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

1st Source (NASDAQ:SRCE) is projected to issue its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to post earnings of $1.83 per share and revenue of $118.11 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 22, 2026 at 4:00 PM ET.

1st Source (NASDAQ:SRCE) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.24. 1st Source had a net margin of 28.09% and a return on equity of 12.94%. The firm had revenue of $118.16 million during the quarter, compared to analyst estimates of $114.13 million. On average, analysts expect 1st Source to post $7.26 EPS for the current fiscal year and $7.47 EPS for the next fiscal year.

1st Source Stock Down 0.8%

SRCE opened at $85.23 on Tuesday. 1st Source has a 52 week low of $58.15 and a 52 week high of $91.46. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.07. The firm has a 50-day simple moving average of $86.09 and a two-hundred day simple moving average of $80.83. The company has a market capitalization of $2.05 billion, a PE ratio of 13.07 and a beta of 0.57.

1st Source Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Tuesday, August 4th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, August 4th. This is a boost from 1st Source’s previous quarterly dividend of $0.43. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. 1st Source’s dividend payout ratio is currently 27.61%.

Insider Activity at 1st Source

In other 1st Source news, CFO Brett Bauer sold 500 shares of 1st Source stock in a transaction on Monday, August 10th. The shares were sold at an average price of $87.89, for a total value of $43,945.00. Following the completion of the transaction, the chief financial officer directly owned 30,706 shares of the company’s stock, valued at $2,698,750.34. This trade represents a 1.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 20.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

SRCE has been the subject of several research analyst reports. DA Davidson raised their price target on 1st Source from $77.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Keefe, Bruyette & Woods lifted their price objective on 1st Source from $79.00 to $82.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. Zacks Research cut 1st Source from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Piper Sandler upped their price objective on 1st Source from $88.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings raised 1st Source from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.67.

About 1st Source

1st Source Corporation is a financial services holding company headquartered in South Bend, Indiana. Through its principal subsidiary, 1st Source Bank, the company provides banking and related financial services to businesses, individuals and organizations.

1st Source Bank offers commercial and consumer lending, deposit accounts, treasury management, mortgage services, and trust and investment services. The bank also provides specialized financing for industries such as aircraft, construction equipment, transportation, marine, agriculture and other commercial markets.

Founded in 1863, 1st Source serves communities primarily across northern Indiana and southwest Michigan through banking offices and specialized lending operations.