1ST SOURCE CORP(SRCE)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
1ST SOURCE CORP (SRCE) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores SRCE at 60.6/100 on a 32-signal composite quality model, placing it at rank #845 of 2,962 stocks — the top half of the AI-ranked universe. SRCE scores in the top quartile across profitability (95.7), free cash flow (93.6). Areas of concern include revenue scale (35.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 47.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), 1ST SOURCE CORP reports quarterly revenue of $118.2M, net income of $47.5M, an operating margin of 52.1%. Top institutional holders of SRCE by reported 13-F value include 1ST SOURCE BANK, BlackRock, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. SRCE trades on the Nasdaq exchange and files with the SEC under CIK 34782. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SRCE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for 1ST SOURCE CORP directly from SEC EDGAR.
AI Quality Score
60.6/100
AI Rank
#845
Revenue
$118.2M
Net Income
$47.5M
Free Cash Flow
$49.3M
Operating Margin
52.1%
SRCE key financials by period
1ST SOURCE CORP reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$433.8M
—
47.1%
FY 2024
10-K
$387.1M
—
44.2%
FY 2023
10-K
$369.3M
—
43.8%
FY 2022
10-K
$354.7M
—
44.2%
FY 2021
10-K
$336.7M
—
46.0%
FY 2020
10-K
$329.7M
—
32.3%
Institutions holding SRCE
Institutional investors reporting a position in 1ST SOURCE CORP on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-23 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 net income of $47.5M (+27% YoY) driven by higher net interest income, improved deposit funding costs, and lower provision for credit losses.
Biggest Revenue Drivers
Net interest income$93.1M+9.3% YoY
Higher earning assets and 34 bps decline in deposit costs from Fed rate cuts in H2 2025, partially offset by 2 bps decline in earning asset yields.
Noninterest income$25.0M+8.5% YoY
Trust and wealth advisory up 19.6%, debit card income up 3.7%, and service charges up 7.6%, offset by lower mortgage banking and equipment rental.
Biggest Revenue Drivers
Net interest income$93.1M+9.3% YoY
Higher earning assets and 34 bps decline in deposit costs from Fed rate cuts in H2 2025, partially offset by 2 bps decline in earning asset yields.
Noninterest income$25.0M+8.5% YoY
Trust and wealth advisory up 19.6%, debit card income up 3.7%, and service charges up 7.6%, offset by lower mortgage banking and equipment rental.
Largest Expense Items
Salaries and employee benefits$33.2M+4.3% YoY
Higher from merit increases, increased incentive compensation, and elevated group health insurance claims.
Data processing$7.5M+1.1% YoY
Increased software maintenance on technology projects.
Net occupancy$3.4M+11.6% YoY
Higher seasonal snow removal costs and premises repairs.
Margins: Net interest margin improved 23 basis points to 4.24% despite 2 bps decline in earning asset yields, driven by 34 bps reduction in deposit costs from Federal Reserve rate cuts in the second half of 2025 and lower cost of short-term borrowings.
Watch Items from the Filing
Aircraft portfolio contains $305.3M foreign exposure (June 30, 2026), primarily Mexico ($152M) and Brazil ($139M), concentrated in collateral-dependent sector susceptible to value volatility.
Auto and light truck borrowers facing lower rental rates, higher fleet carrying costs, and industry overcapacity; construction equipment and commercial real estate portfolios showing elevated credit concerns.
Nonaccrual loans declined 9% to $69.7M; 30+ day delinquency improved to 0.09% from 0.52% year-over-year, indicating modest credit stability.
Loan growth of $173M (2.5%) driven by renewable energy (+$88M), commercial and agricultural (+$60M), and construction equipment (+$54M); auto and light truck and aircraft declined.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
