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Annual · values202520242023202220212020201920182017201620152014
Gross Margin
Operating Margin
EBITDA Margin
Net Margin36.48%34.26%33.83%33.98%35.21%24.71%32.53%32.03%32.04%30.13%31.13%32.52%
Current Ratio
Quick Ratio
Debt / Equity0.240.280.370.330.320.290.170.260.300.430.360.40
ROE12.01%11.22%11.70%13.05%12.23%8.75%10.84%10.79%9.47%8.59%8.93%9.45%
ROA1.75%1.48%1.43%1.45%1.46%1.11%1.39%1.31%1.16%1.05%1.11%1.20%
Asset Turnover0.050.040.040.040.040.050.040.040.040.030.040.04
Book Value / Share53.8348.2343.4037.4238.7236.4633.1529.4427.7225.9924.6125.57

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.