1st Source Corp (SRCE) Files 10-K for the Fiscal Year Ended on December 31, 2018

1st Source Corp (SRCE, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 1st Source Corp through its subsidiary offers commercial, agricultural, and real estate loans, consumer services, trust and wealth advisory services, and specialty finance group services. 1st Source Corp has a market cap of $1.23 billion; its shares were traded at around $47.65 with a P/E ratio of 15.14 and P/S ratio of 4.09. The dividend yield of 1st Source Corp stocks is 2.12%.

For the last quarter 1st Source Corp reported a revenue of $80.0 million, compared with the revenue of $74.49 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $311.0 million, an increase of 9.4% from last year. For the last five years 1st Source Corp had an average revenue growth rate of 5.8% a year.

The reported diluted earnings per share was $3.16 for the year, an increase of 21.5% from previous year. Over the last five years 1st Source Corp had an EPS growth rate of 8.3% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, 1st Source Corp has the cash and cash equivalents of $94.9 million, compared with $73.6 million in the previous year. The long term debt was $129.9 million, compared with $128.8 million in the previous year. 1st Source Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $47.65, 1st Source Corp is traded at 40.8% premium to its historical median P/S valuation band of $33.84. The P/S ratio of the stock is 4.09, while the historical median P/S ratio is 2.88. The stock lost 3.32% during the past 12 months.

For the complete 20-year historical financial data of SRCE, click here.