1st Source (SRCE) Expected to Announce Quarterly Earnings on Thursday

1st Source (NASDAQ:SRCE) will likely be announcing its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect the company to announce earnings of $1.63 per share and revenue of $111.8760 million for the quarter. Investors may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, April 30, 2026 at 4:00 PM ET.

1st Source (NASDAQ:SRCE) last released its earnings results on Friday, January 23rd. The financial services provider reported $1.67 earnings per share for the quarter. The business had revenue of $115.39 million for the quarter. 1st Source had a net margin of 26.38% and a return on equity of 12.44%. On average, analysts expect 1st Source to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

1st Source Stock Performance

1st Source stock opened at $74.76 on Tuesday. The firm’s 50 day simple moving average is $69.70 and its 200-day simple moving average is $65.46. The company has a market cap of $1.82 billion, a P/E ratio of 11.66 and a beta of 0.58. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.96 and a quick ratio of 0.96. 1st Source has a fifty-two week low of $53.63 and a fifty-two week high of $75.64.

1st Source Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Tuesday, February 3rd were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, February 3rd. 1st Source’s dividend payout ratio (DPR) is 24.96%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. grew its position in 1st Source by 1.2% during the fourth quarter. Russell Investments Group Ltd. now owns 16,687 shares of the financial services provider’s stock valued at $1,043,000 after purchasing an additional 206 shares in the last quarter. Engineers Gate Manager LP grew its position in 1st Source by 8.9% during the second quarter. Engineers Gate Manager LP now owns 3,726 shares of the financial services provider’s stock valued at $231,000 after purchasing an additional 304 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in 1st Source by 562.1% during the second quarter. EverSource Wealth Advisors LLC now owns 437 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 371 shares in the last quarter. Zacks Investment Management grew its position in 1st Source by 4.2% during the third quarter. Zacks Investment Management now owns 9,613 shares of the financial services provider’s stock valued at $592,000 after purchasing an additional 388 shares in the last quarter. Finally, Man Group plc grew its position in 1st Source by 3.6% during the fourth quarter. Man Group plc now owns 11,933 shares of the financial services provider’s stock valued at $746,000 after purchasing an additional 413 shares in the last quarter. 74.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SRCE shares. Piper Sandler lifted their target price on shares of 1st Source from $80.00 to $83.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. DA Davidson lifted their target price on shares of 1st Source from $69.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings raised shares of 1st Source from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, 1st Source presently has an average rating of “Moderate Buy” and an average target price of $75.33.

About 1st Source

1st Source Corporation is a bank holding company headquartered in South Bend, Indiana, operating through its wholly owned subsidiary, 1st Source Bank. The company offers a full range of commercial and consumer banking products, including checking and savings accounts, business and commercial lending, residential mortgage loans, and cash management services. Its client base spans small and medium-sized businesses, agribusinesses, professional firms, and individual consumers primarily across northern Indiana and southwestern Michigan.

In addition to traditional banking services, 1st Source Corporation provides wealth management and trust services through its 1st Source Wealth Management division.