2026
2026
8-K

8-K 2025

N/A

October 31, 2025
October 31, 2025
2025
Showing 1 to 10 of 408 filings