Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does 1st Source (SRCE) have what it takes?
1st Source demonstrates steady growth, conservative underwriting, and efficient cost control, resulting in strong credit quality and attractive long-term performance. Current valuation is fair, with a 2.5% yield and earnings/book multiples slightly below historical medians, supporting potential shareholder value. Macroeconomic and trade policy risks are present but are unlikely to materially impact profitability or prompt drastic Fed action in the near term.
Among 16 U.S. banks with the strongest/most consistent earnings growth South Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the seventh consecutive year. They are among just 16 U.S. Banks on the list, placing its long-term performance among the top 5% of eligible banks in the United States.
![]() SRCE In 2 months Estimated | Quarterly | $0.38 Per Share |
![]() SRCE 4 weeks ago Paid | Quarterly | $0.38 Per Share |
![]() SRCE 4 months ago Paid | Quarterly | $0.36 Per Share |
![]() SRCE 6 months ago Paid | Quarterly | $0.36 Per Share |
![]() SRCE 9 months ago Paid | Quarterly | $0.36 Per Share |
![]() SRCE 3 May 2024 Paid | Quarterly | $0.34 Per Share |
23 Jul 2025 (49 Days) Date | | - Cons. EPS | - EPS |
23 Apr 2025 Date | | - Cons. EPS | - EPS |
23 Jan 2025 Date | | 1.33 Cons. EPS | 1.41 EPS |
24 Oct 2024 Date | | 1.34 Cons. EPS | 1.41 EPS |
17 Oct 2024 Date | | - Cons. EPS | - EPS |
![]() SRCE In 2 months Estimated | Quarterly | $0.38 Per Share |
![]() SRCE 4 weeks ago Paid | Quarterly | $0.38 Per Share |
![]() SRCE 4 months ago Paid | Quarterly | $0.36 Per Share |
![]() SRCE 6 months ago Paid | Quarterly | $0.36 Per Share |
![]() SRCE 9 months ago Paid | Quarterly | $0.36 Per Share |
![]() SRCE 3 May 2024 Paid | Quarterly | $0.34 Per Share |
23 Jul 2025 (49 Days) Date | | - Cons. EPS | - EPS |
23 Apr 2025 Date | | - Cons. EPS | - EPS |
23 Jan 2025 Date | | 1.33 Cons. EPS | 1.41 EPS |
24 Oct 2024 Date | | 1.34 Cons. EPS | 1.41 EPS |
17 Oct 2024 Date | | - Cons. EPS | - EPS |
Banks - Regional Industry | Financial Services Sector | Mr. Christopher J. Murphy III CEO | NASDAQ (NGS) Exchange | 336901103 Cusip |
US Country | 1,205 Employees | 5 May 2025 Last Dividend | 3 Aug 2006 Last Split | 3 Sep 1996 IPO Date |
1st Source Corporation functions as the banking holding company for 1st Source Bank, offering a diversified suite of banking services. Catering to both individuals and businesses, it provides comprehensive solutions ranging from commercial and consumer banking services to trust and wealth advisory, along with insurance products. Established in 1863, the corporation is rooted in South Bend, Indiana, signifying a long-standing presence in the financial services sector. Through its extensive offerings, 1st Source Corporation aims to fulfill the varied financial needs and goals of its clients, emphasizing personalized service and financial well-being.
Consumer Banking Services: This spectrum includes checking and savings accounts, certificates of deposit, and individual retirement accounts complemented by digital banking avenues like online and mobile banking. Additionally, the bank provides consumer loans, real estate mortgage loans, home equity lines of credit, along with financial planning, literacy education, and consultative services. It also extends debit and credit card services to its clientele.
Commercial Banking Services: Catering to businesses, this range offers commercial, small business, agricultural, and real estate loans. These are aimed at addressing general corporate needs such as financing for industrial/commercial properties, equipment, inventories, accounts receivable, and renewable energy projects, including acquisition financing. The bank also specializes in commercial leasing, treasury management, and retirement planning services.
Trust and Wealth Advisory Services: These services are inclusive of managing estates and personal trusts alongside investment account management for individuals, employee benefit plans, and charitable foundations. This segment focuses on providing specialized trust, investment, agency, and custodial services.
Equipment Financing: 1st Source Corporation offers loan and lease financing options for a wide variety of equipment. This includes construction equipment, new and pre-owned aircraft, automobiles, and light to heavy-duty trucks, as well as industry-specific vehicles like step vans, vocational work trucks, motor coaches, shuttle buses, and funeral cars.
Insurance Products: The company provides a broad selection of insurance products and services. These encompass both corporate and personal property and casualty insurance, alongside individual and group health and life insurance offerings. Through this service, 1st Source Corporation aims to meet the comprehensive insurance needs of its clients, ensuring protection and peace of mind.