# 1st Source Corporation (SRCE)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $1.90B  
**Price:** $77.58 (+1.15%)

> 1st Source Corporation is a regional financial institution providing a range of banking and financial services. Its primary function is to offer tailored banking solutions to businesses and individuals in the Midwest United States. With a strong emphasis on community banking, 1st Source Corporation offers products such as personal and commercial loans, checking and savings accounts, and investment management services. It significantly impacts sectors like agriculture, manufacturing, and small business through its specialized financing programs. Founded in 1863 and headquartered in South Bend, Indiana, 1st Source has established a trustworthy reputation by focusing on customer satisfaction and regional economic growth. It plays a vital role in supporting local economies by providing accessible financial resources and guidance, which are essential for business development and community prosperity.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $514M | — | — | — | — |
| 2024 | $484M | — | — | — | — |
| 2023 | $417M | — | — | — | — |
| 2022 | $294M | — | — | — | — |
| 2021 | $255M | — | — | — | — |
| 2020 | $263M | — | — | — | — |
| 2019 | $283M | — | — | — | — |
| 2018 | $257M | — | — | — | — |
| 2017 | $212M | — | — | $68M | — |
| 2016 | $192M | — | — | $58M | — |
| 2015 | $185M | — | — | $57M | — |
| 2014 | $179M | — | — | $58M | — |
| 2013 | $180M | — | — | $55M | — |
| 2012 | $182M | — | — | $50M | — |
| 2011 | $188M | — | — | $48M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $9.06B | $7.74B | $1.27B | — | — |
| 2024 | $8.93B | $7.75B | $1.11B | — | — |
| 2023 | $8.73B | $7.66B | $990M | — | — |
| 2022 | $8.34B | $7.42B | $864M | — | — |
| 2021 | $8.10B | $7.13B | $916M | — | — |
| 2020 | $7.32B | $6.39B | $887M | — | — |
| 2019 | $6.62B | $5.77B | $828M | $83M | — |
| 2018 | $6.29B | $5.53B | $762M | $99M | — |
| 2017 | $5.89B | $5.17B | $719M | $78M | — |
| 2016 | $5.49B | $4.81B | $673M | $108M | — |
| 2015 | $5.19B | $4.54B | $644M | $80M | — |
| 2014 | $4.83B | $4.22B | $614M | $66M | — |
| 2013 | $4.72B | $4.14B | $585M | $80M | — |
| 2012 | $4.55B | $3.99B | $559M | $84M | — |
| 2011 | $4.37B | $3.85B | $524M | $114M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $223M | $10M | $213M |
| 2024 | $194M | $12M | $181M |
| 2023 | $188M | $6M | $182M |
| 2022 | $176M | $2M | $173M |
| 2021 | $167M | $3M | $164M |
| 2020 | $154M | $3M | $152M |
| 2019 | $165M | $8M | $157M |
| 2018 | $160M | $3M | $157M |
| 2017 | $140M | $5M | $134M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SRCE)