1st Source operates primarily through 1st Source Bank, serving individuals and businesses through a network across 18 counties in Indiana and Michigan, plus Sarasota County in Florida. The bank distinguishes itself through its Specialty Finance Group operating nationwide, focusing on construction equipment, private and commercial aircraft, auto and light truck fleet financing, and medium to heavy-duty truck financing.
Cyborg Score Rationale
1st Source has averaged a Tier 1 capital ratio of 14.2%, well above regulatory minimums of 7-10%, indicating strong capital positions. The company has averaged an ROE of 12.5% over five years, excellent for banking. Revenue grew at 5.5% compounded annual growth rate over five years, slightly above banking company averages.
Top Insights
Market cap of $1.71B with a PE ratio of 10.92 and a dividend yield of 2.27%.
Net margin of 26.38% and ROE of 12.44% as of Q4 2025 earnings.
Specialty Finance Group provides nationwide competitive advantage through diversified equipment and aircraft financing.
Analyst consensus rating is Hold with average price target of $75.33.
Named Competitors
Regional Banking — Larger regional bank competitor in Midwest markets
Regional Banking — Larger regional bank competitor in Midwest markets