How much profit has 1st Source made this year?
1st Source has made 113.75 M USD this year.
1st Source Net Income 2024
1st Source Net Income
113.75 M USD
1st Source Dividend yield
2.52 %
Ticker
SRCE
ISIN
US3369011032
WKN
919913
In 2024, 1st Source's profit amounted to 113.75 M USD, a -8.07% increase from the 123.74 M USD profit recorded in the previous year.
The 1st Source Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2026e | 102.81 |
| 2025e | 112.34 |
| 2024e | 113.75 |
| 2023 | 123.74 |
| 2022 | 119.5 |
| 2021 | 117.6 |
| 2020 | 80.9 |
| 2019 | 91.4 |
| 2018 | 81.9 |
| 2017 | 67.5 |
| 2016 | 57.4 |
| 2015 | 56.9 |
| 2014 | 57.3 |
| 2013 | 54.2 |
| 2012 | 49 |
| 2011 | 47.5 |
| 2010 | 29.4 |
| 2009 | 19 |
| 2008 | 33.4 |
| 2007 | 30.5 |
| 2006 | 39.3 |
| 2005 | 33.8 |
| 2004 | 25 |
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.Net Income Details
Understanding 1st Source's Profit Margins
The profit margins of 1st Source represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of 1st Source's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating 1st Source's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
1st Source's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When 1st Source’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about 1st Source Stock
How has the profit developed compared to last year?
The profit has increased by -8.07% compared to last year fallen
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does 1st Source publish its earnings?
1st Source publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of 1st Source?
The profits of 1st Source are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of 1st Source?
You can learn more about the earnings of 1st Source by reviewing the quarterly or annual reports or following the company presentations.
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 2.52 %. 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 2.52 %.
When does 1st Source pay dividends?
1st Source pays a quarterly dividend. This is distributed in the months of August, December, March, June.
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 2.77 %.
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 5/15/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 5/3/2024.
When did 1st Source pay the last dividend?
The last dividend was paid out on 5/15/2024.
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.
