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SRCE (1st Source) 5-Year Yield-on-Cost % : 2.96 (As of Dec. 13, 2024)


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What is 1st Source 5-Year Yield-on-Cost %?

1st Source's yield on cost for the quarter that ended in Sep. 2024 was 2.96.


The historical rank and industry rank for 1st Source's 5-Year Yield-on-Cost % or its related term are showing as below:

SRCE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.86   Med: 3.01   Max: 5.27
Current: 2.96


During the past 13 years, 1st Source's highest Yield on Cost was 5.27. The lowest was 1.86. And the median was 3.01.


SRCE's 5-Year Yield-on-Cost % is ranked worse than
75.1% of 1233 companies
in the Banks industry
Industry Median: 4.59 vs SRCE: 2.96

Competitive Comparison of 1st Source's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, 1st Source's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


1st Source's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, 1st Source's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where 1st Source's 5-Year Yield-on-Cost % falls into.



1st Source 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of 1st Source is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

1st Source  (NAS:SRCE) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


1st Source 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of 1st Source's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


1st Source Business Description

Traded in Other Exchanges
N/A
Address
100 North Michigan Street, South Bend, IN, USA, 46601
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services and Insurance services to individuals and business clients. Its Specialty Finance Group offers financing services for construction equipment, new and pre-owned private and cargo aircraft, and various vehicle types for fleet purposes.
Executives
Jeffrey L Buhr officer: Senior Vice President PO BOX 1602, SOUTH BEND IN 46634
Daniel B Fitzpatrick director 4220 EDISON LAKES PKWY, C/O QUALITY DINING INC, MISHAWAKA IN 46545
Mark D Schwabero director BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Isaac P. Torres director P O BOX 1602, SOUTH BEND IN 46634
Brett A. Bauer officer: Treasurer and CFO P O BOX 1602, SOUTH BEND IN 46634
Andrea G Short officer: Treasurer and CFO PO BOX 1602, SOUTH BEND IN 46634
Weybright Ronda Shrewsbury director P O BOX 1602, SOUTH BEND IN 46634
Tracy D Graham director PO BOX 1602, SOUTH BEND IN 46634
John T Phair director P.O. BOX 1602, SOUTH BEND IN 46634
Melody Birmingham-byrd director PO BOX 1602, SOUTH BEND IN 46634
Todd F. Schurz director P O BOX 1602, SOUTH BEND IN 46634
Murphy Christopher J Iii director, officer: Chairman, CEO P O BOX 1602, SOUTH BEND IN 46634
Carmen C Murphy 10 percent owner 1237 EAST JEFFERSON BOULEVARD, SOUTH BEND IN 46617
John B Griffith officer: Sr. VP/Secy. 1st Source Bank P O BOX 1602, SOUTH BEND IN 46634
John Afleck-graves director 3820 EDISON LAKES PARKWAY, MISHAWAKA IN 46545