SRCE - 1st Source Corporation
NASDAQ
->
Financial Services
->
Banks—Regional
South Bend,
United States
Type: Equity
SRCE price evolution
SRCE
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $269.24 | $80.91 | $129.67 | |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $83.04 | $62.09 | $62.38 | $66.53 |
| Goodwill & intangible assets | $83.91 | $83.91 | $83.92 | |
| Total noncurrent assets | ||||
| Total investments | $8053.83 | $8025.95 | $8020.07 | |
| Total assets | $8763.95 | $8878 | $8667.84 | $8727.96 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $364.81 | $469.32 | $432.81 | $514.44 |
| Long term debt | $97.98 | $97.9 | $98.17 | $106.67 |
| Total noncurrent liabilities | ||||
| Total debt | $386.12 | $347.75 | $419.03 | |
| Total liabilities | $7659.69 | $7763.15 | $7586.29 | $7659.69 |
| Shareholders' equity | ||||
| Retained earnings | $868.08 | $841.79 | $812.41 | $789.84 |
| Other shareholder equity | -$71.23 | -$105.56 | -$109.28 | -$106.32 |
| Total shareholder equity | $1043.52 | $1009.89 | $989.57 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $129.67 | $122.8 | $525.19 | $243.05 |
| Short term investments | ||||
| Net receivables | ||||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $66.53 | $97.39 | $95.47 | $114.41 |
| Goodwill & intangible assets | $83.92 | $83.91 | $83.93 | $83.95 |
| Total noncurrent assets | ||||
| Total investments | $8020.07 | $7676.23 | $7122.24 | $6586.43 |
| Total assets | $8727.96 | $8339.42 | $8096.29 | $7316.41 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $359.44 | $166.54 | $117.7 | $148.4 |
| Long term debt | $85.92 | $84 | $85.9 | $85.4 |
| Total noncurrent liabilities | ||||
| Total debt | $419.03 | $320.85 | $330.04 | $291.27 |
| Total liabilities | $7659.69 | $7475.35 | $7126.82 | $6385.74 |
| Shareholders' equity | ||||
| Retained earnings | $789.84 | $694.86 | $603.79 | $514.18 |
| Other shareholder equity | -$106.32 | -$147.69 | -$9.86 | $18.37 |
| Total shareholder equity | $989.57 | $864.07 | $916.25 | $886.85 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $97.93 | $97.22 | $87.48 | $89.5 |
| Cost of revenue | ||||
| Gross Profit | $97.22 | $87.48 | $89.5 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $42.15 | $41.96 | $43.23 | |
| Total operating expenses | $49.49 | $49.59 | $52.97 | |
| Operating income | $47.72 | $37.89 | $36.52 | |
| Income from continuing operations | ||||
| EBIT | $47.71 | $37.88 | $36.53 | |
| Income tax expense | $10.47 | $10.92 | $8.43 | $8.11 |
| Interest expense | ||||
| Net income | ||||
| Net income | $34.62 | $36.79 | $29.45 | $28.43 |
| Income (for common shares) | $36.79 | $29.45 | $28.43 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $363.4 | $341.49 | $341.03 | $293.71 |
| Cost of revenue | ||||
| Gross Profit | $363.4 | $341.49 | $341.03 | $293.71 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $164.57 | $149.48 | $156.14 | $147.24 |
| Total operating expenses | $201.72 | $184.7 | $186.15 | $187.37 |
| Operating income | $161.68 | $156.79 | $154.88 | $106.34 |
| Income from continuing operations | ||||
| EBIT | $161.67 | $156.76 | $154.86 | $106.32 |
| Income tax expense | $36.75 | $36.26 | $36.33 | $24.88 |
| Interest expense | ||||
| Net income | ||||
| Net income | $124.93 | $120.51 | $118.53 | $81.44 |
| Income (for common shares) | $124.93 | $120.51 | $118.53 | $81.44 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $36.79 | $29.45 | $28.43 | |
| Operating activities | ||||
| Depreciation | $3.02 | $3.26 | $3.5 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.22 | $1.31 | $1.48 | |
| Total cash flows from operations | $49.99 | $41.96 | $44.15 | |
| Investing activities | ||||
| Capital expenditures | -$1.77 | $1.82 | -$1.03 | |
| Investments | -$30.83 | -$26.42 | -$147.69 | |
| Total cash flows from investing | -$20.74 | -$31.85 | -$23.69 | -$148.28 |
| Financing activities | ||||
| Dividends paid | -$26.3 | -$8.6 | -$8.59 | -$8.59 |
| Sale and purchase of stock | $0.15 | $0 | ||
| Net borrowings | $38.36 | -$74.04 | $40.2 | |
| Total cash flows from financing | -$99.87 | $170.19 | -$67.02 | $122.66 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $39.69 | $188.33 | -$48.75 | $18.53 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $124.93 | $120.51 | $118.53 | $81.44 |
| Operating activities | ||||
| Depreciation | $15.46 | $19.09 | $24 | $31.08 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $4.89 | $3.59 | $4.21 | $3.29 |
| Total cash flows from operations | $187.94 | $175.53 | $166.76 | $154.49 |
| Investing activities | ||||
| Capital expenditures | -$1.6 | $4.38 | $0.16 | $23.59 |
| Investments | -$358.79 | -$783.79 | -$603.23 | -$617.5 |
| Total cash flows from investing | -$358.29 | -$784.87 | -$598.56 | -$582.66 |
| Financing activities | ||||
| Dividends paid | -$33.07 | -$32.1 | -$31.34 | -$29.76 |
| Sale and purchase of stock | -$12.39 | -$6.58 | -$33.05 | -$6.38 |
| Net borrowings | $93.38 | -$10.03 | $35.93 | $11.84 |
| Total cash flows from financing | $177.22 | $206.95 | $713.94 | $587.85 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $6.87 | -$402.39 | $282.14 | $159.68 |
News
Fundamentals
| Market cap | $1.62B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 24.51M |
| Revenue | $372.12M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $129.30M |
| Revenue Q/Q | 5.50% |
| Revenue Y/Y | 2.43% |
| P/E ratio | 12.55 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 4.36 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $5.27 |
|---|---|
| ROA | 1.48% |
| ROE | N/A |
| Debt/Equity | 7.74 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |