Zacks Investment Research·Oct 28, 2026
1st Source (SRCE) Upgraded to Buy: Here's What You Should Know1st Source (SRCE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
1st Source Corporation's Q3 2026 diluted EPS of $2.03, up 18.7% year-over-year, appears buoyed by a near-zero $903K provision versus a $7.3M build in Q1 2026, suggesting reserve releases and an efficiency ratio improvement to 45.9% from 57.2% two years ago are carrying much of the earnings beat.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $2.03+10.9% vs $1.83 | $119M+0.6% vs $118M |
Q3 2026 Jul 23, 2026 | $1.95+14.0% vs $1.71 | $117M+2.6% vs $114M |
Q2 2026 Apr 23, 2026 | $1.63+0.0% vs $1.63 | $113M+1.0% vs $112M |
Q1 2026 Jan 22, 2026 | $1.67+3.1% vs $1.62 | $115M+4.0% vs $111M |
1st Source (SRCE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
1st Source (SRCE) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.71 per share a year ago.
The headline numbers for 1st Source (SRCE) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
QUARTERLY HIGHLIGHTS Net income was $49.54 million for the quarter, up $2.00 million or 4.20% from the previous quarter and up $7.25 million or 17.13% from the third quarter of 2025. Diluted net income per common share was $2.03, up $0.08 or 4.10% from the previous quarter and up $0.32 or 18.71% from the prior year's third quarter of $1.71.
Benchmark SRCE against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for 1st Source Corporation (SRCE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $86.94 | $2.09B | 11.75 | 12.05% | 38.53% | 13.34% | 1.81% | |
| $30.41 | $4.36B | 15.02 | 16.23% | 42.9% | 15.14% | 2.43% | |
| $23.76 | $4.54B | 11.06 | 11.19% | 29.66% | 11.39% | 3.24% | |
| $36.31 | $748.21M | 11.25 | 4.57% | 29.92% | 13.61% | 2.85% | |
| $52.83 | $2.75B | 12.68 | 14.54% | 28.98% | 11.31% | 2.7% | |
| $60.57 | $1.05B | 10.96 | 4.83% | 35.25% | 12.91% | 2.43% |
1st Source Corporation (SRCE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
1st Source Corporation (SRCE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Jul 23, 2026·SEC
May 1, 2026·SEC
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1st Source Corporation (SRCE) stock FAQ — growth, dividends, profitability & financials explained
1st Source Corporation (SRCE) grew revenue by 9.9% over the trailing twelve months, compared with the twelve months before.
Yes. 1st Source Corporation (SRCE) earned $178.2M in net income over the trailing twelve months (a 38.5% net margin).
Yes. 1st Source Corporation (SRCE) pays a dividend that yields 1.81% at the current price, a moderate yield.
1st Source Corporation (SRCE) had a return on equity (ROE) of 13.3% over the trailing twelve months. That is in line with the market's typical 10-15%.
1st Source Corporation (SRCE) has a net interest margin (NIM) of 3.8%. This indicates healthy earnings from lending activities.
1st Source Corporation (SRCE) has an efficiency ratio of 50.0%. This is excellent, indicating strong cost control.
