How much revenue did 1st Source generate this year?
1st Source has achieved a revenue of 382.79 M USD this year.
1st Source Revenue 2024
1st Source Revenue
382.79 M USD
1st Source Dividend yield
2.64 %
Ticker
SRCE
ISIN
US3369011032
WKN
919913
In 2024, 1st Source's sales reached 382.79 M USD, a -24.58% difference from the 507.53 M USD sales recorded in the previous year.
The 1st Source Revenue history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) |
|---|---|---|
| 2026e | 383.47 | - |
| 2025e | 390.02 | - |
| 2024e | 382.79 | - |
| 2023 | 507.53 | - |
| 2022 | 385.1 | - |
| 2021 | 354.9 | - |
| 2020 | 366.9 | - |
| 2019 | 384 | - |
| 2018 | 354.4 | - |
| 2017 | 311.1 | - |
| 2016 | 280.7 | - |
| 2015 | 268 | - |
| 2014 | 256.5 | - |
| 2013 | 256.8 | - |
| 2012 | 263.3 | - |
| 2011 | 268.4 | - |
| 2010 | 287.3 | - |
| 2009 | 285.9 | - |
| 2008 | 319.3 | - |
| 2007 | 324.2 | - |
| 2006 | 285.6 | - |
| 2005 | 237 | - |
| 2004 | 214.1 | - |
1st Source Aktienanalyse
What does 1st Source do?
1st Source Corp is an American financial company headquartered in South Bend, Indiana. The company was founded in 1863 and has since been an important part of the banking industry in Indiana and Michigan. The company's origins lie in the opening of a small bank in South Bend, supported by numerous local businesses. Over the following decades, the bank expanded into various cities in the surrounding area. In the 1980s, the company became large enough to develop into 1st Source Corporation, a holding company for various financial services. Today, 1st Source Corp offers a wide range of financial services, including deposits, loans, credit cards, investment services, and insurance solutions. The company operates more than 80 branches in Indiana and Michigan and serves customers in many other states across the USA. The business model of 1st Source Corp is based on a strong focus on customer needs, conservative financial policies, and a local orientation. Unlike many other financial service providers, the company strives to find individual solutions for each customer and build long-term partnerships. An important part of 1st Source Corp's business is wealth management, which offers a variety of investment services for affluent clients. In addition to traditional portfolios and investment funds, the company also provides customized solutions for wealth management and succession planning. Another key area is corporate finance, which focuses on providing loans and other financing solutions for businesses. 1st Source Corp has earned a reputation as a reliable and flexible financing partner and works closely with companies of all sizes. In addition to its traditional business areas, 1st Source Corp also operates a number of specialized departments. This includes, for example, the agricultural finance division, which specializes in financing farmers and agricultural companies. Another important department is the therapy and leasing division, which offers leasing solutions for medical equipment and properties. In recent years, 1st Source Corp has also increasingly focused on offering online and mobile banking solutions. Customers have access to extensive online services that make it easy to manage accounts, make transfers, and pay bills. Overall, 1st Source Corp is a traditional financial company with a strong focus on customer needs and a local orientation. The company offers a wide range of services, from wealth management to corporate finance, and has earned a reputation as a reliable and flexible financing partner. 1st Source ist eines der beliebtesten Unternehmen auf Eulerpool.com.Revenue Details
Understanding 1st Source's Sales Figures
The sales figures of 1st Source originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.
Year-to-Year Comparison
Analyzing 1st Source’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.
Impact on Investments
Investors often scrutinize 1st Source's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.
Interpreting Sales Fluctuations
Increases in 1st Source’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.
Frequently Asked Questions about 1st Source Stock
How much was the turnover of the company 1st Source compared to the previous year?
The revenue of 1st Source has increased by -24.58% decreased compared to the previous year.
What does revenue mean for investors?
The revenue of a company is an important indicator of its financial performance and attractiveness for investors.
Which factors influence the revenue of 1st Source?
The revenue of 1st Source is influenced by various factors, including the demand for its products and services, market conditions, and prices.
How is the revenue of 1st Source measured?
Revenue is typically measured in units referring to the sale of goods and services provided by the company.
How does an increase in sales affect investments?
An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.
What are the possible risks associated with a declining revenue?
A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.
Why is the sales revenue of 1st Source so important for investors?
The revenue of 1st Source is an important indicator of financial performance and attractiveness for investors.
What strategic measures can a company take to increase revenue?
A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.
How much dividend does 1st Source pay?
Over the past 12 months, 1st Source paid a dividend of 1.3 USD . This corresponds to a dividend yield of about 2.64 %. For the coming 12 months, 1st Source is expected to pay a dividend of 1.43 USD.
What is the dividend yield of 1st Source?
The current dividend yield of 1st Source is 2.64 %.
When does 1st Source pay dividends?
1st Source pays a quarterly dividend. This is distributed in the months of June, August, December, March.
How secure is the dividend of 1st Source?
1st Source paid dividends every year for the past 37 years.
What is the dividend of 1st Source?
For the upcoming 12 months, dividends amounting to 1.43 USD are expected. This corresponds to a dividend yield of 2.9 %.
In which sector is 1st Source located?
1st Source is assigned to the 'Finance' sector.
Wann musste ich die Aktien von 1st Source kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 1st Source from 2/15/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 2/2/2024.
When did 1st Source pay the last dividend?
The last dividend was paid out on 2/15/2024.
What was the dividend of 1st Source in the year 2023?
In the year 2023, 1st Source distributed 1.26 USD as dividends.
In which currency does 1st Source pay out the dividend?
The dividends of 1st Source are distributed in USD.
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Andere Kennzahlen von 1st Source
Our stock analysis for 1st Source Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of 1st Source Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
