1st Source Corp. (SRCE) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Trustmark Corp.

Stock Yards Bancorp, Inc.

1st Source Corp.

National Bank Holdings Corp.

First Bancorp (North Carolina)

Live Oak Bancshares, Inc.

Heartland Financial USA, Inc.

First Commonwealth Financial Corp. (Pennsylvania)

Lakeland Financial Corp. (Indiana)

Merchants Bancorp (Indiana)

Westamerica Bancorporation

Why is 1st Source Corp. ?

High Profitability with a Net Interest Margin of 3.85%

The company has declared Positive results for the last 5 consecutive quarters

NII(Q) Highest at USD 85.19 MM
OPERATING CASH FLOW(Y) Highest at USD 218.77 MM
ROCE(HY) Highest at 1.56%

With ROA of 1.06%, it has a attractive valuation with a 1.47 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -4.55%, its profits have risen by 14.2% ; the PEG ratio of the company is 0.9

High Institutional Holdings at 76.05%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Their stake has increased by 1.6% over the previous quarter.

Below par performance in long term as well as near term

Along with generating -4.55% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to 1st Source Corp. should be less than 10%
Overall Portfolio exposure to Regional Banks should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is 1st Source Corp. for you?

Low Risk, High Return

Absolute

Risk Adjusted

Volatility

1st Source Corp.

-0.34%

1.05

26.28%

S&P 500

13.22%

0.61

20.17%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.66%

EBIT Growth (5y)

9.27%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

25.86%

Pledged Shares

Institutional Holding

76.05%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.47

EV to EBIT

9.54

EV to EBITDA

8.96

EV to Capital Employed

1.52

EV to Sales

3.28

PEG Ratio

0.89

Dividend Yield

ROCE (Latest)

15.95%

ROE (Latest)

12.00%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bullish

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

16What is working for the Company

NII(Q)

Highest at USD 85.19 MM

OPERATING CASH FLOW(Y)

Highest at USD 218.77 MM

ROCE(HY)

Highest at 1.56%

DIVIDEND PER SHARE(HY)

Highest at USD 0

CREDIT DEPOSIT RATIO(HY)

Highest at 95.37%

NET SALES(Q)

Highest at USD 127.22 MM

OPERATING PROFIT(Q)

Highest at USD 49.13 MM

OPERATING PROFIT MARGIN(Q)

Highest at 38.62 %

PRE-TAX PROFIT(Q)

Highest at USD 48.13 MM

-4What is not working for the Company

ROCE(HY)

Lowest at 1.56%

GROSS NPA (%)

Here's what is working for 1st Source Corp.

NII

Highest at USD 85.19 MM and Grown

In each period in the last five periods

MOJO Watch

The bank's income from core business is increasing

Net NPA

Dividend per share

Highest at USD 0 and Grown

In each year in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (USD)

Operating Cash Flow

Highest at USD 218.77 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Sales

Highest at USD 127.22 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (USD MM)

Operating Profit

Highest at USD 49.13 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (USD MM)

Operating Profit Margin

Highest at 38.62 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at USD 48.13 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Credit Deposit Ratio

Highest at 95.37%

in the last four Semi-Annual periods

MOJO Watch

Bank has been creating proportionately higher loans against its deposits, thereby creating higher revenue generating assets

Credit Deposit Ratio (%)

Here's what is not working for 1st Source Corp.

Non Performing Loans (%)

Highest at 1.01%

in the last four Semi-Annual periods

MOJO Watch

Proportion of stressed loans given by the bank are increasing

Non Performing Loans (%)