1st Source Company Insiders

SRCE Stock  USD 52.20  0.33  0.64%   
1st Source employs about 1.2 K people. The company is managed by 11 executives with a total tenure of roughly 33 years, averaging almost 3.0 years of service per executive, having 106.36 employees per reported executive. Evaluation of 1st Source's management performance can provide insight into the firm performance.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.

1st Source's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with 1st Source's future performance. Based on our forecasts, it is anticipated that 1st will maintain a workforce of about 1170 employees by June 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

1st Source Management Team Effectiveness

The company has return on total asset (ROA) of 0.0145 % which means that it generated a profit of $0.0145 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1203 %, meaning that it created $0.1203 on every $100 dollars invested by stockholders. 1st Source's management efficiency ratios could be used to measure how well 1st Source manages its routine affairs as well as how well it operates its assets and liabilities. As of May 15, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to -0. At present, 1st Source's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.02, whereas Other Assets are forecasted to decline to 0.95.
The current year's Net Income Applicable To Common Shares is expected to grow to about 145.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 21.7 M.

1st Source Workforce Comparison

1st Source is currently regarded as top stock in number of employees category among related companies. The total workforce of Financials industry is at this time estimated at about 8,375. 1st Source retains roughly 1,170 in number of employees claiming about 14% of equities under Financials industry.

1st Source Profit Margins

The company has Profit Margin (PM) of 0.34 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.45 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.45.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.170.2461
Way Down
Slightly volatile
Pretax Profit Margin0.240.3186
Way Down
Pretty Stable
Return On Assets0.00840.0143
Way Down
Slightly volatile
Return On Equity0.120.1262
Notably Down
Slightly volatile

1st Source Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific 1st Source insiders, such as employees or executives, is commonly permitted as long as it does not rely on 1st Source's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, 1st Source insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-03-01
5.5
11
2
 10,207 
 761.00 
2023-12-01
2.75
11
4
 4,062 
 24,956 
2022-12-01
2.3333
7
3
 1,600 
 0.00 
2022-06-01
12.0
12
1
 13,434 
 0.00 
2021-12-01
7.0
7
1
 3,606 
 0.00 
2021-09-01
10.0
10
1
 9,466 
 0.00 
2021-06-01
3.6667
11
3
 11,036 
 2,200 
2021-03-01
5.0
10
2
 12,694 
 9,370 
2020-09-01
4.0
4
1
 2,644 
 0.00 
2019-12-01
2.0
4
2
 622.00 
 2,896 
2018-12-01
6.0
12
2
 2,461 
 0.00 
2018-09-01
4.5
9
2
 1,124 
 2,000 
2018-06-01
4.0
8
2
 4,135 
 0.00 
2018-03-01
4.0
8
2
 12,866 
 8,500 
2017-03-01
7.0
7
1
 14,368 
 1,000.00 
2016-12-01
1.5
3
2
 839.00 
 2,500 
2016-09-01
0.2143
3
14
 920.00 
 10,000 
2016-03-01
1.2222
11
9
 15,083 
 5,046 
2015-12-01
0.1538
4
26
 1,009 
 1,110,618 
2015-09-01
3.0
3
1
 992.00 
 2,500 
2015-06-01
3.5
7
2
 7,886 
 1,542 
2015-03-01
1.0588
18
17
 17,491 
 40,155 
2014-12-01
0.4286
3
7
 192.00 
 0.00 
2014-09-01
10.0
10
1
 7,800 
 1,090 
2014-03-01
5.0
5
1
 24,123 
 0.00 
2013-06-01
1.0
1
1
 200.00 
 0.00 
2013-03-01
0.3333
6
18
 16,850 
 124,899 
2012-12-01
0.1538
2
13
 15,000 
 51,448 
2012-03-01
6.0
6
1
 15,933 
 2,017 
2011-09-01
17.0
17
1
 73,503 
 6,003 
2011-06-01
1.6667
10
6
 30,452 
 22,000 
2011-03-01
2.5
10
4
 5,030 
 7,451 
2010-03-01
2.0
10
5
 53,141 
 11,456 
2009-12-01
0.3684
7
19
 17,700 
 0.00 
2009-09-01
12.0
12
1
 11,113 
 2,163 
2009-03-01
3.25
13
4
 14,511 
 13,444 
2008-12-01
0.3636
4
11
 2,400 
 0.00 
2008-03-01
1.0
2
2
 4,813 
 5,575 
2007-12-01
1.3846
18
13
 24,212 
 4,599 
2007-06-01
11.0
11
1
 219,559 
 5,790 
2007-03-01
3.25
13
4
 42,475 
 37,342 
2006-12-01
0.6667
10
15
 33,485 
 519.00 
2006-06-01
0.1667
2
12
 13,014 
 56,486 
2006-03-01
0.4
4
10
 19,664 
 36,706 
2005-12-01
0.4286
6
14
 10,868 
 4,486 
2005-09-01
0.3333
1
3
 8,171 
 20,579 
2005-06-01
0.6667
2
3
 9,175 
 22,157 
2004-12-01
0.9231
12
13
 14,032 
 6,500 
2004-09-01
0.8
4
5
 168,661 
 185,041 
2004-06-01
0.3846
5
13
 24,624 
 45,908 
2004-03-01
1.5714
11
7
 18,833 
 24,254 
2003-12-01
0.8571
6
7
 16,733 
 15,511 

1st Source Notable Stakeholders

A 1st Source stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as 1st Source often face trade-offs trying to please all of them. 1st Source's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting 1st Source's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Christopher IIICEO PresidentProfile
CTP CFAPresident BankProfile
Andrea ShortCFO, Executive VP, Treasurer, CFO of 1st Source Bank, Executive VP of 1st Source Bank and Treasurer of 1st Source BankProfile
Jeffrey BuhrChief Credit Officer of 1st Source Bank and Executive VP of 1st Source BankProfile
John GriffithExecutive VP, General Counsel, Secretary, Executive VP of 1st Source Bank, General Counsel of 1st Source Bank and Secretary of 1st Source BankProfile
Greg BrownPres DivisionProfile
Chris StraffordVPProfile
Kevin MurphyExecutive OfficerProfile
Lawrence MayersRegional BankProfile
Lanny ScobyCity BankProfile
Brett BauerCFO VPProfile

About 1st Source Management Performance

The success or failure of an entity such as 1st Source often depends on how effective the management is. 1st Source management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of 1st management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the 1st management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed(0.00000162)(0.000002)
Return On Assets 0.01  0.01 
Return On Equity 0.13  0.12 
The data published in 1st Source's official financial statements usually reflect 1st Source's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of 1st Source. For example, before you start analyzing numbers published by 1st accountants, it's critical to develop an understanding of what 1st Source's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of 1st Source's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 1st Source's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in 1st Source's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 1st Source. Please utilize our Beneish M Score to check the likelihood of 1st Source's management manipulating its earnings.

1st Source Workforce Analysis

Traditionally, organizations such as 1st Source use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare 1st Source within its industry.

1st Source Manpower Efficiency

Return on 1st Source Manpower

Revenue Per Employee433.8K
Revenue Per Executive46.1M
Net Income Per Employee106.8K
Net Income Per Executive11.4M
When determining whether 1st Source is a strong investment it is important to analyze 1st Source's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 1st Source's future performance. For an informed investment choice regarding 1st Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1st Source. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade 1st Stock refer to our How to Trade 1st Stock guide.
Note that the 1st Source information on this page should be used as a complementary analysis to other 1st Source's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running 1st Source's price analysis, check to measure 1st Source's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1st Source is operating at the current time. Most of 1st Source's value examination focuses on studying past and present price action to predict the probability of 1st Source's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1st Source's price. Additionally, you may evaluate how the addition of 1st Source to your portfolios can decrease your overall portfolio volatility.
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Is 1st Source's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 1st Source. If investors know 1st will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 1st Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
1.34
Earnings Share
4.97
Revenue Per Share
14.701
Quarterly Revenue Growth
(0.03)
The market value of 1st Source is measured differently than its book value, which is the value of 1st that is recorded on the company's balance sheet. Investors also form their own opinion of 1st Source's value that differs from its market value or its book value, called intrinsic value, which is 1st Source's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 1st Source's market value can be influenced by many factors that don't directly affect 1st Source's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 1st Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1st Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1st Source's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.