1ST SOURCE CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 49.32 USD | -3.56% |
|
-1.38% | -10.25% |
| Apr. 25 | Tranche Update on 1st Source Corporation's Equity Buyback Plan announced on October 19, 2023. | CI |
| Apr. 25 | Earnings Flash (SRCE) 1ST SOURCE CORPORATION Reports Q1 Revenue $94.1M | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,323 | 1,030 | 1,230 | 1,309 | 1,342 | 1,208 | - |
| Enterprise Value (EV) 1 | 1,323 | 1,030 | 1,230 | 1,309 | 1,342 | 1,208 | 1,208 |
| P/E ratio | 14.5 x | 12.7 x | 10.6 x | 11 x | 10.9 x | 10.8 x | 11 x |
| Yield | 2.12% | 2.8% | 2.44% | 2.37% | 2.37% | 2.74% | 2.82% |
| Capitalization / Revenue | 4.07 x | 3.12 x | 3.65 x | 3.68 x | 3.63 x | 3.22 x | 3.16 x |
| EV / Revenue | 4.07 x | 3.12 x | 3.65 x | 3.68 x | 3.63 x | 3.22 x | 3.16 x |
| EV / EBITDA | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | 1.6 x | 1.15 x | 1.34 x | 1.52 x | 1.36 x | 1.08 x | 1 x |
| Nbr of stocks (in thousands) | 25,509 | 25,554 | 24,798 | 24,657 | 24,429 | 24,490 | - |
| Reference price 2 | 51.88 | 40.30 | 49.60 | 53.09 | 54.95 | 49.32 | 49.32 |
| Announcement Date | 1/23/20 | 1/21/21 | 1/20/22 | 1/19/23 | 1/18/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 325 | 329.7 | 337.2 | 355.4 | 370 | 375.3 | 382.4 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | 136 | 142.3 | 151 | 170.7 | 168.3 | 151.2 | 148.4 |
| Operating Margin | 41.84% | 43.17% | 44.79% | 48.02% | 45.48% | 40.3% | 38.8% |
| Earnings before Tax (EBT) 1 | 120.2 | 106.3 | 154.9 | 156.8 | 161.7 | 145 | 144.7 |
| Net income 1 | 91.96 | 81.44 | 118.5 | 120.5 | 124.9 | 111 | 109.1 |
| Net margin | 28.3% | 24.7% | 35.15% | 33.91% | 33.76% | 29.59% | 28.52% |
| EPS 2 | 3.570 | 3.170 | 4.700 | 4.840 | 5.030 | 4.553 | 4.497 |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | 1.100 | 1.130 | 1.210 | 1.260 | 1.300 | 1.350 | 1.390 |
| Announcement Date | 1/23/20 | 1/21/21 | 1/20/22 | 1/19/23 | 1/18/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 84 | 82.76 | 86.42 | 91.12 | 94.95 | 93.11 | 91.46 | 93.86 | 91.57 | 94.22 | 93.98 | 94.11 | 94.2 | 93.41 | 94.86 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 35.26 | 37.43 | 40.76 | 45.79 | 46.57 | 43.74 | 42.3 | 43.7 | 38.6 | 44.63 | 38.56 | 38.09 | 37.08 | 35.55 | 37.06 |
| Operating Margin | 41.97% | 45.22% | 47.17% | 50.25% | 49.05% | 46.97% | 46.25% | 46.55% | 42.15% | 47.37% | 41.03% | 40.48% | 39.37% | 38.06% | 39.07% |
| Earnings before Tax (EBT) 1 | 36.27 | 35.19 | 38.13 | 42.44 | 41.02 | 40.42 | 42.07 | 42.67 | 36.52 | 37.89 | 36.7 | 36.63 | 35.12 | 33.84 | 35.09 |
| Net income 1 | 27.72 | 27.39 | 29.31 | 32.74 | 31.07 | 31.12 | 32.44 | 32.94 | 28.43 | 29.46 | 28.39 | 28.01 | 26.87 | 25.69 | 26.96 |
| Net margin | 33% | 33.09% | 33.92% | 35.93% | 32.72% | 33.43% | 35.46% | 35.09% | 31.05% | 31.26% | 30.2% | 29.77% | 28.53% | 27.5% | 28.42% |
| EPS 2 | 1.110 | 1.100 | 1.180 | 1.320 | 1.250 | 1.250 | 1.300 | 1.320 | 1.150 | 1.190 | 1.163 | 1.150 | 1.103 | 1.060 | 1.113 |
| Dividend per Share 2 | 0.3100 | 0.3100 | 0.3100 | 0.3200 | 0.3200 | 0.3200 | 0.3200 | 0.3200 | 0.3400 | - | 0.3367 | 0.3367 | 0.3433 | 0.3433 | 0.3467 |
| Announcement Date | 1/20/22 | 4/21/22 | 7/21/22 | 10/20/22 | 1/19/23 | 4/20/23 | 7/20/23 | 10/19/23 | 1/18/24 | 4/25/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 11.5% | 9.41% | 13.1% | 13.8% | 13.5% | 10.9% | 10% |
| ROA (Net income/ Total Assets) | 1.41% | 1.14% | 1.53% | 1.49% | 1.48% | 1.27% | 1.21% |
| Assets 1 | 6,522 | 7,144 | 7,747 | 8,088 | 8,441 | 8,721 | 9,039 |
| Book Value Per Share 2 | 32.50 | 34.90 | 37.00 | 35.00 | 40.50 | 45.80 | 49.20 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - |
| Announcement Date | 1/23/20 | 1/21/21 | 1/20/22 | 1/19/23 | 1/18/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
49.32
USD
Average target price
56
USD
Spread / Average Target
+13.54%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.25% | 1.21B | |
| +16.61% | 210B | |
| +2.39% | 73.14B | |
| +7.99% | 54.82B | |
| +13.25% | 47B | |
| +1.36% | 47.1B | |
| +19.29% | 44.81B | |
| +10.93% | 36.6B | |
| -16.21% | 35.14B | |
| -96.60% | 32.24B |
- Stock Market
- Equities
- SRCE Stock
- Financials 1st Source Corporation
