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.
1st |
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 2024.1st 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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Net Profit Margin | 0.17 | 0.2461 |
|
| |||||
Pretax Profit Margin | 0.24 | 0.3186 |
|
| |||||
Return On Assets | 0.0084 | 0.0143 |
|
| |||||
Return On Equity | 0.12 | 0.1262 |
|
|
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.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total 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 III | CEO President | Profile | |
CTP CFA | President Bank | Profile | |
Andrea Short | CFO, Executive VP, Treasurer, CFO of 1st Source Bank, Executive VP of 1st Source Bank and Treasurer of 1st Source Bank | Profile | |
Jeffrey Buhr | Chief Credit Officer of 1st Source Bank and Executive VP of 1st Source Bank | Profile | |
John Griffith | Executive VP, General Counsel, Secretary, Executive VP of 1st Source Bank, General Counsel of 1st Source Bank and Secretary of 1st Source Bank | Profile | |
Greg Brown | Pres Division | Profile | |
Chris Strafford | VP | Profile | |
Kevin Murphy | Executive Officer | Profile | |
Lawrence Mayers | Regional Bank | Profile | |
Lanny Scoby | City Bank | Profile | |
Brett Bauer | CFO VP | Profile |
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 Reported | Projected 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 Employee | 433.8K | |
Revenue Per Executive | 46.1M | |
Net Income Per Employee | 106.8K | |
Net Income Per Executive | 11.4M |
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.
Complementary Tools for 1st Stock analysis
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.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
CEOs Directory Screen CEOs from public companies around the world |
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.