Is 1st Source Corp. overvalued or undervalued?
As of April 3, 2025, 1st Source Corp. is rated as attractive and fairly valued with a P/E ratio of 12, an EV to EBITDA of 8.96, and a PEG ratio of 0.89, while achieving a 1-year return of 20.85%, outperforming the S&P 500's 10.26%.
As of 3 April 2025, the valuation grade for 1st Source Corp. has moved from very attractive to attractive. The company is currently fairly valued. Key ratios include a P/E ratio of 12, an EV to EBITDA of 8.96, and a PEG ratio of 0.89. In comparison, Heartland Financial USA, Inc. has a P/E of 15.43, while Stock Yards Bancorp, Inc. shows a P/E of 17.74, indicating that 1st Source Corp. is priced lower than some of its peers.Despite the recent grade change, 1st Source Corp. has shown strong performance with a 1-year return of 20.85%, significantly outperforming the S&P 500's 10.26%. This suggests that while the stock is fairly valued, it has been able to deliver solid returns compared to broader market indices.
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