1st Source Corporation

1st Source Corporationverified

SRCE

Price:

$66.29

Market Cap:

$1.63B

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 Dividend Yield as of November 2024 (TTM) for 1st Source Corporation (SRCE) is 2.11%

According to 1st Source Corporation’s latest financial reports and current stock price. The company's current Dividend Yield is 2.11%. This represents a change of 224.98% compared to the average of 0.65% of the last 4 quarters.

1st Source Corporation (SRCE) Historical Dividend Yield (quarterly & annually)

How has SRCE Dividend Yield performed in the past?

The mean historical Dividend Yield of 1st Source Corporation over the last ten years is 2.26%. The current 2.11% Dividend Yield has changed -6.65% with respect to the historical average. Over the past ten years (40 quarters), SRCE's Dividend Yield was at its highest in in the September 2020 quarter at 0.94%. The Dividend Yield was at its lowest in in the September 2017 quarter at 0.39%.

Quarterly (TTM)
Annual

Average

2.26%

Median

2.34%

Minimum

1.59%

Maximum

2.89%

1st Source Corporation (SRCE) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of 1st Source Corporation Dividend Yield, 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 = 54.04%

Maximum Annual Dividend Yield = 2.89%

Minimum Annual Increase = -25.12%

Minimum Annual Dividend Yield = 1.59%

Quarterly (TTM)
Annual
YearDividend YieldChange
20232.45%-0.17%
20222.45%-2.94%
20212.52%-12.78%
20202.89%32.41%
20192.19%-10.99%
20182.45%54.04%
20171.59%-5.14%
20161.68%-25.12%
20152.24%4.10%
20142.16%-1.73%

1st Source Corporation (SRCE) Average Dividend Yield

How has SRCE Dividend Yield performed in the past?

The current Dividend Yield 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

2.47%

5-year avg

2.50%

10-year avg

2.26%

1st Source Corporation (SRCE) Dividend Yield vs. Peers

How is SRCE’s Dividend Yield compared to its peers?

1st Source Corporation’s Dividend Yield is less than Penns Woods Bancorp, Inc. (4.21%), greater than Luther Burbank Corporation (0%), less than Great Southern Bancorp, Inc. (2.49%), less than Waterstone Financial, Inc. (3.94%), less than Chemung Financial Corporation (2.41%), less than First Community Corporation (2.32%), less than Bank7 Corp. (1.82%), less than Orange County Bancorp, Inc. (1.55%), less than ChoiceOne Financial Services, Inc. (2.94%), less than Community West Bancshares (2.57%), less than Home Bancorp, Inc. (2.01%), less than Cullman Bancorp, Inc. (1.22%), less than CB Financial Services, Inc. (3.33%), less than Civista Bancshares, Inc. (2.79%), less than Heritage Financial Corporation (3.47%), less than First Northwest Bancorp (2.46%), less than HomeTrust Bancshares, Inc. (1.19%), less than Lake Shore Bancorp, Inc. (3.87%), less than FS Bancorp, Inc. (2.26%),

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