Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
24.21 (1y: +12%)
Market Cap 588.7 M P/E(ttm) 11.80
Enterprise Value 722.8 M P/B 1.06
SRCE- NAS (USA)
1st Source Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$24.21
Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.593
SRCE's Cash to Debt is ranked lower than
51% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.63 vs. SRCE: 0.593 )
SRCE' s 10-Year Cash to Debt Range
Min: 0.23   Max: 0.97
Current: 0.59
0.23
0.97
Equity to Asset 0.104
SRCE's Equity to Asset is ranked higher than
61% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. SRCE: 0.104 )
SRCE' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.11
Current: 0.1
0.08
0.11
Interest Coverage No Debt
SRCE's Interest Coverage is ranked lower than
70% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10000.00 vs. SRCE: No Debt )
SRCE' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 6
Z-Score: 0.38
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 32.50
SRCE's Operating margin (%) is ranked higher than
68% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 24.60 vs. SRCE: 32.50 )
SRCE' s 10-Year Operating margin (%) Range
Min: 5.9   Max: 34.7
Current: 32.5
5.9
34.7
Net-margin (%) 21.3
SRCE's Net-margin (%) is ranked higher than
62% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.10 vs. SRCE: 21.3 )
SRCE' s 10-Year Net-margin (%) Range
Min: 5.2   Max: 22
Current: 21.3
5.2
22
ROE (%) 8.9
SRCE's ROE (%) is ranked higher than
67% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.20 vs. SRCE: 8.9 )
SRCE' s 10-Year ROE (%) Range
Min: 3.2   Max: 12.6
Current: 8.9
3.2
12.6
ROA (%) 1.1
SRCE's ROA (%) is ranked higher than
78% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.70 vs. SRCE: 1.1 )
SRCE' s 10-Year ROA (%) Range
Min: 0.3   Max: 1.2
Current: 1.1
0.3
1.2
ROC (Joel Greenblatt) (%) 309.30
SRCE's ROC (Joel Greenblatt) (%) is ranked higher than
92% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. SRCE: 309.30 )
SRCE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 4.2   Max: 503.8
Current: 309.3
4.2
503.8
Revenue Growth (%) 2.1
SRCE's Revenue Growth (%) is ranked higher than
70% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. SRCE: 2.1 )
SRCE' s 10-Year Revenue Growth (%) Range
Min: -6.4   Max: 5.5
Current: 2.1
-6.4
5.5
EBITDA Growth (%) 13
SRCE's EBITDA Growth (%) is ranked higher than
80% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. SRCE: 13 )
SRCE' s 10-Year EBITDA Growth (%) Range
Min: -12.6   Max: 13
Current: 13
-12.6
13
EPS Growth (%) 26.5
SRCE's EPS Growth (%) is ranked higher than
91% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. SRCE: 26.5 )
SRCE' s 10-Year EPS Growth (%) Range
Min: -27.4   Max: 36.1
Current: 26.5
-27.4
36.1
» SRCE's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

SRCE Guru Trades in Q2 2012

Jim Simons 18,112 sh (+1.12%)
» More
Q3 2012

SRCE Guru Trades in Q3 2012

Jim Simons Sold Out
» More
Q4 2012

SRCE Guru Trades in Q4 2012

Jim Simons 9,907 sh (New)
» More
Q1 2013

SRCE Guru Trades in Q1 2013

Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with SRCE



No Insider Trades Found!

Ratios

vs
industry		 vs
history
P/E(ttm) 11.80
SRCE's P/E(ttm) is ranked higher than
64% of the 792 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.80 vs. SRCE: 11.80 )
SRCE' s 10-Year P/E(ttm) Range
Min: 8.08   Max: 37.92
Current: 11.8
8.08
37.92
P/B 1.06
SRCE's P/B is ranked lower than
52% of the 876 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.94 vs. SRCE: 1.06 )
SRCE' s 10-Year P/B Range
Min: 0.72   Max: 2.27
Current: 1.06
0.72
2.27
P/S 2.54
SRCE's P/S is ranked lower than
51% of the 894 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.45 vs. SRCE: 2.54 )
SRCE' s 10-Year P/S Range
Min: 1.22   Max: 4.37
Current: 2.54
1.22
4.37
PFCF 6.86
SRCE's PFCF is ranked higher than
50% of the 694 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. SRCE: 6.86 )
SRCE' s 10-Year PFCF Range
Min: 2.15   Max: 34.55
Current: 6.86
2.15
34.55
EV-to-EBIT 9.33
SRCE's EV-to-EBIT is ranked higher than
81% of the 745 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.84 vs. SRCE: 9.33 )
SRCE' s 10-Year EV-to-EBIT Range
Min: 5.8   Max: 47.3
Current: 9.33
5.8
47.3
PEG 1.06
SRCE's PEG is ranked lower than
54% of the 286 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. SRCE: 1.06 )
SRCE' s 10-Year PEG Range
Min: 0.9   Max: 381.33
Current: 1.06
0.9
381.33
Shiller P/E 15.63
SRCE's Shiller P/E is ranked lower than
100% of the Companies
in the Global Banks - Regional - US industry.

( Industry Median: vs. SRCE: 15.63 )
SRCE' s 10-Year Shiller P/E Range
Min: 10.09   Max: 25.33
Current: 15.63
10.09
25.33

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.81
SRCE's Dividend Yield is ranked higher than
75% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.59 vs. SRCE: 2.81 )
SRCE' s 10-Year Dividend Yield Range
Min: 1.22   Max: 4.21
Current: 2.81
1.22
4.21
Dividend Payout 0.4
SRCE's Dividend Payout is ranked lower than
55% of the 575 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.30 vs. SRCE: 0.4 )
SRCE' s 10-Year Dividend Payout Range
Min: 0.16   Max: 0.77
Current: 0.4
0.16
0.77
Dividend growth (3y) 2.8
SRCE's Dividend growth (3y) is ranked higher than
85% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.00 vs. SRCE: 2.8 )
SRCE' s 10-Year Dividend growth (3y) Range
Min: 2.2   Max: 12.3
Current: 2.8
2.2
12.3
Yield on cost (5-Year) 3.33
SRCE's Yield on cost (5-Year) is ranked higher than
79% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. SRCE: 3.33 )
SRCE' s 10-Year Yield on cost (5-Year) Range
Min: 1.45   Max: 5
Current: 3.33
1.45
5
Share Buyback Rate -0.1
SRCE's Share Buyback Rate is ranked higher than
56% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -0.30 vs. SRCE: -0.1 )
SRCE' s 10-Year Share Buyback Rate Range
Min: 0.5   Max: -1.8
Current: -0.1

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 1.2
SRCE's Price/Tangible Book is ranked lower than
63% of the 797 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. SRCE: 1.2 )
SRCE' s 10-Year Price/Tangible Book Range
Min: 1   Max: 2
Current: 1.2
1
2
Price/DCF (Projected) 0.4
SRCE's Price/DCF (Projected) is ranked higher than
62% of the 503 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. SRCE: 0.4 )
SRCE' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 0.6
Current: 0.4
0.3
0.6
Price/Median PS Value 1.1
SRCE's Price/Median PS Value is ranked lower than
67% of the 853 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. SRCE: 1.1 )
SRCE' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 1.6
Current: 1.1
0.8
1.6
Price/Peter Lynch Fair Value 1
SRCE's Price/Peter Lynch Fair Value is ranked lower than
60% of the 175 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. SRCE: 1 )
SRCE' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.9   Max: 2.5
Current: 1
0.9
2.5
Price/Graham Number 0.8
SRCE's Price/Graham Number is ranked lower than
51% of the 763 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. SRCE: 0.8 )
SRCE' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 1.4
Current: 0.8
0.7
1.4
Earnings Yield (Greenblatt) 10.70
SRCE's Earnings Yield (Greenblatt) is ranked higher than
84% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.20 vs. SRCE: 10.70 )
SRCE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.1   Max: 17.2
Current: 10.7
2.1
17.2
Forward Rate of Return (Yacktman) 20.72
SRCE's Forward Rate of Return (Yacktman) is ranked higher than
79% of the 902 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.38 vs. SRCE: 20.72 )
SRCE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.8   Max: 35.3
Current: 20.72
4.8
35.3

Business Description

1st Source Corporation is an Indiana corporation incorporated in 1971. The Company is a bank holding company that provides an array of financial products and services through its subsidiaries. Through its principal subsidiary 1st Source Bank, 1st Source offers commercial and consumer banking services, as well as trust and investment management, and insurance, to individual and business clients through most of its 75 banking center locations in 17 counties in Indiana and Michigan. 1st Source Bank's Specialty Finance Group, with 23 locations nationwide, offers specialized financing services for new and used private and cargo aircraft, automobiles and light trucks for leasing and rental agencies, medium and heavy duty trucks, construction equipment, and environmental equipment. 1st Source Bank is a wholly owned subsidiary of 1st Source Corporation that offers a range of consumer and commercial banking services through its lending operations, retail branches, and fee based businesses. The Bank provides commercial, small business, agricultural, and real estate loans to mainly privately owned business clients mainly located within its regional market area. Loans are made for a variety of general corporate purposes, including financing for industrial and commercial properties, financing for equipment, inventories and accounts receivable, and acquisition financing. Other services include commercial leasing and cash management services. It provides a full range of consumer banking services, including checking accounts, on-line banking including bill payment, telephone banking, savings programs, installment and real estate loans, home equity loans and lines of credit, drive-through and night deposit services, safe deposit facilities, automated teller machines, overdraft facilities, debit and credit card services, financial literacy seminars and brokerage services. The Bank provides a range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients. 1st Source Bank, through its Specialty Finance Group, provides a range of comprehensive lease and equipment finance products addressing the financing needs of diverse companies. 1st Source also generates equipment rental income through the leasing of construction equipment, various trucks, and other equipment to clients through operating leases. The Specialty Finance Group also consists of separate wholly owned subsidiaries of 1st Source Bank which include: Michigan Transportation Finance Corporation, 1st Source Specialty Finance, Inc., SFG Aircraft, Inc., 1st Source Intermediate Holding, LLC, 1st Source Commercial Aircraft Leasing, Inc., and SFG Equipment Leasing Corporation I. Trustcorp Mortgage Company, is a mortgage banking company and is a wholly owned subsidiary of 1st Source Corporation. 1st Source Insurance, Inc., is a wholly owned subsidiary of 1st Source Bank which provides insurance services to individuals and businesses covering corpora
Company Website
SEC Reports
Industry: Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR
» More Articles for SRCE

Headlines

Articles On GuruFocus.com
My 3 Favorite Dividend Champions with Highest Profit Margins May 09 2013 
The Best Stocks With Dividend Growth From Last Week (July 23 – July 29, 2012) Jul 29 2012 
1st Source Corp. Reports Operating Results (10-K) Feb 17 2011 
1st Source Corp. Reports Operating Results (10-Q) Oct 21 2010 
1st Source Corp. Reports Operating Results (10-Q) Jul 22 2010 
1st Source Corp. (SRCE) CEO Christopher J Iii Murphy buys 5,000 Shares Dec 16 2009 
1st Source Corp. (SRCE) CEO Christopher J Iii Murphy buys 5,000 Shares Nov 04 2009 
1st Source Corp. (SRCE) CEO Christopher J Iii Murphy buys 5,000 Shares Nov 04 2009 
1st Source Corp. Reports Operating Results (10-Q) Oct 22 2009 
1st Source Corp. Reports Operating Results (10-Q) Apr 24 2009 

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial