1st Source Corporation

1st Source Corporationverified

SRCE

Price:

$65.22

Market Cap:

$1.60B

1st Source Corporation operates as the bank holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance products to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate mortgage loans, and home equity lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes...[Read more]

Industry

Banks - Regional

IPO Date

1983-08-12

Stock Exchange

NASDAQ

Ticker

SRCE

The Current Ratio as of November 2024 (TTM) for 1st Source Corporation (SRCE) is 16.29

According to 1st Source Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 16.29. This represents a change of 296.97% compared to the average of 4.10 of the last 4 quarters.

1st Source Corporation (SRCE) Historical Current Ratio (quarterly & annually)

How has SRCE Current Ratio performed in the past?

The mean historical Current Ratio of 1st Source Corporation over the last ten years is 141.86. The current 16.29 Current Ratio has changed 1.05% with respect to the historical average. Over the past ten years (40 quarters), SRCE's Current Ratio was at its highest in in the June 2021 quarter at 1.14K. The Current Ratio was at its lowest in in the March 2024 quarter at 0.03.

Quarterly (TTM)
Annual

Average

141.86

Median

46.37

Minimum

0.70

Maximum

534.11

1st Source Corporation (SRCE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of 1st Source Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.48%

Maximum Annual Current Ratio = 534.11

Minimum Annual Increase = -97.67%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.70-97.67%
202230.23-92.67%
2021412.6387.16%
2020220.46319.77%
201952.52-10.05%
201858.39-89.07%
2017534.111.48%
201633.74-16.12%
201540.2313.01%
201435.6028.88%

1st Source Corporation (SRCE) Average Current Ratio

How has SRCE Current Ratio performed in the past?

The current Current Ratio of 1st Source Corporation (SRCE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

147.85

5-year avg

143.31

10-year avg

141.86

1st Source Corporation (SRCE) Current Ratio vs. Peers

How is SRCE’s Current Ratio compared to its peers?

1st Source Corporation’s Current Ratio is greater than Penns Woods Bancorp, Inc. (2.97), less than Luther Burbank Corporation (102.85), greater than Great Southern Bancorp, Inc. (10.19), greater than Waterstone Financial, Inc. (0.22), greater than Chemung Financial Corporation (0.40), greater than First Community Corporation (2.39), less than Bank7 Corp. (589.88), greater than Orange County Bancorp, Inc. (12.81), greater than ChoiceOne Financial Services, Inc. (1.23), greater than Community West Bancshares (0.33), greater than Home Bancorp, Inc. (0), less than Cullman Bancorp, Inc. (76.62), greater than CB Financial Services, Inc. (0.51), greater than Civista Bancshares, Inc. (0.56), greater than Heritage Financial Corporation (0.22), greater than First Northwest Bancorp (2.40), greater than HomeTrust Bancshares, Inc. (0.13), greater than Lake Shore Bancorp, Inc. (0), greater than FS Bancorp, Inc. (0),

Build a custom stock screener for 1st Source Corporation (SRCE) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like 1st Source Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

1st Source Corporation (SRCE) and other stocks custom spreadsheet templates

The easiest way to analyze a company like 1st Source Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is 1st Source Corporation's Current Ratio?

How is the Current Ratio calculated for 1st Source Corporation (SRCE)?

What is the highest Current Ratio for 1st Source Corporation (SRCE)?

What is the 3-year average Current Ratio for 1st Source Corporation (SRCE)?

What is the 5-year average Current Ratio for 1st Source Corporation (SRCE)?

How does the current Current Ratio for 1st Source Corporation (SRCE) compare to its historical average?