US · SRCE
1st Source Corporation
- Sector
- Financial Services · Banks - Regional
- Headquarters
- South Bend, IN 46601
- Website
- 1stsource.com
Price · as of 2025-12-31
$73.86
Market cap 1.64B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $36.14 | -51.07% |
| Intrinsic Value(DCF) | $91.68 | +24.13% |
| Graham-Dodd Method(GD) | $57.64 | -21.96% |
| Graham Formula(GF) | $85.03 | +15.13% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $17.72 | $40.26 | $9.46 | $19.73 | $3.29 |
| 2012 | $17.41 | $39.94 | $23.77 | $20.94 | $11.56 |
| 2013 | $24.08 | $28.43 | $25.71 | $22.57 | $11.97 |
| 2014 | $24.50 | $34.34 | $25.03 | $24.39 | $17.56 |
| 2015 | $25.33 | $34.78 | $24.94 | $25.20 | $27.52 |
| 2016 | $37.67 | $38.72 | $26.33 | $25.90 | $28.41 |
| 2017 | $43.26 | $38.97 | $28.44 | $25.79 | $48.46 |
| 2018 | $38.19 | $37.15 | $30.51 | $27.18 | $68.38 |
| 2019 | $34.03 | $31.73 | $33.54 | $30.04 | $58.07 |
| 2020 | $44.08 | $29.60 | $35.13 | $29.92 | $12.51 |
| 2021 | $43.98 | $31.45 | $46.65 | $38.14 | $24.00 |
| 2022 | $43.70 | $35.28 | $55.01 | $36.51 | $79.84 |
| 2023 | $48.97 | $43.66 | $63.96 | $42.01 | $195.63 |
| 2024 | $61.17 | $44.87 | $49.98 | $47.33 | $108.23 |
| 2025 | $67.82 | $36.14 | $150.39 | $57.64 | $85.03 |
AI valuation
Our deep-learning model estimates 1st Source Corporation's (SRCE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $36.14
- Current price
- $73.86
- AI upside
- -51.07%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$91.68
+24.13% upside
Graham-Dodd
$57.64
-21.96% upside
Graham Formula
$85.03
+15.13% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| SRCE | 1st Source Corporation | $73.86 | 1.64B | -51% | +24% | -22% | +15% | 10.45 | 1.30 | 2.76 | 1.88 | 50.93 | 1.39 | 70.32% | 34.18% | 26.38% | 13.27% | 72.43% | 1.76% | 0.27 | 1.23 | 12.62 | 12.62 | 1.27 | 2052.00% | 520.00% | 1771.00% | 12.91% | 1.77 | 97.42% | 2.32% | 24.30% | 3.16% | 1.97 | 1.89 | 0.67 | 0.62 |
| FCF | First Commonwealth Financ… | $17.53 | 1.82B | +87% | -19% | -46% | +53% | 10.88 | 1.10 | 2.22 | 3.33 | — | 1.52 | 64.16% | 25.47% | 20.38% | 10.49% | 20.39% | 1.24% | 0.24 | 0.80 | 0.13 | 0.13 | 1.14 | -974.00% | 1166.00% | -1150.00% | 7.35% | 0.01 | 16.30% | 3.39% | 36.90% | 31.80% | 3.44 | 5.38 | 0.88 | -0.56 |
| FRME | First Merchants Corporati… | $39.08 | 2.46B | -37% | -10% | -29% | -22% | 10.05 | 0.92 | 2.16 | 6.17 | 72.92 | 1.30 | 60.96% | 24.67% | 21.52% | 9.47% | 12.33% | 1.21% | 0.41 | 0.67 | 0.20 | 0.20 | 3.17 | 1378.00% | -32.00% | 655.00% | 12.49% | 0.04 | 15.48% | 3.73% | 37.50% | 5.80% | 6.87 | 6.28 | 1.70 | -0.11 |
| GABC | German American Bancorp, … | $41.34 | 1.55B | -1% | +321% | -56% | +347% | 13.69 | 1.33 | 3.16 | 11.47 | 168.50 | 2.05 | 70.17% | 28.74% | 23.11% | 12.00% | 21.95% | 1.53% | 0.16 | 1.11 | 0.06 | 0.06 | 0.79 | 813.00% | 5454.00% | -9777.00% | 0.13% | 0.00 | 0.39% | 2.81% | 38.40% | 4.69% | 11.47 | 793.24 | 3.30 | 0.08 |
| LKFN | Lakeland Financial Corpor… | $58.09 | 1.48B | +23% | -29% | -14% | -57% | 14.54 | 1.97 | 3.56 | 11.86 | 138.94 | 1.98 | 60.99% | 29.78% | 24.51% | 14.29% | 23.02% | 1.51% | 0.24 | 0.82 | 0.03 | 0.03 | 0.97 | 1047.00% | -193.00% | -4163.00% | 3.64% | 0.01 | 12.20% | 0.00% | 0.00% | 0.00% | 12.31 | 28.22 | 3.67 | -0.61 |
| LOB | Live Oak Bancshares, Inc. | $36.27 | 1.66B | +15% | +125% | -20% | +28% | 16.79 | 1.30 | 1.40 | 6.92 | 550.72 | 1.30 | 42.68% | 9.60% | 8.34% | 8.14% | -50.69% | 0.64% | 0.11 | 0.20 | 0.05 | 0.05 | -4.41 | 305.00% | 1967.00% | -1502.00% | 37.48% | 0.05 | -318.95% | 0.42% | 7.00% | 0.42% | 8.72 | 1.60 | 0.84 | -0.79 |
| MBIN | Merchants Bancorp | $42.28 | 1.94B | +86% | -48% | +28% | -69% | 9.09 | 0.87 | 1.46 | 18.77 | — | 0.88 | 41.29% | 19.32% | 16.02% | 9.67% | 3.89% | 1.14% | 1.68 | 0.39 | 1.61 | 1.61 | 14.51 | -4000.00% | -565.00% | -6003.00% | -17.16% | -0.05 | -6.06% | 2.99% | 27.20% | 4.63% | 18.77 | -14.51 | 3.63 | 0.57 |
| NBHC | National Bank Holdings Co… | $39.99 | 1.51B | -21% | -17% | -39% | -54% | 14.17 | 1.12 | 2.66 | 4.13 | — | 1.51 | 69.18% | 24.44% | 18.76% | 8.15% | 18.22% | 1.11% | 0.05 | 0.83 | 0.27 | 0.27 | -2.10 | -747.00% | -175.00% | 979.00% | 8.53% | 0.05 | 20.63% | 2.97% | 42.00% | 25.88% | 4.76 | 5.13 | 1.16 | -0.01 |
| STBA | S&T Bancorp, Inc. | $41.81 | 1.6B | -9% | -13% | -40% | -28% | 12.34 | 1.13 | 2.91 | 11.44 | 466.07 | 1.52 | 69.43% | 29.54% | 23.61% | 9.44% | 12.62% | 1.37% | 0.18 | 1.01 | 0.03 | 0.00 | 1.58 | 265.00% | 63.00% | -2437.00% | 7.78% | 0.03 | 12.11% | 3.19% | 39.40% | 5.38% | 11.44 | 14.91 | 3.38 | -0.39 |
| STEL | Stellar Bancorp, Inc. | $37.66 | 1.93B | +27% | -9% | -14% | -80% | 19.06 | 1.18 | 3.29 | -2.28 | — | 1.78 | 69.31% | 21.43% | 17.25% | 6.28% | -20.51% | 0.95% | 0.02 | 0.74 | 0.02 | 0.42 | -2.97 | -744.00% | -467.00% | -2419.00% | 4.95% | 0.02 | -19.34% | 0.00% | 0.00% | 0.00% | -2.28 | -3.01 | -0.49 | -0.30 |
| TCBK | TriCo Bancshares | $47.78 | 1.55B | +36% | -16% | +5% | -23% | 12.91 | 1.18 | 2.94 | -1.18 | 186.62 | 1.54 | 75.85% | 31.73% | 22.79% | 9.54% | 29.90% | 1.25% | 0.08 | 1.41 | 0.44 | 0.44 | -0.27 | 692.00% | 178.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 7.70% | -1.27 | — | -0.40 | 0.03 |
About 1st Source Corporation
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.
- CEO
- Andrea Gayle Short
- Employees
- 1.21K
- Beta
- 0.62
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($91.68 ÷ $73.86) − 1 = +24.13% (DCF, example).