← Markets

1st Source Corporation

SRCE · NASDAQ

Market closed$83.48$-1.37 (-1.61%)After hours $83.48 · 0.00%

Key statistics

Previous close$84.85
Open$83.75
Day high$84.30
Day low$83.02
52-week high$86.64
52-week low$56.89
Market cap2.01B
Volume115.67K
Average volume130.92K
P/E ratio12.80
Forward P/E—
EPS6.52
Dividend yield+1.93%

Market context

Why it moved

SRCE shares declined as investors grew cautious ahead of the company's upcoming July 23 quarterly earnings report, with the stock pulling back after a strong recent run that had left it trading above analyst price targets and raised concerns about potential disappointment relative to already-tempered earnings expectations.

StocktaperSimplywallScenenowYelpUspa

What is happening

Recent company-specific developments and publisher coverage.

July 17, 20261st Source Corporation closed down modestly ahead of its Q2 2026 earnings report scheduled for July 23, even as broader regional bank sentiment remained broadly constructive. The pullback came against a mixed backdrop: while sector peers benefited earlier in the week from softer CPI and PPI data cooling rate-hike fears, Friday's session was weighed down by tech-driven market weakness, escalating U.S.-Iran tensions, and a risk-off tone. Investors are closely watching next week's results, with analysts expecting $1.71 EPS and $114.1M in revenue — and credit quality and net interest income trends will be key focal points given the stock's 43% rally off its 52-week low.

-1.6146

July 17, 20261st Source Corporation rose ahead of its Q2 2026 earnings report scheduled for July 23, riding a wave of sector optimism as regional bank peers like Citizens Financial Group and M&T Bank beat Q2 estimates and the broader financial sector ETF (XLF) touched 52-week highs. Softer-than-expected June CPI data eased rate hike fears, a favorable backdrop for regional lenders, while analysts forecast 1st Source will post $1.71 EPS and $114.1M in revenue—representing 13.3% year-over-year EPS growth—after Piper Sandler raised its price target to $88 with an 'overweight' rating.

3.1862

July 15, 20261st Source Corporation edged higher, with shares closing up roughly 0.90% amid a broadly constructive session for regional bank stocks. The key focus for investors is Thursday's scheduled Q2 earnings report, with credit quality and net interest margins front and center given the current macro backdrop of cooling June CPI (3.5% y/y), renewed oil price pressure from U.S.-Iran tensions, and a cautious Fed under Chair Kevin Warsh. The financial sector ETF XLF touched a 52-week high, reflecting the tailwind from strong big-bank Q2 beats this week, setting a high bar for regional names like 1st Source.

0.8957

July 14, 20261st Source Corporation closed essentially flat amid a busy week for the regional banking sector, with earnings reports from major peers including Truist, Fifth Third, PNC, and M&T Bank drawing investor attention. The broader regional bank group has rallied over 14% year-to-date, buoyed by resilient lending fundamentals, while macro headwinds — including a hawkish Fed under Chair Kevin Warsh, rising oil prices tied to renewed U.S.-Iran tensions, and June CPI cooling to 3.5% — are reshaping the rate outlook and funding cost dynamics across the industry.

-0.2936

July 13, 20261st Source Corporation edged higher in after-hours trading as the regional banking sector rides a wave of positive momentum ahead of a pivotal Q2 earnings season. The XLF financial sector ETF closed solidly higher, with the KRE regional bank ETF recently hitting all-time highs, supported by rising net interest margins as Treasury yields climb above key levels—the 10-year above 4.5% and the 30-year above 5%. Investors are weighing rising rates as a tailwind for asset-sensitive community banks like 1st Source while monitoring macro risks including renewed U.S.-Iran tensions and upcoming Fed Chair Kevin Warsh testimony.

0.3684

July 10, 20261st Source Corporation closed modestly higher, edging up alongside a broader regional bank sector that remains in focus ahead of Q2 earnings season. The company is set to report Q2 2026 results on July 16, with analysts expecting revenue of $114.13M and EPS of $1.71—both modest improvements over Q1. The bank has consistently beaten estimates in recent quarters, making the upcoming report a key catalyst to watch. The Federal Reserve's rate posture, with the benchmark held at 3.50%-3.75% and a potential hike signaled for later in the year, continues to shape sentiment across regional banks.

0.3574

July 9, 20261st Source Corporation edged higher on Thursday, closing up modestly as investors look ahead to its Q2 2026 earnings release scheduled for July 16, with revenue estimates around $114 million. The broader regional banking sector is finding support from rising interest rates and UBS's constructive outlook on bank earnings, though renewed US-Iran geopolitical tensions have rekindled inflation fears and pushed Treasury yields higher — a mixed backdrop for regional lenders heading into earnings season.

0.7949

July 8, 20261st Source Corporation closed lower alongside broader financial sector weakness, as geopolitical tensions in the Middle East — including a fresh exchange of U.S.-Iran strikes threatening Strait of Hormuz oil flows — drove risk-off sentiment and weighed on regional bank stocks. Despite the pullback, the regional banking backdrop remains constructive ahead of Q2 earnings season, with Weiss Ratings reiterating a Buy (A-) rating on the stock as recently as July 2, and UBS noting that regional banks still offer relatively attractive valuations versus large-cap peers. A July 6 amended 13G filing also revealed insider Oliver Carmichael III holds a 4.9% beneficial stake, signaling continued concentrated ownership interest.

-1.4686

Simply Wall Street · July 18, 20261st Source (SRCE) Heads Into July 23 Earnings On A Pricier Than Expected ValuationMarketBeat · July 16, 20261st Source (SRCE) Expected to Announce Quarterly Earnings on ThursdayInvesting.com · July 15, 2026Investors brace for 1st Source earnings as credit quality looms By Investing.comSimply Wall Street · July 2, 2026Is 1st Source (SRCE) Expensive Following Analyst Momentum And Rising Earnings Estimates?TMX Newsfile · May 7, 20261st Source Makes KBW Bank Honor Roll for 8th Consecutive YearMoomoo · October 16, 2024Institutional Investors Have a Lot Riding on 1st Source Corporation (NASDAQ:SRCE) With 48% Ownership
Benzinga · April 27, 2026Piper Sandler Maintains Overweight on 1st Source, Raises Price Target to $88
Mt Newswire · April 23, 2026Earnings Flash (SRCE) 1st Source Corporation Reports Q1 Revenue $113.1M, vs. FactSet Est of $112.0M
Benzinga · January 28, 2026DA Davidson Maintains Neutral on 1st Source, Raises Price Target to $74
Benzinga · January 26, 2026Piper Sandler Maintains Overweight on 1st Source, Raises Price Target to $83
Benzinga · January 23, 20261st Source Q4 EPS $1.67 Beats $1.61 Estimate, Sales $110.832M Miss $110.920M Estimate
Mt Newswire · October 23, 20251st Source Q3 Earnings, Revenue Increase
Mt Newswire · October 23, 2025-- Earnings Flash (SRCE) 1st Source Posts Q3 EPS $1.71, vs. FactSet Est of $1.60
Mt Newswire · October 23, 2025-- Earnings Flash (SRCE) 1st Source Corporation Reports Q3 Revenue $110.7M, vs. FactSet Est of $109.4M

Peers

S&P 500SPX · $7,457.69-1.01%First Busey CorporationBUSE · $29.99-1.38%Community Bankers' CorporationCTYP · $10.00-0.60%Horizon Bancorp, Inc.HBNC · $20.30-1.26%Old National BancorpONB · $26.74-2.02%Madison County Financial, Inc.MCBK · $31.91+0.44%Mercantile Bank CorporationMBWM · $57.80-1.62%Glacier Bancorp, Inc.GBCI · $53.57-1.72%QCR Holdings, Inc.QCRH · $98.60-1.55%Lakeland Financial CorporationLKFN · $62.68-1.46%