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Ken GriffinAdded
Citadel Advisors · Q2 2026
$6.5M
79.64K shares · 0.0% of portfolio
1st Source Corp
1st Source Corp (SRCE) is listed on NASDAQ and classified in Banks - Regional, part of the Financial Services sector. It is headquartered in South Bend, United States and has 1,190 employees. The company is worth $2.1B and trades at 12.5x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $433.78M in fiscal 2025, up 12.1% from the year before. Net income was $158.26M. The share price is 4.7% below its 52-week high of $91.46. It pays a dividend yielding 1.93%, and has raised its annual dividend for 9 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $10.89M. In that quarter, 3 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +85.8% over 5Y.
today you would have $2,021.00▲ +102.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 17 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $62.49 | $58.38 | $54.95 | $53.09 | $49.60 | $40.30 | $51.88 | $40.34 | $49.45 | $44.66 | $30.87 | $34.31 | $31.94 | $22.09 | $25.33 | $20.24 | $16.09 | |
| P/E |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 15.1% a year plus a 1.9% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 12.9 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| PLGOPelagos Insurance Capital Ltd | $25.36 | 6.2x | 0.9x | 2.37% | 17.64% | $2.1B |
| CLSKCleanspark Inc | $8.15 | — | 2.7x | 0.00% | -68.62% | $2.09B |
| TBBKBancorp, Inc. | $51.14 | 9.4x | 3.0x | 0.00% | 29.63% | $2.09B |
| FCFFirst Commonwealth Financial Corp | $21.06 |
| 12.9x |
| 9.7x |
| 10.9x |
| 10.9x |
| 11.0x |
| 10.6x |
| 12.7x |
| 14.5x |
| 12.8x |
| 19.0x |
| 20.1x |
| 14.2x |
| 15.8x |
| 15.7x |
| 10.9x |
| 12.9x |
| 16.7x |
| 20.4x |
| P/S | 3.5x | 3.5x | 3.7x | 3.6x | 3.7x | 3.6x | 3.1x | 4.1x | 3.3x | 4.5x | 4.5x | 3.2x | 3.4x | 3.3x | 2.3x | 2.7x | 2.1x | — |
| P/B | 1.3x | 1.2x | 1.3x | 1.4x | 1.5x | 1.3x | 1.1x | 1.6x | 1.4x | 1.8x | 1.7x | 1.2x | 1.3x | 1.3x | 1.0x | 1.2x | 1.0x | — |
| EPS | $6.41 | $5.36 | $5.03 | $4.84 | $4.70 | $3.17 | $3.57 | $3.16 | $2.60 | $2.22 | $2.17 | $2.17 | $2.03 | $2.02 | $1.96 | $1.21 | $0.79 |
| Dividend yield | 2.38% | 2.43% | 2.40% | 2.37% | 2.37% | 2.44% | 2.80% | 2.12% | 2.38% | 1.54% | 1.61% | 2.33% | 2.07% | 2.13% | 2.99% | 2.53% | 3.01% | 3.67% |
| Payout | 32.43% | 23.71% | 26.12% | 25.84% | 26.03% | 25.74% | 35.65% | 30.81% | 30.38% | 29.23% | 32.43% | 33.18% | 32.72% | 33.50% | 32.67% | 32.65% | 50.41% | 74.68% |
| Profit margin | 24.38% | 36.48% | 34.26% | 33.83% | 33.98% | 35.21% | 24.71% | 28.31% | 26.50% | 23.93% | 22.35% | 23.01% | 24.38% | 23.48% | 21.30% | 21.02% | 17.61% | 11.93% |
| ROE | 9.45% | 12.41% | 11.94% | 12.63% | 13.95% | 12.94% | 9.19% | 11.11% | 10.81% | 9.47% | 8.59% | 8.93% | 9.45% | 9.39% | 8.88% | 9.20% | 8.48% | 4.47% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+17.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.9x |
| 1.4x |
| 2.66% |
| 10.91% |
| $2.13B |
| ECPGEncore Capital Group Inc | $100.36 | 7.6x | 2.0x | 0.00% | 30.54% | $2.13B |
| HTHHilltop Holdings Inc. | $37.28 | 13.5x | 1.0x | 2.15% | 7.60% | $2.14B |